21 January 2017
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Hungary presses the button on instant payments
Wholesale banking

Hungary presses the button on instant payments

21 December 2016  |  11013 views  |  0 comments | 16 tweets | 16 linkedin

The National Bank of Hungary is drawing up plans to introduce an instant money transfer framework for domestic payments by 2019.

Hole-in-the-wall gang get 43-year jail stretch
Payments

Hole-in-the-wall gang get 43-year jail stretch

21 December 2016  |  8548 views  |  0 comments | 4 tweets | 5 linkedin

Four men who caused a series of explosions and fires at cash machines have been jailed for a combined total of more than 43 years.

MetLife opens virtual reality channel
Retail banking

MetLife opens virtual reality channel

21 December 2016  |  8560 views  |  0 comments | 10 tweets | 5 linkedin

MetLife in India has launched a new customer service platform available only through a virtual reality headset.

UK watchdog calls on Diebold Nixdorf to address competition concerns
Cards

UK watchdog calls on Diebold Nixdorf to address competition concerns

20 December 2016  |  8091 views  |  2 comments

Anti-trust watchdog the CMA has suggested a number of remedies to counteract a reduction in competition for the supply of cashpoints in the UK in the wake of the $1.8 billion merger between Diebold and Wincor Nixdorf.

Big banks prepare $20 million funding round for Axoni - Reuters
Start ups

Big banks prepare $20 million funding round for Axoni - Reuters

20 December 2016  |  10896 views  |  0 comments | 8 tweets | 4 linkedin

Goldman Sachs, JPMorgan and Icap are among a clutch of major financial institutions preparing to invest up to $20 million in blockchain startup Axoni, according to a report by Reuters.

CommBank IT man jailed over bribery charges
Retail banking

CommBank IT man jailed over bribery charges

20 December 2016  |  7226 views  |  0 comments | 2 tweets | 2 linkedin

A former CommBank IT executive who pleaded guilty to taking bribes in a cash for contracts scandal has received a three-and-a-half year jail sentence from Australian courts.

Lloyds agrees £1.9 billion MBNA takeover
Payments

Lloyds agrees £1.9 billion MBNA takeover

20 December 2016  |  10266 views  |  0 comments | 9 tweets | 16 linkedin

Lloyds Banking Group is to pay £1.9 billion for the acquisition of credit card outfit MBNA from Bank of America.

Euronext enters exclusive talks over acquisition of LCH.Clearnet SA
Wholesale banking

Euronext enters exclusive talks over acquisition of LCH.Clearnet SA

20 December 2016  |  7589 views  |  0 comments | 4 linkedin

Euronext has entered exclusive talks over the acquisition of the French operations of LCH.Clearnet pending the successful closing of the merger between the London Stock Exchange and Deutsche Bourse.

Lloyds partners startups peddling bill payments tech and AI virtual assistants
Payments

Lloyds partners startups peddling bill payments tech and AI virtual assistants

20 December 2016  |  9522 views  |  0 comments | 13 tweets | 10 linkedin

Lloyds Banking Group is to test-drive technology presented by two of the ten companies participating in this year's Startupbootcamp demo day in London.

Euroclear pencils in 2017 for bullion on blockchain roll out
Wholesale banking

Euroclear pencils in 2017 for bullion on blockchain roll out

19 December 2016  |  15307 views  |  0 comments | 18 tweets | 11 linkedin

Euroclear is set for a 2017 go-live for the application of blockchain technology in the London bullion market after completing its first pilot trades.

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