19 October 2017
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HSBC partners Bud for open banking trial
Start ups

HSBC partners Bud for open banking trial

3 hours ago  |  1200 views  |  0 comments | 1 linkedin

HSBC has enlisted fintech startup Bud for the latest stage of its foray into open banking, trialling an app that lets people see account information from all of their providers, as well as get money management tips and product suggestions - including from third parties.

Fundchain bids to move beyond prototyping
Blockchain

Fundchain bids to move beyond prototyping

3 hours ago  |  1174 views  |  0 comments

Fundchain, a collaborative initiative of the Luxembourg fund industry, is to advance its exploration into potential applications for distributed ledger technology and define ready-to-use products that could be implemented in the short-term.

Sibos 2017: How to profit from the data goldrush
Wholesale banking

Sibos 2017: How to profit from the data goldrush

8 hours ago  |  1451 views  |  0 comments | 3 tweets | 1 linkedin

The billion dollar question at today's Sibos Future of Money session: Who is going to be able to successfully extract the gold from the data mine and become the Amazon of the financial services world?

CBA lines up POS integration with NZ's Vend
Mobile & online

CBA lines up POS integration with NZ's Vend

15 hours ago  |  2026 views  |  0 comments

Commonwealth Bank of Australia has struck a deal with New Zealand's Vend to add inventory management, analytics and customer loyalty tools to its suite of proprietary Albert POS tablets.

JPMorgan Chase to acquire WePay
Retail banking

JPMorgan Chase to acquire WePay

17 hours ago  |  3548 views  |  0 comments | 9 tweets | 13 linkedin

JPMorgan Chase is to buy Silicon Valley-based WePay to help its small business clients marry software with payments.

Sibos 2017: API or the highway
Risk & regulation

Sibos 2017: API or the highway

18 October 2017  |  4729 views  |  0 comments | 8 tweets | 16 linkedin

As PSD2 looms into view, open banking and APIs have been central to discussions at this year’s Sibos, with banks grappling with the threats and opportunities presented by the opening up of data.

ATM jackpotting for dummies; Yours for just £3,788
Security

ATM jackpotting for dummies; Yours for just £3,788

18 October 2017  |  3484 views  |  0 comments | 2 tweets | 5 linkedin

Kaspersky Lab has discovered an ATM jackpotting kit for sale on the Dark Web which provides step-by-step instructions for non-techies to crack open a cash machine.

Gleif study claims $650 million cost savings from LEI uptake
Trade execution

Gleif study claims $650 million cost savings from LEI uptake

18 October 2017  |  2516 views  |  0 comments | 4 tweets | 6 linkedin

Research undertaken by McKinsey estimates that broader, global adoption of Legal Entity Identifiers (LEIs) could yield annual savings of over $150m within the investment banking industry and up to $500m for banks in the issuance of letters of credit.

Sibos 2017: Tim Berners-Lee pitches W3C payments APIs
Cards

Sibos 2017: Tim Berners-Lee pitches W3C payments APIs

17 October 2017  |  3999 views  |  1 comments | 7 tweets | 7 linkedin

Sir Tim Berners-Lee used his appearance at Sibos this morning to pitch the World Wide Web Consortium's efforts to streamline the online checkout experience and make payments more secure.

Venmo comes to the high street
Mobile & online

Venmo comes to the high street

17 October 2017  |  3976 views  |  0 comments | 7 tweets | 10 linkedin

PayPal has announced that Venmo users will be able to use the popular mobile app at more than two million US high street retailers.

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