28 August 2014

Latest News

Retail banking

TD Bank scores viral hit with Automated Thanking Machine campaign

30 July 2014  |  9301 views  |  4

A marketing campaign in which Canada's TD Bank turned its ATMs into 'Automated Thanking Machines' that distributed gifts to customers has proved a viral hit, racking up more than two million YouTube views in less than a week.

Retail banking

Why Google Bank won't happen

30 July 2014  |  11516 views  |  7

Google won't launch a traditional bank because of the associated costs and regulation, but these hurdles won't stop the firm from redefining the future of financial services, according to a new Forrester report.

Risk & regulation

DTCC and banks form client data and documentation utility

29 July 2014  |  3206 views  |  0

The Depository Trust & Clearing Corporation (DTCC) has teamed up with six Wall Street banks to launch Clarient Entity Hub, a client data and documentation utility.

Retail banking

Brits back biometrics for banking authentication

29 July 2014  |  7317 views  |  8

More than half of Brits want their banks to integrate fingerprint biometric authentication technology into their digital services, according to a survey.


Nintendo brings NFC payments to Wii U in Japan

29 July 2014  |  3439 views  |  0

Japanese gamers can now buy the latest titles on Nintendo's eShop by tapping their contactless payment cards against their Wii U controllers.


PayPal brings Start Tank programme to London

29 July 2014  |  3629 views  |  1

PayPal is bringing its Start Tank programme to the UK, inviting the country's tech startups to apply for one of five chances to win a six month stint at its London offices.

Mobile & online

New fintech fund targets emerging markets

28 July 2014  |  4417 views  |  0

Anthemis Group's Udayan Goyal has teamed up with private equity veteran Matteo Stefanel in a bid to raise $250 million for a growth fund targeting fintech startups in the developing world. Finextra spoke to Goyal about the fund.


PayPal hits the high street in Holland

28 July 2014  |  5338 views  |  0

Shoppers in the Netherlands can now use their PayPal accounts to order ahead and pay for goods and services at 1500 high street locations through a partnership with Rabobank-backed MyOrder


Doom on an ATM

28 July 2014  |  3561 views  |  0

A team of Australian geeks have rigged up an ATM to play popular shoot-'em-up action game Doom.

Wholesale banking

Dancing with Unicorns: Top VCs ramp up fintech investment activity

28 July 2014  |  3732 views  |  0

Fintech deal activity by the world's biggest venture capital firms has grown 61% from 2010 to 2013, according to data from CB Insights.

Mobile & online

Digital bank Holvi preps Irish launch

25 July 2014  |  4592 views  |  0

Holvi, the Finnish digital banking startup targeting small businesses, has hired former SumUp exec Thomas O'Reilly as it prepares to enter the Irish market next month.


Contactless payments to arrive on London's Tube in September

25 July 2014  |  7498 views  |  1

Londoners will soon be able to pay for journeys on the tube, DLR and overground with their contactless bank cards and mobile phones.

Mobile & online

USAA enlists IBM's Watson to help military personnel transition to civilian life

25 July 2014  |  4171 views  |  1

Online army bank USAA has begun using IBM's Watson cognitive computing platform to help military personnel ease back into civilian life.

Trade execution

Barclays seeks dismissal of NY Attorney General's dark pool lawsuit

24 July 2014  |  3412 views  |  1

Barclays has filed a motion seeking to throw out a lawsuit from the New York Attorney General accusing the bank of deceptively luring unwary investors to a dark pool that was actually being run for the benefit of predatory high-frequency traders.

Retail banking

European Central Bank site hacked

24 July 2014  |  4463 views  |  0

Crooks have hacked the European Central Bank's website, stealing contact data and demanding a ransom for its return.

Retail banking

Police make StubHub cybercrime ring arrests

24 July 2014  |  3295 views  |  0

New York authorities have charged six people accused of being part of an international criminal gang which used stolen card data to buy thousands of event tickets through eBay-owned StubHub.


Apple talking to Visa about mobile payments - report

24 July 2014  |  10934 views  |  14

Apple is in talks with Visa as it ponders launching a mobile wallet this autumn, according to tech site The Information.

Retail banking

Online lender AvantCredit raises $75m

24 July 2014  |  2351 views  |  0

AvantCredit, a Chicago-based online consumer lender, has raised $75 million in a series c funding round led by Tiger Global Management and secured a $200 million credit facility.

Wholesale banking

University incubator companies pitch to Barclays

23 July 2014  |  3936 views  |  0

A business incubation programme run by a consortium of UK universities has been pitching promising startup companies to Barclays Bank.


PayPal brings small biz working capital programme to UK

23 July 2014  |  4164 views  |  1

PayPal is bringing its working capital programme for small business customers to the UK, offering firms cash advances against future sales.

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