UK supermarket chain J Sainsbury says it is in "advanced negotiations" with Lloyds Banking Group to take over full ownership of Sainsbury's Bank.
Around one in seven card payments of under £20 are now contactless at UK retail giant Marks & Spencer (M&S), which is processing more than 230,000 tap and pay transactions every week.
Standard Chartered is to redefine the phrase 'armchair banking' by conducting mobile transactions with two mountaineers as they attempt to scale Mount Everest.
Deutsche Börse has merged its market data and analytics unit with external technology and connectivity services as it bids to boost its IT-related sales.
PayPal and Monitise are among a rich crop of first-time exhibitors making their way to Berlin in May for the pre-eminent annual event for the European payments industry, EBAday 2013.
The bank-backed Mobey Forum has established a global task force to assess the mobile point of sale (MPOS) revolution sweeping across North America and Europe.
A rogue staffer at competitive gaming firm Esea enslaved users' computers to run a background bitcoin mining operation that generated around $3700 worth of the digital currency.
A partnership between the world's biggest bitcoin exchange, MT. Gox, and US counterpart CoinLab has turned ugly, with the latter suing the former for $75 million.
MasterCard is reporting positive results from a year-long global social media monitoring campaign, tapping into conversations across 43 markets worldwide to gain insights and drive its business strategy.
Recently-reopened US bitcoin exchange Tradehill has moved to beef up its security through a partnership with online identity verification start-up miiCard.
© Finextra Research 2013