25 February 2017
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Singapore's MAS sets up data analytics group
Risk & regulation

Singapore's MAS sets up data analytics group

14 February 2017  |  4626 views  |  0 comments | 7 tweets | 12 linkedin

The Monetary Authority of Singapore (MAS) continues its relentless march towards the digital future through the creation of a data analytics group.

DNB spins off Vipps mobile payment service
Payments

DNB spins off Vipps mobile payment service

13 February 2017  |  5600 views  |  0 comments | 7 tweets | 9 linkedin

More than 100 Norwegian banks are to take a stake in the Vipps P2P mobile payment app developed by DNB in a bid to block competition from rival Nordic platforms and the likes of Facebook, Google and Apple.

USAA opens new design studio
Mobile & online

USAA opens new design studio

13 February 2017  |  4161 views  |  0 comments | 7 tweets | 4 linkedin

US military bank USAA is to locate 120 staffers at a new design studio in Austin, Texas, to focus on ways to improve the user experience of customers and staff using digital channels.

Polish bank malware targets IP addresses in 31 countries - Symantec
Risk & regulation

Polish bank malware targets IP addresses in 31 countries - Symantec

13 February 2017  |  6211 views  |  0 comments | 14 tweets | 10 linkedin

Hackers who succeeded it penetrating the Websites of several Polish banks last week appear to be behind a wave of malware attacks that have targeted banks in 31 countries since the end of last year.

Royal Bank of Scotland opens Edinburgh HQ to fintech startups
Retail banking

Royal Bank of Scotland opens Edinburgh HQ to fintech startups

13 February 2017  |  6876 views  |  0 comments | 14 tweets | 6 linkedin

Royal Bank of Scotland is to open a fintech accelerator and relationship hub for startups at its Gogarburn headquarters in Edinburgh.

Australian banks fight back over Apple Pay 'fantasy' claims
Cards

Australian banks fight back over Apple Pay 'fantasy' claims

13 February 2017  |  5979 views  |  3 comments | 8 tweets | 11 linkedin

The group of Australian banks fighting it out with Apple over the introduction of the consumer electronics giant's mobile payment system have narrowed down their complaint to the Australian Competition and Consumer Commission (ACCC) to focus solely on open access to the NFC function on iPhones.

Bank of Canada DLT experiment raises PFMI questions
Blockchain

Bank of Canada DLT experiment raises PFMI questions

13 February 2017  |  6877 views  |  0 comments | 6 tweets | 10 linkedin

The Bank of Canada's experimental effort to build a wholesale payment system using a DLT-based settlement asset has thrown up concerns about whether the technology can meet international standards for systemically important payments infrastructure.

Wells Fargo refines innovation effort; zones in on payments, AI and APIs
Payments

Wells Fargo refines innovation effort; zones in on payments, AI and APIs

10 February 2017  |  8521 views  |  1 comments | 10 tweets | 22 linkedin

Wells Fargo is putting the finishing touches to its innovation programme, creating new divisions to focus on emerging opportunities in payments, artificial intelligence and APIs.

BofE turns to accelerator member Anomali to tackle cyber threats
Retail banking

BofE turns to accelerator member Anomali to tackle cyber threats

10 February 2017  |  4956 views  |  0 comments | 4 tweets | 5 linkedin

The Bank of England's new fintech accelerator is already bearing fruit. Following a successful proof-of-concept, one of the participants, Anomali, has been enlisted to help the bank monitor and mitigate cyber threats.

Russia arrests malware gang suspects
Security

Russia arrests malware gang suspects

10 February 2017  |  4893 views  |  0 comments | 6 tweets | 7 linkedin

Russian police have arrested nine people accused of participation in a massive criminal gang which used malware to steal millions of dollars from financial institutions.

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