25 April 2018
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TransferWise launches multi-country bank account
Retail banking

TransferWise launches multi-country bank account

7 hours ago  |  1891 views  |  0 comments | 2 tweets | 3 linkedin

TransferWise has launched what it calls a 'borderless' multi-country bank account and debit card, enabling customers to easily manage their money between countries.

Draft US Faster Payments Council governance framework released
Retail banking

Draft US Faster Payments Council governance framework released

12 hours ago  |  2047 views  |  0 comments | 3 tweets | 5 linkedin

A group of industry stakeholders has put together a draft governance framework for a new US Faster Payments Council (FPC).

Finastra blockchain-based tool for syndicated lending market goes live
Post-trade & ops

Finastra blockchain-based tool for syndicated lending market goes live

17 hours ago  |  2664 views  |  0 comments | 5 tweets | 9 linkedin

Finastra has made its blockchain-based Fusion LenderComm tool for firms operating in the syndicated lending market commercially available as an app on R3's Corda platform.

Saxo Bank migrates to Microsoft cloud
Wholesale banking

Saxo Bank migrates to Microsoft cloud

18 hours ago  |  2024 views  |  0 comments | 5 tweets | 5 linkedin

Denmark's Saxo Bank has teamed up with Microsoft in a bid to run its entire technology stack on the cloud.

Half of all journeys on London transport network are now contactless
Cards

Half of all journeys on London transport network are now contactless

18 hours ago  |  2575 views  |  0 comments | 8 tweets | 10 linkedin

The popularity of contactless payments in public transit networks has been underscored by new figures from Transport for London which reveal that half of all underground and rail journeys are now effected through tap and pay bank cards and mobile devices.

Former SunTrust employee may have stolen information on 1.5m customers
Retail banking

Former SunTrust employee may have stolen information on 1.5m customers

18 hours ago  |  2030 views  |  0 comments | 1 tweets | 4 linkedin

SunTrust Bank says that a former employee may have attempted to steal information on about 1.5 million customers and pass the data on to a criminal third party.

RBS aims to move one million customers to new mobile bank - Forbes
Retail banking

RBS aims to move one million customers to new mobile bank - Forbes

20 hours ago  |  4295 views  |  2 comments | 10 tweets | 14 linkedin

RBS is reportedly planning to move up to a million NatWest customers to a new greenfield online only banking offshoot, as it faces up to competition from app-based startups like Monzo and Starling.

Chaos continues at TSB as IT woes grind on
Mobile & online

Chaos continues at TSB as IT woes grind on

21 hours ago  |  3787 views  |  5 comments | 4 tweets | 4 linkedin

TSB is take its online and mobile systems offline in an attempt to get to the bottom of a botched IT account switchover after it migrated accounts from a legacy Lloyds platform to the Proteo4 system from new owner Banco Sabadell.

Nets to test finger scanners at the point-of-sale
Mobile & online

Nets to test finger scanners at the point-of-sale

22 hours ago  |  3177 views  |  0 comments | 5 tweets | 6 linkedin

Nordic payments processor Nets has begun tests of finger-vein payments with students and visitors at the Copenhagen Business Scool.

One-in-five financial firms considering crypto trading in 2018
Wholesale banking

One-in-five financial firms considering crypto trading in 2018

22 hours ago  |  2440 views  |  0 comments | 4 tweets | 6 linkedin

Approximately one-in-five financial institutions surveyed by Thomson Reuters are considering introducing crypto trading desks within the next twelve months.

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