Bank-backed Hong Kong ATM network Jetco is to launch a P2P mobile payment system with a consortium of 12 of the territory's leading banks.
CaixaBank and its newly-launched mobile subsidiary imaginBank are to be the first in Spain to roll out mobile payments services on Samsung Pay.
The Netherlands has the potential to become a fintech hub, but only if the country's regulatory framework is overhauled and banks, startups and government improve cooperation, according to a new report.
The rise of electronic trading in fixed income markets could lead to liquidity issues in times of stress, according to new research from the Bank for International Settlements (BIS).
Digital Asset Holdings, the blockchain startup helmed by former JP Morgan luminary Blythe Masters, has raised more than $50 million in a funding round joined by some of the biggest names in financial services, including Citi, Deutsche Börse and Santander InnoVentures. One of the investors, the ASX, has also handed Digital Asset a contract to design a post-trade settlement system using distributed ledger technology.
There were 427 fintech mergers and acquisitions in 2015, worth a combined $64 billion, double the value of deals the previous year, according to figures pulled together by Berkery Noyes.
Professional services giant PwC has set up a blockchain team at its Belfast office as it seeks to exploit and commercialise the technology behind cryptocurrency Bitcoin.
Paymit, the mobile-to-mobile payment app developed by UBS, Zurcher Kantonalbank, Swisscom and SIX has recruited an additional three banks ahead of a planned February roll out to retailer eftpos terminals.
Spending on contactless cards in the UK has hit a record £1 billion in a single month for the first time.
Digital-only challenger bank Fidor has launched its first physical product in the UK market, a contactless debit card developed with input from its online user community.
© Finextra Research 2016