Innovation

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/Innovation

'Hello. I'm on Mount Everest': Mobile banking hits highest peak

Two mountaineers have set a world record by being the first to use a mobile banking app on Mount Everest.

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ANZ and Royal Bank of Canada to engage with IBM's Watson

ANZ and Royal Bank of Canada are working with IBM to test the capabilities of Watson Engagement Advisor for crunching account data and providing clients with relevant, nuanced answers to online and mobile queries.

/Innovation

Live: EBAday 2013, day two

Payments professionals from across Europe are gathering in Berlin this week for EBAday, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

/Innovation

Square launches e-mail cash transfers; Google shutters CheckOut

Square is to move into PayPal's core territory with the invitation-only launch of a P2P email cash transfer service, dubbed Square Cash.

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Live: EBAday 2013, day one

Payments professionals from across Europe are gathering in Berlin this week for EBAday, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

/Innovation

BNP Paribas launches digital mobile bank

BNP Paribas has launched Europe's first stand-alone digital mobile bank, Hello Bank!, in Belgium and Germany.

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Google to use Gmail and Chrome assets to push Wallet uptake

With its mobile wallet struggling to gain traction on the high street, Google is to use its extensive Web assets to spur uptake, announcing a new payments API for Chrome browsers and the ability to send money as a Gmail attachment.

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US govt freezes Mt. Gox account with Dwolla

The US Department of Homeland Security has served payments start-up Dwolla with a court order telling it to stop processing transactions linked to bitcoin exchange MT. Gox.

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PayPal and Square jostle for control of the cash register

The battle for control of the merchant cash register has stepped up a gear with Square launching an iPad point-of-sale device and PayPal promising limited free payments processing to retailers that junk their old shopping tills in exchange for a feature rich iPad equivalent.

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IPC launches app development partner programme

IPC Systems has unveiled a vendor and customer app development partner programme for its Unigy trading communications platform.

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Australia's Eftpos contracts with C-Sam for mobile wallet

Eftpos Australia says it will begin mobile payments trials with selected Australian retailers in the next few months.

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UK civil servants ponder bitcoin threats - FT

UK government officials met yesterday to discuss the security and tax implications of virtual currency bitcoin, according to the Financial Times.

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Numbrs raises EUR6.1m for mobile app connecting bank accounts

Numbrs, a Swiss start-up developing a mobile money app that lets users access all their bank accounts in one place, has secured a EUR6.1 million investment from Net firm incubator Centralway.

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Amazon launches virtual currency for Kindle Fire users

Kindle Fire owners in the US have had 500 new Amazon Coins - worth a total of $5 - deposited into their accounts today to mark the launch of the virtual currency for purchasing apps, games and in-app items.

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CIBC Suretap comes to Android; Rogers gets nod for banking start-up

CIBC in Canada has expanded support for its mobile payments app from BlackBerry-only to Android devices, as wireless partner Rogers receives approval to incorporate as a bank.

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Italian cancer researchers tap into bank computing power

Italian cancer researchers are harnessing the computing power of Intesa Sanpaolo, Unicredit and payments processor SIA to help process and analyse huge quantities of genetic data.

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Level39: A place for 'grow-ups'

"Candy is compulsory." So says Eric Van der Kleij, technology entrepreneur and special adviser to Level39, the FinTech Accelerator space in Canary Wharf, as he guides the Finextra TV team on an exclusive tour of the facility.

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Barclays tunes into customer voiceprints

Barclays Wealth and Investment Management in the UK is using voice biometric technology to verify the identity of customers as they converse with call centre agents over the telephone.

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Barclaycard to move into daily deals market

Barclaycard is to move into the daily deals market with a new service which enables merchants to tap into its datasets to target consumers with tailor-made discounts and promotions.

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In-person bitcoin trading comes to New York

A small collection of bitcoin enthusiasts met in New York yesterday to drag the high-tech virtual currency back into the eighteenth century through face-to-face trading.