Adam Moulson

91 Flips | 5 Magazines | 337 Likes | 2 Following | 3 Followers | @amoulson | Keep up with Adam Moulson on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Adam Moulson”

Biometric mobile payments to hit 1T transactions, $51B in revenue by 2022

New report calculates more than 5.5 billion biometrically-enabled mobile devices will be in use by 2022, including fingerprint and face …

Mobile Devices

Chase closes WePay acquisition, a deal valued up to $400M

Banking giant J.P Morgan Chase is taking another step into tapping fintech startups not just for investment, but for growing its business more directly. The company has officially closed its acquisition of WePay, the payments startup that powers payments for crowdfunding platforms like GoFundMe and …

Tide raises $14 million for small business banking service

Tide, a UK-based mobile-first SME banking service, has raised $14m in one of the largest Series A in...

Cheque usage plummets in US - Fed payments study

Consumers wrote nearly two-thirds fewer checks per household in 2015 than in 2000, while total nonca...

Debit cards set to overtake cash in the UK three years ahead of schedule

The soaring popularity of contactless cards is changing the dynamics of the UK payments industry wit...

Bank Leumi names Fiserv's Martin Droney chief operations and technology officer

Based in New York, Droney will oversee a team of more than 100 full-time employees and contractors. He joins Leumi from Fiserv, where he most …

Project Management

Bank of China joins Chaps as direct participant

CHAPS Clearing Company Limited, the UK’s same day high-value payment system, welcomes Bank of China...

EBA publishes final draft technical standards under Payment Accounts Directive

These Technical Standards contribute to enhancing comparability of fees, through standardised terminology and disclosure documents across the …

Wells Fargo signs data sharing deal with financial agreggator Finicity

05 April 2017 | 6218 views | 0<p>Wells Fargo's efforts to strengthen data access and sharing for customers using third party apps has moved on apace …

HSBC partners TradeShift to digitise the corporate supply chain

HSBC is partnering with Danish business commerce platform TradeShift to bring streamlined digital fi...

Germany's KfW Bank explains $5.4 billion funds transfer lash up

27 March 2017 | 6556 views | 1<p>Germany's KfW Bank says a system error led to the unintentional transfer of $5.4 billion to four counterparty banks in …

Banks embrace the cloud

Overcoming security concerns, the majority of financial services firms in the US and Asia Pacific ha...

Jack Henry and Geezeo form online PFM partnership

JHA Online Financial Management is delivered as a seamless extension of financial institution websites and empowers consumers to better manage their …

Banking

Token partners with VirtusaPolaris

Under the terms of the partnership, VirtusaPolaris will both resell Token’s programmable money network to banks and financial service providers and …

UK payments system operators publish guide to participation

Available on each of the PSOs’ websites, the guide is intended for use by payments service providers (PSPs) that are considering joining, or thinking …

Nordea ditches Swipp m-payments for Danske Bank's MobilePay

13 October 2016 | 10643 views | 1<p>Nordea is abandoning Swipp, the Danish mobile payments JV it runs with local banks, and hitching its wagon to rival …

Wells Fargo forms payments and digital group

12 October 2016 | 7416 views | 1<p>Wells Fargo has created a payments, virtual solutions and innovation group led by 23-year bank veteran Avid Modjtabai.<p>…

FinTech

Emirates NBD and Icici demo blockchain application for trade finance

12 October 2016 | 8602 views | 1<p>Emirates NBD and India's Icici Bank have successfully completed a pilot project to deploy a permissionable blockchain …

ICICI Bank

Japan banks target fintech start-ups after law change

Japan’s biggest banks are looking to pour hundreds of millions of dollars into fintech start-ups after the abolition of a law that prevented them …

Arizon Sourcing moves financial messaging to Bottomline cloud

Traditionally, financial messaging has been hosted on premise, but the move by ARIZON reflects a shift in the financial services industry. …

Messaging

Wells Fargo fires 5,300 employees over 'phony account' schemes that led to $185 million fine

Wells Fargo has fired 5,300 people after government regulators discovered that employees of the US bank had created millions of phony bank and credit card accounts to boost their sales figures.<p>The US Consumer Financial Protection Bureau (CFPB) fined the bank $185 million (£139 million) on Thursday …

MasterCard bigs up MasterPass

As part of this momentum, Mastercard today announced issuers and merchants around Europe that are making Masterpass available to their customers, …

Gresham opens innovation labs

This new space is designed to reflect Gresham’s open, engaging and free-thinking culture, and is the home for the research and development, cloud and …

Credit Unions create their own R3-like blockchain consortium

05 September 2016 | 14900 views | 1<p>In an effort to prove that blockchain technology is not just the preserve of big ticket banking associations, US …

Smile please, you're on HSBC

05 September 2016 | 9155 views | 3<p>HSBC is to enable business customers to open an account via facial recognition technology, following a trend set by …

Special Report: Not so SWIFT - Bank messaging system slow to address weak points | Reuters

LA HULPE, Belgium (Reuters) - More than a dozen current and former board directors and senior managers of SWIFT, the bank messaging system that helps transmit billions of dollars around the world every day, have told Reuters the organization for years suspected there were weaknesses in the way …