BBVA Compass took a $60 million goodwill impairment charge on its Simple digital banking unit in the fourth quarter.
A Swiss online bank is introducing a virtual reality trading application which uses a VR helmet to create a a 360° trading wall for users to monitor the markets and make trades with a glance.
Research from Capgemini highlights a striking dichotomy between the views of consumers and banking insiders about levels of security in financial services.
Canada's Scotiabank has fleshed out its "digital transformation" plan, predicting that its massive outlay on new technology will lead to big efficiency improvements.
The UK's largest nine banks have been given a year to develop and adopt an Open Banking API interface for customer data sharing in a final order by the Competition and Markets Authority.
Designed and developed by a team of millennials, Emirates NBD has launched a lifestyle-focused digital-only bank, Liv..
Mastercard and UniRush have been ordered by the Consumer Financial Protection Bureau (CFPB) to pay $13 million over a technology breakdown in 2015 which left tens of thousands of customers unable to access their money.