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Disruptive clouds gather over banking technology market

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Disruptive clouds gather over banking technology market

Software developer Misys has announced a strategic alliance with Microsoft that will enable it to deliver new banking and capital markets applications through the Windows Azure cloud platform. The launch of the initiative comes as leading banks at the Sibos conference in Amsterdam discuss the disruptive potential of cloud computing on the banking technology market.

Sibos kicks off with call for innovation

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Sibos kicks off with call for innovation

Swift CEO Lázaro Campos has launched the banking co-operative's annual Sibos conference by calling for more innovation from bankers and technologists.

ING securities services operation bids for post-trade STP with Information Mosaic

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ING securities services operation bids for post-trade STP with Information Mosaic

ING Bank's custody unit is to install the IMConnecting post-trade information management system from Information Mosaic in Central and Eastern Europe as it bids to streamline data flows and mitigate risks across its European operations.

Standard Chartered comp seeks 'world's coolest intern' to join social media team

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Standard Chartered comp seeks 'world's coolest intern' to join social media team

Standard Chartered Bank has launched an online competition in Singapore to find "the world's coolest intern" to help run its social media platforms.

Morgan Stanley fires 'social networking' software developer

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Morgan Stanley fires 'social networking' software developer

A Morgan Stanley software developer who tried to set up an offline social network on his commute to work has been fired after his enterprise was picked up on and reported by the Wall Street Journal.

Deutsche Bank brings social media to global transaction banking with 'Drive DB!' campaign

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Deutsche Bank brings social media to global transaction banking with 'Drive DB!' campaign

Deutsche Bank's global transaction business unit is introducing an online community forum where clients can engage with bank staff in the development of new products.

Third of Emea banks have no Gen Y strategy - survey

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Third of Emea banks have no Gen Y strategy - survey

Despite the growing economic importance of Generation Y customers, nearly a third of banks in Europe the Middle East and Africa have yet to establish an active, dedicated strategy for marketing to and serving them, according to research from Oracle Financial Services and Efma.

Gifi iPhone app lets users leave money for Foursquare friends

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Gifi iPhone app lets users leave money for Foursquare friends

Social payments start-up Venmo has launched an iPhone app that lets users leave money for people at Foursquare check-in locations.

Finextra makes Sibos first with B2B social media simicast

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Finextra makes Sibos first with B2B social media simicast

Finextra is to host a special panel at this year's Sibos examining the use of social media in a B2B business environment, with participation from Citi, ING, SEB and SunGard.

Insurer warns social media users of burglary risks

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Insurer warns social media users of burglary risks

Churchill Home Insurance has warned customers not to advertise their whereabouts on social media sites for fear of driving a big increase in house burglaries.

Securities tech cloud start-up punts $1 million on gaming showcase

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Securities tech cloud start-up punts $1 million on gaming showcase

Netik alumni John Wise and Colin Close have resurfaced at a new cloud-based securities technology start-up which is inviting seasoned market professionals and first-time investors alike to take part in a virtual stock trading game with a $1 million payout.

Banks can't ignore social Web - first direct CEO

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Banks can't ignore social Web - first direct CEO

The growth of the social Web is something that cannot be ignored by banks and should be embraced as a means of connecting with customers, according to first direct CEO Matt Colebrook.

Kiva pilots student micro-lending

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Kiva pilots student micro-lending

Online person-to-person micro-lending outfit Kiva is piloting a student loans feature designed to help people in developing countries raise money for their education.

Amex targets Gen Y with social Currency - personal finance advice site

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Amex targets Gen Y with social Currency - personal finance advice site

American Express has launched Currency, a personal finance advice site for "young adults" that offers blogs on spending and saving from experts, money management-related courses and an iPhone app developed with Foursquare.

Join the big conversation with Finextra@Sibos

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Join the big conversation with Finextra@Sibos

Finextra is ushering in a new era of dialogue and debate at Sibos 2010 in Amsterdam with the launch of a revamped Web site and community tools purpose-built for delegate and vendor interaction.

ASB Bank launches 'virtual branch' on facebook

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ASB Bank launches 'virtual branch' on facebook

New Zealand's ASB Bank is trialling a "virtual branch" on facebook where people can "talk" to staff about their finances.

BankSimple raises $3.1 million in early funding

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BankSimple raises $3.1 million in early funding

US banking startup BankSimple has closed on a first funding round and set its sights on a 'friends and family' beta launch by late October.

Facebook to sell virtual currency gift cards at US retail stores

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Facebook to sell virtual currency gift cards at US retail stores

Social media giant facebook is to offer gift cards loaded with Credits at retail stores across the US, beginning with the Target supermarket chain.

ING Direct guerilla marketing stunt makes a splash

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ING Direct guerilla marketing stunt makes a splash

ING Direct has taken a novel approach to marketing its new Canadian online chequing account, employing a group of dancers in bright orange bathing suites to perform a synchronised swimming routine in a Toronto fountain.

HSBC taps facebook for student bursary competition

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HSBC taps facebook for student bursary competition

HSBC is bidding to bag young customers with a competition on facebook giving students the chance to win £15,000 bursaries.

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