20 November 2017
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Brexit uncertainty causing skills gap say UK tech leaders
Retail banking

Brexit uncertainty causing skills gap say UK tech leaders

16 November 2017  |  4201 views  |  0 comments | 10 tweets | 4 linkedin

The ongoing uncertainty around freedom of movement post-Brexit is affecting the recruitment of technology talent and causing concern among UK tech entrepreneurs about a possible skills shortage.

Ripple and R3 trade blows in legal dispute
Payments

Ripple and R3 trade blows in legal dispute

11 September 2017  |  10742 views  |  1 comments | 4 tweets | 5 linkedin

Blockchain startups Ripple and R3 are going to court to resolve a dispute over the unilateral termination by Ripple of an options contract on its XRP digital currency unit held by R3.

Square applies for bank status
Payments

Square applies for bank status

07 September 2017  |  20643 views  |  4 comments | 40 tweets | 32 linkedin

Square, the fintech startup headed by Twitter founder Jack Dorsey, has made an official application in the US for a banking license, ending months of speculation about its plans but also reigniting the argument about the use of industrial loans charters (ILCs).

Intel granted review into its €1bn EU fine
Risk & regulation

Intel granted review into its €1bn EU fine

07 September 2017  |  6203 views  |  0 comments

Chip processor Intel has taken a significant step towards overturning a €1bn fine imposed by the European Commission (EC) after it won the right to a review.

New EC rules could enable banks to increase their software spending
Start ups

New EC rules could enable banks to increase their software spending

06 September 2017  |  12571 views  |  0 comments | 11 tweets | 21 linkedin

European banks under siege from digital challengers and sophisticated cyber attackers could face some relief from a possible change in accounting rules that will enable them to spend more on new software.

China's central bank issues instant ban on initial coin offerings
Start ups

China's central bank issues instant ban on initial coin offerings

04 September 2017  |  15959 views  |  1 comments

The People's Bank of China (PBoC) has announced an immediate ban on initial coin offerings (ICOs)declaring them illegal and a threat to financial stability.

JPMorgan criticised over mobile app patent award
Risk & regulation

JPMorgan criticised over mobile app patent award

01 September 2017  |  12701 views  |  1 comments | 11 tweets | 5 linkedin

JPMorgan Chase, the biggest bank in the US, has been awarded a patent for the technology that allows mobile applications that talk to each other, attracting criticism from the tech and intellectual property community that believe the process is so commonplace in today's smartphones that no single company, least of all a bank, can lay claim to the patent.

Briton extradited from Germany over bank cyberattacks
Security

Briton extradited from Germany over bank cyberattacks

31 August 2017  |  9414 views  |  0 comments

Daniel Kaye, a 29 year old from Surrey, has been extradited from Germany to face allegations that he was responsible for a series of cyberattacks against two UK high street banks - Lloyds and Barclays.

Australia regulates digital currencies
Risk & regulation

Australia regulates digital currencies

18 August 2017  |  17693 views  |  0 comments | 21 tweets | 35 linkedin

The Australian government has announced plans to strengthen its anti-money laundering rules with new reforms that will include digital currencies for the first time.

Permission to appeal sought in £14bn Mastercard class action suit
Retail banking

Permission to appeal sought in £14bn Mastercard class action suit

14 August 2017  |  9111 views  |  0 comments | 3 linkedin

Walter Merricks, the man spearheading a £14 billion class action lawsuit against Mastercard for overcharging customers, has lodged an appeal against a tribunal's decision to dismiss the claim.

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