Banks are rapidly adopting biometrics as an authentication method for mobile services and are willing to cooperate to provide customers with a common interface, according to a survey from the Mobey Forum.
KFC has become the latest major retailer to strike a deal with Alipay, enabling customers in China to pay for their fried chicken with their mobile phones.
Interactive Data is gearing up for a possible sale or initial public offering that could value the market data outfit at more than $5 billion, according to Reuters.
Banco Santander and mobile money vendor Monitise have formed a £20 million joint venture that will invest in and help build fintech startups.
American retail banks will spend $16.6 billion on "digital transformation initiatives" this year, according to research from IDC Financial Insights.
Singapore has committed S$225 million over the next five years to a scheme designed to build a vibrant ecosystem for innovation in fintech.
Square has added to its roster of services aimed at small businesses with the launch of a payroll product.
Bitcoin exchanges are reporting a surge in interest from Greek users faced with shuttered banks and capital controls.
MasterCard has teamed up with Parkeon to launch a couponing platform, called City Connector, that delivers offers and services from local businesses via on-street parking meters.
Europol’s European Cybercrime Centre (EC3) and Barclays have signed a Memorandum of Understanding (MoU) to combat the threats posed to financial services firms by online criminal gangs.
UK banking startup Mondo - established by a team who flew the nest at fledgeling challenger Starling - is to meet with the Bank of England on Wednesday to make its case for approval for a full banking license after raising £2 million in funding from Passion Capital.
© Finextra Research 2015