24 July 2014

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Apple is in talks with Visa as it ponders launching a mobile wallet this autumn, according to tech site The Information.

Barclays has filed a motion seeking to throw out a lawsuit from the New York Attorney General accusing the bank of deceptively luring unwary investors to a dark pool that was actually being run for the benefit of predatory high-frequency traders.

Crooks have hacked the European Central Bank's website, stealing contact data and demanding a ransom for its return.

New York authorities have charged six people accused of being part of an international criminal gang which used stolen card data to buy thousands of event tickets through eBay-owned StubHub.

AvantCredit, a Chicago-based online consumer lender, has raised $75 million in a series c funding round led by Tiger Global Management and secured a $200 million credit facility.

A business incubation programme run by a consortium of UK universities has been pitching promising startup companies to Barclays Bank.

 

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PayPal is bringing its working capital programme for small business customers to the UK, offering firms cash advances against future sales.

Fintech vendor Iress is promising to bring market data to the masses through a tool that allows people to request share process information through Twitter.

Amazon has taken another tentative step into the world of offline commerce through the launch of a mobile wallet app where customers can store loyalty and gift cards.

Interbank messaging network Swift has signed up another six major banks to its KYC Registry initiative as it gears up for a launch at the end of this year.

 

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