29 May 2017
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Tandem drops 'Bank' from its name
Mobile & online

Tandem drops 'Bank' from its name

22 May 2017  |  5106 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
Retail banking

Twenty-seven arrested over ATM jackpotting attacks

22 May 2017  |  4486 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
Retail banking

Enterprise Ethereum Alliance triples in size

22 May 2017  |  6520 views  |  1 comments | 16 tweets | 18 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  |  7756 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.

Japan brings in high speed trading rules
Trade execution

Japan brings in high speed trading rules

19 May 2017  |  5053 views  |  0 comments

Japan's financial services watchdog is to introduce new rules that will require high frequency trading firms to register with the regulator and demonstrate that they have proper risk management processes in place.

Twins fool HSBC voice biometrics - BBC
Mobile & online

Twins fool HSBC voice biometrics - BBC

19 May 2017  |  9892 views  |  4 comments | 21 tweets | 24 linkedin

Voice recognition software launched last year by HSBC in order to speed up access for phone banking customers has been successfully bypassed by a BBC reporter and his non-identical twin brother.

UK SMEs missing out on £1.6bn by not accepting 'next gen' payments
Retail banking

UK SMEs missing out on £1.6bn by not accepting 'next gen' payments

19 May 2017  |  7552 views  |  0 comments | 25 tweets | 19 linkedin

Small and medium sized enterprises are missing out on an estimated £1.6 billion by not accepting next generation payments technology such as one-click ordering and 'conversational' transactions, according to research from Barclaycard.

Banks must get on AI bandwagon now – new Finextra research
Security

Banks must get on AI bandwagon now – new Finextra research

19 May 2017  |  10850 views  |  0 comments | 22 tweets | 32 linkedin

Big data, faster processing and cheap storage make it possible to turn the vision of AI in banking, developed over decades, into reality – today. The technology will only improve, and not engaging now would be to run the risk of falling behind never to catch up, finds a new Finextra research paper.

BBVA brings info and payments to social and messaging networks
Payments

BBVA brings info and payments to social and messaging networks

19 May 2017  |  7030 views  |  0 comments | 11 tweets | 18 linkedin

BBVA is embedding more deeply with social and messaging networks through a new bot that lets Spanish customers access financial information via Facebook and Telegram, and a tool for making payments from Whatsapp.

Google and PayPal partner for mobile shopping by fingerprint
Retail banking

Google and PayPal partner for mobile shopping by fingerprint

18 May 2017  |  10119 views  |  0 comments | 28 tweets | 30 linkedin

Android Pay users that have linked their PayPal accounts will soon be able to pay for goods when mobile shopping using the Chrome browser with just just a touch of their fingerprint.

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