America's move to EMV is being hampered by slow merchant adoption, with chip cards accounting for just four per cent of all debit transactions, according to research from the Pulse network.
The Australian Government has set up a specialist cyber-intelligence unit to crack down on terrorist financing, money laundering and online payment fraud.
Bats Europe is to license technology from US block trading venue Bids to launch a new service for the European equity market.
The UK's Competition and Markets Authority is relying on a technological revolution driven by the introduction of Open APIs to kick start competition in the UK market for personal and business bank accounts, following a two-year investigation into the sector.
The United States Marshals Service is set to auction off 2700 Bitcoin, currently worth around $1.6 million, that were obtained during various cases related to the Silk Road dark web marketplace.
Deutsche Bank has been slapped with a $12.5 million fine for failing to prevent the dissemination of confidential information over its 'squawk box' internal speaker system.
Digital challenger bank, Mondo, has reached a £20 million spend on its mobile app just four months after moving in to a public Beta phase.
Innotribe, the innovation arm of Swift, is expanding its capacity at the messaging co-operative's annual Sibos jamboree by 50%, but don't expect any chat about distributed ledger technologies, which has now been swallowed up by the mainstream event.
Hacked Hong Kong bitcoin exchange Bitfinex is looking to raise fresh funding to compensate users who lost out as a result of a $71 million currency theft last week. In the interim, the exchange is sharing the losses across its entire user community, carving a 36% chunk out of all depositor credits.
Simon Leifer, partner at D2 Legal Technology, says financial firms should not underestimate the time and effort that will be needed to check their legal and derivatives contracts to ensure that they are not caught out by the effects of Britain's exit from the European Union.
© Finextra Research 2016