27 March 2017
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Latest retail banking news

Billon completes live distributed ledger pay outs in the UK

Billon completes live distributed ledger pay outs in the UK

3 hours ago  |  1321 views  |  0 comments | 1 linkedin

Billon, a Polish e-money transfer startup backed up distributed ledger technology, is set to enter the UK market having completed a successful trial of a corporate payout system with consumer research firm Conduct Research.

UK FS firms see fight against cybercrime as major challenge

UK FS firms see fight against cybercrime as major challenge

11 hours ago  |  2165 views  |  0 comments | 3 tweets | 7 linkedin

British financial services firms expect to increase IT spending at a healthy rate in the near future, according to a CBI/PwC survey which also shows that combatting cybercrime is a growing imperative for the industry.

Industry veterans form credit card company

Industry veterans form credit card company

24 March 2017  |  4787 views  |  0 comments | 3 tweets | 7 linkedin

A team of heavyweight financial services industry execs, led by Bank of America and capital One veteran Rob Habgood, are launching a consumer credit card business.

Bank of Ireland welcomes startups to startlab incubator programme

Bank of Ireland welcomes startups to startlab incubator programme

24 March 2017  |  3991 views  |  0 comments | 9 tweets | 7 linkedin

Bank of Ireland is kicking off the second session of its annual incubator programme to support innovative startups in the West of Ireland.

SIX and IBM to build Watson-powered cyber-security hub

SIX and IBM to build Watson-powered cyber-security hub

24 March 2017  |  4751 views  |  0 comments | 14 tweets | 12 linkedin

Swiss Financial infrastructure operator SIX is to use the cognitive computing ability of IBM Watson to build a new cyber-security hub to help banks comply with Swiss privacy laws and regulations.

Samsung makes wearable payments play

Samsung makes wearable payments play

24 March 2017  |  5340 views  |  1 comments | 7 tweets | 6 linkedin

Samsung is bidding to expand NFC payments beyond phones to a host of wearable devices by teaming up with POS manufacturer Ingenico and app developer Smartlink to launch the Contactless Companion Platform (CCP).

MAS to roll out national KYC utility for Singapore

MAS to roll out national KYC utility for Singapore

24 March 2017  |  9786 views  |  0 comments | 31 tweets | 40 linkedin

The Monetary Authority of Singapore (MAS) is piloting a national know-your-customer (KYC) utility for financial services, based on the MyInfo digital identity service, jointly developed by the Ministry of Finance and GovTech, the lead agency for digital and data strategy in Singapore.

Russian hacker pleads guilty over $500m Citadel malware

Russian hacker pleads guilty over $500m Citadel malware

23 March 2017  |  4645 views  |  0 comments | 2 tweets | 7 linkedin

A Russian hacker accused of helping to develop and maintain the notorious Citadel malware toolkit, which was used to steal more than $500 million from bank accounts, faces up to 10 years in a US prison after pleading guilty to computer fraud.

RBS to close 158 branches

RBS to close 158 branches

23 March 2017  |  4200 views  |  2 comments | 9 tweets | 13 linkedin

Royal Bank of Scotland is closing another 158 UK branches, with the loss of hundreds of jobs, citing the "dramatic shift" in how people bank in the age of mobile and online services.

Citi Ventures leads $11 million round in AI-based personal finance advocate Clarity Money

Citi Ventures leads $11 million round in AI-based personal finance advocate Clarity Money

23 March 2017  |  4280 views  |  0 comments | 6 tweets | 4 linkedin

Personal finance app Clarity Money has raised a further $11 million in venture capital financing in a Series B round led by RRE Ventures and Citi Ventures.

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