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 challenger bank Monzo has earmarked a dedicated space in its East London headquarters building as a collaborative community room, to host events and test out new ideas with its growing membership base.
JPMorgan Chase has formally exited blockchain consortium R3, following in the footsteps of fellow titans Goldman Sachs and Banco Santander who split last November.
More than 200 million financial services records were breached in 2016, representing a 937% percent increase over the previous year, according to data from IBM.
American customers who occasionally visit branches are more satisfied with their banks than those that only use mobile and online channels, according to a new JD Power study.
VC funding to fintech companies in Europe spiked in Q1, while US deal activity cooled, according to the latest figures from CB Insights.
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 march of the robots continues, as Canada's ATB Financial hires dancing humanoids to work in some of its Calgary branches.
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.
© Finextra Research 2017