30 June 2015

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Canadian senate committee urges 'light touch' Bitcoin regulation
Risk & regulation

Canadian senate committee urges 'light touch' Bitcoin regulation

19 June 2015  |  9462 views  |  0 comments | 8 tweets | 8 linkedin

Canada should employ a "light regulatory touch" when dealing with digital currencies and the blockchain, according to a report from a powerful standing senate committee.

RBS pledges to boost resilience spend after latest IT failure
Retail banking

RBS pledges to boost resilience spend after latest IT failure

19 June 2015  |  7614 views  |  5 comments | 20 tweets | 8 linkedin

Royal Bank of Scotland is to invest a further £150 million a year to improve the resilience of its IT systems, in the wake of the latest breakdown which saw 600,000 transactions disappear from customer acounts.

SAP Financial Services Forum Focus: Matthias Kröner, Fidor Bank
Retail banking

SAP Financial Services Forum Focus: Matthias Kröner, Fidor Bank

19 June 2015  |  3569 views  |  0 comments | 1 tweets | 6 linkedin

Co-founder of DAB Bank, continental Europe's first online broker, and once the youngest CEO and executive board member of a German bank in German banking history Kröner's career has blended the world of banking, financial services and technology.

Russian man embeds transit chip in own hand
Retail banking

Russian man embeds transit chip in own hand

19 June 2015  |  5659 views  |  15 comments | 17 tweets | 11 linkedin

A Russian engineer has sliced open his own hand and embedded a transit chip under the skin to speed up his daily commute.

New .bank domain launches into general availability
Mobile & online

New .bank domain launches into general availability

19 June 2015  |  4363 views  |  0 comments | 14 tweets | 8 linkedin

The new .bank generic top-level domain will launch into general availability next week, promising to offer financial institutions and their customers better online security.

Eastern Bank rolls out voice authentication tech at call centre
Retail banking

Eastern Bank rolls out voice authentication tech at call centre

19 June 2015  |  3066 views  |  0 comments | 10 tweets | 5 linkedin

In a North American first, Eastern Bank is replacing security questions with voice biometric authentication for customers calling its service centre.

US agrees T+2 timetable
Wholesale banking

US agrees T+2 timetable

18 June 2015  |  2498 views  |  0 comments | 4 tweets | 5 linkedin

The US securities industry is finally to move to a two-day settlement cycle (T+2), but not until the end of Q3 2017, some three years after similar shifts in other global markets

SAP Financial Services Forum Focus: Seth McGuire, Twitter
Retail banking

SAP Financial Services Forum Focus: Seth McGuire, Twitter

18 June 2015  |  3321 views  |  0 comments | 2 tweets | 1 linkedin

A former senior director of business development at Gnip, prior to its 2014 acquisition by Twitter, and a research and sales executive at the Corporate Executive Board, a DC-based consulting firm – now McGuire is a senior business development manager at Twitter, focused on data partnerships. He has been a guest speaker on social media and the markets on programs including CNBC's "Squawk Box," Bloomberg's "Money Moves" and Fox Business' "After the Bell."

Five fintech startups win £175,000 injection from Innovate UK
Start ups

Five fintech startups win £175,000 injection from Innovate UK

18 June 2015  |  4060 views  |  0 comments | 11 tweets | 10 linkedin

Innovate UK has chosen five fintech startups to share a £175,000 prize pot and the opportunity to work with leading banks and government bodies to get their ideas off the ground.

Emerging Payments Association sets up incubator
Cards

Emerging Payments Association sets up incubator

18 June 2015  |  3764 views  |  0 comments | 11 tweets | 7 linkedin

The UK's Emerging Payments Association has launched an incubator for early stage companies in the payments industry.

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