01 April 2015

Latest trade execution news

Santander invests in Android OS maker Cyanogen; preps cycle-thru branches?

4 hours ago  |  1200 views  |  1 comments | 3 tweets | 4 linkedin

Santander's fintech venture fund has joined an $80 million financing round for Android operating system outfit Cyanogen.

Former Goldman programmer faces second trial over HFT code theft

7 hours ago  |  1032 views  |  0 comments | 1 tweets | 1 linkedin

Sergey Aleynikov, the former Goldman Sachs programmer who had a conviction for stealing the bank's propriety HFT code overturned is back on trial on charges related to the same incident.

Crowdfunding market to hit $34.4 billion in 2015

12 hours ago  |  2064 views  |  0 comments | 15 tweets | 6 linkedin

Global crowdfunding is set to double this year with the amount raised hitting $34.4 billion, says a new report from Massolution Research.

New Zealand mobile wallet JV launches

22 hours ago  |  2688 views  |  2 comments | 9 tweets | 10 linkedin

Some of New Zealand's biggest banks and telcos have joined forces to launch Semble, a SIM-based NFC mobile payments service.

Apple Pay users running into checkout problems - survey

31 March 2015  |  5013 views  |  7 comments | 12 tweets | 15 linkedin

Apple Pay may be boasting impressive adoption rates but two thirds of people who use the system have run into problems at the checkout, according to a survey from Phoenix Marketing International (PMI).

CBA unveils Albert tablet payment device

31 March 2015  |  3461 views  |  0 comments | 6 tweets | 9 linkedin

Commmonwealth Bank of Australia is making a move into the point-of-sale hardware market, teaming up with German tech firm Wincor Nixdorf and Ideo to launch a seven inch Android based tablet system dubbed Albert.

Snapchat posts sees RBS investment bank head ousted

31 March 2015  |  4584 views  |  1 comments | 8 tweets | 3 linkedin

Rory Cullinan has resigned as head of RBS' investment bank after a series of messages he posted on social media app Snapchat were published in the Sun newspaper in the UK, according to the FT.

Canada's D+H agrees $1.25bn Fundtech acquisition

31 March 2015  |  3639 views  |  0 comments | 5 tweets | 21 linkedin

Canadian financial technology firm D+H is to buy transaction banking vendor Fundtech for $1.25 billion in cash, subject to regulatory approvals.

Westpac launches online SME tools

31 March 2015  |  2390 views  |  0 comments | 6 tweets | 6 linkedin

Westpac has launched a Live Online Lending Application (Lola) to help small to medium sized enterprises apply for loans and a MyBusiness Assist platform to help businesses plan, manage and finance their firms more easily.

MasterCard strengthens Silicon Valley outpost

31 March 2015  |  2726 views  |  0 comments | 4 tweets | 3 linkedin

In an effort to embed itself more firmly within Silicon Valley, MasterCard is relocating its emerging merchants team to its San Carlos Center of Excellence.

Sydney fintech hub opens

31 March 2015  |  3029 views  |  0 comments | 5 tweets | 4 linkedin

Australian EFTPOS outfit Tyro Payments is opening a fintech hub in Sydney where startups can rent deskspace.

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