Global non-cash payments volumes are expected to increase by nearly nine per cent in 2014, as massive emerging markets such as China and India begin to go electronic and mobile money takes off in developed countries, according to the latest annual World Payments Report from Capgemini and Royal Bank of Scotland.
MasterCard is rolling out a suite of card security measures for online commerce - from 'pay by selfie' biometrics to SMS-delivered one-time passwords - under the brand Identity Check.
Standard Chartered has partnered with Chinese Internet search engine Baidu to launch a fintech accelerator programme in Hong Kong.
Mexico is staking its claim to be Latin America's fintech hub through the establishment of a trade organisation with some 70 founding members.
Nomura Securities is to investigate the use of distributed ledger technology in a joint project with IT supplier and consultancy The Nomura Research Institute.
European supervisory authorities are to undertake a review of the use of big data to profile and target consumers by the bloc's major banking groups.
Royal Bank of Canada is to begin recording the voice prints of customers as they dial in to its call centres, eliminating the need for passwords and additional authentication questions to determine client IDs.
From nanotechnology to beehives, eight firms have been selected to test their products as part of an innovation challenge by Royal Bank of Scotland for the regeneration of its Gogarburn headquarters in Edinburgh.
Canada's TD Bank has promised to create more than 120 jobs over the next year in the Waterloo region dedicated to technology innovation.
BNP Paribas has become the latest French bank to pilot Oberthur's OT Motion Code technology, replacing the three-figure CVV code on the rear of a card with a small screen display that automatically changes periodically.
The global fintech bubble continues to gather more air as SoftBank leads a $1 billion funding round in US alternative finance startup SoFi.
© Finextra Research 2015