27 May 2015
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Cards

Visa Europe opens innovation hub in Israel

18 hours ago  | 0 comments | 11 tweets | 6 linkedin

Fresh from the launch of Visa Europe Collab in London earlier this month, the card scheme has exported the idea to Israel with the opening of an innovation hub in Tel Aviv.

Australia's ING Direct has launched an Apple Watch app and is taking advantage of a new feature in the tech giant's operating system to let customers check their balances with just one swipe of their iPhone.

Bitcoin startup Xapo has appointed Visa founder Dee Hock, ex-Citibank CEO John Reed, and former US Treasury Secretary Larry Summers to its new advisory board.

Australia's H2 Ventures, a newly-established fintech-focused digital design and investment firm, plans to raise a A$10 million war chest to fund the launch of 100 early-stage fintech startups over the next three years.

The eBay Foundation and Village Capital are running a three-month fintech accelerator for startups developing alternative technologies for serving low-income households and individuals.

Payments

Danske Bank integrates PowaTag into MobilePay

20 hours ago  | 0 comments | 8 tweets | 5 linkedin

Denmark's Danske Bank is boosting its popular MobilePay app by integrating technology from m-commerce vendor Powa which will give customers more global buying options.

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Retail banking

Icici rolls out voice recognition tech

25 May 2015  | 1 comments | 9 tweets | 11 linkedin

India's Icici Bank is introducing voice recognition technology at its call centres, enabling customers to authenticate themselves simply by speaking.

Security

MasterCard's $19m Target settlement falls through

22 May 2015  | 0 comments | 6 tweets | 4 linkedin

MasterCard's $19 million settlement with Target over the retailer's data breach has collapsed in the face of opposition from banks.

The UK's established high street banks may have to set up greenfield operations free of legacy tech to take on the better-performing small challenger banks nipping at their heels, according to a report from KPMG.

JPMorgan Chase has launched a think tank that promises to deliver data-rich analysis that addresses big global economic challenges for the "public good".

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