The Depository Trust and Clearing Corporation (DTCC) is stepping up its efforts to shift the US capital markets industry to a T+2 settlement life-cycle.
A lack of customer awareness could be hindering uptake of mobile banking services around the world, a new survey from BuzzCity suggests.
PayPal chief David Marcus says that the rise of host card emulation has forced him to reevaluate his long-held scepticism about mobile NFC payments, but he still feels bluetooth low energy will be the technology the revolutionises the way we pay.
IntercontinentalExchange has acquired Algo Technologies and will use the vendor's matching engine to boost the performance of the New York Stock Exchange, according to Bloomberg.
First National Bank's Twitter guy has spent the day issuing grovelling apologies after a bomb-related joke blew up in his face.
Transport for London is reportedly in negotiations with mobile operators ahead of a pilot which will see commuters pay for journeys through their NFC-enabled handsets.
Peckish Americans now have a new tool at the disposal in the quest for pizza after Domino's integrated Google Wallet into its Android ordering app.
The Securities and Exchange Commission has been criticised by a US congressional watchdog over cybersecurity weaknesses, including the failure to authenticate users and encrypt sensitive data.
Speculation about the future of Square is growing after the mobile payments startup was forced to pour cold water on a Wall Street Journal report claiming that, facing growing losses and a shrinking cash pile, it has been in talks about a possible sale to Google.
Walmart is taking on Western Union and MoneyGram through the launch of a low-fee store-to-store money transfer service.
Despite the hype, the vast majority of Brits have no interest in using bitcoin to shop online, with a lack of trust cited as the main barrier to uptake.
Swedish financial management start-up Qapital is preparing to launch in the US with a service that enables users to track their spending, set savings goals, and transfer cash to a savings account held by an FDIC-insured banking partner.
Search engine provider Baidu has become the latest Chinese Web firm to move into the mobile money arena, launching a payments and wealth management wallet.
MasterCard has struck a deal to buy PinPoint, a provider of loyalty and rewards service to banks and merchants in Asia Pacific. Financial terms were not disclosed.
Sifma is calling for the US capital markets industry to move to a T+2 settlement lifecylce, as other markets worldwide bid to bridge the gap between trade execution and delivery of financial contracts.
Forget watches and glasses, Aussie bank Heritage thinks it has found the cutting edge of wearable tech - a suit that lets customers make contactless payments through the flick of a sleeve.
French computer hardware firm LaCie is warning customers who have used its Web site over the last year that hackers may have stolen their card data.
British building society Nationwide has introduced in-branch video links that let customers talk to off-site mortgage consultants.
ANZ chief executive Mike Smith has committed to making social media engagement and digital services a "key business priority" for the Australian bank over the next three years.
Security researchers from SR Labs have cracked the Samsung Galaxy S5's fingerprint reader, gaining access to the handset and using it to make PayPal transactions.
Twitter has acquired Gnip a provider of aggregated social media content which is used by hedge funds, banks and signal providers to assess market sentiment and conduct analytics.
© Finextra Research 2014