The European Securities and Markets Authority (Esma) warns that any large-scale use of distributed ledgers across the financial services sector would first need to address a number of key challenges in terms of interoperability, governance and privacy issues and risk creation.
US-based neobank Moven is setting its sights on Europe, launching a money tracking app in the UK.
BNP Paribas is to invest EUR3 billion in a three-year business plan to build the 'bank of the future'.
VC investment in UK fintech dipped dramatically in 2016, showing a 33.7% downward slide to $783 million, in contrast to the $1.2 billion raised in the pre-Brexit 2015 glory days.
Credit Suisse has carried out a global hackathon to find ways in which the R3 Corda distributed ledger platform can be used to make big cost savings.
Several Polish banks have seen workstations infected with malware that appears to have originated from the country's financial regulator.