04 May 2015

Latest News

Retail banking

BBVA buys UX firm Spring Studio

16 April 2015  |  9144 views  |  0 comments | 39 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".

Retail banking

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

15 April 2015  |  3214 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.

Payments

Discover lets users freeze their misplaced cards

15 April 2015  |  3449 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.

Payments

AmEx and Jawbone team on fitness band payments

15 April 2015  |  2785 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.

Payments

NCR bids to disrupt the cash machine

15 April 2015  |  6144 views  |  1 comments | 24 tweets | 22 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  |  4243 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.

Mobile & online

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

15 April 2015  |  4807 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  |  7966 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.

Transaction banking

Swift Business Forum, Canada - live blog

14 April 2015  |  3089 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.

Retail banking

Digital and core renewal to drive bank IT budget growth

14 April 2015  |  6116 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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