The day after it was fined £56 million over an IT meltdown, Royal Bank of Scotland has suffered a minor glitch which has seen some customers unable to use their credit and debit cards.
HSBC business customers can now take payments using just a mobile phone number, as the UK bank rolls out the Paym service for Business Internet Banking subscribers.
After a breakout 12 months for tap and pay, 'contactless' has made Oxford Dictionaries' shortlist for international word of the year.
Susanne Chisti, a former global project manager at Deutsche Bank, is to launch a new angel network focused solely on opportunities in the fintech sector.
Square is looking to expand beyond North America by making its Register point-of-sale software available to businesses worldwide.
Coinbase has struck a deal with payments platform RewardsPay that enables online shoppers to use bitcoin for purchases at the likes of iTunes and Facebook.
The former chief operating officer of Allied Irish Bank, Anne Boden, is planning to launch a new digital-only bank in the UK next year, under the name Starling.
A startup offering a Website and app that predicts the price of real estate property sales has walked away with a $40,000 cash prize and a six-month placement on the BlueChilli accelerator programme as the winner of Westpac's inaugural Innovation Challenge.
The Royal Bank of Scotland and its subsidiary Ulster Bank have been hit with a £56 million fine by regulatory authorities over a computer malfunction in 2012 that locked customers out of accounts and knocked out payments processing systems.
The Securities and Exchange Commission has approved new rules designed to strengthen the US market's technology infrastructure, which has frequently buckled under increasing strain in recent years.
US financial services giant Fidelity Investments has built an application for the Oculus Rift virtual reality headset that lets investors visualise their portfolio as a 3D city.
First Bus has become the first UK nationwide public transport company to offer Barclays Pingit as a mobile payment option.
Silicon Valley Bank is to take 18 of the nation's top university students on a three-day tour of the Californian tech hotspot, where they will be introduced to a 'who's who' of influential investors and entrepreneurs.
Google is to give away $100,000 to users of its mobile wallet who recruit a friend to the platform, as it prepares to do battle with Apple Pay and Softcard for market share over the all-important US holiday season.
PayPal has built an app for the Pebble smartwatch that lets users check in and pay at retailers on the go.
Investment management and services group BNY Mellon has set up an innovation centre in Silicon Valley as it seeks to harness the power of big data, cloud computing and the Internet of Things.
Contactless has shaken off its novelty tag in the UK and is surging towards the mainstream according to Worldpay, which is reporting a 150% rise in volumes over the past six months.
The US Marshals Service is looking at a $20 million payday as it auctions off 50,000 bitcoins seized from alleged Silk Road kingpin Ross Ulbricht, otherwise known as Dread Pirate Roberts.
South Korean Web giant Daum Kakao has teamed up with 16 banks to launch a mobile wallet service for online, offline and person-to-person payments.
Twitter users can now tweet to donate cash to the UK's Children in Need charity campaign, 'Be a Hero', through a service developed by the Post Office and IMImobile.
Snapchat has teamed up with Square to enable users to send each other money through the Photo sharing app.
© Finextra Research 2014