Bangladesh's central bank has warned that anyone using bitcoin in the country could face a jail term of up to 12 years.
CME Group has revamped its leadership structure, naming company veteran Kim Taylor president of global operations, technology and risk.
Commuters using the London tube network can now tap their contactless bank cards on the ticket barriers to pay for their journeys, further displacing cash on the capital's transit system.
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.
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.
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.
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.
Swedish personal finance app outfit Tink has raised $4 million in Series A funding to expand internationally and recruit new staff.
Spain's BBVA is to invest $1.2 billion on technology projects in South America over the next two years as it looks to grow the number of customers using digital and mobile channels to access the bank.
Digital currencies do not currently pose a material risk to monetary or financial stability in the United Kingdom, says the Bank of England, but the underlying technology does have the potential to transform the financial system more generally.
Over one million people have used the UK's Current Account Switch Service to move banks since the scheme was introduced less than a year ago, heralding a new era for competition in the banking industry declares the Payments Council.
MasterCard has lost a seven-year battle with the European Commission over the validity of its interchange fees for cross-border card payments, following a decisive judgement at the EU's highest court.
Bitcoin ATM manufacturer Robocoin is to use PalmSecure biometric technology from Fujitu to strengthen authentication in its worldwide network of kiosks.
Spain's Banco Sabadell is hosting its first hackathon, providing competing teams of developers with open access to its bank service API to generate fresh ideas and innovative financial applications.
Visa has taken advantage of the hoopla surrounding Apple's application of digital account tokens to replace card numbers for online and mobile purchasing by initiating the roll out of its Token Service to US clients.
© Finextra Research 2014