25 August 2016
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Teenager avoids conviction for CommBank DDoS attack
Mobile & online

Teenager avoids conviction for CommBank DDoS attack

19 August 2016  |  6016 views  |  0 comments | 2 tweets | 3 linkedin

A teenage hacker who knocked out Commonwealth Bank of Australia's online services as part of a cyber-campaign against a host of websites has avoided conviction.

Police arrest Sage staffer over data breach
Security

Police arrest Sage staffer over data breach

18 August 2016  |  4061 views  |  0 comments | 8 tweets | 2 linkedin

Police have arrested a Sage employee in connection with a data breach at the accounting and payroll software provider that may have compromised the bank account details of employees at 230 UK companies.

Rakuten establishes blockchain lab in Belfast
Blockchain

Rakuten establishes blockchain lab in Belfast

18 August 2016  |  4668 views  |  0 comments | 4 tweets | 7 linkedin

Japanese e-commerce giant Rakuten is to open a blockchain development lab in Belfast to cater for its expanding portfolio of investments in the fintech arena.

Swift forms High Value Payments taskforce for ISO 20022
Wholesale banking

Swift forms High Value Payments taskforce for ISO 20022

18 August 2016  |  4486 views  |  0 comments | 9 tweets | 16 linkedin

Swift is to push the gospel of global interoperability for the ISO 20022 messaging standard to the very top of the payments food chain with the formation of a High Value Payment taskforce comprised of global banks and major market infrastructure providers.

Ingenico provides gateway to Europe for Alipay
Mobile & online

Ingenico provides gateway to Europe for Alipay

18 August 2016  |  5029 views  |  0 comments | 10 tweets | 9 linkedin

Ingenico is to provide a beachhead to European merchants for Chinese powerhouse Alipay, embedding the popular mobile app into its instore payments gateway.

German bank bids to unleash innovation with tech-packed 'playroom'
Retail banking

German bank bids to unleash innovation with tech-packed 'playroom'

18 August 2016  |  4823 views  |  0 comments | 14 tweets | 7 linkedin

German cooperative bank Volksbank eG Schwarzwald Baar Hegau has become the first client to install NCR's new 'innovation experience room', a space packed with the latest technology, such as virtual reality headsets and drones, that is designed to help build digital literacy among employees and customers.

Nykredit invests in Lunar Way; Danish neobank to launch in Sweden and Norway
Retail banking

Nykredit invests in Lunar Way; Danish neobank to launch in Sweden and Norway

18 August 2016  |  3416 views  |  0 comments | 6 tweets | 2 linkedin

Danish neobank Lunar Way has signed deals with major banking partners in its home country and neighbours Sweden and Norway as it prepares to expand across the Nordics.

Euronext to buy 20% stake in EuroCCP
Post-trade & ops

Euronext to buy 20% stake in EuroCCP

17 August 2016  |  2494 views  |  0 comments | 1 tweets | 1 linkedin

European exchange group Euronext has agreed to pay around EUR14 million for a 20% stake in central counterparty EuroCCP.

Transaction confidentiality tops blockchain security concern for banks
Wholesale banking

Transaction confidentiality tops blockchain security concern for banks

17 August 2016  |  4560 views  |  0 comments | 14 tweets | 12 linkedin

Financial services firms are still concerned about distributed ledger technology security, with transaction confidentiality a particular worry, according to a new report from Greenwich Associates.

Rise of the bots: DBS to put virtual assistant in Facebook Messenger
Payments

Rise of the bots: DBS to put virtual assistant in Facebook Messenger

17 August 2016  |  5203 views  |  0 comments | 11 tweets | 12 linkedin

Singapore's DBS is rolling out conversational AI technology that will allow customers to manage their money and make payments in Facebook Messenger and WhatsApp.

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