Pressure is mounting on the European Commission to postpone the implementation of securities market reforms under MiFID II by a year, as banks and brokers struggle to adapt their IT systems to meet the 2017 timetable.
Silicon Valley Bank (SVB) has shaken up its technology management team, appointing Bruce Wallace to the newly created position of chief digital officer and bringing in former Visa CIO Michael Dreyer as chief operations officer.
Italian digital wealth management startup MoneyFarm is preparing to enter the UK market after raising EUR16 million from Cabot Square Capital and United Ventures.
Royal Bank of Scotland is to trial technology from 12 'eco-innovation' startups across its property portfolio in Bristol as it bids to create its first carbon-neutral banch.
Illuminate Financial, a fintech venture fund for the capital markets industry, has closed its first round of capital raising with the support of Deutsche Börse and Markit.
Thomson Reuters has put all of its foreign exchange transaction venues onto one platform in a move it says creates a single point of access to the largest collective independent pool of FX liquidity.
Square says it expects to price its initial public offering at between $11 and $13 per share, valuing Jack Dorsey's payments startup at up to $4.2 billion.
The Website of Swedish bank Swedbank has been brought down by a suspected hacker attack.
US Bank is to offer an online expense reporting tool used by small business clients to its retail customer base, to help consumers make smarter decisions about their personal finances.
TalkTalk says only four percent of its four million customer accounts were stolen during the cyberattack that breached its corporate defences last month.
© Finextra Research 2015