NatWest has partnered with Silicon Valley start up SpendLabs to develop a new app to help businesses digitally manage company spending.
Bank of America customers can now add credit and debit cards to their PayPal accounts directly from the lender's mobile app.
BBVA is testing a facial recognition system at its inhouse cafetaria that is capable of recognising users and their orders and charging their cards as part of a strategy to render checkouts and payments 'invisible'.
UK consumers lost £236 million to authorised push payment scams in 2017, the first year that Britain's banks have reported data on the fraudulent activity, in which bank customers are duped into transferring cash to criminal accounts.
With Brits increasingly turning to electronic payments, the UK government has raised the possibility of ditching 1p and 2p coins and even £50 notes.
US bank Capital One is bidding to make online shopping safer through a new feature within its Eno chatbot that lets customers use virtual card numbers for ecommerce purchases.
Saudi Arabia's Riyad Bank is getting into the wearables market, launching a contactless bracelet and stickers for cell phones.
Sydneysiders hopping on and off the city's busy commuter ferries and light rail services can now pass through the turnstiles with a tap of their payment cards and smartphones.
Having just raised $20 million in a sold-out token sale, British blockchain-based banking platform Babb has set its sights on opening its first bank accounts before the end of the year.
Furthering its ambitions to displace cash in emerging markets, Mastercard has acquired mobile payments technology company Oltio from South Africa's Standard Bank.
© Finextra Research 2018