30 September 2016
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Stripe helps marketplaces pay workers instantly
Retail banking

Stripe helps marketplaces pay workers instantly

20 September 2016  |  4940 views  |  1 comments | 8 tweets | 5 linkedin

Digital payments firm Stripe has launched Instant Payouts, a service designed for the gig economy, enabling marketplaces to pay contractors in minutes via their debit cards.

Curve raises $3m to replace the wallet with a card and app
Retail banking

Curve raises $3m to replace the wallet with a card and app

20 September 2016  |  5608 views  |  2 comments | 10 tweets | 5 linkedin

Curve, a London-based startup that lets users replace multiple cards with a single piece of plastic and a mobile app, has raised $3 million.

ASX shut down by hardware failure
Wholesale banking

ASX shut down by hardware failure

19 September 2016  |  4045 views  |  0 comments | 4 tweets | 4 linkedin

The Australian Stock Exchange was forced to close early on Monday following a day of problems caused by a hardware failure in a database used by the bourse's equities trading system.

Deutsche Bank teams up with accelerator to back fintech startups
Retail banking

Deutsche Bank teams up with accelerator to back fintech startups

19 September 2016  |  7441 views  |  0 comments | 13 tweets | 5 linkedin

Deutsche Bank is joining forces with startup accelerator Axel Springer Plug and Play to back banking and insurance startups with cash and other support.

Central banks review wholesale payments security
Payments

Central banks review wholesale payments security

19 September 2016  |  3937 views  |  0 comments | 5 tweets | 4 linkedin

In the wake of the $81 million Bangladesh Bank hack, the Committee on Payments and Market Infrastructures (CPMI) has set up a task force to look into the security of wholesale payments that involve financial institutions.

Brexit be damned: UK fintech weathering the storm
Wholesale banking

Brexit be damned: UK fintech weathering the storm

19 September 2016  |  6084 views  |  1 comments | 15 tweets | 5 linkedin

Three months on from the Brexit referendum result and investment in UK fintech firms shows no sign of slowing down, according to data from Innovate Finance.

BNP Paribas extends crowdfunding blockchain programme
Wholesale banking

BNP Paribas extends crowdfunding blockchain programme

19 September 2016  |  7237 views  |  0 comments | 15 tweets | 15 linkedin

BNP Paribas Securities Services is expanding its blockchain platform for private stocks to help unlisted companies issue minibonds via crowdfunding platforms.

Co-habitation with banks key to fintech future
Wholesale banking

Co-habitation with banks key to fintech future

19 September 2016  |  14689 views  |  2 comments | 38 tweets | 34 linkedin

Successful fintech companies will be those that accept that rather than taking business away from banks their technologies will be adopted by financial institutions, says Damien Jamet, chief digital officer and chief of staff at Societe Generale Securities Services.

Brits trust banks more than government on biometrics
Retail banking

Brits trust banks more than government on biometrics

19 September 2016  |  6678 views  |  0 comments | 24 tweets | 18 linkedin

Brits are nearly twice as likely to trust banks to store and keep safe their biometric information as they are to trust government agencies, according to a survey from Visa.

Banks reap app rewards but face threat from new mobile challengers
Start ups

Banks reap app rewards but face threat from new mobile challengers

16 September 2016  |  6100 views  |  0 comments | 13 tweets | 12 linkedin

While mobile apps have proved a boon for Europe's retail banks, new research suggests that they could also prove a threat, with new specialist players picking off customers in key areas and disrupting the traditional full-service model.

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