27 May 2017
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Latest retail banking news

CMA preps investigation into Cardtronics' deal to buy rival

CMA preps investigation into Cardtronics' deal to buy rival

04 May 2017  |  5888 views  |  0 comments | 3 tweets | 6 linkedin

ATM provider Cardtronics faces an in-depth UK Competition and Markets Authority (CMA) investigation into its multi-million pound acquisition of Canadian rival DirectCash Payments.

Idea Bank rides the rails with onboard work spaces

Idea Bank rides the rails with onboard work spaces

04 May 2017  |  4676 views  |  2 comments | 11 tweets | 1 linkedin

Poland's Idea Bank is taking mobile banking to the next level, turning carriages on intercity trains into co-working spaces.

China's Ping An preps $1bn overseas fintech and healthcare fund

China's Ping An preps $1bn overseas fintech and healthcare fund

04 May 2017  |  6372 views  |  0 comments | 11 tweets | 14 linkedin

China's Ping An Insurance Group has hired Citi veteran Jonathan Larsen to lead a new $1 billion overseas fund than will focus on investing in financial and healthcare technology.

OCC fintech charter plans in jeopardy as Curry departs

OCC fintech charter plans in jeopardy as Curry departs

04 May 2017  |  4850 views  |  0 comments | 4 tweets | 5 linkedin

Proposals by the US Office of the Comptroller of the Currency to issue special purpose banking charters to fintech firms are up in the air following the departure of leading advocate Thomas Curry and his replacement as acting head of the Federal agency by Simpson Thacher & Bartlett partner Keith Noreika

Credit union consortium to demo digital identities on distributed ledger network

Credit union consortium to demo digital identities on distributed ledger network

04 May 2017  |  5020 views  |  0 comments | 8 tweets | 2 linkedin

A US consortium exploring potential use cases for distributed ledger technology in the credit union industry is set to conduct its first live demonstration of a digital identity service next week.

Delivery plan agreed for consolidation of UK payment schemes

Delivery plan agreed for consolidation of UK payment schemes

04 May 2017  |  8341 views  |  1 comments | 12 tweets | 22 linkedin

The UK's Payment Systems Regulator and the Bank of England have agreed a framework for the consolidation of Bacs, the Cheque and Credit Clearing Company and the Faster Payments Scheme.

RBS gives AI a helping hand with 'hybrid bots'

RBS gives AI a helping hand with 'hybrid bots'

04 May 2017  |  9333 views  |  0 comments | 23 tweets | 10 linkedin

The Royal Bank of Scotland is rolling out a customer service "hybrid bot" from vendor LivePerson that hands over to a human colleague if questions flummox its artificial intelligence.

Eight startups Rise up with Barclays

Eight startups Rise up with Barclays

03 May 2017  |  5852 views  |  0 comments | 9 tweets | 8 linkedin

Barclays Bank is entering formal engagements with eight of the 11 startups to pass through its latest fifteen-week accelerator programme and spinning out an internal team as a separate company.

Hyundai builds bespoke 'Contactless Car'

Hyundai builds bespoke 'Contactless Car'

03 May 2017  |  7319 views  |  0 comments | 15 tweets | 13 linkedin

Hyundai is launching a 'Contactless Car' in the UK capable of accepting donations for national charity Stand Up To Cancer.

Bank brands under attack from typo cybersquatters

Bank brands under attack from typo cybersquatters

03 May 2017  |  5135 views  |  2 comments | 8 tweets | 27 linkedin

Be careful when typing in that bank domain. Research has uncovered over 300 Websites bearing the brand names of the UK's five largest banks that attempt to trick fat-fingered consumers into thinking that they've landed on a legitimate site.

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