The Berlin Group, a-European payments interoperability coalition of banks and payment processors, is pushing a single standard for API access to bank accounts to comply with new regulations on freeing up customer data under PSD2.
Revolut's transformation from a money transfer app to a full-scale bank is picking up pace as the UK fintech firm launches a business platform for British and European companies to manage international payments, payroll and corporate travel.
Competition in the market for mobile P2P payments is about to reach boiling point in the US as bank-backed network Zelle begins its roll out to the banking apps of more than 30 participating financial institutions.
Emirates Islamic is to use a combination of QR codes and blockchain technology to bolster fraud prevention for old-fashioned paper cheques.
Amazon's advance on bank lending operations is picking up steam as the online mall releases figures showing that it lent more than $1 billion to small businesses in the last 12 months.
A stellar line-up of 27 senior bankers and fintech experts will be onstage at the Finextra SAP Financial Services Forum in London next month to detail winning strategies for banks competing in a digitally-driven business market.
Bank of the Philippine Islands is extending branch opening hours and suspending all electronic channels after an internal processing error resulted in the double posting of transactions across customer accounts over a five-day period.
A Dublin-based social payments outfit founded by former Facebook and Wonga staffers Charles Dowd and Clive Foley has raised €25 million in a Series A funding round led by private investment trust, Swiss Privée.
The Brexit cloud may loom large but, for now, the UK remains at the centre of Europe's financial technology scene, home to nearly two thirds of the firms that make it into this year's FinTech50.
Apple is to challenge Venmo and bank-backed network Zelle by introducing peer-to-peer payments as part of a forthcoming update to its mobile operating system.
© Finextra Research 2017