Innovation

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/Innovation

CommBank looks for 'Signals' from consumer spending data

Australia's CommBank has launched a site that pools transactional data to give consumers insight into spending patterns and lifestyle trends.

/Innovation

Stripe begins UK beta trial

American payments start-up Stripe has made its way across the Atlantic, launching a closed UK beta ahead of a wider European rollout.

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Geeks descend on Canary Wharf for fintech hackathon

Financial technology lovers will make their way to the Level39 site in London's Canary Wharf later this month for a day-long hackathon organised by Open Bank Project parent Tesobe.

/Innovation

MT. Gox and CoinLab team up for US Bitcoin push; Silicon Valley Bank onboard

The world's biggest Bitcoin exchange, MT. Gox, has inked a deal that will see Silicon Valley-based CoinLab handle its North American operations.

/Innovation

Consumers remain resistant to digital banking aspirations

A YouGov poll of consumer attitudes to the introduction of portable bank account numbers has unearthed an underlying distrust of social and mobile technologies and a clear preference for human-to-human interaction via the branch, the call centre and the Web.

/Innovation

Digital to overtake branch for transactions by May - NAB

NAB customers are set to hit a digital landmark in a couple of months, making more transactions online and through their phones than in branches, predicts the Australian bank.

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JPMorgan taps Apprenda platform-as-a-service for application portfolio

JPMorgan Chase has selected 'platform-as-a-service' vendor Apprenda to develop, deliver and manage its portfolio of internal applications, custom-built in .NET and Java.

/Innovation

PayPal co-founder Levchin launches m-commerce firm

PayPal co-founder Max Levchin has launched a mobile money company which aims to make it easier for online shoppers to complete purchases.

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Foursquare signs Visa and MasterCard for check-in discounts

Location-based social networking outfit Foursquare has struck a deal with Visa and MasterCard that will see cardholders receive discounts for checking in at certain retailers.

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MasterCard Mobile Payments Global Symposium - Live blog

Catch up with all the news from the MasterCard Mobile Payments Global Symposium at the Mobile World Congress in Barcelona on Tuesday.

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MasterCard unveils MasterPass digital payments service

MasterCard has unveiled MasterPass, a digital service that lets customers use any card or enabled handset to shop online and in the real world.

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MasterCard Morning Brew at Mobile World Congress

MasterCard offers a preview of their mobile payments offerings prior to Mobile World Congress in Barcelona.

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WorldPay gears up for the launch of its micro merchant payments service

Geraldine Wilson, MD Micro Merchants at WorldPay talks with Finextra about the pilot and the planned Summer launch of their Pay As You Go card acceptance service.

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PayPal Here gets chip and PIN for UK launch

Setting its sights on the European market, PayPal has unveiled a chip and PIN version of its dongle for turning mobile phones into card payment terminals.

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Belgian firm launches QR code-based P2P payments app

Belgium-based payments outfit Bancontact/Mister Cash has unveiled a mobile app that taps QR codes to let users send money to each other.

/Innovation

Debit cards usurp cash but mobile will soon rule

The debit card may have usurped cash in the UK over the last decade but it could be supplanted itself within years by the mobile phone, predicts the Payments Council.

/Innovation

Wells Fargo overhauls ATMs for personalised service

US bank Wells Fargo has revamped its ATM interface to give customers a more personalised and simplified experience.

/Innovation

Barclays taps BT for free in-branch Wi-Fi

Barclays has teamed up with BT to become the first major UK high street bank to introduce free Wi-Fi for customers in its 1500 branches.

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BBVA Compass launches NBA-branded online account

BBVA Compass has set its sights on basketball fans with an NBA-branded online account built on its new core technology platform.

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IBM on the customer-centric model

Mike Hobday, banking practice leader, IBM Global Business Services, UK and Ireland on the challenges banks face when creating a customer-centred business model.