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News/Transaction banking
The University of Strathclyde has launched a Masters of Science (MSc) programme in fintech, what it claims is the first such course in the UK.
05 January 2017
The Indonesian Financial Services Authority (OJK)has introduced new regulations for fintech firms running a peer to peer lending business, according to a report in the Jakarta Post.
04 January 2017
MasterCard's £700m acquisition of UK-based payment provider VocaLink has hit a snag after the Competition and Markets Authority (CMA) voiced concerns over the deal.
A UK department store is making a multi-million pound investment in an app-only challenger bank in order to offer its shoppers an exclusive banking tool and payment method.
03 January 2017
The UK treasury is set to roll out a new £1 coin in late March which it claims is the most resistant to counterfeiting ever produced.
As Finextra pulls the shutters down on 2016, we take a look back at our most popular news stories, videos, and community engagement activities over the course of the past year. The site will re-open for business on 3 January 2017.
21 December 2016
BNP Paribas has completed its first live cross-border B2B payments between corporate clients using blockchain technology.
One of Turkey's largest banks could be liable for up to £4 million after suffering a cyber attack on the SWIFT global money transfer system, according to Reuters.
16 December 2016
Consumer group Which? has accused the UK's Payment System Regulator (PSR) of letting banks off the hook by not forcing them to reimburse customers who fall victim to online money transfer scams.
Citi has invested an undisclosed sum in Cobalt, a blockchain startup aiming to bring distributed ledger technology to the processing of foreign exchange trades.
15 December 2016
Santander's global venture capital fund has made its latest portfolio investment in supply chain platform Tradeshift.
05 December 2016
Lloyds Bank has launched an online portal to help British companies expand their business to overseas markets.
02 December 2016
BNY Mellon has created a new global innovation group in the company's treasury services business and appointed MD Christopher Mager to head up the operation.
01 December 2016
Swift's European operations forum in Berlin ended where it began, with a high-powered debate on the ability of the world's banks to combat an escalating cyber threat.
25 November 2016
Almost one in three workers in London face an uncertain future over their employer's plans to relocate the business.
White hat hackers at Sophos gained access to administrative rights at a New York bank using a social engineering technique that leaned on the creation of a bogus profile on LinkedIn.
24 November 2016
Swift has taken the wraps off its first blockchain proof-of-concept and pledged to become more vocal and engaged with the community in driving the application of the technology at both an industry level and embedded within its own member-owned network.
Payments professionals from across Europe, Middle East and Africa have been gathering in Berlin for Swift's Operations Forum Europe conference to learn first hand how the interbank co-operative is dealing with ongoing security issues and new technology innovations in banking and finance.
23 November 2016
More departures expected as inevitable streamlining follows over-heating of blockchain consortia space.
22 November 2016
ABN Amro is working with Dutch university TU Delft and a host of other partners to test the use of blockchain technology in the logistics sector.
18 November 2016
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