Bitcoin wallet outfit Coinbase has raised $25 million in a funding round led by Andreessen Horowitz, with participation from existing investors Union Square Ventures and Ribbit Capital.
Commonwealth Bank of Australia has released a mobile NFC-based payments application for Samsung handsets, just ahead of rival bank Westpac, which has abandoned plans for sticker-based payments in favour of a fully-fledged mobile roll-out early next year.
PayPal president David Marcus has predicted that bitcoin could double its value over the next year as it continues to prosper as an investment asset but insists that the cryptocurrency is not a real currency.
The Royal Bank of Canada (RBC) has added a feature to its iPad app which lets customers send money to their Facebook Messenger contacts.
Payments start-up Clinkle appears to be experiencing severe growth pains as it lays off staff and restructures its operations in the wake of a recent $25 million funding round.
The UK's Barclays Bank is inviting ten start-up companies to take part in a 15-week fintech accelerator programme in conjunction with Techstars
PNC bank is inviting people to build their own virtual gifts based on the items in the Twelve Days of Christmas carol for the chance to win a 3D printed version of their creation.
China's central bank has finally had its say on bitcoin, ruling that it is not a proper currency and banning financial institutions from handling it.
Seedrs has secured more than £2m of investment via its own platform, setting a new world record for the most equity raised via a crowdfunding site.
Apple has bought social media analytics firm Topsy Labs for a reputed $200 milliom.
ING Direct has become the latest Canadian bank to join the SecureKey Consierge service, which enables consumers to log-in to Government Web sites with their online banking credentials.
The UK government is preparing to allow the inclusion of peer-to-peer lending within Isas, giving investors a tax-free return on their investments, according to the Telegraph.
Chinese e-commerce company Alibaba has set up a cloud computing service for the country's banks and securities firms.
Westpac's New Zealand arm has sent out an SOS to the UK's geeks, launching a mobile and Web banking app design competition, which will see the winning developer score a trip down under.
Bitcoin exchange Mt. Gox has moved to address security concerns by introducing a physical one-time password (OTP) generating card for users.
United Arab Emirate-based bank Mashreq is filling a series of new 'E-Cube' branches with Microsoft 'interactive experience technologies'.
Bitcoin has smashed through the $1000 mark on Mt. Gox, with the virtual currency's price continuing to respond to encouraging noises from Washington lawmakers and growing popularity in China.
SimplyTapp, the US start-up which says it created the 'Host Card Emulation' (HCE) approach to mobile NFC payments recently embraced by Google, has raised its series a funding round.
Turkish bank TEB has developed a Google Glass app, enabling wearers to find ATMs and branches and track credit card campaigns.
Allied Irish Bank (AIB) has radically overhauled its approach to technological innovation, adopting a start-up culture in a bid to get new services to market in weeks rather than years.
Its reputation in the gutter, the Royal Bank of Scotland has embarked on an aggressive, proactive social media programme designed to help win over disgruntled customers.
© Finextra Research 2013