Top fintech stories this week – 10 March 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
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Barclays.Net down and out for UK Bank Holiday weekend
Barclays’ business banking service, Barclays.net, decided it would also take time off during the three-day Bank Holiday weekend in the UK. The system suffered intermittent outages from 29 April until today (3 May), and there were numerous complaints on Twitter from angry users. The impact on customers ranged from trying to pay staff or facing […]
Nasdaq OMX connectivity disaster highlights stumbling markets
A three-hour trading crash at Nasdaq OMX caused by a connectivity issue has once again put the spotlight on trading technology and the resilience of financial markets, which have been sorely tested in recent months and years.
Early warning for trading failures
Technology companies Verdande and ITRS have developed an early warning system designed to detect trading outages and system failures before they happen.
.@LandisTeam secures $165m raise to help Americans become homeowners The funding brings Landis’ total debt and equ… twitter.com/i/web/status/1…
#Digital wallet start-up @eco lands $60m investment The round also included participation from @a16z,… twitter.com/i/web/status/1…
.@LBGplc to acquire savings firm @embark_group Group in £390m deal Lloyds says Embark will improve its ability to… twitter.com/i/web/status/1…
Analysis: Mobile first, second and third! It is imperative to understand user behaviour around mobile devices… twitter.com/i/web/status/1…
1 week left! The #BankingTechAwards nomination deadline is fast approaching Submit your nominations here 👉… twitter.com/i/web/status/1…
New #banking software deals for @OracleFS in Africa and India Makarand Padalkar, executive director and chief fina… twitter.com/i/web/status/1…
Singapore fintech @ThunesPayments acquires payments platform @limonetik The Singaporean firm says the deal will ac… twitter.com/i/web/status/1…
Major Indian #banks join trade finance blockchain project IBBIC The IBBIC was formed by a group of 15 Indian lende… twitter.com/i/web/status/1…