On the day that Royal Bank of Scotland reported its first quarterly profit in 12 years, the sweet taste of success has turned bitter for customers of subsidiary NatWest who have seen transfers from accounts vanish and mobile apps and online banking go dark.
Digital charity box Pennies has teamed up with POS terminal maker Ingenico to make it easier for Brits to give money to good causes at the checkout.
Apexx, a fintech startup founded by former staffers at Zapp, Evo Payments and Xcordia, is launching in London with the goal of creating a transparent marketplace where merchants can browse and plug in to competing services from a network of acquirers and payment brands.
The ATM Industry Association has accused the anti-cash lobby of peddling "fake news" in a desperate attempt to promote the use of non-cash tech and card-based alternatives to drive financial inclusion efforts.
Payments Canada says the the UK's Vocalink, Italy's SIA and local player CGI will battle it out for the right to build the country's new core clearing and settlement system.
A cashless society is not only within reach, but is actively desired by a third of Europeans, according to research conducted by ING.
The rise of nonbank giants such as PayPal and WeChat is leading central banks to reassess to whom they should allow access to their payment and settlement systems, says a top Bank of Japan official.
Contrary to earlier reports, the new Samsung Galaxy S8 will not let users authenticate payments through facial recognition because the technology is still several years away from being sufficiently secure.
BBVA's ongoing strategy to buy out promising fintech startups has moved ahead with the acquisition of Mexican B2B payments platform Openpay.
Interbank messaging network Swift has rounded up an initial group of six leading correspondent banks to participate in proof-of-concept trials to determine if distributed ledger technology could help banks reconcile their nostro databases in real time.
© Finextra Research 2017