European banks closed over 9000 branches last year and shed 50,000 staff as customer defections to online and mobile channels surged, according to data from the European Banking Federation.
JPMorgan Chase chief Jamie Dimon has upped the ante in his criticism of bitcoin, declaring the cryptocurrency a fraud and warning that he would fire any trader caught dealing in the coin for being "stupid".
Rabobank is to use Application Performance Monitoring technology from Dynatrace to map every single customer interaction with the bank across multiple touchpoints.
Apple has ditched Touch ID for Face ID in its new iPhone X, enabling users to authenticate themselves - including for Apple Pay and apps that support the feature - simply by looking at their handsets.
UBS, IBM and car parts manufacturer ZF are working together to build a blockchain-based payments system that automatically collects fees for things such as parking and power charging.
Nordic payments processor Nets is to enable instant P2P payments to customers of all Norwegian banks who use the Vipps mobile payments app.
Starling Bank has gone live with its Marketplace model, enabling customers to tap into third party services from fintech firms direct from the challenger bank's mobile app.
Belgium's major banks and mobile network operators have joined forces to create an app that lets people replace their various online usernames and passwords with a single code or fingerprint.
Santander InnoVentures has joined a $6 million funding round for PayJoy, a San Francisco-based startup working to help underbanked people buy smartphones.
Lloyds Bank has agreed to let Intuit QuickBooks customers in the UK automatically import transactions from their bank accounts.
© Finextra Research 2017