25 July 2014

Latest News


Bankia unveils mobile wallet

07 July 2014  |  3539 views  |  0

Spain's Bankia has launched a sticker and app-based mobile contactless payments service.


London buses go cashless

07 July 2014  |  5770 views  |  8

London buses have stopped accepting cash fares in a move that Transport for London (TfL) says will save £24 million a year.


European banks told to avoid bitcoin

04 July 2014  |  6178 views  |  0

Europe's financial institutions should steer clear of virtual currencies such as bitcoin until a regulatory regime is in place, the European Banking Authority (EBA) has warned.

Wholesale banking

Google makes U-turn on deletion of link about ex-Merrill boss O'Neal

04 July 2014  |  12825 views  |  0

Following a public uproar, Google has reversed its decision to remove links to a BBC article about former Merrill Lynch CEO Stan O'Neal, according to Reuters.


Hungarian mobile wallet trials declared a success

04 July 2014  |  5109 views  |  0

The bank- and telco-backed Hungarian Mobile Wallet Association is preparing for a full-scale commercial roll-out after reviewing largely positive feedback from a year-long pilot trial of its NFC-based m-payment service.

Retail banking

Barclays scores govt cyber security certification for digital banking services

04 July 2014  |  7162 views  |  0

Barclays has become the first major organisation to receive a new UK government cyber security certification for its digital banking services.


CaixaBank to roll out contactless wristbands

03 July 2014  |  8659 views  |  2

CaixaBank is to distribute 15,000 contactless wristbands to customers over the summer, staking a claim to being the largest wearable payments programme in Europe.


Google 'pirate' Makoski joins Capital One

03 July 2014  |  3550 views  |  0

Google design whiz Dan Makoski is quitting the search giant's free-thinking Project Ara 'pirate' mobile development division to join Capital One as VP of design, with an initial focus on m-commerce and payments.


Goldman goes to court to get Google to delete email containing client data

03 July 2014  |  3318 views  |  1

Goldman Sachs has gone to court to get Google to delete an email containing "highly confidential" client data because it was sent to the wrong recipient.

Retail banking

Brazilian scammers score $3.75 billion in malware bank fraud

03 July 2014  |  4952 views  |  3

Brazilian criminal gangs have netted $3.75 billion in a micro-transaction fraud that compromises transactions made using the popular Boleto payment method.

Mobile & online

Santander launches $100m fintech venture fund

03 July 2014  |  7688 views  |  0

Spanish banking giant Santander has launched a $100 million, London-based fintech venture capital fund as it bids to get in on the ground floor at startups leading the financial services digital revolution.


Visa and MasterCard given Russian boost

02 July 2014  |  4153 views  |  1

Visa and MasterCard may escape having to pay billions of dollars in security deposits to carry on operating in Russia after the country's central bank rowed back on its initial demands.

Wholesale banking

Level39 gets Intel Inside

02 July 2014  |  3277 views  |  1

Intel has partnered with UK tech accelerator space Level39 to provide startups with access to its industry expertise, contacts, data sets and next-generation hardware.

Mobile & online

Fiserv partners Anthony Thomson on tech platform for new UK banks

02 July 2014  |  4266 views  |  0

Metro Bank and Atom Bank founder Anthony Thomson has teamed up with fintech vendor Fiserv to develop a technology platform designed to help the raft of new challengers bidding to enter the UK banking market.

Wholesale banking

Markit sells Boat trade reporting service to Cinnober

02 July 2014  |  2720 views  |  0

Swedish trading technology vendor Cinnober has bought the Boat trade reporting service from Markit. Financial terms of the deal were not disclosed.

Mobile & online

Digital challenger Atom Bank scores investment

01 July 2014  |  3926 views  |  0

British digital banking startup Atom Bank has secured a six-figure investment from Newcastle-based Middleton Enterprises.

Mobile & online

Smartphone users still wedded to the branch - BofA survey

01 July 2014  |  3419 views  |  0

Almost one in two US smartphone users admit they wouldn't last a day without their mobile, and many consider their devices more important than daily staples such as coffee and television, according to a new report by Bank of America.

Retail banking

Moven raises $8m ahead of international push

01 July 2014  |  5277 views  |  0

US mobile-centric financial services provider Moven has raised $8 million in a series a funding round led by SBT Ventures.

Mobile & online

Dotcom survivor Yodlee files for IPO

01 July 2014  |  3406 views  |  1

Dotcom boom survivor Yodlee is finally ready to go public, fifteen years after makingg its debut as a novel screen-scraping service for bank account aggregation.


First direct makes high street debut

01 July 2014  |  3559 views  |  1

UK online and telephone bank first direct is to make its debut on the high street with its own branded ATMs.

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