06 December 2016
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ING pulls plug on P2P payments app Twyp
Mobile & online

ING pulls plug on P2P payments app Twyp

29 November 2016  |  5742 views  |  1 comments | 16 tweets | 15 linkedin

ING is to discontinue its P2P mobile payments app Twyp in the Netherlands after it failed to gain traction with customers.

Deutsche Bundesbank and Deutsche Börse test blockchain tech for securities settlement
Post-trade & ops

Deutsche Bundesbank and Deutsche Börse test blockchain tech for securities settlement

28 November 2016  |  5562 views  |  0 comments | 14 tweets | 23 linkedin

Germany's central bank has teamed up with exchange operator Deutsche Börse to develop a functional prototype for blockchain technology-based settlement of securities.

UK challenger bank Masthaven opens for business
Start ups

UK challenger bank Masthaven opens for business

28 November 2016  |  5892 views  |  0 comments | 15 tweets | 13 linkedin

Online-only Masthaven bank is promising an alternative to the one-size fits all approach of conventional banks as it opens its doors to customers in the UK.

Barclays integrates online banking and investing accounts
Retail banking

Barclays integrates online banking and investing accounts

28 November 2016  |  4782 views  |  0 comments | 4 tweets | 10 linkedin

Barclays has launched a new online direct investing service designed to help customers create a personalised financial plan and work towards their goals with the support of a range of tools and content.

EBA told that tougher authentication will have a "chilling" effect on single market
Cards

EBA told that tougher authentication will have a "chilling" effect on single market

28 November 2016  |  5748 views  |  5 comments | 18 tweets | 21 linkedin

A cross-industry letter signed by 39 European and national organisations in the payments value chain has hit out at European Banking Authority (EBA) plans to toughen up authentication rules for online transactions under the revised Payments Service Directive (PSD2).

Commercial Bank of Dubai to launch digital-only bank
Retail banking

Commercial Bank of Dubai to launch digital-only bank

28 November 2016  |  4021 views  |  0 comments | 10 tweets | 8 linkedin

Commercial Bank of Dubai is to launch a digital-only bank, dubbed CBD NOW, targeting millennials and tech-savvy customers in the UAE.

SOFE Berlin: Cyber security worries dominate closing debate
Payments

SOFE Berlin: Cyber security worries dominate closing debate

25 November 2016  |  6393 views  |  0 comments | 3 tweets | 9 linkedin

Swift's European operations forum in Berlin ended where it began, with a high-powered debate on the ability of the world's banks to combat an escalating cyber threat.

Stripe raises $150m at $9.2bn valuation
Mobile & online

Stripe raises $150m at $9.2bn valuation

25 November 2016  |  8001 views  |  2 comments | 16 tweets | 11 linkedin

Digital Payments outfit Stripe has raised $150 million in a Series D funding round which values America's top fintech dog at more than $9 billion.

Nasdaq asks SEC for speed bump to protect retail traders
Risk & regulation

Nasdaq asks SEC for speed bump to protect retail traders

25 November 2016  |  3590 views  |  0 comments | 5 tweets | 8 linkedin

The US-based exchange has applied to the Securities and Exchanges Commission (SEC) for an extended life priority order attribute, or speed bump, in an effort to level the playing field for long-term retail traders who feel they have been losing out to high speed frequency traders, reports the Financial Times.

A third of London's City workers could face relocation in wake of Brexit - survey
Risk & regulation

A third of London's City workers could face relocation in wake of Brexit - survey

25 November 2016  |  5676 views  |  0 comments

Almost one in three workers in London face an uncertain future over their employer's plans to relocate the business.

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