21 April 2015

Latest News

Payments

Swift Business Forum, Canada - live blog

14 April 2015  |  2760 views  |  0 comments | 1 tweets | 4 linkedin

Welcome to Finextra's live coverage of the Swift Business Forum in Toronto. This year’s conference, on the theme 'expect the unexpected' will explore how firms are using technology and new ways of thinking to better prepare for an unpredictable future.

Retail banking

Digital and core renewal to drive bank IT budget growth

14 April 2015  |  5239 views  |  0 comments | 33 tweets | 27 linkedin

Global retail banking IT spend is set to reach $131 billion by the end of 2015, driven largely by investment in mobile and digital channels and core platform renewal, according to figures from analyst house Ovum.

Wholesale banking

ITG launches analytics incubator

14 April 2015  |  2313 views  |  0 comments | 5 tweets | 3 linkedin

Execution broker ITG has opened up a digital community for the sharing of ideas and collaboration in trading and portfolio analytics.

Mobile & online

Russian cops nab alleged Nazi Android malware gang members

13 April 2015  |  2402 views  |  0 comments | 4 tweets | 6 linkedin

Russian authorities have arrested alleged members of a gang of "cyberfascists" accused of using Android malware to drain victims' bank accounts.

Start ups

Barclays' Scandurra recruited to head Sydney fintech hub

13 April 2015  |  2633 views  |  1 comments | 6 tweets | 5 linkedin

One of the architects of Barclays Bank's global Accelerator Programme has been recruited as the CEO of Sydney’s new fintech hub, Stone & Chalk.

Payments

ANZ acquires digital charity outfit Shout for Good

13 April 2015  |  3010 views  |  0 comments | 6 tweets | 7 linkedin

ANZ has completed the acquisition of Shout for Good, a company which has developed a digital fundraising platform that enables individuals to donate money to over 150 charities.

Payments

Card is king as cash usage continues to fall - Halifax

13 April 2015  |  6369 views  |  0 comments | 22 tweets | 14 linkedin

The popularity of cash and cheques continues to decline, according to figures from Halifax which show that nearly 85% of all current account transactions made by its customers are now electronic.

Cards

Citi looks to build a global ecosystem for FinTech

10 April 2015  |  12115 views  |  0 comments | 36 tweets | 27 linkedin

Jorge Ruiz, managing director, Digital Acceleration Global Program Head, Citi sits down with Finextra to talk about the ongoing Citi Mobile Challenge and the development of a global ecosystem for FinTech.

Cards

Nordea customers plagued by two-day IT glitch

10 April 2015  |  3680 views  |  0 comments | 8 tweets | 4 linkedin

Nordea has asked some customers to refrain from making purchases while it tries to get to grips with a technical glitch that has disrupted its online banking systems for two days.

Wholesale banking

Bats to close its doors to thinly-traded stocks

10 April 2015  |  1968 views  |  0 comments | 2 linkedin

Bats Global Trading is to close its doors to illiquid stocks, in an initiative intended to address fragmentation of pricing for issuers of thinly-traded securities.

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