Visa Europe's innovation hub has been tapping into the youth market, bringing together 100 students from City University London for a weekend-long 'design jam' exploring ways to pay beyond plastic.
The Bank of England is challenging students to come up with ideas for using blockchain technology to make a "positive difference to society," dangling the carrot of paid internships to those delivering the best pitches.
WeChat, the social messaging app developed by Chinese e-commerce outfit Tencent, has launched a mobile wallet service in South Africa in partnership with Standard Bank.
Canary Wharf innovation centre Level39 is playing host to 24 fintech startups from across the Mediterranean for a two-day programme organised by UK Trade and Investment, with the aim of raising the profile of London's vibrant financial scene as a strategic partner for growing early-stage businesses.
Swiss fintech acclerator Nexussquared has launched a virtual blockchain startup porgramme for early-stage European companies that have already acquired seed funding.
The world's banks will be forced to axe up to half of their staff and close 50% of branches over the next ten years if they are to remain relevant in an era of rapid technology change the former chief executive of Barclays Bank has warned.
The world's banks are to hike their IT and innovation budgets over the coming year to counter the growing threat from large tech companies like Apple and Google, according to a Capgemini survey of clients of core tech vendor Temenos.
Alternative payment methods such as ewallets are overtaking cards as the most popular way to buy online, according to new research from WorldPay.
Turkey's Isbank is contemplating replacing its ATM fleet with a new generation of keyless and cardless machines that use QR codes or bluetooth beacons to recognise consumer smartphones and dispense cash.
Post-trade technology company Kynetix is working with a consortium of industry stakeholders to explore the use of distributed ledgers in handling title ownership and transfer in the commodities market.
The world's central banks could be rendered irrelevant by the wide-scale adoption of digital currency schemes, the Bank for International Settlements has warned.
© Finextra Research 2015