Nearly half of US adults have increased their mobile banking usage in the past year, with almost a third of Americans using their banking app more than any other on their phone, according to a Citi survey.
Finextra has assembled an all-star cast of sponsors and speakers for next month's NextGen Banking London: the AI Revolution event, shedding light on a technology billed by Gartner as the most disruptive to engulf the enterprise over the next ten years.
Deutsche Bank's research unit has unveiled an interactive web tool that uses big data in an effort to quantify the importance of intangibles, such as environmental and social issues, on stock prices.
Lending Club has been charged by the Federal Trade Commission with deceiving customers by promising "no hidden fees" and then taking money from their accounts without authorisation.
TSB has admitted that it may take another week to get its Internet and mobile banking systems functioning properly, as 50% of customers remain unable to reach their accounts online.
Five money transfer operators from across the EU and Asia are to tap Ripple's xVia API to open a new corridor for funneling payments across RippleNet.
BBVA has closed a EUR75 million corporate loan deal with technology partner Indra, performing the complete process from negotiation to the signing of the loan over a mix of different public and private blockchain-based platforms.
Revolut has raised $250 million, boosting its valuation five-fold to $1.7 billion.