16 September 2014

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UK mobile commerce joint venture Weve is abandoning plans to launch an NFC payments service because its telco owners failed to agree on an approach, according to the Telegraph.

Electronic trading in the corporate bond market is set to reach 20% in volume by 2016 as buy side investors spread the net in the search for new sources of liquidity, says Greenwich Associates.

Holland's ING has become the first bank in Europe to add a voice control mode to its mobile app, enabling customers to issue commands by speaking.

American Express is inviting academics and non-profit groups dealing with financial inclusion to submit ideas for commercial testing at a new 'Financial Innovation Lab'.

French banking group Banque Populaire Caisse d'Epargne (BPCE) has teamed up with Twitter to let customers tweet money to each other.

Monitise has posted a 31% rise in full year revenue but the mobile money firm's Ebitda losses widened as it took a short term hit on a decision to overhaul its business model.

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Nigerian police are on the hunt for an IT staffer at Skye Bank who hacked into the bank's systems and transferred $40 million to a raft of bogus accounts before going on the run.

A ten-day festival promoting the use of bitcoin kicks off with a round of drinks at the Old Shoreditch Station pub in London on Friday evening.

The UK Government is inviting the general public to enter a competition to design the 'tails' side of a new 12-sided £1 coin, which is set to go into circulation in 2017.

JPMorgan says it has not seen any unusual customer fraud related to a recent cyber-attack on the bank.

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