Singapore's DBS is expecting to slash 75% of the running costs of its main data centre by shifting it to a cloud-based environment.
National financial technology organisations from six Asean countries have banded together to form a network designed to foster collaboration and boost the region's position as a fintech hub.
Barclays has become the first of the high street incumbents to engage with Flux, a digital receipt startup that is gaining traction with the new wave of UK challenger banks.
The peer-to-peer lending industry has the potential to destabilise consumer balance sheets, with loan performances bearing a striking resemblance to the subprime mortgage market before the 2007 crisis, warns a new paper from the Cleveland Federal Reserve.
PayPal has launched a new feature that lets people club together to track and share the costs of spending on group activities or personal goals.
Interdealer broker Tullett Prebon has suffered a network outage that has hit users of one of its voice broking businesses.