22 May 2015

Latest News

BPCE pilots dynamic CVV code for online shopping
Retail banking

BPCE pilots dynamic CVV code for online shopping

20 May 2015  |  3046 views  |  12 comments | 10 tweets | 14 linkedin

Banque Populaire and Caisse d’Epargne are to pilot a payment card that replaces the three-figure CVV code on the rear of the card with a small screen display that automatically changes periodically.

BBVA Compass builds basketball game app
Mobile & online

BBVA Compass builds basketball game app

20 May 2015  |  2667 views  |  0 comments | 4 tweets | 2 linkedin

BBVA Compass is hoping to win over younger customers with the launch of a basketball-themed mobile gaming app.

Swift bids to drive ISO20022 harmonisation
Transaction banking

Swift bids to drive ISO20022 harmonisation

20 May 2015  |  3897 views  |  5 comments | 7 tweets | 11 linkedin

Financial messaging network Swift is working with a host of market infrastructure providers and banks to develop a framework for harmonisation of the ISO20022 standard, amid concerns that a proliferation of different flavours of the protocol will lead to fragmentation.

Overstock buys stake in ATS for digital securities push
Wholesale banking

Overstock buys stake in ATS for digital securities push

20 May 2015  |  1654 views  |  0 comments | 1 tweets | 1 linkedin

Online retailer Overstock has stepped up its plans to issue "digital securities" through the acquisition of a 25% stake in alternative trading system (ATS) PRO Securities, according to Wired.

PayPal faces $25m bill over CFPB's online credit allegations
Payments

PayPal faces $25m bill over CFPB's online credit allegations

19 May 2015  |  2784 views  |  0 comments | 3 tweets | 3 linkedin

PayPal faces a $25 million bill to settle a complaint from US regulators that it illegally signed people up to its online credit product.

Nyse debuts bitcoin index
Trade execution

Nyse debuts bitcoin index

19 May 2015  |  2782 views  |  1 comments | 13 tweets | 10 linkedin

The New York Stock Exchange is stepping up its involvement in the Bitcoin ecosystem with the launch of a bitcoin index.

MasterCard launches personal payments service
Retail banking

MasterCard launches personal payments service

19 May 2015  |  5409 views  |  7 comments | 15 tweets | 26 linkedin

MasterCard has launched a service designed to make it easy and fast for businesses, governments and others to send money to consumers around the world.

Cryex turns to Cinnober for digital currency trading platform
Virtual currency

Cryex turns to Cinnober for digital currency trading platform

19 May 2015  |  2010 views  |  0 comments | 5 tweets | 4 linkedin

Swedish digital currency marketplace Cryex has selected Cinnober to supply a hosted version of its trading, clearing and surveillance platform, in a further sign of the collision between virtual currencies and traditional exchange dealing technology.

Ripple scores $28 million funding round
Start ups

Ripple scores $28 million funding round

19 May 2015  |  3640 views  |  0 comments | 17 tweets | 17 linkedin

Digital currency outfit Ripple Labs has closed a $28 million Series A funding round that includes IDG Capital Partners and the venture arms of CME Group and global data storage company Seagate Technology.

Metro Bank to offer consumer loans via Zopa
Retail banking

Metro Bank to offer consumer loans via Zopa

19 May 2015  |  4394 views  |  1 comments | 28 tweets | 19 linkedin

UK challenger bank Metro Bank is to lend funds to consumers via the online marketplace operated by P2P pioneer Zopa.

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