24 July 2016
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BBVA explains scrum culture initiative
Retail banking

BBVA explains scrum culture initiative

01 July 2016  |  9971 views  |  0 comments | 18 tweets | 30 linkedin

BBVA’s transformation process involves the creation of a "new corporate culture", says the Spanish bank in a deep-dive blog post explaining its adoption of novel ways of working based on agile methodologies

Nearly half of North Americans open to robo-advice
Security

Nearly half of North Americans open to robo-advice

01 July 2016  |  6940 views  |  0 comments | 21 tweets | 14 linkedin

Nearly half of North American bank customers are open to ditching human expertise for automated, computer-generated advice and services, according to a survey from Accenture.

Merchants score victory over Visa and MasterCard as court tosses $7.25bn interchange settlement
Cards

Merchants score victory over Visa and MasterCard as court tosses $7.25bn interchange settlement

30 June 2016  |  6440 views  |  1 comments | 4 tweets | 11 linkedin

In a win for merchants, a US federal appeals court has killed off a $7.25 billion class action settlement over interchange fees between millions of retailers and Visa and MasterCard.

JPMorgan embraces fintech startups through 'in-residence' programme
Wholesale banking

JPMorgan embraces fintech startups through 'in-residence' programme

30 June 2016  |  8954 views  |  0 comments | 25 tweets | 12 linkedin

Eschewing the usual accelerator route, JPMorgan is setting up an 'in-residence' programme for fintech startups, inviting them to spend six months side-by-side with the banking giant working together on digital answers to the industry's most pressing questions.

Visa sues Walmart over Chip and PIN policy
Payments

Visa sues Walmart over Chip and PIN policy

30 June 2016  |  5432 views  |  0 comments | 3 tweets | 5 linkedin

The strained relationship between Visa and Walmart is reaching breaking point as the card scheme files a lawsuit against the supermarket chain for allegedly reneging on an agreement to allow the use of signature verification alongside Chip and PIN for transactions at the till.

Credit Mutuel Arkea applies blockchain tech to verify customer IDs
Wholesale banking

Credit Mutuel Arkea applies blockchain tech to verify customer IDs

30 June 2016  |  6699 views  |  1 comments | 13 tweets | 16 linkedin

Credit Mutuel Arkea has completed a pilot of an operational permissioned blockchain network to verify customer bona fides in compliance with Know Your Customer (KYC) requirements.

Credit Suisse takes private banking into the digital age
Wholesale banking

Credit Suisse takes private banking into the digital age

30 June 2016  |  6056 views  |  0 comments | 11 tweets | 17 linkedin

Fifteen months on the from the initial roll out of its digital private banking platform in Singapore, Swiss bank Credit Suisse is launching an upgraded version for high net worth clients in Hong Kong.

Nordea sets up Group Digital Unit
Retail banking

Nordea sets up Group Digital Unit

30 June 2016  |  6208 views  |  0 comments | 5 tweets | 4 linkedin

Nordea has established a new Group Digital Unit to oversee its wide-ranging tech transformation programme.

Danish midsize banks move in on mobile payments
Retail banking

Danish midsize banks move in on mobile payments

30 June 2016  |  4873 views  |  0 comments | 7 tweets | 7 linkedin

Danish local and regional banks have banded together to launch a national HCE mobile wallet.

Lloyds axes IT staff, closes 23 branches
Mobile & online

Lloyds axes IT staff, closes 23 branches

29 June 2016  |  4353 views  |  1 comments | 10 tweets | 9 linkedin

Lloyds Banking Group is shutting 23 branches later this year and cutting around 640 jobs, many of them in technology operations.

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