UK innovation agency Nesta has launched a £5 million prize fund to inspire the creation of new products and services using Open Banking APIs.
PayPal is looking to steal a march on financial services firms in the underbanked bill payment space by acquiring North American processor TIO for $233 million.
Swiss core banking vendor Temenos is to buy Australian partner Rubik for US$50 million.
Euronext is to roll out a block trading services for large in scale orders in European equities using technology from New York-based AX Trading.
New Jaguar owners can now use their car’s touchscreen to pay for fuel at Shell service stations in the UK using PayPal or Apple Pay.