Aspiration, a fintech startup pitching itself as a "financial firm with a conscience", has raised $47 million in a Series B funding round led by Social Impact Finance.
A group of banks and fintech startups are backing a pilot with Malawian tea farmers that will use blockchain technology to try to create more sustainable supply chains.
China UnionPay has teamed up with more than 30 local commercial banks and payment institutions to launch a unified app for the country's banking industry.
Commonwealth Bank of Australia business customers will soon be able to accept a payment by simply tapping their phone with a contactless card or mobile wallet.
French IT service group Atos has made an unsolicited offer to acquire Gemalto for EUR4.3 with the aim of creating a European powerhouse in cybersecurity and payments services.
The world's third largest asset manager, State Street Global Advisors (SSGA), has taken a strategic minority stake in UK fintech startup and online pension manager PensionBee.
UK banks will have to inform customers about the number of operational and security incidents they have been exposed to under new rules designed to improve competition in the retail banking market.
Financial services giants American Express, HSBC and JPMorgan Chase have all joined a $40 million Series C funding round for "malware isolation" outfit Menlo Security.
A previously unreported Russian-speaking crime ring has looted $10 million from 20 successful attacks on financial institutions and legal firms in the USA, UK and Russia over the past two years.
Chase has opened a pop-up shopping mall at the World Trade Centre complex in Manhattan in an effort to encourage consumers to try out its under-performing proprietary mobile wallet Chase Pay.
© Finextra Research 2017