31 January 2015

Latest post-trade & ops news

Tech firms dealing with Chinese banks face tough new rules

6 hours ago  |  1078 views  |  0 comments | 1 tweets | 2 linkedin

New Chinese regulations mean that tech firms hoping to sign up the country's banks as customers will have to turn over their code, agree to audits and build back doors into their hardware and software.

Credit card metadata gives shoppers' identities away - research

11 hours ago  |  1411 views  |  0 comments | 2 tweets | 5 linkedin

Individuals can be identified from just four pieces of credit card metadata, researchers from the Massachusetts Institute of Technology (MIT) have found.

Coinbase runs into trouble over New York and California regulatory status

13 hours ago  |  1747 views  |  0 comments | 5 tweets | 1 linkedin

Coinbase is being sized up for a class action suit by securities litigators Tripp Levy for allegedly making false and misleading statements relating to the regulatory status of its new bitcoin exchange in New York and California.

UK P2P lending hit £1.2 billion in 2014

16 hours ago  |  2965 views  |  0 comments | 17 tweets | 9 linkedin

The peer-to-peer lending industry in the UK hit more than £1.2 billion in 2014 according to new figures released today from the Peer-to-Peer Finance Association (P2PFA).

AIB hands IT outsourcing contract to Wipro

17 hours ago  |  1336 views  |  0 comments | 2 tweets | 1 linkedin

Wipro has won a five-year IT outsourcing deal with AIB which will see 130 staff moved to the Indian tech services firm.

Power in numbers: Two Capital One staff charged for mining database to predict stock prices

18 hours ago  |  2664 views  |  2 comments | 9 tweets | 9 linkedin

Two Capital One employees have been charged with insider trading by the Securities and Exchange Commission after they mined customer transaction data to successfully predict stock performance.

Contactless payments arrive on Coronation Street

30 January 2015  |  3608 views  |  5 comments | 18 tweets | 9 linkedin

Visa Europe has signed a six-figure product placement deal with British television network ITV that will see contactless payments get high profile outings on prime-time soaps Coronation Street and Emmerdale.

Crooks net $11m in bitcoin scams - research

30 January 2015  |  2262 views  |  2 comments | 5 tweets | 2 linkedin

Scammers have duped unsuspecting victims out of at least $11 million in bitcoin over the last four years, according to researchers from Southern Methodist University, Dallas.

Bharti Airtel seeks Indian payments bank license

29 January 2015  |  2377 views  |  2 comments | 7 tweets | 4 linkedin

Indian telco Bharti Airtel says that it will apply for a payments bank license as it prepares to make a grab for the country's huge underexploited mobile banking market.

North American bank IT spending to reach $62.2 billion in 2015 - Celent

29 January 2015  |  3378 views  |  0 comments | 20 tweets | 7 linkedin

North American bank IT spending is set to grow from $59.5 billion in 2014 to $62.2 billion in 2015, as the region's banks continue to right-size their branch networks and overhaul their online and mobile channels.

MasterCard kicks off global hackathon challenge in Sydney

29 January 2015  |  2403 views  |  0 comments | 4 tweets | 2 linkedin

MasterCard has kicked off the first in a series of ten global hackathons in Sydney, where developers will compete for a place in the final and the chance to win a $100,000 grand prize

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