Germany's Commerzbank has made its first fintech investment through a new venture fund, pumping $12 million into social trading network eToro.
Financial messaging network Swift has introduced an automated data look-up service that identifies and validates payments reference data in real-time, reducing the time spent by bank back offices in correcting errors resulting from manual repairs and investigations.
Google has moved to give users of its Wallet mobile payments service more security by ensuring that their funds are now FDIC-insured, according to Yahoo Finance.
Lloyds Banking Group has teamed up with the School of Computing Science at Newcastle University to challenge student coders to develop applications that encourage young people to become more engaged with banking.
NatWest and RBS customers have fired off a volley of complaints following a two-day breakdown in service from the bank's mobile apps.
Assetz Capital, a British peer-to-peer lending platform exceeded its fundraising target of £2 million by raising funds from 731 investors through specialty crowdfunding platform Seedrs.
The Future Trends in UK Banking report from the Centre for Economics and Business Research (Cebr) and Fiserv predicts that the use of online, mobile and digital banking will continue to increase in the coming years.
People may only just be coming round to the idea of using their fingerprints to authenticate themselves, but a PayPal executive is already looking ahead to a time when we embed and ingest devices that identify us at the point-of-sale.
Apple is hoping to launch its mobile payments service in Canada this autumn, although the firm is still wrangling with banks over fees and security concerns, according to the Wall Street Journal.
In our continuing series, in association with the Breaking Banks radio show, looking at accomplished and interesting women working and changing the FinTech sector, Liz Lumley sits down with Anthemis Group co-founder and president Amy Nauiokas.
Over 500 of Europe's top banks, VCs and most promising startups will be gathering at the East Wintergarden in London's Canary Wharf next week for the second annual Finextra Future Money conference.
© Finextra Research 2015