24 February 2017
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Chase preps digital mortgage platform
Mobile & online

Chase preps digital mortgage platform

16 February 2017  |  3993 views  |  0 comments | 7 tweets | 7 linkedin

Chase is gearing up to launch a digital self-service mortgage platform that lets customers track their loan applications to closing entirely online or from their mobile phones.

IBM and Visa join forces to turn billions of connected devices into points of sale
Security

IBM and Visa join forces to turn billions of connected devices into points of sale

16 February 2017  |  19685 views  |  11 comments | 56 tweets | 92 linkedin

IBM has struck a deal with Visa which will give all of Big Blue's Watson IoT platform customers access to the card giant's payment services, potentially turning billions of cars, fridges, sneakers and other connected devices into points of sale.

Wall Street big beasts go all in on OpenFin
Wholesale banking

Wall Street big beasts go all in on OpenFin

16 February 2017  |  3442 views  |  0 comments | 3 tweets | 6 linkedin

Some of Wall Street's biggest firms have participated in a $15 million financing round for capital markets software house OpenFin.

ING sets up transformation 'war room'
Wholesale banking

ING sets up transformation 'war room'

16 February 2017  |  4368 views  |  0 comments | 10 tweets | 20 linkedin

Dutch bank ING has set up a transformation 'war room' to speed up communication and decision-making and provide a global overview of its progress to becoming a digital bank.

Ripple's XRP asset boosted by BitGo linkage
Payments

Ripple's XRP asset boosted by BitGo linkage

16 February 2017  |  4137 views  |  0 comments | 2 tweets | 3 linkedin

Ripple's efforts to build an active ecosystem around its XRP digital asset has been boosted by a deal with virtual currency processor BitGo.

Kevin the bot uses blockchain to offer insurance for P2P transactions
Payments

Kevin the bot uses blockchain to offer insurance for P2P transactions

16 February 2017  |  9104 views  |  0 comments | 19 tweets | 15 linkedin

Madrid-based online reputation startup Traity has launched a chatbot that uses an "open blockchain balance sheet" to provide micro-insurance for people carrying out P2P transactions

NatWest unveils online lending platform for SMEs
Payments

NatWest unveils online lending platform for SMEs

15 February 2017  |  4629 views  |  0 comments | 6 tweets | 4 linkedin

UK bank NatWest has launched a digital platform that lets small and medium sized businesses quickly apply for and obtain unsecured loans of up to £150,000.

Nesta launches £5 million Open API challenge
Wholesale banking

Nesta launches £5 million Open API challenge

15 February 2017  |  10566 views  |  0 comments | 21 tweets | 19 linkedin

UK innovation agency Nesta has launched a £5 million prize fund to inspire the creation of new products and services using Open Banking APIs.

Bank of England unbowed by beef backlash
Payments

Bank of England unbowed by beef backlash

15 February 2017  |  2550 views  |  0 comments | 5 tweets | 1 linkedin

The Bank of England is to maintain production of polymer-based £5 and £10 notes, despite protests from vegetarians and vegans over the use of animal fat in the new plastic money.

PayPal moves into bill payments with TIO acquisition
Retail banking

PayPal moves into bill payments with TIO acquisition

15 February 2017  |  3971 views  |  0 comments | 11 tweets | 10 linkedin

PayPal is looking to steal a march on financial services firms in the underbanked bill payment space by acquiring North American processor TIO for $233 million.

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