02 April 2015

Latest News

Retail banking

Standard Chartered appoints non-banker Gorriz as group CIO

25 March 2015  |  2063 views  |  0 comments | 7 tweets | 3 linkedin

Standard Chartered has appointed former aerospace engineer Michael Gorriz as group chief information officer.

Mobile & online

Lukies out as Monitise pulls back from sell off

25 March 2015  |  3313 views  |  2 comments | 3 tweets | 3 linkedin

Monitise founder and co-CEO Alastair Lukies is to step down from the board of the UK mobile banking group, as the business strives to go it alone as an independent company following a failed search for a third-party suitor.

Cards

DeVita to bring MasterCard Labs assets to commercial market

25 March 2015  |  3121 views  |  0 comments | 2 tweets | 2 linkedin

MasterCard has appointed Betty DeVita chief commercial officer of its payments innovation research and development arm, where she will be tasked with guiding disruptive new technology towards the market.

Retail banking

Santander launches mobile ISA app

25 March 2015  |  2933 views  |  1 comments | 6 tweets | 6 linkedin

Santander has launched the UK's first standalone mobile app to help customers source and keep track of their tax-free ISA savings schemes.

Payments

Bungled Chaps payment makes man millionaire

24 March 2015  |  3303 views  |  0 comments | 6 tweets | 9 linkedin

A British man was left shocked when he logged into his online NatWest account and discovered that a bungled Chaps payment had made him, albeit briefly, a millionaire.

Retail banking

Kreditech suspects data breach was inside job

24 March 2015  |  2995 views  |  0 comments | 7 tweets | 3 linkedin

Kreditech, a Germany-based lender focused on the unbanked, has suffered a data breach that has resulted in the personal records of thousands of applicants stolen and dumped on the dark web.

Wholesale banking

Ten more startups board Barclays Accelerator

24 March 2015  |  4559 views  |  0 comments | 7 tweets | 11 linkedin

With innovations encompassing the bond marketplace, bitcoin, and cyber-security, a second cohort of London-based startups are about to board the thirteen-week Barclays Accelerator programme

Wholesale banking

Nasdaq makes trading platform sale to bitcoin startup

24 March 2015  |  2854 views  |  0 comments | 5 tweets | 6 linkedin

Nasdaq has made its first trading technology platform sale to a bitcoin-based digital currency startup.

Wholesale banking

Future Money Focus: Tom DeLuca, AMP Credit Technologies

24 March 2015  |  1819 views  |  0 comments | 3 tweets

The co-founder of a Nasdaq-listed payments processor and a former legal advisor for American Express - Tom DeLuca is now focused on his latest venture, AMP Credit Technologies, a platform for banks and lenders to provide short-term unsecured small business loans.

Retail banking

Banking has reached a digital tipping point BBA warns

24 March 2015  |  11386 views  |  6 comments | 57 tweets | 34 linkedin

Banks must concentrate on harnessing a range of digital technologies or risk losing customers to a new wave of competitors, according to a report by the British Bankers Association (BBA) and Accenture.

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