Banking

Litecoin, Ethereum Investors Fuming as Trading Disabled on Coinbase

It surely isn't the meteoric price rally that's got cryptocurrency investors fuming Tuesday, so what is it?<p>Traders can't buy and sell litecoin and …

Tech Industry

This Monster $16 Billion Mall Deal Should Terrify Sears and Macy's

<b>LOL:</b> First story I read Tuesday wasn't about the dollar ahead of the Federal Reserve meeting, oil prices spiking to $65 a barrel or a key policy …

Tech Industry

Bitcoin Rival Litecoin Has Rocketed 95% Since Bitcoin Futures Started Trading

It's already a good week for litecoin.<p>The digital currency, which has long stood in the shadow of more preeminent crypto assets such as bitcoin and …

Cryptocurrency

Banks will be forced to publish data on their current account services

High street banks will be forced to publish more information on their current account services to help customers to compare providers more easily …

Samsung Pay continues building out its wallet

<i>This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here.</i><p>The mobile wallet industry is becoming increasingly competitive, with players introducing new products and services to capture a share of the market.<p>For its part, Samsung Pay …

Business

Tesco Bank's 'anti-fraud measure' leaves customers without credit cards in the run-up to Christmas

Tesco Bank has cancelled a number of it credit cards as a "precautionary measure" just weeks before Christmas, in relation to suspected fraudulent activity.<p>Customers were sent a text message with a two-day period last week which stated their cards would be stopped upon receipt as part of a measure …

Banking (UK)

Daily Review: The Importance of Blockchains & Cryptocurrencies in the Future

December 12, 2017  By : Elena Mesropyan<p>Currently, there are between 2.9 million and 5.8 million unique users actively using a cryptocurrency …

Payment Systems

7 Strategies to Increase the Profitability of Mass Market Households

Here's how community banks and credit unions can improve the bottom line when serving fee-driven consumers who are heavy branch users.<p><b>By Jeffry</b> …

Mobile

Exclusive Billhop discount for HfP readers – pay (almost) any bill with your Amex card

Back in September we first wrote about Billhop, a Swedish company that lets you pay almost ANY bill with a credit or charge card – including American …

Money

How to Transfer Money from Your Card to Your Bank Account

Let's say you receive $10 from a friend through Apple Pay Cash via an iMessage. You could spend that money in the App Store or at any retailer that …

Gear & Gadgets

Can 'banks on wheels' replace bricks-and-mortar?

<b>As increasing numbers of people choose to manage their money online, bricks-and-mortar banks are slowly disappearing from Scottish high streets.</b><p>In some cases, they are being replaced by "banks on wheels" - vans which tour rural communities offering basic banking facilities to customers unable, or …

Mobile

Payments Innovation: The Evolution Of Trust In The Age Of Convenience

The future of payments must account for customers who expect both seamless transactions and delightful, customized experiences<p>It is safe to say that for every invention, innovation, or evolution that drives the modern world, we face a tradeoff of sorts. When we shift from a relationship-based …

Innovation

Banks set to send 23 of 28 large dud accounts to NCLT tomorrow

Mumbai, Dec 12 (PTI) With just a day left for the December 13 RBI deadline to resolve the 28 large stressed accounts that the regulator had …

No ripple in bank stocks ahead of second wave of provisioning

Many of the accounts on the second list have been bad loans for more than a year now and provisions have already been made.<p>The deadline for a …

Banking (India)

Tesla Stock Pops as PepsiCo Pre-Orders 100 Semi Trucks

Just when it looked as if Tesla Inc. (TSLA) was going to roll over, shares caught a big pop on Monday. With Tuesday's 2.9% pop, shares of Tesla are …

Automotive Industry

Understanding the Essential Terms in the Bitcoin World

Bitcoin and cryptocurrency can be confusing. Here is your guide to some of the key terms and concepts underpinning this exciting space.<p>Altcoin<p>Altcoin …

Bitcoin

How to purchase Bitcoin at Atlanta ATMs

The value of Bitcoin continues to skyrocket with the digital currency topping a high of $11,773.83 on Sunday.<p>One company, Coinsource, is now trying …

Cryptocurrency

Ujjivan SFB launches Senior Citizen Account

Ujjivan Small Finance Bank Limited, a wholly owned subsidiary of Ujjivan Financial Services Limited on Tuesday announced the launch of Senior Citizen …

Senior Citizen

FNB warns against new online banking scam

FNB has warned customers against a new banking scam whereby fraudsters remotely take control of your PC over the internet, and gains access to your …

Security

Kroger and Chase Pay announce mobile payment partnership

The Kroger (NYSE:KR) is teaming up with Chase Pay, the digital engagement wallet from JPMorgan Chase & Co. to offer mobile payments starting with …

Business

Punjab National Bank raises $777 million in share sale - sources

MUMBAI (Reuters) - Punjab National Bank has raised 50 billion rupees ($777 million) from a share sale to institutional investors, sources with direct knowledge of the transaction said on Tuesday.<p>PNB, the second-biggest state-run bank in India, offered the new shares at 168 rupees each in a deal …

India

Philippine bank accuses Bangladesh of heist 'cover-up'

MANILA (Reuters) - The Philippines bank through which $81 million (60.7 million pounds) stolen from Bangladesh's central bank was channelled in …

Banks are pushing everyone to digital channels through branch network death by a thousand cuts - Fintech makes the world go around

Banks are scaling down their branch networks at an increased pace.<p>Banks have put a lot of money behind fintech and to retain branches would appear a …

Business Technology

ING launches artificial intelligence bond trading tool Katana

Laura Noonan, in London<p>December 12, 2017<p>Dutch lender ING has become the latest bank to embrace the trading room robot revolution with the …

India’s First National ID System Is Helping the Country’s Women

India’s adoption of its first nationwide identification system is helping empower the country’s women and driving increased use of banking services, …

Business

Reserve Bank Branches No Longer Open to the Public

[SAnews.gov.za] The South African Reserve Bank (SARB) is to close its Durban, Cape Town and Johannesburg branches to the public.

South Africa

Stocks - European Markets Mostly Lower With Eyes on Central Banks

Investing.com - European markets were mostly lower on Tuesday, as investors remained cautious ahead of upcoming monetary policy meetings scheduled …

Stock Markets

Central Bank warns households about taking on new debt, 10 years on from financial crisis

The Central Bank is warning households about taking on new debt, almost 10 years on from the financial crisis.<p>It's latest financial review says that …

Economy

Stripe brings its payments platform to India at last

Stripe announced today that it’s launching its payment gateway and processing service in India, after roughly seven years in operation in 25 countries.<p>The company, which lets online businesses accept payments from customers with a per-transaction charge and no setup fee, is right to enter India …

Technology

Airbnb ends controversial payment system in France

Airbnb agreed Monday to withdraw a payment system in France, suspected of facilitating tax avoidance, after the government complained it could …

Bruno Le Maire