India has joined the UN-based Better Than Cash Alliance as it bids to accelerate the country's migration to electronic payments as part of a more general strategy to boost financial inclusion.
Paypal has introduced a new person-to-person payments feature which enables account holders to request money from friends, family and colleagues via a personalised URL.
ANZ has signed a five-year A$450 million deal with IBM to increase productivity and innovation across the Australian bank through the use of cloud-based services, mainframe technology and analytics software.
A former US Secret Service agent has pleaded guilty to stealing $820,000 worth of bitcoin during the investigation into the Silk Road dark bazaar.
As the contactless payments limit in Britain rises from £20 to £30, new figures from the UK Cards Association show that more than £2.5 billion was spent via tap and go in the first half of 2015.
Barclays is preparing a Bitcoin pilot that will enable people to make donations to charities in the cryptocurrency, according to the Sunday Times.
With contactless cards and mobile payments growing in popularity, a quarter of Brits think that in just five years' time they will no longer need cash, according to a survey for Lloyds Bank.
Trade association Payments UK has vowed to improve access to payments infrastructure and give customers more control over transactions as part of a drive to ensure Britain has a "world class" system.
Swedish mPOS vendor iZettle has raised EUR60 million in a Series D funding round to help it launch a cash advance service for its small business customers.
An IT problem at HSBC has affected some 275,000 Bacs payments and left thousands of customers without their monthly salaries just before a bank holiday.
SunGard has issued a public apology to custody bank BNY Mellon for the outage of its InvestOne accounting system used by the bank to price thousands of funds.
© Finextra Research 2015