27 May 2015
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US authorities throw the book at Ripple Labs
Payments

US authorities throw the book at Ripple Labs

06 May 2015  |  6208 views  |  1 comments | 34 tweets | 16 linkedin

Ripple Labs has been fined $700,000 by the US Financial Crimes Enforcement Network (FinCEN) in the first successful civil enforcement action against a virtual currency exchange.

MasterCard targets startup vibe with relaxed dress code
Payments

MasterCard targets startup vibe with relaxed dress code

06 May 2015  |  5446 views  |  1 comments | 7 tweets | 6 linkedin

With Silicon Valley threatening to eat its lunch, MasterCard is hoping to bring a little startup cool to its headquarters by inviting staffers to ditch their suits for jeans and sneakers.

European lawmakers agree revised Payments Services Directive
Retail banking

European lawmakers agree revised Payments Services Directive

05 May 2015  |  18754 views  |  2 comments | 31 tweets | 29 linkedin

European lawmakers have reached an informal agreement on a revised Payment Services Directive (PSD2) designed to boost competition and innovation while improving consumer protections.

Visa preps commercial UK launch for V.me digital wallet
Payments

Visa preps commercial UK launch for V.me digital wallet

05 May 2015  |  5719 views  |  0 comments | 9 tweets | 16 linkedin

Visa Europe has secured the backing of a number of major UK banks and retailers for a widespread summer rollout of its V.me digital wallet for online shopping.

BBVA restructures to achieve 'digital transformation'
Retail banking

BBVA restructures to achieve 'digital transformation'

05 May 2015  |  7805 views  |  1 comments | 35 tweets | 23 linkedin

BBVA has named digital banking head Carlos Torres Vila as president & COO and charged him with responsibility for leading a fresh management team for which technology transformation is identified as the bank's "main strategic priority".

Goldman eyes digital banking opportunity
Retail banking

Goldman eyes digital banking opportunity

05 May 2015  |  5146 views  |  0 comments | 20 tweets | 16 linkedin

Goldman Sachs has hired former Discover card services executive Harit Telwar to head up a new digital banking unit, taking its cue from the swathes of fintech startups that are using technology-led services to penetrate one-time banking strongholds in lending to customers and small businesses.

Christian Aid encourages mobile donations with interactive TV ad
Payments

Christian Aid encourages mobile donations with interactive TV ad

05 May 2015  |  3504 views  |  0 comments | 3 tweets | 1 linkedin

Christian Aid is set to broadcast an interactive TV advert that uses audiotagging technology to make it easy for viewers to donate to the charity through their mobile phones.

US shift to EMV gathers momentum
Cards

US shift to EMV gathers momentum

04 May 2015  |  15054 views  |  1 comments | 12 tweets | 14 linkedin

America will have finally completed the shift to EMV chip cards by the end of 2017, according to a trade body set up to push the migration from magstripe plastic.

Steve Wozniak joins board of blockchain-tapping ATM startup
Virtual currency

Steve Wozniak joins board of blockchain-tapping ATM startup

04 May 2015  |  7446 views  |  2 comments | 53 tweets | 19 linkedin

Apple co-founder Steve Wozniak has joined the board of a new fintech firm promising to use the blockchain to overhaul the ATM market.

BBVA Compass taps social media for small biz ideas contest
Retail banking

BBVA Compass taps social media for small biz ideas contest

01 May 2015  |  3154 views  |  0 comments | 6 tweets | 2 linkedin

BBVA Compass has launched a contest inviting small businesses to use Twitter and Instagram to pitch for cash rewards.

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