JPMorgan Chase has stumped up $3 million in prize money to entice developers to build applications that directly address consumer debt and financial well-being.
With offices in Lagos and London, VoguePay is looking to build a payment processing bridge connecting Africa's one billion people to the global market. Founders Geoffrey Weli Wosu and Michael Simeon speak to Finextra about their startup.
ATM manufacturer Diebold claims to have found the answer to skimming fraud with a new reader that requires users to insert their card sideways on to prevent the copying of data stored on the magnetic stripe.
Deutsche Bank has signed a ten-year, multi-billion dollar deal to outsource a large chunk of its wholesale IT infrastructure to HP.
Visa Europe is to launch a tokenisation service customised for the European marketplace in mid-April in a move which would pave the way for the roll out of Apple Pay across the continent.
Google is attempting to revive its flagging mobile wallet service by getting its app pre-installed on handsets sold by America's biggest telcos. In addition, the firm is buying technology from its telco-owned rival, Softcard, which looks set to be killed off.
The European alternative finance market as a whole grew by 144% last year – from €1,211m in 2013 to €2,957m in 2014, according to benchmarking research by the University of Cambridge.
As part of its Digital Acceleration Programme, Citi has invited entries from teams across Europe, the Middle East, and Africa for the next stage of its mobile development challenge.
As chief information officer at Canadian direct bank Tangerine, Charaka Kithulegoda is at the forefront of the drive to take financial services mobile. He talks to Finextra about how technology is changing the banking landscape.
A shell company formed for the purpose of acquiring a foothold in the hot fintech space has raised a $100 million war chest through an issue of ten million shares.
© Finextra Research 2015