26 July 2016
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Singapore transit system to trial contactless bank card payments
Cards

Singapore transit system to trial contactless bank card payments

49 minutes ago  |  594 views  |  0 comments

Singapore's Land Transport Authority (LTA) is teaming up with MasterCard for a pilot that will see participants pay for their train and bus journeys by tapping their contactless credit and debit cards.

Telefonica Germany launches Fidor-backed mobile banking service
Cards

Telefonica Germany launches Fidor-backed mobile banking service

6 hours ago  |  2556 views  |  1 comments | 4 tweets | 5 linkedin

Telefonica Germany has launched a mobile banking service using white-label technology supplied by Fidor Bank.

Finextra paper explores blockchain as an enabler of operational resilience
Wholesale banking

Finextra paper explores blockchain as an enabler of operational resilience

9 hours ago  |  2612 views  |  0 comments | 6 tweets | 2 linkedin

Distributed ledger technology could help with damage limitation in the event of service disruptions, as the paper ‘How to get a head on operational resilience’ discusses.

Visa to open new Silicon Valley office
Payments

Visa to open new Silicon Valley office

9 hours ago  |  1719 views  |  0 comments | 1 tweets | 1 linkedin

Visa is set to open a huge new Silicon Valley office that will house 300 staffers working on technology research, business intelligence, data security and merchant solutions.

Gibraltar Stock Exchange adds bitcoin instrument
Wholesale banking

Gibraltar Stock Exchange adds bitcoin instrument

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

Gibraltar Stock Exchange (GSX) claims it is the first execution venue in Europe to list a European regulated product based exclusively on the crypto currency.

UK startups get Brexit boost while UK funds suffer
Retail banking

UK startups get Brexit boost while UK funds suffer

14 hours ago  |  2684 views  |  1 comments | 8 tweets | 8 linkedin

Venture capitalists have invested more than $200m in UK tech startups in the month following the controversial Brexit vote, allaying fears that London's growing tech sector would be one of the first casualties of the withdrawal from the European Union.

Most Americans foresee death of cash in their lifetimes
Cards

Most Americans foresee death of cash in their lifetimes

25 July 2016  |  3483 views  |  0 comments | 11 tweets | 12 linkedin

More than half of Americans still like to have cash on them at all times but 62% expect the US to become a cashless society in their lifetimes, according to a Gallup survey.

UK and South Korea build 'fintech bridge'
Start ups

UK and South Korea build 'fintech bridge'

22 July 2016  |  5032 views  |  0 comments | 13 tweets | 14 linkedin

The UK and South Korea have formed a "fintech bridge" that will help financial technology firms and investors from each country gain access to the other.

LME hit by second problem in a week
Security

LME hit by second problem in a week

22 July 2016  |  2524 views  |  0 comments | 3 tweets | 1 linkedin

It has been a week to forget for the London Metal Exchange after it was forced to delay trading on Friday by four hours due to a connectivity issue with an external network provider, according to Bloomberg.

MasterCard to apply for China payments licence - Reuters
Retail banking

MasterCard to apply for China payments licence - Reuters

22 July 2016  |  3838 views  |  0 comments | 3 tweets | 12 linkedin

MasterCard is considering an application to become a licenced payment services provider in China, according to Reuters.

Thailand considers fintech regulation
Risk & regulation

Thailand considers fintech regulation

22 July 2016  |  4747 views  |  0 comments | 9 tweets | 10 linkedin

Thailand's central bank has called for more regulation of the country's growing fintech sector in order to prevent systemic risk and protect consumers.

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