26 May 2017
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Bank/fintech collaboration can take transaction banking to new heights
Wholesale banking

Bank/fintech collaboration can take transaction banking to new heights

23 May 2017  |  7204 views  |  1 comments | 12 tweets | 24 linkedin

With banks and emerging technology companies bringing a raft of new innovations and business models to the industry, Claudio Camozzo and Jan Kupfer, global co-heads of Global Transaction Banking at UniCredit, argue that bank-fintech collaboration alongside a customer-focused approach is essential to seize – and maximise – the opportunities at hand.

Financial Stability Board weighs in on fintech credit markets
Wholesale banking

Financial Stability Board weighs in on fintech credit markets

23 May 2017  |  4226 views  |  0 comments | 4 tweets | 10 linkedin

Global regulatory bodies are calling for increased scrutiny of credit offerings from fintech-based alternatives to traditional banks.

JPMorgan taps Zcash privacy feature for blockchain platform
Blockchain

JPMorgan taps Zcash privacy feature for blockchain platform

22 May 2017  |  4592 views  |  0 comments | 5 tweets | 5 linkedin

JPMorgan is to use technology from the company behind the Zcash digital currency to add a new layer of privacy protection to users of its enterprise-grade Quorum blockchain platform.

Barclays tightens e-mail security following executive lapse
Security

Barclays tightens e-mail security following executive lapse

22 May 2017  |  5221 views  |  0 comments | 2 tweets | 6 linkedin

Barclays Bank has reportedly beefed up e-mail security after a prankster impersonating the bank's chairman John McFarlane duped embattled CEO Jes Staley into a cringe-worthy exchange of views which showered praise on the top boss for his continued support.

Citi and Nasdaq run blockchain-based settlement for private securities
Transaction banking

Citi and Nasdaq run blockchain-based settlement for private securities

22 May 2017  |  5322 views  |  1 comments | 9 tweets | 14 linkedin

Citi is providing financial resolution for secondary market transactions conducted over Nasdaq's Linq Platform, using distributed ledger technology from Chain to address the challenges of liquidity in private securities by streamlining payment transactions between multiple parties.

European Commission calls on EBA to rethink screen scraping ban
Retail banking

European Commission calls on EBA to rethink screen scraping ban

22 May 2017  |  4308 views  |  0 comments | 14 tweets | 19 linkedin

The EU's financial service head Vladis Dombrovskis is calling on the European Banking Authority to revisit its proposed ban on 'screen scraping' under the revised Payments Services Directive (PSD2).

Tandem drops 'Bank' from its name
Mobile & online

Tandem drops 'Bank' from its name

22 May 2017  |  4445 views  |  0 comments | 7 tweets | 7 linkedin

Tandem appears to be pivoting from its original mission to launch a new app-driven saving bank in the UK, changing its name at Companies House from Tandem Bank Limited to Tandem Money Limited.

Twenty-seven arrested over ATM jackpotting attacks
Payments

Twenty-seven arrested over ATM jackpotting attacks

22 May 2017  |  4083 views  |  0 comments | 5 tweets | 6 linkedin

Police forces across Europe have arrested 27 individuals linked with so-called ATM 'Black Box' attacks, in which criminals connect electronic devices to a cash machine and remotely force it to spew out all of its cash.

Enterprise Ethereum Alliance triples in size
Wholesale banking

Enterprise Ethereum Alliance triples in size

22 May 2017  |  5961 views  |  1 comments | 15 tweets | 17 linkedin

Corporate support for the Enterprise Ethereum Alliance is gathering momentum, with 86 new companies adding their weight to the initiative to promote the uptake of Ethereum as the foundation for running smart contracts in Fortune 500 enterprises

Security experts struggle in search for WannaCry clues - Reuters
Retail banking

Security experts struggle in search for WannaCry clues - Reuters

19 May 2017  |  6498 views  |  0 comments | 3 tweets | 3 linkedin

Efforts by IT security researchers to get to the bottom of the recent ransomware attack have been hampered by an inability to find early traces of the so-called WannaCry strain, according to research commissioned by Reuters and conducted by security ratings firm BitSight.

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