Blockchain payments startup Align Commerce has closed a $12.5 million funfing round led by Kleiner Perkins Caufield & Byers (KPCB).
The march of China's tech giants into banking continues unabated, with news that Internet search company Baidu is to establish an Internet bank in partnership with China Citic.
MasterCard is bidding to develop a standard technical specification to ease the integration of retailer loyalty programmes with bank-issued mobile payments apps.
A team of developers from Venice has scooped the $100,000 grand prize for PayPal's 2015 Battlehack series, marking the culmination of a globe-trotting hackathon that took in 14 cities worldwide.
The rise of bitcoin could leave central banks struggling to implement monetary policy and unable to act as lenders of last resort, the Bank of Canada's senior deputy governor has warned.
US exchange operator Nasdaq could be heading north through the $100 million acquisition of Chi-X Canada, according to Bloomberg.
The UK's Financial Conduct Authority (FCA) says that it sees "no fundamental reason" why the firms it regulates cannot use public cloud services.
Intercontinental Exchange (ICE) is buying Trayport, a trading technology firm focused on the European energy markets, from BGC Partners for $650 million in stock.
Nick Leeson, the infamous rogue trader whose unchecked risk-taking caused the collapse of Barings Bank twenty years ago, has set up a consultancy to help firms avoid a similar fate to that suffered by his former employers at the UK's oldest merchant bank.
MasterCard has selected just four startups from more than 200 applicants to participate in a six-month long global Start Path class.
© Finextra Research 2015