28 July 2014

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Latest transaction banking news

New fintech fund targets emerging markets

4 hours ago | 929 views | 0

Anthemis Group's Udayan Goyal has teamed up with private equity veteran Matteo Stefanel in a bid to raise $250 million for a growth fund targeting fintech startups in the developing world. Finextra spoke to Goyal about the fund.

PayPal hits the high street in Holland

5 hours ago | 1565 views | 0

Shoppers in the Netherlands can now use their PayPal accounts to order ahead and pay for goods and services at 1500 high street locations through a partnership with Rabobank-backed MyOrder

Doom on an ATM

6 hours ago | 1272 views | 0

A team of Australian geeks have rigged up an ATM to play popular shoot-'em-up action game Doom.

Dancing with Unicorns: Top VCs ramp up fintech investment activity

7 hours ago | 1051 views | 0

Fintech deal activity by the world's biggest venture capital firms has grown 61% from 2010 to 2013, according to data from CB Insights.

Digital bank Holvi preps Irish launch

25 July 2014 | 3074 views | 0

Holvi, the Finnish digital banking startup targeting small businesses, has hired former SumUp exec Thomas O'Reilly as it prepares to enter the Irish market next month.

Contactless payments to arrive on London's Tube in September

25 July 2014 | 4641 views | 0

Londoners will soon be able to pay for journeys on the tube, DLR and overground with their contactless bank cards and mobile phones.

USAA enlists IBM's Watson to help military personnel transition to civilian life

25 July 2014 | 2838 views | 1

Online army bank USAA has begun using IBM's Watson cognitive computing platform to help military personnel ease back into civilian life.

Barclays seeks dismissal of NY Attorney General's dark pool lawsuit

24 July 2014 | 2289 views | 1

Barclays has filed a motion seeking to throw out a lawsuit from the New York Attorney General accusing the bank of deceptively luring unwary investors to a dark pool that was actually being run for the benefit of predatory high-frequency traders.

European Central Bank site hacked

24 July 2014 | 3455 views | 0

Crooks have hacked the European Central Bank's website, stealing contact data and demanding a ransom for its return.

Police make StubHub cybercrime ring arrests

24 July 2014 | 2371 views | 0

New York authorities have charged six people accused of being part of an international criminal gang which used stolen card data to buy thousands of event tickets through eBay-owned StubHub.

Apple talking to Visa about mobile payments - report

24 July 2014 | 8470 views | 13

Apple is in talks with Visa as it ponders launching a mobile wallet this autumn, according to tech site The Information.

Online lender AvantCredit raises $75m

24 July 2014 | 1760 views | 0

AvantCredit, a Chicago-based online consumer lender, has raised $75 million in a series c funding round led by Tiger Global Management and secured a $200 million credit facility.

University incubator companies pitch to Barclays

23 July 2014 | 2871 views | 0

A business incubation programme run by a consortium of UK universities has been pitching promising startup companies to Barclays Bank.

PayPal brings small biz working capital programme to UK

23 July 2014 | 3205 views | 1

PayPal is bringing its working capital programme for small business customers to the UK, offering firms cash advances against future sales.

Iress introduces Twitter market data service

23 July 2014 | 1955 views | 0

Fintech vendor Iress is promising to bring market data to the masses through a tool that allows people to request share process information through Twitter.

Amazon sneaks out wallet app

22 July 2014 | 6176 views | 2

Amazon has taken another tentative step into the world of offline commerce through the launch of a mobile wallet app where customers can store loyalty and gift cards.

Swift signs more banks to KYC Registry

22 July 2014 | 3434 views | 0

Interbank messaging network Swift has signed up another six major banks to its KYC Registry initiative as it gears up for a launch at the end of this year.

Ex-Google Wallet boss Bedier becomes PayRange director

22 July 2014 | 3602 views | 1

Former Google Wallet chief Osama Bedier has turned up as a director at PayRange, a startup that builds dongles that can be attached to vending machines to enable them to accept mobile payments.