29 July 2016
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BTMU joins $10.5 million Coinbase round
Mobile & online

BTMU joins $10.5 million Coinbase round

08 July 2016  |  3352 views  |  0 comments | 2 tweets | 7 linkedin

Bitcoin exchange and virtual wallet operator Coinbase has secured a $10.5 million investment from a group of Japanese investors, including Bank of Tokyo-Mitsubishi UFJ (BTMU), to fund its Asian expansion strategy.

UK govt tests use of distributed ledger tech to help benefit claimants track spending
Payments

UK govt tests use of distributed ledger tech to help benefit claimants track spending

08 July 2016  |  11846 views  |  0 comments | 20 tweets | 17 linkedin

The UK government is trialling the use of distributed ledger technology and a mobile app to help welfare claimants track what they are spending their benefit payments on.

PSD2: German regulator rules restriction of e-payment services by banks violates competition law
Mobile & online

PSD2: German regulator rules restriction of e-payment services by banks violates competition law

08 July 2016  |  11824 views  |  0 comments | 52 tweets | 57 linkedin

With PSD2 looming, German regulator Bundeskartellamt has ruled that the country's banking industry is violating competition law by putting up barriers that hinder competing online payments services.

Young Brits warned of social media threat as ID fraud soars
Security

Young Brits warned of social media threat as ID fraud soars

07 July 2016  |  5371 views  |  1 comments | 15 tweets | 17 linkedin

As they share ever more personal information online, young Brits are increasingly falling victim to identity fraud, figures from security outfit Cifas show.

Brit cyber-security firm Post-Quantum scores £8 million investment
Wholesale banking

Brit cyber-security firm Post-Quantum scores £8 million investment

07 July 2016  |  4359 views  |  0 comments | 6 tweets | 2 linkedin

A British cyber-security firm set up by a former JPMorgan banker has closed an £8 million Series A funding round

The vultures are circling: EU states eye up London's finance crown
Brexit

The vultures are circling: EU states eye up London's finance crown

07 July 2016  |  4678 views  |  0 comments | 11 tweets | 9 linkedin

As states across Europe eye up London's business riches and tout their EU-friendly fintech credentials, German centre-right political party Freie Demokraten is taking a cheekily direct approach, driving a giant billboard truck into the heart of the capital emblazoned with an invite for Brexit-scarred startups to move to Berlin.

North Carolina passes blockchain-friendly virtual currency law
Payments

North Carolina passes blockchain-friendly virtual currency law

07 July 2016  |  6049 views  |  0 comments | 20 tweets | 9 linkedin

After 16 months of deliberation, North Carolina has enacted a blockchain-friendly bill with the passing of the North Carolina Money Transmitter Act.

Barclaycard bPay turns watches contactless
Mobile & online

Barclaycard bPay turns watches contactless

07 July 2016  |  6364 views  |  0 comments | 11 tweets | 14 linkedin

Barclaycard is expanding its bPay contactless payments range through the introduction of a small case that can be attached to watches and fitness bands.

European mobile banking adoption surges
Retail banking

European mobile banking adoption surges

07 July 2016  |  10064 views  |  0 comments | 33 tweets | 32 linkedin

The prevalence of mobile banking in Europe is soaring, with nearly half of phone owners now managing their finances through their handsets, new research commissioned by ING suggests.

Barclays launches digital portal for armed forces personnel and veterans
Retail banking

Barclays launches digital portal for armed forces personnel and veterans

07 July 2016  |  3812 views  |  1 comments | 2 tweets | 5 linkedin

With one in 10 veterans believing that serving in the British armed forces has made it harder for them to access financial services and products, Barclays has launched a dedicated digital hub to help them find tailored products.

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