Apple CEO Tim Cook has declared 2015 'the year of Apple Pay' as the consumer tech firm reported the biggest quarterly profit ever made by a public company on the back of record iPhone and iMac sales.
Bats Global Market has acquired institutional spot foreign exchange market Hotspot FX from KCG Holdings in a cash transaction valued at $365 million.
Ant Financial, the financial services arm of e-commerce giant Alibaba, is leveraging Big Data technology and all of its considerable customer assets to launch a powerful new credit scoring agency.
Canary Wharf accelerator space Level39 has opened a tech trade route to Hong Kong, through a partnership with Asian startup incubator Nest.
The functionality of mobile banking apps developed by five of the UK's top banks has been criticised after they racked up so-so scores in user experience testing conducted by Adaptive Lab.
Swyp has become the latest startup to promise to replace the credit, debit, gift and loyalty cards in customers' wallets with a single card and app combo.
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Former ING Direct CEO Arkadi Kuhlmann has launched a mobile banking service in Canada that promises to cater to "citizens of the world" through a multi-currency savings account.
Speaking today at Citi's annual Digital Money Symposium event, Greg Baxter, global head of digital strategy at the US money centre bank, questioned the long-term economic viability of bitcoin as a global currency.
Halifax has launched a tailored online banking service for young customers aged between 11 and 15 in an effort to promote better money management skills.
The future of the blockchain and the use of the Internet of Things in financial markets are among the challenges set out by banks participating in the next Startupbootcamp hackathon in London.