The Reserve Bank of Australia has no plans to issue electronic dollar banknotes, says governor Philip Lowe in a speech in which he also dismisses the current fascination with bitcoin as a "speculative mania".
A US judge has dismissed a lawsuit brought by the New York Department of Financial Services (NYDFS) seeking to block plans by the Office of the Comptroller of the Currency (OCC) to grant fintech charters.
As MiFID II looms into view, Swiss bank UBS is leading a pilot that will use Ethereum smart contracts to improve the quality of counterparty reference data through anonymous reconciliation.
Credit Suisse has acquired a ten percent stake in Singaporean digital wealth aggregation platform Canopy.
Google has teamed up with Portland's public transport operator TriMet to make the world's first virtual transit fare card available within Android Pay.
Schroders in Singapore has launched an online chatbot operating through Facebook Messenger to answer client queries and fetch and display requested fund management data.
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JPMorgan Chase and Barclays are among the first firms to tap into the IBM Q early-access commercial quantum computing systems.
Swedish mPOS pioneer iZettle has raised €40 million in funding to accelerate growth and pave the way for a potential IPO.
Nordea is to give selected third parties access to live customer datasets as it moves into the final stages of its Open API pilot trials.
UK innovation agency Nesta has doled out £1 million to ten firms who participated in a contest to inspire the creation of new products and services using Open Banking APIs.