31 July 2015

Latest post-trade & ops news

George Galloway proposes 'MayorsChain' to track city finances

George Galloway proposes 'MayorsChain' to track city finances

12 hours ago  |  2082 views  |  0 comments | 6 tweets | 4 linkedin

Radical anti-establishment politician and prospective London mayoral candidate George Galloway is proposing to use the blockchain to track the capital's $17 billion budget in real time.

Will Uber be the Uber of banking?

Will Uber be the Uber of banking?

13 hours ago  |  3874 views  |  1 comments | 24 tweets | 21 linkedin

The Uber of banking might well turn out to be....Uber, as the darling of the startup scene ditches banking partner Santander to set up its own car financing arm.

MasterCard to connect Europe to Samsung Pay

MasterCard to connect Europe to Samsung Pay

13 hours ago  |  3237 views  |  1 comments | 14 tweets | 7 linkedin

Samsung has struck a deal with MasterCard to connect European card issuers to the handset manufacturer's forthcoming mobile payments service.

Commerzbank venture fund invests in iwoca

Commerzbank venture fund invests in iwoca

14 hours ago  |  1431 views  |  0 comments | 6 tweets | 3 linkedin

The venture capital arm of Germany's CommerzBank has joined in a $20m funding round for UK-based SME lending platform iwoca.

David Cameron backs UK fintech manifesto

David Cameron backs UK fintech manifesto

15 hours ago  |  1998 views  |  0 comments | 10 tweets | 10 linkedin

UK Prime Minister David Cameron has lent his support to a fintech manifesto issued by industry think tank Innovate Finance which lays down a bold vision for the country to become a dominant force in financial technology investment and job creation globally.

UK banks failing to learn lessons from Libor scandal - FCA

UK banks failing to learn lessons from Libor scandal - FCA

29 July 2015  |  2439 views  |  2 comments | 9 tweets | 4 linkedin

The UK's banks have failed to learn the lessons from a wave of scandals over rigging of financial benchmarks says the Financial Conduct Authority in a damning report on the industry's response to evidence of widescale market abuses.

Bank branches key to fending off digital challengers - IDC

Bank branches key to fending off digital challengers - IDC

29 July 2015  |  4214 views  |  11 comments | 18 tweets | 26 linkedin

Digital evangelists predicting the demise of the bank branch could be in for a rude awakening, according to a new study from IDC Financial Insights which pitches the much-derided bricks and mortar outlet as the fulcrum of a healthy bank-to-customer relationship strategy.

ING Bank introduces voice-activated mobile payments

ING Bank introduces voice-activated mobile payments

29 July 2015  |  7021 views  |  0 comments | 24 tweets | 26 linkedin

ING Bank in the Netherlands is introducing voice-activated payments through its mobile app, enabling customers to authorise transactions by conversing with a virtual assistant on their phone.

National Australia Bank launches $50 million venture fund

National Australia Bank launches $50 million venture fund

29 July 2015  |  4241 views  |  0 comments | 11 tweets | 10 linkedin

National Australia Bank is to establish a $50 million venture fund to invest in startups with fresh ideas in mobile banking, payments and data and analytics.

Payments and capital markets sectors dominate fintech M&A activity

Payments and capital markets sectors dominate fintech M&A activity

29 July 2015  |  5654 views  |  0 comments | 16 tweets | 17 linkedin

There were 192 fintech mergers and acquisitions worth a total of $18.9 billion in the first half of 2015, according to research from investment bank Berkery Noyes.

Hong Kong telco HKT launches SIM-based mobile wallet

Hong Kong telco HKT launches SIM-based mobile wallet

28 July 2015  |  3522 views  |  0 comments | 7 tweets | 5 linkedin

Hong Kong network operator HKT has launched Tap & Go, a SIM-based mobile payments service for online, P2P and contactless instore transactions.

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