05 March 2015

Latest News

Retail banking

Madrid's public transport system to trial mobile NFC ticketing

04 March 2015  |  2320 views  |  0 comments | 8 tweets | 5 linkedin

Madrid's public transport system operator is working with Telefonica, Samsung and Gemalto to pilot mobile NFC ticketing.

Retail banking

Criminals turning to social media to recruit money mules

04 March 2015  |  1912 views  |  0 comments | 10 tweets | 7 linkedin

Organised criminals are turning to social media to recruit members of the public to act as unsuspecting money mules for laundering dirty cash.

Mobile & online

Oz telco Optus preps smartwatch payments

03 March 2015  |  2139 views  |  0 comments | 5 tweets | 3 linkedin

Australian telco Optus is planning to launch smartwatches and wristbands that let customers make contactless payments with the flick of a wrist.

Start ups

Worldpay commits $1m to Georgia Tech fintech accelerator

03 March 2015  |  1840 views  |  0 comments | 4 tweets | 2 linkedin

Payment processor Worldpay is putting up $1 million to fund a new financial technology accelerator at Georgia Tech's Advanced Technology Development Center (ATDC).

Mobile & online

Banco Sabadell unveils mobile wallet

03 March 2015  |  2639 views  |  0 comments | 5 tweets | 8 linkedin

Spain's Banco Sabadell has teamed up with MasterCard to launch a mobile wallet that will let customers make in-store payments with a tap of their handsets.

Mobile & online

MasterCard and Egyptian Government to pair mobile payments with national ID card

03 March 2015  |  3716 views  |  0 comments | 10 tweets | 8 linkedin

MasterCard has been contracted by the Egyptian government to roll out a digital ID programme that links citizens’ national ID to the country's existing mobile money platform.

Start ups

Australian banks and tech companies collaborate to create Sydney fintech hub

03 March 2015  |  3812 views  |  2 comments | 15 tweets | 8 linkedin

Australian banks and tech companies are providing $2 million in funding to get the country's first physical fintech hub off the ground in Sydney.

Risk & regulation

British challenger savings bank launches

03 March 2015  |  3955 views  |  1 comments | 14 tweets | 11 linkedin

British startup digital-only lender Charter Savings Bank has opened its virtual doors for business.

Payments

ECB plays down virtual currency risks

03 March 2015  |  2974 views  |  0 comments | 13 tweets | 11 linkedin

Despite flagging some concerns, the European Central Bank says that it does not think that the rise of virtual currencies currently provides a material risk to the smooth operation of payment systems.

Cards

Visa to drive in-car commerce with Pizza Hut

03 March 2015  |  3859 views  |  2 comments | 6 tweets | 8 linkedin

Visa is working with Accenture and Pizza Hut to test the use of onboard mobile and online commerce for car drivers.

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