31 July 2015

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Dyre malware targets Spanish banks
Retail banking

Dyre malware targets Spanish banks

15 July 2015  |  4746 views  |  0 comments | 11 tweets | 7 linkedin

Cyber-crooks behind the notorious Dyre malware have set their sights on customers of 17 Spanish banks, researchers from IBM Security’s X-Force team have warned.

Nuclear agreement sees Iran return to Swift fold
Wholesale banking

Nuclear agreement sees Iran return to Swift fold

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

Iran's banks are to be allowed to reconnect to the Swift financial messaging network as part of a deal that sees the country limit its nuclear activity in exchange for an end to economic sanctions.

Singaporean fintech startups enepath and fastacash secure funding
Mobile & online

Singaporean fintech startups enepath and fastacash secure funding

14 July 2015  |  4568 views  |  0 comments | 9 tweets | 3 linkedin

The Singaporean fintech community has been boosted by new venture investments in local startups enepath and fastacash.

UK banks drag their feet as Apple Pay opens for business
Payments

UK banks drag their feet as Apple Pay opens for business

14 July 2015  |  10745 views  |  11 comments | 25 tweets | 24 linkedin

The UK launch of Apple Pay seems to have caught some of the country's biggest banks by surprise with only Nationwide, NatWest, Royal Bank of Scotland, Ulster Bank and Santander ready on day one.

Big data privacy startup Privitar attracts heavyweight investors
Retail banking

Big data privacy startup Privitar attracts heavyweight investors

14 July 2015  |  6809 views  |  0 comments | 17 tweets | 10 linkedin

Privitar, a UK startup promising to help banks and others make the most of big data while ensuring customer information is kept private, has raised more than $1 million in a seed funding round joined by two former Thomson Reuters CEOs.

Bitcoin incubator opens in Chicago
Payments

Bitcoin incubator opens in Chicago

14 July 2015  |  4273 views  |  0 comments | 11 tweets | 3 linkedin

A collective of Chicago-based entrepreneurs and investors have opened an incubator for bitcoin- and blockchain-focused startups.

Swift offers grant for research into the blockchain in securities markets
Wholesale banking

Swift offers grant for research into the blockchain in securities markets

13 July 2015  |  6396 views  |  0 comments | 19 tweets | 6 linkedin

The Swift Institute is offering up a EUR15,000 grant for research into the development of blockchain technology for use in securities markets.

High street banks beating new entrants for consumer trust
Retail banking

High street banks beating new entrants for consumer trust

13 July 2015  |  5546 views  |  3 comments | 20 tweets | 22 linkedin

Consumers still trust traditional high street banks more than alternatives such as supermarket banks, challenger banks or technology companies, according to research from MoneySuperMarket.

Halifax makes switching a snap
Retail banking

Halifax makes switching a snap

13 July 2015  |  4459 views  |  0 comments | 14 tweets | 10 linkedin

Consumers looking to switch bank accounts to Halifax can now speed up the process by uploading a photo of their debit card from their smartphone or tablet.

UK Government names Eileen Burbidge as 'special envoy' for fintech
Retail banking

UK Government names Eileen Burbidge as 'special envoy' for fintech

13 July 2015  |  5408 views  |  1 comments | 36 tweets | 27 linkedin

The UK Government has appointed Passion Capital's Eileen Burbidge as a 'special envoy' for fintech, to champion innovation in financial services across the UK and at an international level.

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