05 March 2015

Latest News

Retail banking

Google bids to breathe life into Wallet through telco partnership

23 February 2015  |  4620 views  |  0 comments | 21 tweets | 11 linkedin

Google is attempting to revive its flagging mobile wallet service by getting its app pre-installed on handsets sold by America's biggest telcos. In addition, the firm is buying technology from its telco-owned rival, Softcard, which looks set to be killed off.

Retail banking

European alternative finance market breaks EUR2 billion barrier

23 February 2015  |  3678 views  |  0 comments | 14 tweets | 3 linkedin

The European alternative finance market as a whole grew by 144% last year – from €1,211m in 2013 to €2,957m in 2014, according to benchmarking research by the University of Cambridge.

Retail banking

Citi brings Mobile Challenge to Emea

23 February 2015  |  3523 views  |  0 comments | 7 tweets | 11 linkedin

As part of its Digital Acceleration Programme, Citi has invited entries from teams across Europe, the Middle East, and Africa for the next stage of its mobile development challenge.

Mobile & online

Finextra Leadership: Tangerine's direct banking pioneer

23 February 2015  |  4067 views  |  0 comments | 5 tweets | 3 linkedin

As chief information officer at Canadian direct bank Tangerine, Charaka Kithulegoda is at the forefront of the drive to take financial services mobile. He talks to Finextra about how technology is changing the banking landscape.

Wholesale banking

FinTech Acquisition Corp builds $100 million war chest

20 February 2015  |  5164 views  |  0 comments | 9 tweets | 3 linkedin

A shell company formed for the purpose of acquiring a foothold in the hot fintech space has raised a $100 million war chest through an issue of ten million shares.

Payments

American Express to appeal against antitrust ruling

20 February 2015  |  4795 views  |  0 comments | 3 tweets | 6 linkedin

American Express is to appeal a US Federal Court ruling that its exclusivity conditions constitute an unlawful restraint of trade, contending that the judgment would harm competition by further entrenching the two dominant payment networks, Visa and MasterCard.

Virtual currency

Stripe offers bitcoin payments through a single line of code

20 February 2015  |  4290 views  |  0 comments | 8 tweets | 6 linkedin

Digital payments upstart Stripe has added support for bitcoin, enabling merchants to accept the crypto-currency through just a single line of code.

Retail banking

Branches hold strong in face of digital onslaught - FDIC

20 February 2015  |  6117 views  |  2 comments | 20 tweets | 8 linkedin

Despite the rise of online and mobile banking, there has been only a modest decline in the number of branches in the US over the last few years, according to research from the Federal Deposit Insurance Corporation (FDIC).

Security

Russian national charged in largest known data breach extradited to the US

19 February 2015  |  3894 views  |  0 comments | 4 tweets | 2 linkedin

A Russian national has appeared in federal court in Newark after being extradited from the Netherlands to face charges that he conspired in the largest international hacking and data breach scheme ever prosecuted in the United States.

Risk & regulation

FCA to probe investment and corporate banking competition

19 February 2015  |  4306 views  |  0 comments | 2 tweets | 2 linkedin

The Financial Conduct Authority (FCA) is to launch its first wholesale market study into investment and corporate banking to assess whether competition in the sector is working properly.

Previous 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 Next