Banks need to offer more than basic transactional online and mobile services if they want to win over millennials being tempted by more nuanced, personalised services from new fintech disruptors, warns a report from BBVA Compass.
Startup digital-only lender Charter Savings Bank has been given the go-ahead by regulators to begin taking deposits.
Nine Polish banks have confirmed plans to commercially launch mobile contactless payments using Visa's Host Card Emulation technology from early next year.
Seven financial technology startups have won the chance to present their ideas to a panel of banks and investment firms at Accenture's London FinTech Innovation Lab, in what many market-watchers are expecting to be a break-out year for innovation in financial services.
Bitcoin firm Circle has added support for contactless mobile payments to its Android app, enabling crypto-currency enthusiasts to make instore purchases with a wave of their phone.
BMW has teamed up with MasterCard on a contactless credit card than can be used to pay for, unlock and operate a vehicle from the DriveNow car-sharing fleet.
Crowdfunding site Kickstarter has ditched long-standing payments partner Amazon and signed up with Stripe in a move designed to make life easier for both project creators and backers.
San Francisco is prepping a pilot that will let riders on the Municipal Railway (Muni) purchase and use fares through a mobile app.
Online money transfer provider Xoom says it has been hit by fraudsters who sent $30.8 million in corporate cash to overseas accounts.
The cash in your wallet may be teeming with bacteria, but the ATM could soon become a pestilence-free zone, thanks to a new initiative by Diebold.
© Finextra Research 2015