06 March 2015

Latest News

Wholesale banking

Hackers nab $1 billion in global cyber heist

16 February 2015  |  5898 views  |  0 comments | 11 tweets | 12 linkedin

Up to a billion dollars may have been plundered from 100 banks worldwide in an unprecedented cyber heist by a gang of unknown hackers, according to a report by Kaspersky Lab.

Security

Finextra Future Money returns for 2015

16 February 2015  |  5772 views  |  1 comments | 6 tweets | 4 linkedin

Created as the premier event bringing both the most innovative minds in banking together with the exploding FinTech community, Finextra Future Money returns to London on April 21 and 22 for an exciting two day event.

Retail banking

MasterCard to spend heavily on biometrics and cyber protection

13 February 2015  |  10323 views  |  0 comments | 27 tweets | 23 linkedin

MasterCard says it will invest an additional $20 million in cyber-security measures this year, including biometric protection for mobile apps, and early warning alerts on potential threat vectors.

Cards

Comedians go contactless for Red Nose Day

13 February 2015  |  5628 views  |  1 comments | 8 tweets | 5 linkedin

Brits will be able to make a donation to Comic Relief this year by tapping their contactless cards against statues of some of the country's best know comedians.

Retail banking

Visa launches mobile location service to cut declined card payments

13 February 2015  |  11096 views  |  8 comments | 27 tweets | 34 linkedin

In an effort to cut unnecessary purchase declines, Visa is set to start identifying cardholders when they make purchases on their travels through mobile phone geo-location data.

Retail banking

Québec regulator tells bitcoin firms to apply for licenses

12 February 2015  |  4627 views  |  0 comments | 9 tweets | 8 linkedin

Firms operating bitcoin ATMs and trading platforms in Québec have been told that they must obtain a license from the Canadian province's Autorité des marchés financiers (AMF).

Retail banking

CommBank buys South African tech outfit Tyme

12 February 2015  |  4157 views  |  0 comments | 9 tweets | 4 linkedin

Commonwealth Bank of Australia is on the prowl for tech acquisitions after paying A$40 million for South African digital banking outfit Take Your Money Everywhere (Tyme).

Mobile & online

Rabobank rolls out mobile wallet

12 February 2015  |  8062 views  |  9 comments | 16 tweets | 17 linkedin

Rabobank has rolled out a mobile wallet on the embedded Secure Element of Samsung Galaxy S4 and Samsung Note 3 phones.

Security

More than one billion records compromised by data breaches in 2014

12 February 2015  |  5693 views  |  0 comments | 19 tweets | 20 linkedin

Data breaches increased 49% in 2014 to one billion data records compromised, with cybercriminals targeting identity theft as a top breach category, according to research by Gemalto.

Wholesale banking

London tech sector attracts record US investment

11 February 2015  |  5895 views  |  0 comments | 20 tweets | 11 linkedin

London tech firms attracted nearly $800 million from US investors last year, with the fintech sector at the fore, according to figures compiled for the city's mayor, Boris Johnson.

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