Singapore's POSB has run successful trials of an in-school wearable and tech saving programme to help cultivate sensible savings and spending habits among young students.
US Facebook Messenger users will soon be able to make payments to bots within the app through their PayPal accounts.
Coins, a startup using blockchain technology to boost financial inclusion in Southeast Asia, has raised US$5 million in a Series A round led by a fund backed by non-profit Accion.
TD Ameritrade and its largest shareholder TD Bank have agreed to acquire online brokerage Scottrade for an estimated $4 billion, marking a new wave of consolidation in a market hard hit by robo-advisors and a switch away from day trading to passive investments by consumers.
UBS has named its former Apac CIO Peter Stephens as head of blockchain, replacing Alex Batlin who jumped ship last week to join BNY Mellon.
Commonwealth Bank of Australia and Well Fargo are claiming a world-first interbank open account transaction using a blockchain and the Internet of Things for the shipment of goods across international borders.
Blockchain consortium R3's mission to extend its membership base across the full spectrum of financial services has been boosted by the arrival of US consumer finance outfit Synchrony Financial to its roster.
Japan's Mizuho is the latest banking giant to set up an innovation lab as it bids to nurture a fintech ecosystem and build up relationships with startups.
British app-only challenger bank Mondo is sporting a £50 million valuation after raising £4.8 million in an interim funding round led by Passion Capital.
Japan's SBI Securities is working with IBM to test the use of blockchain technology for a new type of bond trading platform.
© Finextra Research 2016