28 April 2015

Latest News

Retail banking

BBVA buys UX firm Spring Studio

16 April 2015  |  8802 views  |  0 comments | 38 tweets | 17 linkedin

BBVA had bought San Francisco-based user-experience and design outfit Spring Studio as it continues to aggressively pursue its stated aim of becoming the "best digital bank of the 21st century".

Payments

Payment processor raises minimum wage to $70,000 a year

15 April 2015  |  3032 views  |  4 comments | 3 tweets | 6 linkedin

The founder of Gravity Payments has pledged to boost the minimum wage for his 120-strong team to $70,000 a year, funding the generous bump in part by slashing his own pay.

Security

Discover lets users freeze their misplaced cards

15 April 2015  |  3289 views  |  2 comments | 6 tweets | 9 linkedin

Discover has introduced a security feature that lets people who misplace their credit cards freeze their accounts from their mobile phones.

Retail banking

AmEx and Jawbone team on fitness band payments

15 April 2015  |  2713 views  |  0 comments | 8 tweets | 4 linkedin

American Express is teaming up with Jawbone to let people make contactless payments from their fitness tracker wearable devices.

Cards

NCR bids to disrupt the cash machine

15 April 2015  |  5886 views  |  1 comments | 24 tweets | 21 linkedin

NCR has launched a cloud-based ATM operating platform that the vendor claims can eliminate malware and reduce total cost of ownership by up to 40%.

Retail banking

British businesses battling epidemic of CNP fraud

15 April 2015  |  4106 views  |  1 comments | 15 tweets | 16 linkedin

British businesses were hit by card fraud once every 20 seconds in March, with small businesses being the most popular targets.

Payments

Barclays 'Blue Rewards' push more customers to online and mobile

15 April 2015  |  4585 views  |  1 comments | 13 tweets | 19 linkedin

Barclays Bank has launched a digital 'Rewards Wallet' that will pay customers cash to recognise and reward their relationship with the bank.

Retail banking

UK banks covering up cybercrime losses - City of London Police

14 April 2015  |  7738 views  |  14 comments | 27 tweets | 14 linkedin

A widely-held suspicion that UK banks are covering up the true scale of cybercrime has been confirmed by the City of London Police chief Adrian Leppard, who says that up to 80% of online crime goes unreported to the authorities.

Retail banking

Swift Business Forum, Canada - live blog

14 April 2015  |  2977 views  |  0 comments | 1 tweets | 4 linkedin

Welcome to Finextra's live coverage of the Swift Business Forum in Toronto. This year’s conference, on the theme 'expect the unexpected' will explore how firms are using technology and new ways of thinking to better prepare for an unpredictable future.

Mobile & online

Digital and core renewal to drive bank IT budget growth

14 April 2015  |  5926 views  |  0 comments | 33 tweets | 29 linkedin

Global retail banking IT spend is set to reach $131 billion by the end of 2015, driven largely by investment in mobile and digital channels and core platform renewal, according to figures from analyst house Ovum.

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