04 August 2015

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Hackers threaten to expose users of adultery site Ashley Madison
Retail banking

Hackers threaten to expose users of adultery site Ashley Madison

20 July 2015  |  3086 views  |  0 comments | 4 tweets | 4 linkedin

Hackers have breached the systems of Ashley Madison, a dating website for would-be adulterers, and are threatening to publish the personal information, including credit card transaction details, of millions of users.

PayPal value hits $50 billion on market debut
Mobile & online

PayPal value hits $50 billion on market debut

20 July 2015  |  6236 views  |  0 comments | 27 tweets | 18 linkedin

Shares in PayPal rose around five per cent on its first morning of trading back on the Nasdaq following its separation from eBay, valuing the firm at around $50 billion, considerably more than its former parent.

NCR stock rises amid new buyout rumours
Retail banking

NCR stock rises amid new buyout rumours

20 July 2015  |  2591 views  |  0 comments | 4 linkedin

ATM manufacturer NCR enjoyed a significant rise in its share price last week after Reuters reported that a private equity firm was planning a $9 billion bid for the company.

Former Google exec launches fintech startup
Start ups

Former Google exec launches fintech startup

20 July 2015  |  4433 views  |  0 comments | 14 tweets | 5 linkedin

A startup offering free credit checks has been launched by the former managing director of Google UK, Dan Cobley.

Faster Payments a factor in switching bank accounts - survey
Mobile & online

Faster Payments a factor in switching bank accounts - survey

20 July 2015  |  4754 views  |  4 comments | 14 tweets | 14 linkedin

Connection to the Faster Payments Service could be a deciding factor for Brits looking to switch bank account providers, according to a survey commissioned by ACI Worldwide.

FCA boss to step down
Risk & regulation

FCA boss to step down

17 July 2015  |  3673 views  |  0 comments | 6 tweets | 4 linkedin

Martin Wheatley, chief executive of the Financial Conduct Authority (FCA), the UK banking watchdog, has announced his resignation.

Bitcoin capital investment surpasses 2014 levels
Virtual currency

Bitcoin capital investment surpasses 2014 levels

17 July 2015  |  3875 views  |  0 comments | 6 tweets | 4 linkedin

The 2015 level of venture capital (VC) investment in bitcoin companies has already exceeded the amount invested in 2014 with almost six months of the year still remaining.

ING opens Belgium fintech accelerator; mistakenly blocks Dutch user from bitcoin
Start ups

ING opens Belgium fintech accelerator; mistakenly blocks Dutch user from bitcoin

17 July 2015  |  4915 views  |  0 comments | 6 tweets | 3 linkedin

On the day ING’s Belgian arm burnished its innovation credentials with the launch of a fintech accelerator, an overzealous staffer across the border at the bank’s Dutch unit did their best to undermine the effort by mistakenly blocking a customer from buying bitcoins.

EU court advisor says bitcoin should be exempt from VAT
Payments

EU court advisor says bitcoin should be exempt from VAT

17 July 2015  |  4338 views  |  0 comments | 12 tweets | 2 linkedin

Cryptocurrencies such as bitcoin should be exempt from value-added tax (VAT), according to a European Court of Justice lawyer.

TfL warns Apple Pay users of fines for flat batteries
Payments

TfL warns Apple Pay users of fines for flat batteries

17 July 2015  |  11770 views  |  18 comments | 38 tweets | 24 linkedin

Transport for London is warning Apple Pay users that they could end up paying over the odds for tube journeys if their iPhone batteries run flat.

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