31 March 2015

Latest News

Retail banking

Gates Foundation issues mobile money data challenge

11 March 2015  |  4832 views  |  0 comments | 18 tweets | 9 linkedin

The Bill & Melinda Gates Foundation is continuing its push to accelerate the adoption of mobile money in the developing world by offering grants to firms that devise ways to capture data relating to the delivery and use of digital financial services.

Cards

Visa Everywhere aims to harness the startup community

11 March 2015  |  4035 views  |  1 comments | 2 tweets | 1 linkedin

Visa has issued a challenge to startups, inviting them to pitch their ideas for ways in which the card giant can market its products and services.

Payments

World First launches currency exchange app for smartwatch

11 March 2015  |  4761 views  |  0 comments | 13 tweets | 1 linkedin

UK-based currency exchange outfit World First has launched an international payments app for the Android-powered smartwatch market.

Retail banking

Alibaba advances on Europe with iwoca and ezbob tie-up

11 March 2015  |  3423 views  |  0 comments | 9 tweets | 7 linkedin

Alibaba has enlisted the help of two UK working capital startups to provide micro-financing to European firms wishing to buy from Chinese suppliers.

Mobile & online

OCBC Bank uses Apple Touch ID for account balance access

11 March 2015  |  4131 views  |  0 comments | 9 tweets | 10 linkedin

Singapore's OCBC Bank is enlisting Apple's Touch ID technology to let customers check their account balances with the press of a finger.

Security

US charges email spammers over huge data breach

11 March 2015  |  2246 views  |  0 comments | 3 tweets | 2 linkedin

US authorities have charged three men in connection with a series of hacks into email service providers that saw customers of some of the country's biggest banks spammed with messages linking to sites selling dodgy software.

Virtual currency

Abra taps the blockchain for P2P remittances

10 March 2015  |  5080 views  |  0 comments | 15 tweets | 14 linkedin

A US startup is hoping to shake up the multi-billion dollar remittance market with a mobile app that bypasses the middle men by using the bitcoin blockchain and a network of 'human ATMs'.

Retail banking

PayPal to create cyber-crime centre in Israel following CyActive acquisition

10 March 2015  |  7592 views  |  0 comments | 8 tweets | 10 linkedin

PayPal is to establish a new cyber-security centre in Tel Aviv after confirming the acquisition of local vendor CyActive

Cards

EU Parliament approves interchange fee caps

10 March 2015  |  9031 views  |  21 comments | 28 tweets | 24 linkedin

The European Parliament has voted overwhelmingly in favour of a bill to cap the interchange fees charged by card schemes for payments using credit and debit cards.

Start ups

Digital overtakes regulation as top priority for global banks

10 March 2015  |  8850 views  |  0 comments | 58 tweets | 43 linkedin

The rush to implement new digital technologies has overtaken regulatory worries as the highest priority for global banking executives, according to a new report from the Economist Intelligence Unit.

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