08 February 2016

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Citi Ventures invests in C2FO
Retail banking

Citi Ventures invests in C2FO

28 January 2016  |  2319 views  |  0 comments | 2 tweets | 2 linkedin

Citi Ventures has made a strategic investment in Kansas City-based working capital marketplace C2FO. Terms of the arrangement have not been disclosed.

Scotiabank preps $25k hackathon
Retail banking

Scotiabank preps $25k hackathon

28 January 2016  |  2831 views  |  0 comments | 6 tweets

Scotiabank is inviting Toronto's geeks to take part in a hackathon designed to find creative ways to help Canadians manage their debt.

Frictionless payments driving growth at Facebook and PayPal
Mobile & online

Frictionless payments driving growth at Facebook and PayPal

28 January 2016  |  7402 views  |  0 comments | 33 tweets | 21 linkedin

The creation of a frictionless payment experience is driving innovation - and profits - at PaPpal and Facebook, as both companies report a stellar set of results.

Cambridge Blockchain wins Santander DL Challenge
Security

Cambridge Blockchain wins Santander DL Challenge

28 January 2016  |  4425 views  |  0 comments | 7 tweets | 3 linkedin

Massachusetts-based Cambridge Blockchain has walked away with a £15,000 cash prize and the promise of future angel investment after winning a distributed ledger challenge organised by Santander InnoVentures in partnership with OneVest, CoFoundersLab and 1000 angels.

Moven teams up with loan refinancers CommonBond and Payoff
Mobile & online

Moven teams up with loan refinancers CommonBond and Payoff

28 January 2016  |  3555 views  |  0 comments | 12 tweets | 5 linkedin

Neo-bank Moven has struck deals with loan refinancing startups CommonBond and Payoff as it seeks to burnish its "financial wellbeing" credentials.

Wendy's investigates possible card data breach
Security

Wendy's investigates possible card data breach

27 January 2016  |  3454 views  |  0 comments | 6 tweets | 2 linkedin

American fast food chain Wendy's is investigating possible fraudulent charges to cards used at some of its restaurants.

Bank of England to develop blueprint for overhaul of UK payments system
Mobile & online

Bank of England to develop blueprint for overhaul of UK payments system

27 January 2016  |  9560 views  |  1 comments | 37 tweets | 37 linkedin

The Bank of England is developing a blueprint to modernise the UK's 20-year old real-time gross settlement system to deal with changing payment habits and the emergence of distributed ledger technology.

Chase ATMs to offer mobile-based withdrawals; BofA throws hat in ring
Retail banking

Chase ATMs to offer mobile-based withdrawals; BofA throws hat in ring

27 January 2016  |  6180 views  |  0 comments | 13 tweets | 21 linkedin

JPMorgan Chase is revamping its ATM fleet, enabling customers to make cash withdrawals with their mobile phones, rather than cards.

UBS turns to AppDynamics for digital transformation effort
Mobile & online

UBS turns to AppDynamics for digital transformation effort

27 January 2016  |  4012 views  |  0 comments | 12 tweets | 17 linkedin

UBS is to use application performance monitoring software from AppDynamics across hundreds of applications in support of the bank’s ongoing programme to update the platforms used by customer-facing and internal banking services to a more flexible private cloud model.

Barclays, the last UK holdout against Apple Pay, confirms imminent launch
Payments

Barclays, the last UK holdout against Apple Pay, confirms imminent launch

27 January 2016  |  5800 views  |  9 comments | 14 tweets | 11 linkedin

Barclays, the last of the UK's big banks to join the Apple Pay bandwagon, has confirmed that it will be rolling out the service within the next three months, after initially holding out against the mobile payments juggernaut.

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