28 July 2016
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Apps crush internet for UK banking logins
Mobile & online

Apps crush internet for UK banking logins

22 July 2016  |  8377 views  |  6 comments | 19 tweets | 25 linkedin

The number of internet banking logins made by Brits each day fell last year, as customers continued to migrate to apps, BBA research shows.

Rivals Visa and PayPal set out on 'new path'
Cards

Rivals Visa and PayPal set out on 'new path'

21 July 2016  |  4886 views  |  2 comments | 8 tweets | 17 linkedin

PayPal has agreed to make it easier for customers to pay with their Visa cards in exchange for long-term "fee certainty" from the card scheme.

Barclays enlists Samsung for internal hackathon
Security

Barclays enlists Samsung for internal hackathon

21 July 2016  |  5166 views  |  0 comments | 3 tweets | 12 linkedin

Barclays has teamed up with Samsung on an internal hackathon in which the bank's staffers work to build mobile services that tap the electronics giant's security technology.

MasterCard agrees £700m VocaLink acquisition
Mobile & online

MasterCard agrees £700m VocaLink acquisition

21 July 2016  |  9502 views  |  14 comments | 33 tweets | 38 linkedin

MasterCard has agreed to pay about £700 million to buy 92.4% of VocaLink, the bank-owned operator of the UK's Faster Payments system and Zapp mobile service.

UK banks accuse challengers for not offering fee-free accounts
Financial inclusion

UK banks accuse challengers for not offering fee-free accounts

21 July 2016  |  4395 views  |  4 comments | 10 tweets | 9 linkedin

The UK's largest retail banks have called on the government to compel smaller, challenger banks to share the cost of financial inclusion by also offering loss-leading fee-free banking accounts.

N26 granted German banking licence
Mobile & online

N26 granted German banking licence

21 July 2016  |  3732 views  |  0 comments | 8 tweets | 12 linkedin

N26, the Berlin-based challenger bank formerly known as Number26, has been awarded a full banking licence in Germany, aiding its push to expand its mobile banking service across Europe.

Standard Chartered launches global video banking push
Cards

Standard Chartered launches global video banking push

21 July 2016  |  5474 views  |  0 comments | 6 tweets | 15 linkedin

UK bank Standard Chartered is planning to roll out its video banking service to more than five million users across Asia, Africa and the Middle East.

Thomson Reuters and Imperial College form fintech and regtech research partnership
Retail banking

Thomson Reuters and Imperial College form fintech and regtech research partnership

20 July 2016  |  6061 views  |  0 comments | 29 tweets | 16 linkedin

Thomson Reuters and Imperial College London are pooling their expertise for joint research projects into the big data challenges facing the fintech and regtech industries.

BT outage hits online bank customers
Mobile & online

BT outage hits online bank customers

20 July 2016  |  3628 views  |  0 comments | 7 tweets | 3 linkedin

Bank customers across the UK were unable to log in to their accounts this morning because of a major technical fault at internet service provider BT.

Clydesdale Bank cuts IT contractor pay
Wholesale banking

Clydesdale Bank cuts IT contractor pay

20 July 2016  |  3229 views  |  2 comments | 1 tweets | 1 linkedin

Temporary IT workers at UK-based Clydesdale Bank have agreed to a 10% pay cut in order to hold on to their jobs, according to news site ContractorUK.

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