25 May 2013
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Retail banking

MasterCard makes headway in social media monitoring

03 May 2013  |  4718 views  |  2

MasterCard is reporting positive results from a year-long global social media monitoring campaign, tapping into conversations across 43 markets worldwide to gain insights and drive its business strategy.

Security

Bitcoin exchange TradeHill boosts security with miiCard

02 May 2013  |  3751 views  |  0

Recently-reopened US bitcoin exchange Tradehill has moved to beef up its security through a partnership with online identity verification start-up miiCard.

Retail banking

ING Direct backs Oz crowdfunding platform for social entrepreneurs

02 May 2013  |  2364 views  |  0

The Australian arm of banking giant ING has teamed up with social innovation crowdfunding specialist StartSomeGood to launch Dreamstarter, a platform for entrepreneurs looking to raise money for socially useful projects.

Retail banking

Square raids PayPal for retail expertise as POS terminal business builds

02 May 2013  |  3919 views  |  0

Mobile POS outfit Square has raided rival PayPal to appoint a new head of retail partnerships as the company reports fast growth in the tablet point-of-sale terminal market.

Retail banking

Google buys minority stake in Lending Club

02 May 2013  |  2499 views  |  2

Google has become a minority stake-holder in Lending Club after leading a $125 million deal to buy a share in the peer-to-peer loan specialist from existing investors.

Trade execution

CME Group vows to tackle loophole being tapped by HFT firms

01 May 2013  |  2257 views  |  0

CME Group says that it is working to close the time gap that sometimes exists between customers receiving trade confirmations and the information appearing in public data feeds after the Wall Street Journal reported that high-speed traders are exploiting the lag.

Retail banking

Corporate treasuries are in danger of losing the Sepa momentum

01 May 2013  |  2827 views  |  1

Anne Coghlan, head of group treasury at Dyson, discusses how her organisation is redirecting attention towards complying with the single euro payments area as the industry prepares for the 2014 end dates.

Wholesale banking

Court backs exchanges in market data pricing case

01 May 2013  |  1717 views  |  0

A US appeals court has ruled in favour of Nyse Euronext and Nasdaq OMX in their battle with Internet and securities industry associations over market data fees.

Retail banking

Diebold posts Q1 net loss; cuts 700 jobs

01 May 2013  |  7456 views  |  0

Struggling ATM manufacturer Diebold is axing around 700 jobs, mostly in North America, as part of a 'realignment plan' designed to save up to $150 million.

Payments

Dwolla secures new $16.5 million funding round

01 May 2013  |  2573 views  |  1

Payments start-up Dwolla has secured a $16.5 million funding round led by Andreesen Horowitz as it bids to develop a cheaper alternative to bank-owned payment networks and card schemes.

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