Nearly three quarters of America's millennials would rather go to the dentist than listen to what their banks have to say and are more interested in hearing from tech firms about financial services.
Irish innovation outfit NDRC has partnered with Bank of Ireland, Enterprise Ireland, Mediolanum and State Street to establish a 'pre-accelerator' programme for financial services startups at the very earliest stages of their development.
Inconsistencies in the Irish banking industry's attitude to crypto-currencies have emerged after Bank of Ireland refused to let a bitcoin ATM outfit open an account before AIB stepped in to say it could work with the firm.
Westpac's new venture capital fund has taken a A$5 million stake in Australian peer-to-peer lending platform SocietyOne.
Startupbootcamp is inviting fintech geeks to take part in a 48-hour, payments infrastructure-focussed hackathon in London next month.
AmEx is promising to use technology to help tackle the plight of America's 70 million underbanked citizens; establishing an innovation lab, setting up a fund for startups working on financial inclusion, and even sponsoring a documentary.
Ripple is set to get a kick-start, with the outfit behind it opening up a developer portal and CrossCoin Ventures launching an accelerator to help startups working with the cypto-currency protocol.
More than £1700 an hour is being raised in the UK through crowdfunding, according to figures from the Crowdfunding Centre, which is now calling for greater government support for the burgeoning alternative finance market.
The European Banking Authority is to assemble a taskforce to determine whether virtual currencies should be regulated.
Philadelphia-based Customers Bancorp has unveiled plans to launch a new, separately branded, mobile bank.
Powa Technologies has signed up 240 brands for the launch of a digital commerce tool it promises will transform the retail landscape "forever".
Bloomberg has added social sentiment analytics to its Professional desktop tool to provide traders with an early heads-up on market-moving Twitter trending topics.
Her Majesty's Revenue and Customs (HMRC) has decided not to levy a 20% value-added tax on bitcoin transactions, reversing an earlier ruling that classified virtual currencies as gift vouchers.
Mt. Gox has filed for bankruptcy protection, a lawyer for the beleaguered bitcoin exchange told a news conference today. Meanwhile, new Federal Reserve chair Janet Yellen has said that the central bank has no authority to regulate the crypto-currency.
Financial market authorities in New Zealand have approved regulations for crowd funding and peer-to-peer lending as part of the government's financial market overhaul.
The rise of bitcoin over the last year has piqued the interest of cybercrooks, who have created more than 100 unique families of malware designed to steal virtual currencies, according to Dell SecureWorks.
Payment card rewards start-up Wallaby Financial has released a beta app for Google Glass.
Bitcoin prices have cratered again after troubled Japanese exchange operator MT Gox suspended trading amid reports that it has allegedly lost almost $350 million to a year-long cyber-theft and is technically insolvent.
Owners of the new Samsung Galaxy S5 will be able to use the handset's fingerprint authentication system to make payments at online and in-store merchants that accept PayPal.
A collection of US state financial regulators has become the latest body to launch an investigation into bitcoin and other virtual currencies. Meanwhile, the boss of troubled exchange Mt. Gox has resigned from the board of the Bitcoin Foundation.
Paypal is to be the first payments provider for Samsung's new range of Gear 2 smartwatches.
© Finextra Research 2014