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  • European Commission to consider creating database of Bitcoin users

    The European Commission has proposed a directive designed to prevent the use of digital currencies in terrorism funding by creating a central database of Bitcoin users. Seeking to put regulations into place by the start of 2017, the proposal hopes …
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  • Capital One swells its software ranks

    Capital One has announced eight senior technology hires in its software engineering team as it steps up its digital transformation initiative. These will be based at its London office at Regents Place, spending part of the week at the company’s …
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  • Singapore commuters to get contactless compatibility

    The Singapore Land Transport Authority (LTA) has forged a partnership with MasterCard to create a public transport pilot using contactless credit and debit cards. With around 100,000 people already planned to be enrolled into the account-based system, the LTA is hoping …
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  • Tangerine boosts signup process

    Canadian direct bank Tangerine has overhauled its onboarding process, meaning a client’s sign-up process can now take place completely online. “We’re consistently focused on delivering new innovations that make life easier for our clients and this starts from the moment …
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  • Indian Banks investigate iris recognition technology

    Three major banks in India – DCB, Axis and Kotak Mahindra – have put plans into motion for biometric technology to be implemented at their ATMs. The systems would be used as an extra measure of security deemed more reliable than …
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  • Bank of Tokyo-Mitsubishi plans smartphone-based ATM access

    Bank of Tokyo-Mitsubishi UFJ is set to launch a new initiative that will enable its customers to access ATMs with their phone. The bank will be the first major firm in the country to offer such a service, with the system …
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  • DV4 and Entiq launch Innovation Centre

    Claire Cockerton, Founder of industry association Innovate Finance and Co-Creator of FinTech accelerator space Level39, is fronting Europe’s largest technology innovation centre, situated at Here East, on the Queen Elizabeth Olympic Park in London. A joint venture between DV4, Delancey’s …
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  • Visa pitches up in Palo Alto

    Visa is to open a new office in Silicon Valley, to sit alongside its Foster City and San Francisco locations. The 62,000 square foot facility, located in Palo Alto, will be a combination of office and collaboration spaces for approximately …
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  • Libra raids PwC for CCO

    Blockchain startup Libra has appointed Jeremy Drane as Chief Commercial Officer (CCO). He joins from PricewaterhouseCoopers (PwC) where he was the first blockchain-focused employee and established its distributed ledger (DLT) practice. “His expertise in setting commercial strategy, engaging with the …
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  • Dakota Plains partners with Fiserv

    Dakota Plains Credit Union has selected a technology suite from Fiserv, including XP2 for core account processing as well as solutions for online and mobile banking, electronic payments, statements, and card processing. “Our members live and work in thriving farm …
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  • Fidor fuels Telefonica Germany mobile offering

    Telefonica Germany has launched a mobile banking service. It has teamed with online new entrant Fidor Bank on this, effectively using its licence as a springboard into the financial services business. The O2 Banking app is available as a free …
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  • CICI and AXIS Bank join SWIFT project

    ICICI Bank and AXIS Bank have become the first Indian banks to sign up for SWIFT’s global payments innovation initiative. In its first phase, the project, which involves 70-plus banks, will focus on business-to-business payments, leveraging SWIFT’s messaging platform. Ajay …
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  • London FinTech leads the way post-Brexit

    Venture capital houses such as Index Ventures, Octopus Ventures, Balderton Capital and Hoxton Ventures are among those still backing the UK’s tech sector, following the country’s vote to leave the EU. According to Pitchbook research, sourced by London & Partners, …
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