25 February 2017
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Latest retail banking news

In wake of Cloudflare bug, Starling advises customers to change passwords

In wake of Cloudflare bug, Starling advises customers to change passwords

24 February 2017  |  4196 views  |  1 comments | 5 tweets | 8 linkedin

UK challenger bank Starling is advising customers to change their passwords in the wake of a bug at internet infrastructure firm Cloudflare which saw sensitive information from some firms leaked.

RBS looks for digital salvation after posting ninth successive loss

RBS looks for digital salvation after posting ninth successive loss

24 February 2017  |  3804 views  |  1 comments | 7 tweets | 3 linkedin

Tax-payer owned Royal Bank of Scotland has pledged to take out a further £750 million in operating costs over the next year and £2.5 billion over the next four years after reporting widening losses, its ninth-successive year without a profit.

Barclaycard strikes new wearable deals for contactless jewellery and watches

Barclaycard strikes new wearable deals for contactless jewellery and watches

24 February 2017  |  4121 views  |  0 comments | 9 tweets | 9 linkedin

Contactless payment technology is migrating from the plastic card to high street jewellery and watch brands under deals agreed by Barclays with DCK Group and Tappy Technologies.

Kaspersky records uptick in financial phishing and banking malware

Kaspersky records uptick in financial phishing and banking malware

24 February 2017  |  4609 views  |  0 comments | 4 tweets | 7 linkedin

2016 saw a big increase in financial phishing and banking malware, with crooks particularly targeting Android users, according to cybersecurity specialist Kaspersky Lab.

Mizuho carries out blockchain document sharing and digital currency trial

Mizuho carries out blockchain document sharing and digital currency trial

24 February 2017  |  3213 views  |  0 comments | 4 tweets | 3 linkedin

Japan's Mizuho says it has successfully completed trials that used distributed ledger technology for cross-border document sharing and a custom digital currency.

Monzo draws £19.5 million funding; returns to Crowdcube for further £2.5 million

Monzo draws £19.5 million funding; returns to Crowdcube for further £2.5 million

23 February 2017  |  3598 views  |  0 comments | 7 tweets | 3 linkedin

Mobile-only bank Monzo has agreed a £19.5 million investment round with Thrive Capital, Passion Capital and Orange Digital Ventures and announced plans for a further £2.5 million crowdfunding raise.

Bharti Airtel takes stake in fintech lending startup

Bharti Airtel takes stake in fintech lending startup

23 February 2017  |  4052 views  |  0 comments | 4 tweets | 3 linkedin

Indian telco Bharti Airtel has acquired a stake in fintech loan startup Seynse Technologies.

New fintech degree course aims to churn out next generation of entrepreneurs

New fintech degree course aims to churn out next generation of entrepreneurs

23 February 2017  |  4172 views  |  0 comments | 8 tweets | 7 linkedin

Budding entrepreneurs looking for a career in the fast-growing financial technology industry can now sign up to the UK's first fintech undergraduate degree course at Wrexham Glyndwr University.

Bank of America first to launch Zelle P2P payments

Bank of America first to launch Zelle P2P payments

23 February 2017  |  5629 views  |  0 comments | 12 tweets | 10 linkedin

Bank of America has become the first member of the US bank-backed Zelle network to roll out its P2P payments functionality.

Starling releases Open API, talks up marketplace model

Starling releases Open API, talks up marketplace model

23 February 2017  |  5508 views  |  0 comments | 16 tweets | 15 linkedin

UK challenger bank Starling is to release its API to third party developers as it undertakes its first hackathon and prepares for the forthcoming launch of its banking-as-a-service marketplace platform.

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