Commonwealth Bank of Australia has been forced to defend its commitment to cyber security after it emerged that the lender is set to offshore some critical IT functions.
Blockchain consortium R3 is collaborating with 12 banks and technology vendor TradeIX on an open-account trade finance project for corporate buyers and sellers around the world.
Japanese banks are fighting back against the threat from China's Alibaba with plans to introduce their own digital currency in time for the 2020 Tokyo Olympics.
Australia's big four banks are ditching the fees they charge non-customers for using their cash machines.
Mastercard has teamed up with crystal seller Swarovski on a virtual reality app that immerses shoppers in a "home" where they can browse and purchase items using Masterpass.
Monzo is trialling a feature that lets customers change their energy providers through a feed item in the digital bank's app.
Germany's Commerzbank has hailed the potential of blokchain technology for money market trades, having successfully replicated a EUR100,000 Euro Commercial Paper transaction with a limited number of trading partners.
Nordic payments processor Nets has received a $5.3 billion takeover offer from US private equity firm Hellman & Friedman.
BBVA's mobile banking strategy is picking up pace, with the bank predicting that virtually its entire portfolio of Spanish banking products will be available as an app-based service by year-end.