17 April 2014

Latest News


MasterCard to buy Oz loyalty specialist Pinpoint

1 hour ago  |  412 views  |  0

MasterCard has struck a deal to buy PinPoint, a provider of loyalty and rewards service to banks and merchants in Asia Pacific. Financial terms were not disclosed.

Wholesale banking

Sifma calls for US markets to move to T+2

1 hour ago  |  315 views  |  0

Sifma is calling for the US capital markets industry to move to a T+2 settlement lifecylce, as other markets worldwide bid to bridge the gap between trade execution and delivery of financial contracts.

Retail banking

Pay-by-sleeve: Heritage Bank unveils contactless payments suit

10 hours ago  |  1426 views  |  0

Forget watches and glasses, Aussie bank Heritage thinks it has found the cutting edge of wearable tech - a suit that lets customers make contactless payments through the flick of a sleeve.


Hardware vendor LaCie warns of card data breach

22 hours ago  |  1336 views  |  0

French computer hardware firm LaCie is warning customers who have used its Web site over the last year that hackers may have stolen their card data.

Retail banking

Nationwide rolls out in-branch video links for mortgage advice

23 hours ago  |  1376 views  |  0

British building society Nationwide has introduced in-branch video links that let customers talk to off-site mortgage consultants.

Retail banking

ANZ chief Smith puts social media at the heart of the bank's future strategy

23 hours ago  |  2915 views  |  0

ANZ chief executive Mike Smith has committed to making social media engagement and digital services a "key business priority" for the Australian bank over the next three years.


Researchers crack Galaxy S5 fingerprint reader and access PayPal app

23 hours ago  |  2365 views  |  0

Security researchers from SR Labs have cracked the Samsung Galaxy S5's fingerprint reader, gaining access to the handset and using it to make PayPal transactions.

Wholesale banking

Twitter acquires social media sentiment tracker Gnip

16 April 2014  |  1180 views  |  0

Twitter has acquired Gnip a provider of aggregated social media content which is used by hedge funds, banks and signal providers to assess market sentiment and conduct analytics.


SEC to conduct market-wide cyber-security checks

16 April 2014  |  1479 views  |  0

The Securities and Exchange Commission is to conduct checks on more than 50 registered broker-dealers and investment advisors to assess their ability to counteract cyber-security threats.

Wholesale banking

MEPs vote to curb high-frequency trading

16 April 2014  |  1357 views  |  0

Members of the European Parliament have voted through new rules designed to clamp down on high-frequency trading 'Flash Boys'.

Wholesale banking

Citi launches block pricing tool on Bloomberg app portal

15 April 2014  |  1446 views  |  0

Citi has become the first broker to use the Bloomberg App Portal to deploy an application to clients around the world.

Wholesale banking

TransferWise sends up banks in video prank

15 April 2014  |  1939 views  |  0

How would you react if a bar treated your beer like a bank treats your money? That was the question asked by currency exchange start-up TransferWise in a hidden camera stunt filmed at a London hostelry.


Mt. Gox CEO unwilling to travel to US to answer bankruptcy case questions

15 April 2014  |  1330 views  |  1

Mt. Gox CEO Mark Karpeles is refusing to travel to America this week to answer questions about the Tokyo-based bitcoin exchange's US bankruptcy case.


CommBank services hit by network-wide outage

15 April 2014  |  1927 views  |  1

An IT glitch at Commonwealth Bank of Australia has left customers unable to use online and mobile banking, ATMs and point-of-sale terminals for several hours.

Mobile & online

Digital challenger Atom Bank hires chief innovation officer

15 April 2014  |  2998 views  |  0

Atom Bank, the UK-based digital financial services start-up, has hired a chief innovation officer and a deputy director from the North East Local Enterprise Partnership.

Wholesale banking

CME Group sued over HFT sneak peek claims

14 April 2014  |  1771 views  |  1

CME Group is being sued by three users, accused of selling sneak peeks at order information to high-frequency traders.

Post-trade & ops

Sifma calls for US rulemakers to step up deployment of Legal Entity Identifiers

14 April 2014  |  2104 views  |  0

US securities trade body Sifma has called for broader uptake of Legal Entity Identifiers by the country's regulators, amid fears that the US is being left behind as other nations push ahead with mandatory implementation of the uniform trade reporting standard.

Retail banking

Westpac tests fingerprint scanning for mobile banking login

14 April 2014  |  4117 views  |  3

Westpac New Zealand customers will soon be able to log into their mobile banking app using fingerprint scanning.

Retail banking

Facebook seeks European e-money license for remittance play

14 April 2014  |  4141 views  |  1

Facebook is just 'weeks away' from getting an e-money license in Ireland that would allow its users to hold and exchange money on the social networking site, according to the Financial Times.

Mobile & online

Telefonica, CaixaBank and Santander establish e-commerce joint venture company

11 April 2014  |  5910 views  |  0

CaixaBank, Banco Santander and Telefónica have partnered to create 'Yaap', a digital services joint venture company.

Retail banking

Start-up support seen as critical to future of London fintech scene

11 April 2014  |  3525 views  |  2

The UK must do more to encourage investment in the start-up community if London is to maintain its dominance as a global hub for financial services, according to panelists at an event organised by fintech accelerator Startupbootcamp.

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