Nearly 40% of banked Americans that have mobile phones now use their handsets to access their accounts, according to research from the Federal Reserve Board.
PayPal has agreed to pay $7.7 million to settle charges from the US Treasury that lax screening technology saw the firm violate multiple sanctions programmes.
Global investment in fintech ventures tripled from $4.05 billion in 2013 to $12.2 billion in 2014, with Europe being the fastest growing region in the world, according to a new report by Accenture.
The UK government's midata initiative has launched, enabling Brits to download their current account transactional data and put it into online tools that will help them find the most suitable providers.
Some 57% of trading volume in European government bonds was executed electronically in 2014, up 14 percentage points since the onset of the global financial crisis according to a new report from Greenwich Associates.
Barclays and PayPal are among a list of nine companies applying to act as identity providers for UK consumers accessing Government services online.
British banks will have to provide 12 weeks' notice of branch closures and publish assessments of the impact on customers, under a new protocol to be published this week. However, the agreement is unlikely to slow the rush to cut expensive branch networks, stressing that closures are ultimately commercial decisions.
The Bank of England has been told it needs to improve contingency arrangements and strengthen its crisis management framework following an independent review of the ten-hour breakdown in the operation of the UK's high value payments system, Chaps, last year.
Google is plotting a service that enables people to receive and pay their bills through Gmail, according to an internal document seen by Re/code.
ANZ is to release a cloud-based mobile wallet application later this year as an upgrade to its popular goMoney app in New Zealand.
© Finextra Research 2015