21 October 2017
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Zopa bids to attract more borrowers with Saffron Building Society tie-up
Payments

Zopa bids to attract more borrowers with Saffron Building Society tie-up

02 October 2017  |  3365 views  |  0 comments | 5 tweets | 4 linkedin

P2P lender Zopa is to offer loans to customers of Saffron Building Society via 11 brick-and-mortar branches and online.

Mastercard releases Early Detection System to warn banks of at-risk cards
Cards

Mastercard releases Early Detection System to warn banks of at-risk cards

02 October 2017  |  7746 views  |  0 comments | 11 tweets | 21 linkedin

With card breaches at retailers becoming an everyday occurrence, MasterCard is arming banks with a tool that helps predict which customer accounts are most at risk of fraudulent activity following a third party compromise.

Curve partners Xero to automate expenses
Retail banking

Curve partners Xero to automate expenses

02 October 2017  |  5636 views  |  1 comments | 9 tweets | 10 linkedin

UK startup Curve is promising to kill the dreaded job of doing expenses, letting users spend from all of their accounts on one card, sending the data straight to Xero accounting software.

PSD2: Brits don't trust retailers and social media platforms with bank details
Open APIs

PSD2: Brits don't trust retailers and social media platforms with bank details

02 October 2017  |  12041 views  |  12 comments | 37 tweets | 63 linkedin

As the revised Payments Service Directive (PSD2) nears, research from Accenture suggests that banks still have a strong trust advantage over third-party providers, with a clear majority of Brits unwilling to share their financial data with the likes of retailers and social media platforms.

Hellenic Bank switches on API app store
Wholesale banking

Hellenic Bank switches on API app store

29 September 2017  |  7688 views  |  0 comments | 7 tweets | 16 linkedin

Hellenic bank has opened an app store for developers to showcase products built using the Cypriot bank's proprietary APIs.

Lloyds opens flagship Manchester branch
Mobile & online

Lloyds opens flagship Manchester branch

29 September 2017  |  5824 views  |  1 comments | 7 tweets | 18 linkedin

As it closes and shrinks thousands of branches across the UK, Lloyds has opened its first 'flagship' site, a tech-packed showcase modelled on Apple Stores.

Central banks seek better wholesale payments security
Security

Central banks seek better wholesale payments security

29 September 2017  |  5342 views  |  0 comments | 7 tweets | 6 linkedin

The Committee on Payments and Market Infrastructures (CPMI) has set out a plan to improve the security of wholesale payments that involve financial institutions in a bid to prevent a repeat of last year's $81 million Bangladesh Bank hack.

Hong Kong prepares for a new era of 'smart banking'
Mobile & online

Hong Kong prepares for a new era of 'smart banking'

29 September 2017  |  8542 views  |  0 comments | 11 tweets | 25 linkedin

The governor of Hong Kong's central bank has spelled out a series of up-and-coming reforms - from the introduction of faster payments to open API standards - intended to prepare the territory for a revolution in retail banking services.

Dubai Economy preps digital currency
Blockchain

Dubai Economy preps digital currency

29 September 2017  |  7486 views  |  0 comments | 13 tweets | 15 linkedin

Government-backed development agency Dubai Economy has signed an MoU with UK-based smart ID firm Objet Tech to help create and implement emCash, an encrypted digital currency, which people will be able use to pay for various government and non-government services.

Stockpile raises $30 million for fractional stock trading app
Mobile & online

Stockpile raises $30 million for fractional stock trading app

29 September 2017  |  3429 views  |  0 comments | 4 tweets | 1 linkedin

Millennial-focused fractional share trading app Stockpile has raised $30 million in Series B funding led by Fidelity backed Eight Roads Ventures.

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