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1631 Results from 2016

/retail

TD Ameritrade lets users 'Ask Alexa' for stock quotes

TD Ameritrade has launched an app that lets investors ask Amazon's Alexa virtual assistant for financial market updates and securities quotes.

/retail

HSBC and NAB open API developer portals

HSBC in the UK and Australia's NAB are both entering the API game by opening developer portals that give third parties access to some of their data.

/retail

Visa and Mastercard strike wallet tokenisation deal

Bitter rivals Visa and Mastercard have struck a deal that lets each firm's digital wallet service request the other's tokenised payment credentials.

/wholesale

Citi backs blockchain startup

Citi has invested an undisclosed sum in Cobalt, a blockchain startup aiming to bring distributed ledger technology to the processing of foreign exchange trades.

/regulation

JP Morgan hack suspect returns to US to face justice

Joshua Aaron, the US fugitive suspected of carrying out the largest ever cyber attack on Wall Street, has returned to the US to face trial after hiding out in Russia for more than 18 months.

/regulation

Asic launches licence exemption scheme for fintechs

Australia's securities watchdog has released a number of waivers that will enable eligible fintechs to test services without the need to hold an Australian Financial Service licence or to make individual applications to the regulator.

/retail

Cash to account for less than a quarter of US transactions by 2026 - research

The rise of mobile and contactless payments means that by 2026 cash will account for less than a quarter of all transactions in the US, according to research from law firm Paul Hastings and the Centre for Economics & Business Research (Cebr).

/retail

Flight of fancy: Starling Bank ponders debit card drone delivery

Pigs might fly. And so, claims UK challenger bank Starling, might debit cards if its plan to make deliveries to customers via drones takes off.

/retail

First direct crowdsources product ideas

UK digital bank first direct has launched an online platform where customers can get directly involved in helping the HSBC unit develop new products and services.

/retail

Sumitomo Financial Group trials facial recognition tech

Sumitomo Financial Group is testing facial recognition technology from NEC on purchases made by employees at its banking and cards operations.

/retail

BofA adds budgeting tool to app

Bank of America is adding a spending and budgeting tool to its mobile and online platforms, helping customers to track and control their money.

/retail

UniCredit to cut 14000 jobs and invest in digitisation

Italian giant UniCredit has become the latest bank to outline plans to cut thousands of jobs and invest billions of euros in digitisation in a bid to boost profits.