Mastercard is joining the Facebook Messenger gold rush, developing artificial intelligence chatbots for banks and merchants that allow customers to transact, manage finances, and shop via the platform.
Nationwide Building Society has engaged a team of outside experts to provide fresh insights to a board sub-committee exclusively dedicated to IT strategy, technology, resilience, innovation and business transformation.
Bank of America has unveiled Erica, an AI chatbot that will be available to answer queries and help the bank's million of mobile app users make smarter spending and saving decisions.
Chinese payments behemoth Alipay is moving in to the US market through deals struck with Eftpos terminal suppliers First Data and Verifone.
The UK's position at the centre of the fintech world is under threat as its top companies become overshadowed by Chinese giants, a new report from KPMG and H2 Ventures suggests.
Singapore's POSB has run successful trials of an in-school wearable and tech saving programme to help cultivate sensible savings and spending habits among young students.
US Facebook Messenger users will soon be able to make payments to bots within the app through their PayPal accounts.
Coins, a startup using blockchain technology to boost financial inclusion in Southeast Asia, has raised US$5 million in a Series A round led by a fund backed by non-profit Accion.
TD Ameritrade and its largest shareholder TD Bank have agreed to acquire online brokerage Scottrade for an estimated $4 billion, marking a new wave of consolidation in a market hard hit by robo-advisors and a switch away from day trading to passive investments by consumers.
UBS has named its former Apac CIO Peter Stephens as head of blockchain, replacing Alex Batlin who jumped ship last week to join BNY Mellon.
Commonwealth Bank of Australia and Well Fargo are claiming a world-first interbank open account transaction using a blockchain and the Internet of Things for the shipment of goods across international borders.
© Finextra Research 2016