24 February 2017
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İşbank initiates P2P money transfers via iMessage
Mobile & online

İşbank initiates P2P money transfers via iMessage

10 February 2017  |  4013 views  |  0 comments | 11 tweets | 7 linkedin

Turkey's İşbank has launched P2P money transfer via iMessage as an embedded option in its popular İşCep mobile banking app.

BNP Paribas builds a bridge to Silicon Valley
Wholesale banking

BNP Paribas builds a bridge to Silicon Valley

10 February 2017  |  5169 views  |  0 comments | 20 tweets | 12 linkedin

In the wake of announcing plans to double IT spending over the next three years, BNP Paribas has moved to strengthen its relationship with Silicon Valley's Plug and Play incubation initiative.

ABN Amro pilots 'touchfree' accounting platform for SMEs
Start ups

ABN Amro pilots 'touchfree' accounting platform for SMEs

10 February 2017  |  4264 views  |  0 comments | 5 tweets | 6 linkedin

ABN Amro is working with startup InvoiceSharing to pilot a "touchfree" automated accounting system for small and medium-sized enterprises.

Bank IT spending in Asia/Pacific set for growth
Wholesale banking

Bank IT spending in Asia/Pacific set for growth

10 February 2017  |  3752 views  |  0 comments | 6 tweets | 5 linkedin

IT spending by banking and securities firms in mature Asia/Pacific markets will reach $67.1 billion in 2017, an increase of 5.4% from 2016, according to Gartner.

Global LEI initiative struggles for momentum
Risk & regulation

Global LEI initiative struggles for momentum

09 February 2017  |  4117 views  |  0 comments | 10 tweets | 13 linkedin

US regulators have been slammed for their part in the stalling of the Legal Entity Identifier project, which last year saw more lapsed LEIs than new ones.

Hitachi outed as source of Indian ATM malware infection
Payments

Hitachi outed as source of Indian ATM malware infection

09 February 2017  |  6050 views  |  1 comments | 10 tweets | 11 linkedin

Hitachi Payment Systems has admitted culpability for a breach of its ATM network in India that spawned a massive recall of debit cards by the nation's banks.

NatWest to roll out digital investment service
Mobile & online

NatWest to roll out digital investment service

09 February 2017  |  4345 views  |  0 comments | 11 tweets | 5 linkedin

NatWest is rolling out a digital investment service for its online banking customers.

Blockchain will change everything, but only if we can find the right talent
Retail banking

Blockchain will change everything, but only if we can find the right talent

09 February 2017  |  16410 views  |  2 comments | 29 tweets | 65 linkedin

On the one hand, financial services executives believe distributed ledger technology will have a transformative impact on the industry within the next three-to-five years, yet on the other a serious shortage of blockchain talent is threatening to impede real-world deployment. That's the conclusion of the two distinct pieces of research conducted by Bain and Tabb Group.

BAML shuns algorithms for digital investment platform
Retail banking

BAML shuns algorithms for digital investment platform

09 February 2017  |  3339 views  |  0 comments | 5 tweets | 4 linkedin

Bank of America Merrill Lynch is tapping the expertise of its investment officers, rather than algorithms, for the US launch of its online advisory platform.

Sberbank launches machine learning-based assistant
Mobile & online

Sberbank launches machine learning-based assistant

09 February 2017  |  7679 views  |  0 comments | 22 tweets | 11 linkedin

Russia's Sberbank has introduced an online personal assistant that uses machine learning to provide customers with useful advice and recommendations tailored to their individual financial circumstances and lifestyles.

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