27 March 2015

Latest News

Wholesale banking

UK govt plans money laundering rules for digital currency exchanges

18 March 2015  |  4139 views  |  0 comments | 15 tweets | 14 linkedin

The UK government has set out its approach to digital currencies, vowing to start applying anti-money laundering regulation to exchanges but also promising to put cash behind research into the potential of blockchain technology.

Mobile & online

Chinese handset maker trials interest-bearing mobile wallet

18 March 2015  |  3032 views  |  2 comments | 6 tweets | 7 linkedin

Chinese smartphone manufacturer Xiaomi is moving into the financial services world with an interest-bearing mobile wallet account.

Retail banking

MPs slam Northern Ireland bank IT systems as 'not fit for purpose'

18 March 2015  |  2554 views  |  0 comments | 2 tweets | 3 linkedin

Northern Ireland's banks have been urged by MPs to plough their profits into updating "antiquated" IT systems.

Mobile & online

Facebook brings P2P payments to Messenger

17 March 2015  |  8850 views  |  8 comments | 35 tweets | 44 linkedin

American Facebook users will soon be able to send money to each other through the social network giant's Messenger app.

Wholesale banking

Wall Street heavyweights join $130m funding round for big data firm Dataminr

17 March 2015  |  3062 views  |  0 comments | 6 tweets | 5 linkedin

Some of the biggest names on Wall Street, including John Mack and Vikram Pandit, have joined a $130 million funding round for Dataminr, a startup that trawls through tweets and other data sources to create alerts for clients such as banks.

Retail banking

Akbank rolls out video banking tech in shopping mall

17 March 2015  |  3298 views  |  1 comments | 8 tweets | 7 linkedin

Turkey's Akbank is experimenting with NCR's Interactive Teller video banking technology in branches and at a shopping mall.

Cards

TfL hits million contactless taps a day mark

17 March 2015  |  4577 views  |  1 comments | 24 tweets | 17 linkedin

On a single day last week travellers on London's public transport network made more than a million taps with their contactless bank cards to get around the capital.

Security

Donations for Daffodils now contactless

17 March 2015  |  2618 views  |  0 comments | 3 tweets | 6 linkedin

The Paris-based Curie Institute is enlisting the power of contactless payments, letting people tap their card or phone to donate to its Daffodil for Curie cancer research campaign.

Virtual currency

Intel to probe blockchain potential

17 March 2015  |  6339 views  |  0 comments | 24 tweets | 10 linkedin

Chip maker Intel is the latest tech giant to investigate the potential of blockchain technology, advertising for a cryptographic researcher to work on decentralised ledgers.

Retail banking

Alibaba unveils 'smile-to-pay' tech

16 March 2015  |  6658 views  |  4 comments | 26 tweets | 23 linkedin

Chinese e-commerce giant Alibaba is developing facial recognition technology that enables mobile shoppers to replace their passwords with selfies.

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