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19 Jun, 2013
Voicekey unveils biometric iPhone app A UK voice biometrics start-up has launched an iPhone app it says could replace PINs as a way to validate financial transactions.
19 Jun, 2013
Barclays extends mobile payments to retailers with Buyit Barclays customers will soon be able to use their Pingit mobile payments app to make purchases by scanning QR codes on adverts, the bank's managing director of cash management, Richard Martin, has told Finextra.
19 Jun, 2013
ERN raises $1.6m for big data loyalty platform ERN, the UK-based start-up behind a platform that allows banks and merchants to aggregate and analyse data generated by card transactions, has raised $1.6 million in seed funding. (1 comment)
19 Jun, 2013
UK banking standards report: key takeaways A government-sponsored report into falling banking standards in the UK has made a raft of significant recommendations, ranging from the jailing of senior bankers for reckless management practices, encouraging more competition from new 'challenger' banks, and placing more women on the trading floor.
17 Jun, 2013
Kuwait International Bank trials Seamless mobile payments Kuwait International Bank and McDonald's are preparing to launch a mobile payments pilot using technology from Swedish outfit Seamless.
17 Jun, 2013
Manchester calls its Oyster card the My Get Me There Greater Manchester's transport chiefs have taken the 'it does what it says on the tin' approach to naming the city's new smart ticketing system, calling it the Get Me There.
17 Jun, 2013
Starbucks goes contactless in the UK Coffee chain Starbucks has become the latest major UK high street player to complete a large-scale roll out of contactless payments terminals. (4 comments)
17 Jun, 2013
Payments Council to draw up 'Roadmap' for UK payments overhaul The UK Payments Council is to develop a Payments Roadmap, setting out key strategic short-term and long-term goals for restructuring the nation's payments infrastructure over the next three, five and ten years. (1 comment)
14 Jun, 2013
Visa sues Wal-Mart as interchange fight escalates The ongoing battle between card schemes and US merchants over interchange fees has escalated, with news that Visa is to sue the nation's largest retailer Wal-Mart over its rejection of a previously negotiated $7.2 billion class action interchange settlement. (3 comments)
14 Jun, 2013
E-commerce verification outfit Trustev wins EC start-up competition Trustev, an Irish firm which uses 'social fingerprinting' technology to verify online shoppers in real time, has won the European Commission's Tech All Stars competition.
14 Jun, 2013
PKO Bank fights the good fight against cash Wojciech Bolanowski, managing director of Electronic Banking, PKO Bank Polski explains to Finextra how the firm's IKO Project, an account based mobile payments service for Poland, is not a fight against the cards market.
14 Jun, 2013
Swedish Mpos vendor iZettle poised for global expansion Ignacio Garcia, managing director, iZettle Spain discusses how the vendor increased Mpos adoption by 25% in Sweden and how the recent €5 million investment from Banco Santander will expedite its global expansion.
13 Jun, 2013
Man pleads guilty in $200m credit card fraud case; eight charged over $15m cash-out hack The leader of an international credit card fraud scheme that netted around $200 million has pleaded guilty in a New Jersey court.
13 Jun, 2013
Cash costs the German economy EUR12.5 billion per year The total cost of handling physical cash in the German economy has been estimated at EUR12.5 billion per year, by a team of academics in Berlin. (3 comments)
12 Jun, 2013
UK banks spooked more by cybercrime than economic slump Fear of cybercrime has overtaken the eurozone crisis and economic malaise as the most pressing issue facing the UK's top banks, a senior Bank of England official says.
12 Jun, 2013
Make mine a pint of Bitcoin: UK pub chain takes virtual currency A pub chain run by a former Cambridge University scientist has started accepting bitcoins in exchange for pints of beer. (2 comments)
12 Jun, 2013
MasterCard readies smart cards for Iraqi welfare reforms MasterCard is partnering with the UN World Food Programme (WPF) to promote the use of smart cards for the distribution of welfare benefits such as healthcare and education credits and food vouchers in Iraq.
11 Jun, 2013
Banco Santander invests EUR5 million in iZettle Banco Santander has made a EUR5 million investment in mobile card reading vendor iZettle.
11 Jun, 2013
Live: MobeyDay 2013 Mobile banking professionals from around the world gathered in Barcelona on Tuesday for a day of networking and debate at the second annual MobeyDay. Finextra liveblogged events here. (1 comment)
10 Jun, 2013
UK banks to apply same-day 'retry system' to plug faster payment processing gap The Financial Conduct Authority (FCA) has reached an agreement with seven of the UK's biggest high street banks that will see them use a same day 'retry system' when processing direct debits, standing orders and future dated bill payments. (1 comment)
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