Bank customers in Singapore have been warned of a rise in malware infections on Android phones that seek to hijack online passwords and one-time security codes.
A move by Costa Rica's state bank to set up bank branches exclusively for women has backfired spectacularly, with critics dubbing the pink-bedecked outlets the 'Barbie Bank' for reinforcing gender stereotypes.
The UK Government has confirmed a range of measures designed to help challenger banks take on the establishment, including extension of the Funding for Lending Scheme (FLS) for SMEs, the launch of a new regulatory bank startup unit, and the establishment of a high level advisory group to review banking competition.
Tandem, a digital banking startup led by Azimo founder Ricky Knox and Capital One's Matt Cooper, has secured a license from the BofE, paving the way for it to join the scrum of challengers taking on Britain's high street lenders.
German retail giant Otto Group is shutting down its Yapital mobile payments business, blaming a competitive market and weak consumer take up.
Australian Eftpos outfit Tyro Payments has scored a A$100 million funding round to help it move into banking, taking on the country's traditional lenders in the battle for small business customers.
Plans by ANZ to relaunch its Internet banking system to provide a consistent user experience across all devices came to fruition in an unexpected way on Monday, as technical gremlins managed to shut down services across customer desktops, tablets and mobiles for six hours during the upgrade.
Kakao, the operator of South Korea's largest mobile messaging app, and telco KT Corp., have won approval from the Government to open the country's first Internet-only banks.
Swave, a smart savings startup founded by two former hedge fund data crunchers, is to undergo a 12-week innovation immersion with Lloyds Banking Group after winning a financial literacy challenge run by Innovate UK.
Swatch has partnered with Visa to launch its 'pay-by-the-wrist' Bellamy watch in the US, Switzerland and Brazil in early-2016.
Canadian neobank Koho has struck a deal with Visa as it gears up for a launch early next year, taking on the country's big five providers in the battle for Generation Y.
© Finextra Research 2015