North American bank IT spending is set to grow from $59.5 billion in 2014 to $62.2 billion in 2015, as the region's banks continue to right-size their branch networks and overhaul their online and mobile channels.
MasterCard has kicked off the first in a series of ten global hackathons in Sydney, where developers will compete for a place in the final and the chance to win a $100,000 grand prize
Google is rolling out its e-mail-based money transfer system in the UK, almost two years after the feature was first released in the US.
Visa Europe is to invest more than EUR200 million in new payment technologies to accelerate the growth of digital payments after reporting record transaction volumes for 2014.
South Africa's Standard Bank has opened an innovation centre in Johannesburg in an effort to foster a startup culture.
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.
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.
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.
© Finextra Research 2015