Allied Irish Bank (AIB) says that "technical issues" have led to problems with some online, mobile and branch transactions.
App-only bank Mondo is the latest UK challenger bank to gain a banking licence from the Financial Conduct Authority and Prudential Regulatory Authority.
Raphaels Bank is to begin offering Faster Payments services to UK fintech companies as it becomes the first new bank to connect directly to the scheme since its inception in 2008.
America's biggest banks are joining forces to combat the growing threat from cybercriminals, setting up a group that will work on preparing for attacks and improving information sharing, according to the Wall Street Journal.
Visa is to equip all 366 British athletes, as well as 150 support crew, with a Team GB-branded Payment Band for making tap-and go purchases during the Olympics.
Bank of America Merrill Lynch, HSBC and the Infocomm Development Authority of Singapore have claimed success in demonstrating the application of distributed ledgers to replace paper-based Letters of Credit in trade finance transactions.
Apple has accused Australian banks of using "innuendo and misstatements" to support their attempts to overcome restrictions imposed by the consumer electronics firm on the use of iPhones for mobile payments.
Chinese web behemoth Alibaba is working on bringing its payments clout to VR, developing technology that will let people buy goods in a virtual world by making physical gestures.
Oracle is warning users of its Micros POS payments technology of a data breach which saw malicious code installed on its systems.
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.
© Finextra Research 2016