29 August 2015

All News

An IT problem at HSBC has affected some 275,000 Bacs payments and left thousands of customers without their monthly salaries just before a bank holiday.

Trade association Payments UK has vowed to improve access to payments infrastructure and give customers more control over transactions as part of a drive to ensure Britain has a "world class" system.

Swedish mPOS vendor iZettle has raised EUR60 million in a Series D funding round to help it launch a cash advance service for its small business customers.

Trade execution

SunGard apologises for BNY Mellon system glitch

18 hours ago  | 0 comments | 1 tweets | 1 linkedin

SunGard has issued a public apology to custody bank BNY Mellon for the outage of its InvestOne accounting system used by the bank to price thousands of funds.

Mobile & online

HSBC closes 'branch for the rich'

28 August 2015  | 1 comments | 11 tweets | 5 linkedin

Rich people use the internet, too. HSBC is blaming the rise in online banking for its decision to shut down a branch in Poole that caters only to wealthy customers.

Wholesale banking

Goldman Sachs embarks on Warsaw tech hiring spree

27 August 2015  | 0 comments | 3 tweets | 1 linkedin

Goldman Sachs is preparing to add hundreds of new employees to its technology and operations base in Warsaw, Poland.

Features and analysis

Latest posts

Steve Winder
Steve Winder

CFOs: It’s Time to Say Goodbye to the Spreadsheet

27 August 2015  | 2 comments | 3 tweets | 3 linkedin
Christian Voigt
Christian Voigt

Lightening the load

26 August 2015  | 0 comments | 1 tweets
Steve Grob
Steve Grob

The Dragon chasing its own tail

26 August 2015  | 0 comments
Tolga Tavlas
Tolga Tavlas

DIGITAL BANKING Tips - Tip 28: Video Banking

25 August 2015  | 1 comments | 5 tweets | 2 linkedin
Robert Siciliano
Robert Siciliano

Zeus Malware Gang take-down

25 August 2015  | 0 comments | 1 tweets
 

More News

A US district court judge has thrown out a lawsuit brought against Barclays and a number of US exchanges that accused the bank of rigging its dark pool in favour of high frequency traders (HFTs).

BNY Mellon and its fund manager clients are scrambling to assess the damage caused after a third party system run by SunGard and used by the bank to value assets worth billions of dollars broke down.

Retail banking

Wirecard bids for Worldpay - Bloomberg

26 August 2015  | 1 comments | 10 tweets | 7 linkedin

German payments giant Wirecard has made a £6 billion bid for British rival Worldpay, according to Bloomberg.

Payments

Kenya's NIC Bank links to Twitter and WhatsApp

26 August 2015  | 0 comments | 27 tweets | 14 linkedin

Kenya's National Industrial Credit (NIC) Bank is set to enable customers to view their balances and make payments via WhatsApp, Facebook and Twitter.

Latest company announcements

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