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  • Northern Trust onboard with CHAPS

    CHAPS, the UK company which offers real-time sterling fund transfers, has announced Northern Trust as a shareholder and Direct Participant. Northern Trust is the second new member to sign up this year, following Societe Generale’s decision to join in February, …
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  • Deloitte to open blockchain development lab in Ireland

    Deloitte has announced its plans to open a new development centre in Dublin, Ireland, to work on the possibilities of blockchain technology. The lab will become part of Deloitte’s “The Grid” FinTech initiative, and will create a round 50 jobs. …
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  • Eurobank Poland launches cloud-based m-wallet

    Bell ID has teamed with First Data Poland to offer cloud-based mobile payments to Polish banks, and the pair have also announced their first live customer. Eurobank Poland has integrated Bell ID’s Secure Element (SE) in the Cloud software and …
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  • Coinbase founder bigs up Ethereum

    Fred Ehrsam, the co-founder of blockchain startup Coinbase, has penned a blog post claiming that Ethereum will “blow past” Bitcoin. Discovered by CoinDesk, the blog outlines how the Bitcoin community has grown “stagnant” in Ehrsam’s eyes. He believes Bitcoin is …
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  • BBVA looks to cloud for transformation process

    BBVA is working with Red Hat on a new IaaS and PaaS-based platform. The focus will be on developing applications that can support the demands of global digital bank services and provide customers with the service and information they want. …
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  • Cloud-based FinTech needs nuanced approach

    Cloud security is both an art and a science, but financial institutions need to understand that it’s not just security affecting their business. That’s according to a panel at Cloud Financial Services Europe 2016, held today in the shadow of London’s …
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  • Apple Pay expands in Singapore

    Five Singapore banks have signed up to Apple Pay, enabling Visa and MasterCard credit and debit card holders to tap and pay with their iPhones. The deal follows close on the heels of the service’s launch in Singapore via American …
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  • Challenger banks slam naïve CMA proposals

    Britain’s challenger banks have sent an open letter to the Competition and Markets Authority (CMA), taking it to task for its failure to create a truly competitive retail banking playing field. The watchdog carried out an enquiry to address the fact …
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  • RBR says change on the cards in CEE

    Central and eastern Europe (CEE) has significant potential for an increase in card usage, as consumers begin to follow their western European counterparts in moving away from cash for making low-value payments. According to an RBR report, it is still …
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  • Wells Fargo wallet ready to roll

    Wells Fargo is launching a new mobile wallet this summer, to be integrated into its Android offering. “It gives customers the unique ability to make secure NFC payments directly from the Wells Fargo mobile app,” says Jim Smith, Head of …
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  • Big banks back SigFig

    Santander InnoVentures, the FinTech VC fund of Santander Group, has made an investment in SigFig, a San-Francisco-based wealth management technology startup. It participated in a $40 million financing round alongside the likes of Comerica, Eaton Vance, New York Life, as …
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  • Watertown Savings Bank opts for Banc Intranet employee portal

    Watertown Savings Bank has selected Banc Intranet’s BancWorks solution to manage, access and disseminate information across its nine branches. The US bank sought an intranet to centralise documents and make training materials more accessible to employees, as well as provide …
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  • Credit Suisse leverages FIS Derivatives Utility

    Credit Suisse has selected the Derivatives Utility from FIS for its post-trade futures and cleared OTC derivatives operations and technology. “As the market moves away from bilateral swaps and towards cleared products, Credit Suisse is better positioned to continue to …
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