01 April 2015

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Retail banking

MPs slam Northern Ireland bank IT systems as 'not fit for purpose'

18 March 2015  |  2776 views  |  0 comments | 2 tweets | 3 linkedin

Northern Ireland's banks have been urged by MPs to plough their profits into updating "antiquated" IT systems.

Retail banking

Facebook brings P2P payments to Messenger

17 March 2015  |  9431 views  |  8 comments | 35 tweets | 44 linkedin

American Facebook users will soon be able to send money to each other through the social network giant's Messenger app.

Wholesale banking

Wall Street heavyweights join $130m funding round for big data firm Dataminr

17 March 2015  |  3377 views  |  0 comments | 6 tweets | 5 linkedin

Some of the biggest names on Wall Street, including John Mack and Vikram Pandit, have joined a $130 million funding round for Dataminr, a startup that trawls through tweets and other data sources to create alerts for clients such as banks.

Retail banking

Akbank rolls out video banking tech in shopping mall

17 March 2015  |  3426 views  |  1 comments | 8 tweets | 7 linkedin

Turkey's Akbank is experimenting with NCR's Interactive Teller video banking technology in branches and at a shopping mall.

Cards

TfL hits million contactless taps a day mark

17 March 2015  |  4786 views  |  1 comments | 24 tweets | 18 linkedin

On a single day last week travellers on London's public transport network made more than a million taps with their contactless bank cards to get around the capital.

Mobile & online

Donations for Daffodils now contactless

17 March 2015  |  2771 views  |  0 comments | 3 tweets | 6 linkedin

The Paris-based Curie Institute is enlisting the power of contactless payments, letting people tap their card or phone to donate to its Daffodil for Curie cancer research campaign.

Payments

Intel to probe blockchain potential

17 March 2015  |  6735 views  |  0 comments | 24 tweets | 10 linkedin

Chip maker Intel is the latest tech giant to investigate the potential of blockchain technology, advertising for a cryptographic researcher to work on decentralised ledgers.

Payments

Alibaba unveils 'smile-to-pay' tech

16 March 2015  |  7050 views  |  4 comments | 26 tweets | 23 linkedin

Chinese e-commerce giant Alibaba is developing facial recognition technology that enables mobile shoppers to replace their passwords with selfies.

Cards

BMO Harris Bank introduces cardless ATM withdrawals

16 March 2015  |  5093 views  |  0 comments | 10 tweets | 9 linkedin

BMO Harris Bank has created what it claims is America's largest cardless ATM network, enabling customers to use their mobile phones to withdraw cash at 750 machines.

Retail banking

BBVA: "We are building the best digital bank of the 21st Century"

16 March 2015  |  7720 views  |  1 comments | 22 tweets | 28 linkedin

Spanish bank BBVA has set its sights on building "the best digital bank of the 21st century", according to remarks by chairman Fransisco Gonzalez at the company's annual shareholder meeting in Bilbao.

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