25 May 2013

Latest News

Cards

Contactless payments reach 'watershed moment' - Visa Europe

20 May 2013  |  4597 views  |  6

Contactless payments have reached a critical inflexion point, says Visa Europe, with more than 19 million transactions conducted across Europe in March.

Trade execution

Bloomberg hires former IBM chief Palmisiano to conduct data privacy probe

20 May 2013  |  1922 views  |  0

Bloomberg has hired former IBM chairman and CEO Sam Palmisiano as an independent advisor to review privacy and data standards practices at the company.

Retail banking

BNP Paribas launches digital mobile bank

17 May 2013  |  4816 views  |  0

BNP Paribas has launched Europe's first stand-alone digital mobile bank, Hello Bank!, in Belgium and Germany.

Retail banking

US branch networks set for steep decline - Celent

17 May 2013  |  2647 views  |  1

After 40 years of branch building, the US will witness a dramatic 30-40% reduction in the number of operating branches over the next decade, forecasts analyst house Celent.

Retail banking

CBA digital marketing chief Lark quits

17 May 2013  |  1731 views  |  0

Commonwealth Bank of Australia chief marketing and online boss Andy Lark has quit the bank to pursue other interests.

Mobile & online

SIA and Telecom Italia to develop mobile transit ticketing system

17 May 2013  |  5363 views  |  0

Telecom Italia and SIA Group have bagged a deal to develop mobile purchasing and ticketing services for Italian transit companies TPER Transport Passenger Emilia-Romagna, ANM Napoli and Start Romagna

Trade execution

JPMorgan Chase demands access to Bloomberg logs

16 May 2013  |  2921 views  |  0

JPMorgan Chase lawyers have demanded that Bloomberg hand over five years of internal staff logs, in another sign of disquiet among financial firms over the extent of a snooping scandal at the market data vendor.

Retail banking

RBS to cut 1470 jobs in retail shake-up

16 May 2013  |  2076 views  |  0

Royal Bank of Scotland is to shed a further 1470 jobs as it restructures its retail support operations.

Mobile & online

Mobile payments expansion spawning criminal undergound

16 May 2013  |  3386 views  |  2

The Anti-Phishing Working Group is calling for a global, co-ordinated response to the threat posed by mobile malware and an emerging underground criminal marketplace lured by an expansion in m-payments and banking.

Post-trade & ops

AMF issues RFI for central securities data repository

16 May 2013  |  1685 views  |  0

The Autorité des marchés financiers (AMF), the regulatory and oversight body for Québec's financial sector, has issued a Request for Information (RFI) for potential suppliers to tender for the creation of a new Market Analysis Platform (MAP).

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