05 December 2016
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Citi Ventures gets new boss
Wholesale banking

Citi Ventures gets new boss

30 November 2016  |  3242 views  |  0 comments | 4 tweets | 1 linkedin

Citi has named Vanessa Colella chief innovation officer and CEO of its venture capital arm, replacing Debby Hopkins, who is retiring, according to Reuters.

Amex brings NFC mobile payments to Canada
Payments

Amex brings NFC mobile payments to Canada

30 November 2016  |  4325 views  |  0 comments | 8 tweets | 12 linkedin

American Express is bringing contactless mobile payments to Canadian cardholders with Android devices.

Amazon signs up tech firms to financial services cloud programme
Wholesale banking

Amazon signs up tech firms to financial services cloud programme

30 November 2016  |  5798 views  |  0 comments | 14 tweets | 15 linkedin

Amazon Web Services (AWS) has named a host of tech firms - including Accenture, Nice Systems and Moven - as launch partners for its new financial services competency programme, which is designed to connect cloud customers with trusted tech experts.

Bank CEOs fret about ROI as startups drive IT arms race
Wholesale banking

Bank CEOs fret about ROI as startups drive IT arms race

30 November 2016  |  5968 views  |  0 comments | 16 tweets | 21 linkedin

Bank of America chief Brian Moynihan says the arrival of real-time payments combined with advances by cherry-picking fintech startups threatens to derail long-held assumptions about bank ROI levels from technology spending.

JPX to form Japanese blockchain consortium
Blockchain

JPX to form Japanese blockchain consortium

30 November 2016  |  4960 views  |  0 comments | 10 tweets | 4 linkedin

Japan Exchange Group is to form a consortium of financial institutions to run trials of the use of blockchain technology in capital markets infrastructures.

Euronet earnings hit by Indian cash supply shortage
Payments

Euronet earnings hit by Indian cash supply shortage

30 November 2016  |  2206 views  |  1 comments | 4 tweets | 4 linkedin

The Indian Government's actions to remove Rs500 and Rs1000 banknotes from circulation has hit earnings forecasts for ATM operator Euronet Worldwide, which has issued revised fourth quarter guidance.

EPC: Pan-European instant payments set for November 2017
Mobile & online

EPC: Pan-European instant payments set for November 2017

30 November 2016  |  5247 views  |  2 comments | 19 tweets | 30 linkedin

The European Payments Council has confirmed a November 2017 launch date for a pan-European instant credit transfer scheme that will bring real-time money transfers across the Single Euro Payments Area (Sepa).

MasterCard applies AI to combat false declines
Cards

MasterCard applies AI to combat false declines

30 November 2016  |  4773 views  |  0 comments | 18 tweets | 15 linkedin

MasterCard is adding artificial intelligence as a core component to its network in an effort to provide better risk scoring across all transactions and cut the number of false declines.

BNP Paribas takes stake in accelerator graduate PayCar
Start ups

BNP Paribas takes stake in accelerator graduate PayCar

30 November 2016  |  3990 views  |  0 comments | 4 tweets | 5 linkedin

BNP Paribas is participating in a EUR1.3 million funding round for PayCar, a fintech startup for purchasing second-hand cars that emerged from the French bank's accelerator and incubation unit L'Atelier.

Veggies beef with BofE over animal fat in new plastic fiver
Retail banking

Veggies beef with BofE over animal fat in new plastic fiver

29 November 2016  |  3077 views  |  1 comments | 3 tweets | 2 linkedin

Vegetarians and vegans are up in arms after the Bank of England confirmed that its new plastic £5 note contains traces of animal fat.

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