28 July 2017
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Asia catching US in value of fintech deals
Wholesale banking

Asia catching US in value of fintech deals

20 February 2017  |  4476 views  |  0 comments | 5 tweets | 7 linkedin

Venture capital investment in Asia-based fintech start-ups reached $5.4 billion in 2016 just shy of the $5.5 billion invested in the US.

Banks should be liable for scam victims' losses says consumer group

Consumer group Which? has accused the UK's Payment System Regulator (PSR) of letting banks off the hook by not forcing them to reimburse customers who fall victim to online money transfer scams.

Fintech founder calls Aussie banks hyprocrites over Apple Pay complaints
Risk & regulation

Fintech founder calls Aussie banks hyprocrites over Apple Pay complaints

29 July 2016  |  8764 views  |  2 comments | 14 tweets | 9 linkedin

The founder of an Australian robo-advisor has accused the country's banks of hypocrisy over their cries of anti-competitive behaviour from Apple Pay

Lloyds to cut further 3000 jobs and close 200 branches in wake of Brexit vote
Transaction banking

Lloyds to cut further 3000 jobs and close 200 branches in wake of Brexit vote

28 July 2016  |  11159 views  |  10 comments | 9 tweets | 5 linkedin

Lloyds Banking Group is accelerating its cost-cutting drive by announcing more job cuts and branch closures despite doubling its profit in the first half of 2016.

Standard Chartered launches global video banking push
Payments

Standard Chartered launches global video banking push

21 July 2016  |  10734 views  |  0 comments | 6 tweets | 15 linkedin

UK bank Standard Chartered is planning to roll out its video banking service to more than five million users across Asia, Africa and the Middle East.

Lloyds Bank launches mentoring service for fintechs
Retail banking

Lloyds Bank launches mentoring service for fintechs

18 July 2016  |  7585 views  |  0 comments | 15 tweets | 8 linkedin

Lloyds Banking Group has become the latest UK high street bank to launch a mentoring service for fintech startups.

Fintech's success raise questions about EU's crowdfunding limits
Retail banking

Fintech's success raise questions about EU's crowdfunding limits

07 June 2016  |  8704 views  |  0 comments | 27 tweets | 12 linkedin

A fintech startup aimed at teaching children how to manage their pocket money has become the most highly funded crowdfunded fintech startup in Britain after raising just under £4m in a matter of weeks.

Token launches payment network for PSD2 compliance
Payments

Token launches payment network for PSD2 compliance

07 June 2016  |  9332 views  |  0 comments | 15 tweets | 17 linkedin

A new payment network is aiming to help banks turn compliance with the latest payment services directive into a money-spinning exercise.

MyBank completes pilot transaction for digital ID service
Security

MyBank completes pilot transaction for digital ID service

07 June 2016  |  7690 views  |  0 comments | 11 tweets | 17 linkedin

A digital authentication service has completed its first transaction at the EBAday event in Milan.

Europeans ready to quit banks over out-of-date technology
Blockchain

Europeans ready to quit banks over out-of-date technology

04 May 2016  |  13053 views  |  0 comments | 44 tweets | 56 linkedin

As they increasingly bank online and through their mobiles, many Europeans say that they would leave providers that do not offer up-to-date technology, a survey from Fujitsu shows.

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