MasterCard caused a stir a few weeks ago by announcing a September 2015 trial release of its new online payment method: the selfie. An initial group of 500 customers will test the ... Read More
JSC Alfa Bank, the Russian private bank founded by billionaire Mikhail Fridman, is scaling back lending for all but the most affluent clients after a growing share of customers ... Read More
It is barely two weeks since Greece was on the brink of crashing out of the euro, yet some investment banks are now encouraging investors to return to its ... Read More
BNP Paribas SA is considering a reorganization of its securities unit that may bring the deepest cost cuts since the financial crisis. France’s largest bank enlisted Oliver Wyman and ... Read More
U.K. bank previously raised $3.2 billion from selling shares in U.S. lender in March Royal Bank of Scotland Group PLC said Wednesday it plans to raise $2.2 billion from ... Read More
Barclays bank has reported a 25% rise in statutory pre-tax profits to £3.14bn for the six months to the end of June. Profits last year were £2.55bn. The bank ... Read More
In its relative short history, bitcoin – and its underlying technology the blockchain – have captivated thinkers around the world, but not everyone was quick to see the potential. ... Read More
Apple has filed a patent which uses NFC and Bluetooth technology to enable person-to-person payments between iPhones or Apple Watches. The system would enable users to choose a card from their ... Read More
Spanish banking giant Santander is teaming up with mobile payment company Monitise on a joint venture to invest in and build new fintech startups. Monitise, who announced the new company in a ... Read More
Keep an eye on the shadow banking system – it is about to be shaken to the core. According to the Financial Stability Board, the size of the global shadow ... Read More
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