04 December 2016

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OCC to offer fintech firms bank charter status
Risk & regulation

OCC to offer fintech firms bank charter status

02 December 2016  |  3882 views  |  0 comments | 12 tweets | 8 linkedin

The US Office of the Comptroller of the Currency (OCC) is to begin accepting applications from fintech companies to become special-purpose national banks.

Lloyds opens International Trade Portal for UK businesses
Wholesale banking

Lloyds opens International Trade Portal for UK businesses

02 December 2016  |  3102 views  |  0 comments | 3 tweets | 8 linkedin

Lloyds Bank has launched an online portal to help British companies expand their business to overseas markets.

BBVA board alights in San Francisco
Start ups

BBVA board alights in San Francisco

02 December 2016  |  2830 views  |  0 comments | 5 tweets | 1 linkedin

Reinforcing its commitment to digital transformation, Spain's BBVA is holding a four-day board meeting in San Francisco, connecting with staff, startups and academics as it charts a path for banking in the 21st century.

Raiffeisen retools ATMs for contactless and QR-code driven transactions
Cards

Raiffeisen retools ATMs for contactless and QR-code driven transactions

02 December 2016  |  2313 views  |  0 comments | 2 linkedin

Austria's Raiffeisen Bank is re-equpping its ATM estate for the future, ordering 1200 new machines from Diebold Nixdorf featuring advanced bill payment and contactless functionalities such as quick response (QR) codes and near field communication (NFC) readers.

Lithuania makes a pitch for post-Brexit UK fintech firms
Brexit

Lithuania makes a pitch for post-Brexit UK fintech firms

02 December 2016  |  2940 views  |  0 comments | 6 tweets | 4 linkedin

Lithuania is looking to become the destination of choice for UK fintech firms seeking EU passporting rights in post-Brexit Britain.

Visa to acquire Cardinal Commerce
Payments

Visa to acquire Cardinal Commerce

02 December 2016  |  3692 views  |  0 comments | 4 tweets | 10 linkedin

Visa has agreed to buy e-commerce authentication firm Cardinal Commerce to beef up security in card-not-present channels whether through a browser, mobile app, or connected device.

Police raid fake credit card factory
Cards

Police raid fake credit card factory

02 December 2016  |  3805 views  |  0 comments | 2 tweets | 9 linkedin

Five men have been sentenced after police uncovered a fake bank and credit card factory in Holloway, London.

Russian banks held up as technology role model for UK financial services firms
Security

Russian banks held up as technology role model for UK financial services firms

02 December 2016  |  3530 views  |  0 comments | 7 tweets | 3 linkedin

The UK's banks are trailling their counterparts in Russia in their attitude to innovation and cybersecurity, delegates were told at the annual Russian-British Business Forum in London

BNY Mellon treasury business creates global innovation unit
Payments

BNY Mellon treasury business creates global innovation unit

01 December 2016  |  3482 views  |  0 comments | 2 tweets | 3 linkedin

BNY Mellon has created a new global innovation group in the company's treasury services business and appointed MD Christopher Mager to head up the operation.

Big tech policy group calls on Trump to promote fintech innovation
Payments

Big tech policy group calls on Trump to promote fintech innovation

01 December 2016  |  5088 views  |  0 comments | 22 tweets | 11 linkedin

Financial Innovation Now, a public policy coalition comprised of Amazon, Apple, Google, Intuit and PayPal, has called on President-elect Trump to develop a national vision and co-ordinating strategy to promote the development of fintech innovations in financial services.

Deutsche Börse partners Naga Group to build gaming marketplace
Wholesale banking

Deutsche Börse partners Naga Group to build gaming marketplace

01 December 2016  |  2585 views  |  0 comments | 2 tweets | 3 linkedin

Deutsche Börse is to create a new marketplace for trading virtual gaming products in partnership with local fintech incubation vehicle Naga.

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