13 December 2013

Stuart ClarkHM Treasury consults UK report...

Swift drives debate at CorpActions 2013 conference

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Latest News

Security

Met police chief calls on banks to help fund new cyber-crime unit

22 November 2013 | 2818 views | 1

Scotland Yard chief Bernard Hogan-Howe is calling on banks to help fund a new London cyber-crime fighting unit, admitting that traditional policing methods are failing against high-tech crooks.

Wholesale banking

Indonesian claims credit for taking down Reserve Bank of Australia site

21 November 2013 | 1686 views | 0

Amid allegations that the Oz government has been spying on the Indonesian president, a member of Anonymous Indonesia has claimed responsibility for an attack on the Reserve Bank of Australia Web site.

Payments

ASB CEO warns on the competitive threat from Google, Amazon, and Apple

21 November 2013 | 5201 views | 4

The competitive threat posed by companies like Apple, Google and Amazon is potentially as great as that of the traditional players in the banking market, says ASB CEO Barbara Chapman, as banks face the same disruptive forces that have already radically altered traditional business models in industries like media, publishing and retail.

Payments

Google Wallet gets physical card companion

21 November 2013 | 4292 views | 0

Google Wallet is finally getting a companion physical pre-paid debit card as it shifts ever further away from its NFC roots.

Wholesale banking

Live Blog: Swift Nordics Regional Conference 2013

21 November 2013 | 4658 views | 0

Compliance and beyond: navigating challenges and exploring opportunities in the Nordic financial landscape

Payments

Gaming company fined $1 million for using players' computers to mine for bitcoins

20 November 2013 | 2111 views | 0

A gaming company that hijacked 14,000 customer computers to create a bitcoin mining botnet has been fined $1 million by the New Jersey attorney general's office.

Security

ECB sets out draft mobile payments security recommendations

20 November 2013 | 4825 views | 0

The European Central Bank has set out draft recommendations on mobile payments security, covering everything from customer authentication to data protection.

Retail banking

MasterCard and Intel tap NXP for contactless e-commerce payments

20 November 2013 | 4585 views | 0

Intel is embedding computers with NXP NFC technology so that online shoppers can pay with a tap of their MasterCard contactless card or mobile phone.

Payments

UniCredit to issue contactless stickers in Russia

20 November 2013 | 2041 views | 0

UniCredit is to issue contactless stickers in Russia, turning consumer mobile handsets into cardless payment devices.

Wholesale banking

ICE to ditch Nyse Technologies; spin off Euronext

20 November 2013 | 3201 views | 0

IntercontinentalExchange has confirmed plans to sell Nyse Euronext's technology unit and spin off the Euronext exchange in an initial public offering.

Mobile & online

Barclays bankers don age simulation suits

20 November 2013 | 3345 views | 0

Barclays employees have donned age simulation suits in an effort to appreciate the problems old customers have when banking in-branch, online and over the phone.

Retail banking

Former Google Wallet execs raise $7 million funding for retail analytics endeavor

19 November 2013 | 2428 views | 0

Index, a retail software company set up by former Google Wallet executives, has secured $7 million in a Series A round led by Innovation Endeavors, Khosla Ventures, AIMCo and 819 Capital.

Retail banking

Uber hails PayPal for in-app taxi payments

19 November 2013 | 2200 views | 0

Uber, the US start-up behind an app that connects passengers with drivers of vehicles for hire, has added PayPal as a payment option.

Payments

Barclays revamps Pingit to let big firms send payments to customers

19 November 2013 | 3335 views | 0

Barclays has added a feature to its Pingit app which gives big businesses the ability to send money to people through their mobile phone numbers.

Security

Five more arrests made in $45 million ATM cyberheist

19 November 2013 | 1989 views | 0

US authorities have arrested five men for their part in a massive ATM cyberheist that siphoned off $45 million in a matter of hours.

Cards

Visa names Rajat Taneja EVP, technology

19 November 2013 | 1693 views | 0

Visa has poached Rajat Taneja from video games outfit Electronic Arts as its new executive vice president of technology.

Payments

DNB and Telenor to roll out national NFC payments platform

19 November 2013 | 2226 views | 0

Norwegian telco Telenor and local bank DNB are to launch the country's first nationwide mobile payments service, 'Tap2Pay'.

Mobile & online

FIS tech to power India's first bank for women

19 November 2013 | 1894 views | 0

India's first public sector bank for women opens its doors today, powered by technology from US fintech vendor FIS.

Retail banking

Funding Circle hires Barclays' Luke Jooste to lead move into property finance

18 November 2013 | 1774 views | 0

Funding Circle, an online marketplace for business loans, has hired Barclays Business commercial director Luke Jooste to head up its move into the property finance arena.

Retail banking

Mobile delivers 'halo effect' for banks seeking to sell more products - Bain

18 November 2013 | 3437 views | 0

JPMorgan Chase posted the biggest loyalty gains in 2013 among US national banks thanks to selective investments in mobile technology and more effective marketing, according to research by consultancy house Bain.