Innovation

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Google integrates coupon service with Maps

/Innovation

Google integrates coupon service with Maps

Google is rolling out a tool which lets US firms create coupon offers and link them to its Maps service.

First bitcoin ATM set to go live

/Innovation

First bitcoin ATM set to go live

The first bitcoin ATM is set to go live at a downtown coffee house in Vancouver, Tuesday.

Switchless buys South African bitcoin exchange

/Innovation

Switchless buys South African bitcoin exchange

Switchless, a South African-based outfit which develops bitcoin-related software for financial institutions, has bought local bitcoin exchange BitX. Financial terms were not disclosed.

RBA looks to jump-start innovation with new Australian payments body

/Innovation

RBA looks to jump-start innovation with new Australian payments body

Frustrated by the slow pace of innovation in the Australian payments industry, the country's central bank has moved to establish a new industry co-ordination body, the Australian Payments Council.

ASB taps Google Street View for virtual office tours

/Innovation

ASB taps Google Street View for virtual office tours

New Zealand bank ASB is inviting people to take a virtual tour of its new head office and innovation lab via Google Street View.

Funding Circle scores $37m investment for US launch

/Innovation

Funding Circle scores $37m investment for US launch

Funding Circle, a UK-based online marketplace for business loans, has set its sights on the US market after securing a merger deal with local player Endurance Lending Network and closing a $37 million financing round.

TransferWise launches money transfer app

/Innovation

TransferWise launches money transfer app

UK-based international money transfer start-up TransferWise has launched a free iOS app, enabling users to send money overseas from their phones.

Bullish on bitcoin

/Innovation

Bullish on bitcoin

Richard Brown, executive architect, IBM thinks the future for crypto-currencies looks very bright.

Sweden's homeless turn to mPOS as cash payments dry up

/Innovation

Sweden's homeless turn to mPOS as cash payments dry up

Sweden's equivalent of the Big Issue is equipping homeless vendors with mobile phones and chip and PIN card readers from iZettle to accept payments by debit card from passersby.

RedBottle demos Google Glass app for buying instore items with bitcoins

/Innovation

RedBottle demos Google Glass app for buying instore items with bitcoins

An app that lets people use Google Glass to check-out items in high street stores and pay using Bitcoin has been released in the US.

BB&T turns to gamification for employee leadership training

/Innovation

BB&T turns to gamification for employee leadership training

US financial institution BB&T has developed a mobile gaming app designed to teach players valuable leadership skills.

The Italian NFC experiment

/Innovation

The Italian NFC experiment

Massimo Arrighetti, CEO, SIA, discusses the results of SIA's recent mobile payments pilot, issues with NFC and retailers, Sepa and T2S.

Sabadell prepares for Google Glass through 'Open Apps' platform

/Innovation

Sabadell prepares for Google Glass through 'Open Apps' platform

Spain's Banco Sabadell is inviting third party developers to generate fresh ideas for mobile banking through an 'Open Apps' innovation programme, with an ATM location application for Google Glass first off the production line.

WestPac NZ preps Sony Smartwatch app

/Innovation

WestPac NZ preps Sony Smartwatch app

The New Zealand arm of Oz bank WestPac is poised to launch an app for the Sony SmartWatch, enabling customers to check their balances from their wrists.

Square launches e-mail P2P payments service

/Innovation

Square launches e-mail P2P payments service

Following an invitation-only test, Square has opened up its free e-mail-based person-to-person payments service, Square Cash, to the American public.

Capital One closes commemorative bitcoin coin maker's account

/Innovation

Capital One closes commemorative bitcoin coin maker's account

A Texas-based firm that makes privately minted medallions claims that Capital One shut down its merchant account after it began making commemorative bitcoin coins.

Money2020 stirs up cashless society debate

/Innovation

Money2020 stirs up cashless society debate

While much of the chatter at the Money2020 conference in Las Vegas centred on schemes to eliminate hard cash, former Citibanker Jay Bhattacharya took a contrarian approach, brandishing a newspaper clipping from 1972 that confidently forecast the arrival of a cashless society by the end of the 1970s.

Dwolla kills support for bitcoin

/Innovation

Dwolla kills support for bitcoin

Payments firm Dwolla is severing its ties with bitcoin exchanges and services, cutting off a major route for moving funds between the virtual currency and its fiat cousins.

Level launches money meter app; raises $5m

/Innovation

Level launches money meter app; raises $5m

With $5 million in funding in the bag, US start-up Level has launched a money meter iOS app aimed at millennials bidding to keep track of their finances.

Indian central bank sets up mobile banking committee

/Innovation

Indian central bank sets up mobile banking committee

The Reserve Bank of India has set up a Technical Committee on Mobile Banking to examine the feasibility of introducing encrypted SMS-based funds transfers across all mobile handsets.

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