19 April 2015

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Start ups

Top banks and VCs line up for Future Money 2015

17 April 2015  | 0 comments | 4 tweets | 4 linkedin

Over 500 of Europe's top banks, VCs and most promising startups will be gathering at the East Wintergarden in London's Canary Wharf next week for the second annual Finextra Future Money conference.

Apple Pay
Security

Apple Pay coming to Canada

17 April 2015  | 0 comments | 10 tweets | 12 linkedin

Apple is hoping to launch its mobile payments service in Canada this autumn, although the firm is still wrangling with banks over fees and security concerns, according to the Wall Street Journal.

In our continuing series, in association with the Breaking Banks radio show, looking at accomplished and interesting women working and changing the FinTech sector, Liz Lumley sits down with Anthemis Group co-founder and president Amy Nauiokas.

Pie chart on whiteboard
Retail banking

Maybank joins hunt for top startup talent

17 April 2015  | 0 comments | 3 tweets | 5 linkedin

Malaysia's Maybank is inviting startups from across South East Asia to pitch their fintech ideas in a series of roadshows spanning Manila, Jakarta, Bangkok, and Kuala Lumpur.

Stock exchange numbers
Trade execution

Chaos in the City as Bloomberg terminals go down

17 April 2015  | 0 comments | 12 tweets | 6 linkedin

Trading across Europe has ground to a halt following an unexplained outage in Bloomberg terminals across the continent and Asia.

Class action lawyers representing banks in litigation against Target have blasted MasterCard's $19 million settlement with the US retailer over the 2013 data breach.

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Risk & regulation

China puts controversial bank IT rules on ice

17 April 2015  | 0 comments | 3 tweets | 6 linkedin

China has put on hold plans to force technology firms working with the country's banks to submit to a series of onerous conditions, according to the Wall Street Journal.

Wholesale banking

Institutional investors tap into social media

17 April 2015  | 0 comments | 2 tweets | 4 linkedin

Institutional investors are increasingly turning to social media, particularly LinkedIn, to source information that can be used to inform their investment decisions, according to research from Greenwich Associates.

HSBC in the US has begun notifying an undisclosed number of customers that their mortgage account data may have been inadvertently published on the Internet.

Mobile & online

World Bank reports big drop in numbers of unbanked

16 April 2015  | 10 comments | 36 tweets | 13 linkedin

A new report from the World Bank has recorded a massive 20% drop in the numbers of unbanked consumers, as 700 million adults worldwide joined the formal banking system and became account holders between 2011 and 2014.

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