29 March 2015

All transaction banking news


UK online banking fraud losses soar 48%

27 March 2015  | 0 comments | 8 tweets | 11 linkedin

Online banking fraud jumped 48% to £60.4 million in 2014, according to figures put together by Financial Fraud Action UK (FFA UK), which blames the rise on malware and confidence tricksters.

Challenger banks will feature heavily in the upcoming Swift Business Forum in London. Craig Donaldson, CEO at Metro Bank UK, is joined by keynote speaker Sir David Clementi, ex-deputy governor of the Bank of England and chairman of Virgin Money.

London stock exchange 1

BofE rapped over crisis management failings in RTGS breakdown

25 March 2015  | 0 comments | 6 tweets | 2 linkedin

The Bank of England has been told it needs to improve contingency arrangements and strengthen its crisis management framework following an independent review of the ten-hour breakdown in the operation of the UK's high value payments system, Chaps, last year.

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 Templars PR CEO and founder of the Social Media Charter, Kitty Parry.


Alibaba advances on Europe with iwoca and ezbob tie-up

11 March 2015  | 0 comments | 9 tweets | 7 linkedin

Alibaba has enlisted the help of two UK working capital startups to provide micro-financing to European firms wishing to buy from Chinese suppliers.

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EBA Clearing forms pan-European instant payments task force

09 March 2015  | 0 comments | 7 tweets | 14 linkedin

EBA Clearing has launched a task force to lay the groundwork for a Europe-wide instant payment processing service it hopes to have up and running by 2018.

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UK online banking fraud losses soar 48%
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