Former ING Direct CEO Arkadi Kuhlmann has launched a mobile banking service in Canada that promises to cater to "citizens of the world" through a multi-currency savings account.
Speaking today at Citi's annual Digital Money Symposium event, Greg Baxter, global head of digital strategy at the US money centre bank, questioned the long-term economic viability of bitcoin as a global currency.
Halifax has launched a tailored online banking service for young customers aged between 11 and 15 in an effort to promote better money management skills.
The future of the blockchain and the use of the Internet of Things in financial markets are among the challenges set out by banks participating in the next Startupbootcamp hackathon in London.
The US Federal Reserve has set out a series of options for speeding up the country's antiquated payments system.
Coinbase has launched America's first regulated bitcoin exchange, helping to push the crypto currency's price past the $280 mark.
E-commerce payment processor WePay has integrated with Google's Instant Buy API, a service that lets Google Wallet users check out in just two clicks on mobile and web without exposing their sensitive information to third parties.
Andreessen Horowitz, the investment firm which rose to prominence thanks to big bets on Facebook, Twitter, Airbnb, and Pinterest among other, has led a $58 million funding round in UK money transfer startup TransferWise.
Dubbed 'the Simple for Europe', after the US-based banking startup now owned by Spanish Bank BBVA, online-only bank Number26 has begun taking deposits from pre-invited customers in Germany and Austria.
UK banks are experiencing faster growth rates for digital services by customers in the 70s and 80s, according to the latest data from the British Bankers Association.
© Finextra Research 2015