News


Barclays Readies ‘Buyit’ QR Code-Based M-Payment Service (June 25, 2013)

June 25, 2013 Barclays is taking contactless payment in a new direction with a service enabling users to make payments directly from their bank accounts by tapping their phones on QR codes on billboards, magazine ads and other printed items, potentially including routine bill payments. Harnessing the Barclays Pingit mobile payments app, the new Buyit […]

Cordray, NLRB Appointments in Supreme Court’s Hands (June 24, 2013)

The U.S. Supreme Court this morning decided to hear the case of National Labor Relations Board v. Noel Canning. Hanging in the balance is the legal validity not only of appointments made by President Barack Obama to fill NLRB vacancies, but the appointment of Richard Cordray to the Consumer Financial Protection Bureau (CFPB). A ruling […]

MasterCard Survey: European Consumers Say No to Cash for Holiday Spend (June 24, 2013)

  Click here for larger PDF version.   June 24, 2013 More Europeans are pulling out cards instead of cash while on holiday, according to new research from MasterCard. The online survey  of 3,310 consumers in eight countries—Spain, Italy, Germany, Sweden, U.K., France, Poland and Ukraine—found that consumers prefer having their debit or credit cards on hand […]

Union Bank of Taiwan adopts Calastone funds tools

Union Bank of Taiwan has signed up with global fund transaction network Calastone to automate its offshore fund transactions through the new Taiwan Depository and Clearing Corporation fund service.

SEC hopes for Midas touch from HFT surveillance system

the US Securities and Exchange Commission says that its cloud-based approach is paying dividends and allowing it to examine the structures of the markets it supervises at a greater level of granularity than ever before.