Citi has named Vanessa Colella chief innovation officer and CEO of its venture capital arm, replacing Debby Hopkins, who is retiring, according to Reuters.
American Express is bringing contactless mobile payments to Canadian cardholders with Android devices.
Amazon Web Services (AWS) has named a host of tech firms - including Accenture, Nice Systems and Moven - as launch partners for its new financial services competency programme, which is designed to connect cloud customers with trusted tech experts.
Bank of America chief Brian Moynihan says the arrival of real-time payments combined with advances by cherry-picking fintech startups threatens to derail long-held assumptions about bank ROI levels from technology spending.
Japan Exchange Group is to form a consortium of financial institutions to run trials of the use of blockchain technology in capital markets infrastructures.
The Indian Government's actions to remove Rs500 and Rs1000 banknotes from circulation has hit earnings forecasts for ATM operator Euronet Worldwide, which has issued revised fourth quarter guidance.
The European Payments Council has confirmed a November 2017 launch date for a pan-European instant credit transfer scheme that will bring real-time money transfers across the Single Euro Payments Area (Sepa).
MasterCard is adding artificial intelligence as a core component to its network in an effort to provide better risk scoring across all transactions and cut the number of false declines.
BNP Paribas is participating in a EUR1.3 million funding round for PayCar, a fintech startup for purchasing second-hand cars that emerged from the French bank's accelerator and incubation unit L'Atelier.
Vegetarians and vegans are up in arms after the Bank of England confirmed that its new plastic £5 note contains traces of animal fat.
© Finextra Research 2016