Barclays has developed a set of emojis to help bashful Brits overcome awkward conversations when asking family and friends for money.
China likely hacked computers at the Federal Deposit Insurance Corporation (FDIC) between 2010 and 2013 and the attacks were covered up by staffers at the regulator, according to a Congressional report.
As ANZ rolls out Android Pay to its customers, the Australian bank's chief executive Shayne Elliott has predicted that mobile payments could displace plastic cards in well under a decade.
The US Securities and Exchange Commission has slapped a $7 million fine on Citigroup to settle charges that a computer coding error caused the firm to provide the agency with incomplete 'blue sheet' information about trades it executed.
MasterCard is to pay £68.6 million to the UK supermarket chain Sainsbury's after losing a Competition Appeal Tribunal hearing over interchange fees.
The Singapore Exchange has yet to give a time for the re-opening of the market after a technical glitch at 11.38am shut down trading for the entire day.
Starling Bank, the latest digitally-native mobile challenger bank to hit the UK, has been granted a banking license by the Prudential Regulatory Authority (PRA) and the Financial Conduct Authority and is inviting prospective customers to sign up ahead of a formal launch in January 2017.
More than two thirds of Europeans want to use biometrics as a method of payment authentication, with convenience and security the main reason for its popularity, a Visa survey shows.
The profound change underway in the payments industry is good news for some of Europe's biggest fintech firms, including Gemalto and Ingenico, which are set to benefit from years of "secular tailwinds", according to research from Citi.
After two years in stealth mode, a British startup run by a gaggle of former Google engineers has come into the light claiming to have solved the greatest challenge in fintech: how to replace core banking systems.
© Finextra Research 2016