All articles by Stephen Little
Stephen Little
Chase Bank deny hacking after vanishing balances
JP Morgan Chase, the largest US bank by assets, experienced technical difficulties on 18 March that resulted in customers’ bank accounts being temporarily unavailable.
UK online banking fraud rises
UK online banking fraud rose 12% in 2012 to £39.6m from £35.4m in 2011, according to research by consumer advice group Financial Fraud Action.
Ally Financial remains number one US auto lender
Ally Financial was ranked the largest auto lender among depository institutions in the US at the end of the fourth quarter 2012 with $64.8bn in lending, according to SNL Financial.
PayPal launches iPad app for small retailers
PayPal has launched an iPad app that turns tablets into a point-of-sale device.
Yorkshire Building Society to launch PFM tool
Yorkshire Building Society, the UK’s second-largest by assets, has partnered with technology vendor eWise to launch an on online personal financial management tool (PFM) designed to make it easier for customers to manage their finances.
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Caisse Financial Group opts for Temenos
Caisse Financial Group (CFG), the Canadian financial co-operative, has partnered with the Swiss-based technology vendor Temenos to update its core banking system.
RBS and NatWest launch mobile payment app
Royal Bank of Scotland (RBS) and its subsidiary NatWest have launched a new mobile cash transfer service that will enable customers to send money to other people through the bank’s smartphone app.
JP Morgan Chase website goes down after cyber assault
The retail banking website of JP Morgan, the largest US bank by assets, was hit by a denial-of-service attack on 12 March that took some of its services temporarily offline, preventing customers from logging on to their accounts.
Concerns over access to cash in the UK: Payments Council
UK bank customers living in rural areas and those on low incomes are most likely to encounter barriers to accessing cash, according to a new survey by the Payments Council.
Tablet banking set to rise: Juniper Research
The number of tablet users is set to soar, with one in five mobile banking customers using tablets by 2017, according to a report by analysts Juniper Research.