03 September 2014

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Nearly two thirds of UK financial services firms consider cloud computing very or somewhat critical to their enterprise IT strategy but security and regulatory concerns about the technology persist, according to research from Finextra.

Yorkshire Bank has apologised to customers following a computer breakdown that knocked out its branches and Internet banking services and scuppered overnight payments in and out of accounts.

China's Alipay has teamed up with handset maker Huawei to develop a system which lets people make mobile payments with their fingerprints.

Australian point-of-sale payments provider eftpos is moving online, testing a new system for web-purchases at supermarket chain Coles.

YouTube has introduced a feature which enables viewers to make donations to their favourite content creators through Google Wallet.

Having proved itself a hit in Spain, the BBVA HCE-based mobile payments app is set to be launched in the US, Mexico and Chile by the end of the year.

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The British government is urging EU nations to expel Russian banks from the Swift financial messaging network, as tensions grow over the escalating crisis in Ukraine.

Amazon has hired Visa's North America credit card head Nick Talwar to run its business providing capital to sellers on its marketplace.

Russia's Sberbank has come up with the purrfect gimmick to entice customers - the loan of a free cat with every mortgage.

Citi CEO Mike Corbat has become the latest Wall Street heavyweight to prove that bankers do have hearts, and marketing savvy, by taking the ALS Ice Bucket Challenge.

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