26 July 2016
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Arrests made in Taiwan ATM swindle
Risk & regulation

Arrests made in Taiwan ATM swindle

18 July 2016  |  2717 views  |  0 comments | 3 tweets | 2 linkedin

Police in Taiwan have arrested three of the 16 men allegedly responsible for stealing more than $2.5m from ATMs earlier this month.

Lloyds Bank launches mentoring service for fintechs
Payments

Lloyds Bank launches mentoring service for fintechs

18 July 2016  |  4977 views  |  0 comments | 15 tweets | 8 linkedin

Lloyds Banking Group has become the latest UK high street bank to launch a mentoring service for fintech startups.

UK P2P lender MarketInvoice raises £7.2m
Start ups

UK P2P lender MarketInvoice raises £7.2m

18 July 2016  |  3908 views  |  0 comments | 8 tweets | 4 linkedin

MarketInvoice, a UK-based P2P lender has secured more than £7m in its latest round of fundraising, defying the economic uncertainty around startups following the UK's controversial vote to leave the European Union.

Canadian telco-led NFC m-payments service suretap folds
Payments

Canadian telco-led NFC m-payments service suretap folds

18 July 2016  |  4476 views  |  5 comments | 9 tweets | 9 linkedin

Canada's suretap has become the latest telco-led mobile wallet venture to go to the wall, with the outfit deciding that it cannot compete in an increasingly crowded field.

Inadequate response to blockchain threat leaves banks exposed says Bain
Wholesale banking

Inadequate response to blockchain threat leaves banks exposed says Bain

15 July 2016  |  9168 views  |  0 comments | 23 tweets | 13 linkedin

The leaden response of banks to the threats posed by distributed ledger technology leaves the industry exposed to a $150 billion revenue shortfall unless they can up their game, according to an analysis by Bain.

House of Lords asks BofE deputy governor: Time for 'Britcoin'?
Blockchain

House of Lords asks BofE deputy governor: Time for 'Britcoin'?

15 July 2016  |  5478 views  |  0 comments | 12 tweets | 6 linkedin

Once the preserve of anarcho-libertarians, digital currencies and their underlying distributed ledger technology (DLT) are making their way onto the agenda at the heart of the British establishment as the House of Lords prepares to hear from a top Bank of England official about the prospects for a 'Britcoin'.

The new way to pay: Contactless fingernails
Retail banking

The new way to pay: Contactless fingernails

15 July 2016  |  8233 views  |  3 comments | 26 tweets | 27 linkedin

Forget Apple Pay, the cool new way to get around on London's Underground is to tap your contactless fingernails.

Cringle piggy-backs off solarisBank to launch Europe-wide P2P payments
Payments

Cringle piggy-backs off solarisBank to launch Europe-wide P2P payments

15 July 2016  |  4325 views  |  0 comments | 9 tweets | 4 linkedin

Berlin-based mobile payments startup Cringle is using the banking license and Sepa Access API of compatriot solarisbank to launch its P2P payments platform across the Euro zone.

Russian online bank speaks to SMEs via Facebook Messenger
Retail banking

Russian online bank speaks to SMEs via Facebook Messenger

15 July 2016  |  4885 views  |  1 comments | 9 tweets | 8 linkedin

Tochka, an online bank for Russian SMEs has hooked up with Facebook Messenger as a new customer communications channel.

Semble switches off mobile payments
Retail banking

Semble switches off mobile payments

15 July 2016  |  3888 views  |  3 comments | 6 tweets | 4 linkedin

Semble, a mobile payments joint venture launched by some of New Zealand's biggest banks and telcos last year, is shutting down its wallet app and changing business focus.

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