The world's banks are to hike their IT and innovation budgets over the coming year to counter the growing threat from large tech companies like Apple and Google, according to a Capgemini survey of clients of core tech vendor Temenos.
Hilton Hotels has confirmed a malware breach that siphoned customer payment data at the checkout, becoming the latest hotel chain to be hacked in a spate of online assaults hitting the hospitality sector.
Alternative payment methods such as ewallets are overtaking cards as the most popular way to buy online, according to new research from WorldPay.
Technology vendors supplying services to financial market infrastructures (FMI) should be subject to rigorous cyber-security checks to protect the integrity and stability of the financial system, say global regulators in a new consultative paper.
In the wake of the Paris attacks, France's finance minister, Michel Sapin, says that European authorities need better access to Swift data in the fight against terrorism.
Turkey's Isbank is contemplating replacing its ATM fleet with a new generation of keyless and cardless machines that use QR codes or bluetooth beacons to recognise consumer smartphones and dispense cash.
Post-trade technology company Kynetix is working with a consortium of industry stakeholders to explore the use of distributed ledgers in handling title ownership and transfer in the commodities market.
The world's central banks could be rendered irrelevant by the wide-scale adoption of digital currency schemes, the Bank for International Settlements has warned.
Spanish bank BBVA has ploughed £45 million into the UK's Atom Bank, becoming the largest shareholder in the digital-only startup with a 29.5% stake.
Ingenico has signed up BNP Paribas to run consumer tests of a new generation of advertising display screens incorporating contactless payment capabilities.
The FIX Trading Community is opening its technical standards process to software developers throughout the financial industry using GitHub, with several high performance projects already published to the repository.
© Finextra Research 2015