31 July 2015

All retail banking news

George Galloway proposes 'MayorsChain' to track city finances

20 hours ago  | 0 comments | 6 tweets | 4 linkedin

Radical anti-establishment politician and prospective London mayoral candidate George Galloway is proposing to use the blockchain to track the capital's $17 billion budget in real time.

Will Uber be the Uber of banking?

21 hours ago  | 2 comments | 30 tweets | 26 linkedin

The Uber of banking might well turn out to be....Uber, as the darling of the startup scene ditches banking partner Santander to set up its own car financing arm.

MasterCard to connect Europe to Samsung Pay

22 hours ago  | 2 comments | 17 tweets | 9 linkedin

Samsung has struck a deal with MasterCard to connect European card issuers to the handset manufacturer's forthcoming mobile payments service.

Commerzbank venture fund invests in iwoca

22 hours ago  | 0 comments | 6 tweets | 3 linkedin

The venture capital arm of Germany's CommerzBank has joined in a $20m funding round for UK-based SME lending platform iwoca.

David Cameron backs UK fintech manifesto

23 hours ago  | 0 comments | 15 tweets | 14 linkedin

UK Prime Minister David Cameron has lent his support to a fintech manifesto issued by industry think tank Innovate Finance which lays down a bold vision for the country to become a dominant force in financial technology investment and job creation globally.

Bank branches key to fending off digital challengers - IDC

29 July 2015  | 11 comments | 21 tweets | 27 linkedin

Digital evangelists predicting the demise of the bank branch could be in for a rude awakening, according to a new study from IDC Financial Insights which pitches the much-derided bricks and mortar outlet as the fulcrum of a healthy bank-to-customer relationship strategy.

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