Singapore's Government Investment Corporation (GIC) is close to agreeing a deal to acquire 10% of UK challenger bank OakNorth, according to Sky News.
National Australia Bank is to shed 6000 jobs and retire up to 20% of its existing IT applications and 50% of its product line under a three-year programme designed to simplify the bank and reshape the workforce for the digital age.
Visa is to bring its real-time payments platform to market in Europe after experiencing strong growth in other key markets globally.
With more than half of small business owners in the UK concerned about their ability to get bank loans, many are turning to alternatives such as crowdfunding and P2P lending, according to a WorldPay survey.
Plans by the UK's Link network to cut the amount that banks pay to fund free-to-use cash machines will lead to "ATM deserts" and cause communities to wither, warns an industry association.
An increasing reliance on artificial intelligence by banks, insurers and hedge funds could have unintended consequences and threaten the financial system's stability, warns a report from a top global watchdog.
Canadian debit network Interac has introduced support for Samsung Pay, enabling customers of participating banks to add their cards to the mobile wallet and make NFC payments.
A new Russian hacking group operating under the name of Silence has hit at least ten banks across the world with a piece of malware that opens up access to infected computers to compromise banking networks.
The Reserve Bank of India has hit YES bank with a $1 million fine for failing to promptly report a breach of its ATM network.