30 July 2016
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MasterCard and PayPal hold talks about alliance - FT

MasterCard and PayPal hold talks about alliance - FT

29 July 2016  |  3503 views  |  0 comments | 14 tweets | 11 linkedin

MasterCard and PayPal have engaged in a "constructive dialogue" about a possible strategic alliance, according to a report in the Financial Times.

Call for standards to aid fintech growth

Call for standards to aid fintech growth

28 July 2016  |  4241 views  |  0 comments | 11 tweets | 4 linkedin

Standards have the potential to strengthen and speed up fintech development in the UK, according to a paper recently published by BSI.

BBVA in management reshuffle for digital banking push

BBVA in management reshuffle for digital banking push

28 July 2016  |  4869 views  |  0 comments | 14 tweets | 10 linkedin

Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA) is set to embark on a second management reorganisation within 14 months in anticipation of a further push of its digital banking plans, according to Bloomberg.

UK payments regulator calls for structural reform

UK payments regulator calls for structural reform

28 July 2016  |  4631 views  |  0 comments | 16 tweets | 35 linkedin

The Payment Systems Regulator (PSR) has called for an overhaul of the UK's payments infrastructure to generate more competition and meet consumers' needs.

Lloyds to cut further 3000 jobs and close 200 branches in wake of Brexit vote

Lloyds to cut further 3000 jobs and close 200 branches in wake of Brexit vote

28 July 2016  |  5251 views  |  9 comments | 8 tweets | 5 linkedin

Lloyds Banking Group is accelerating its cost-cutting drive by announcing more job cuts and branch closures despite doubling its profit in the first half of 2016.

Deutsche Bank warns of further cuts after fall in profits

Deutsche Bank warns of further cuts after fall in profits

27 July 2016  |  3672 views  |  0 comments | 5 tweets | 9 linkedin

A 98% fall in second quarter earnings has led Deutsche Bank to warn investors that it may need to cut more costs

South Africa sets standard for fingerprint banking

South Africa sets standard for fingerprint banking

27 July 2016  |  4893 views  |  0 comments | 16 tweets | 17 linkedin

South Africa's payments body has released a standard to enable biometrics to be used on payment cards and to herald what it hopes will be an industry-wide roll-out of fingerprint banking.

Aussie banks team up for Apple Pay legal challenge

Aussie banks team up for Apple Pay legal challenge

27 July 2016  |  5545 views  |  1 comments | 15 tweets | 15 linkedin

Four Australian banks are joining forces to negotiate with Apple and be allowed to offer their own payment services on the tech giant's hardware.

Blockchain consortium to open London office

Blockchain consortium to open London office

26 July 2016  |  4936 views  |  0 comments

In a further post-Brexit boost to the UK's fintech sector, a New York-based blockchain consortium is to open a London office.

Finextra paper explores blockchain as an enabler of operational resilience

Finextra paper explores blockchain as an enabler of operational resilience

25 July 2016  |  5565 views  |  0 comments | 12 tweets | 9 linkedin

Distributed ledger technology could help with damage limitation in the event of service disruptions, as the paper ‘How to get a head on operational resilience’ discusses.

UK startups get Brexit boost while UK funds suffer

UK startups get Brexit boost while UK funds suffer

25 July 2016  |  4914 views  |  1 comments | 12 tweets | 14 linkedin

Venture capitalists have invested more than $200m in UK tech startups in the month following the controversial Brexit vote, allaying fears that London's growing tech sector would be one of the first casualties of the withdrawal from the European Union.

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