25 May 2013

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Security

US charges eight over $45m ATM theft

10 May 2013  |  3778 views  |  2

US authorities have charged eight people with taking part in two cyber-attacks that saw card data stolen from payment processors and used to withdraw $45 million from ATMs around the world.

Wholesale banking

Italian cancer researchers tap into bank computing power

09 May 2013  |  1652 views  |  0

Italian cancer researchers are harnessing the computing power of Intesa Sanpaolo, Unicredit and payments processor SIA to help process and analyse huge quantities of genetic data.

Retail banking

Google Wallet chief Bedier quits

09 May 2013  |  4247 views  |  1

The head of Google Wallet, Osama Bedier, has quit after two years in the job during which the mobile payments operation has failed to take off.

Wholesale banking

Wikipedia page views can predict markets - study

09 May 2013  |  2078 views  |  0

How often a company's Wikipedia page is viewed could help predict movements in its stock price, a newly published academic paper suggests.

Security

Nigeria to roll out multi-purpose national ID and payment cards

09 May 2013  |  2721 views  |  1

The Nigerian government has commenced the roll out of 13 million MasterCard-branded National Identity Smart Cards with biometric and electronic payment capability as a pilot programme.

Retail banking

Level 39: A place for 'grow-ups'

09 May 2013  |  3420 views  |  0

"Candy is compulsory." So says Eric Van der Kleij, technology entrepreneur and special adviser to Level 39, the FinTech Accelerator space in Canary Wharf, as he guides the Finextra TV team on an exclusive tour of the facility.

Retail banking

Barclays tunes into customer voiceprints

08 May 2013  |  3225 views  |  0

Barclays Wealth and Investment Management in the UK is using voice biometric technology to verify the identity of customers as they converse with call centre agents over the telephone.

Payments

EU proposes bank account switching Directive

08 May 2013  |  2860 views  |  1

The European Commission is proposing new rules to make it easier for consumers to compare bank account fees and switch to another provider.

Retail banking

Sainsbury's acquires full control of banking arm; hires FIS as core provider

08 May 2013  |  2528 views  |  1

UK supermarket chain Sainsbury's has confirmed its intention to assume full control of its banking operations and has hired US-based FIS as its chief technology partner.

Retail banking

Barclaycard to move into daily deals market

08 May 2013  |  4825 views  |  1

Barclaycard is to move into the daily deals market with a new service which enables merchants to tap into its datasets to target consumers with tailor-made discounts and promotions.

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