18 August 2017
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Barclays pairs banking data with third party apps for SmartBusiness Dashboard

Barclays is to provide small business customers with a 'SmartBusiness Dashboard', a single site from which users can view real-time banking data alongside business information from third party apps.

Simple lays off ten percent of staff in bid to return to tech roots
Start ups

Simple lays off ten percent of staff in bid to return to tech roots

14 hours ago  |  2368 views  |  0 comments | 1 tweets | 2 linkedin

Joshua Reich, the CEO of US digital neo-bank Simple is pledging to return the business to its roots, having spent the past few years "acting like a bank instead of a technology company".

RBS to bring Silicon Valley to Edinburgh
Start ups

RBS to bring Silicon Valley to Edinburgh

19 hours ago  |  3671 views  |  0 comments | 5 tweets | 6 linkedin

Royal Bank of Scotland is inviting tech entrepreneurs from across the world to its Edinburgh HQ to discuss the latest trends in technology and mingle with local fintech entrepreneurs, customers and bank staff at an event dubbed Disrupt 17.

SEC places New York bank IT man at centre of insider trading scheme
Risk & regulation

SEC places New York bank IT man at centre of insider trading scheme

20 hours ago  |  2690 views  |  0 comments | 2 tweets | 3 linkedin

The Securities and Exchange Commission has charged seven individuals with insider trading based on tips allegedly received from an IT consultant who worked on an M&A database at a large un-named New York bank.

Mobile contactless spending accelerating in UK
Mobile & online

Mobile contactless spending accelerating in UK

17 August 2017  |  5515 views  |  1 comments | 19 tweets | 19 linkedin

Mobile tap-and-pay spending is accelerating on the high street, spurred by the growing popularity of contactless payments at the point-of-sale, according to new data from Worldpay.

CIBC severs ties with President's Choice; launches new direct banking brand
Mobile & online

CIBC severs ties with President's Choice; launches new direct banking brand

17 August 2017  |  2970 views  |  0 comments | 3 tweets | 2 linkedin

Canada's CIBC is cutting ties with Loblaw groceries President's Choice Financial and moving its nearly two million accounts to Simplii Financial, a new direct banking brand for clients who want no-fee daily banking through online, mobile and telephone channels

Barclays customers to suffer Web blackouts until the end of the year
Mobile & online

Barclays customers to suffer Web blackouts until the end of the year

16 August 2017  |  4746 views  |  0 comments | 8 tweets | 6 linkedin

Barclays Bank is warning customers to expect regular weekend blackouts of online, phone and mobile banking services for the rest of the year as it prepares to separate its wholesale and retail banking business to comply with UK ring-fencing rules.

Urban FT throws a lifeline to Digiliti Money
Mobile & online

Urban FT throws a lifeline to Digiliti Money

16 August 2017  |  3075 views  |  0 comments | 1 linkedin

Urban FT has emerged as a surprise bidder for Digiliti Money, just a day after the beleaguered remote deposit capture company warned that it was contemplating bankruptcy after auditors refused to sign off on its financial accounts for 2016.

Options lands $100 million PE investment
Trade execution

Options lands $100 million PE investment

16 August 2017  |  3234 views  |  0 comments | 5 tweets | 4 linkedin

UK capital markets technology outfit Options has scored a significant $100 million investment from New York-based private equity house Bregal Sagemount.

Earnest to create 500 jobs in Utah move
Start ups

Earnest to create 500 jobs in Utah move

16 August 2017  |  3559 views  |  0 comments

San Francisco-based fintech startup Earnest is opening a second location in Utah, adding up to 500 jobs to the community and $5.6 million in capital investment over the next five years.

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