Wireless operator Orange has integrated its mobile Money platform with the Bank of Africa, enabling users to perform basic banking transactions with their handsets.
European card issuers stand to lose $8 billion per year from a revenue pool of $60 billion beginning in 2015, as stiffer regulation and caps on interchange fees take their toll, according to a study by the Boston Consulting Group.
First direct, a bank that has no high street branches but still manages to make its customers feel valued, is the top-rated brand for customer service in the UK, according to a survey by consumer champion Which?
The New York Attorney General's office has charged five individuals, including three bank tellers, with running an identity-theft ring that stole $850,000 from some of New York's biggest banks over a four-year period.
With an overhauled website and mobile app to show off, London-based currency exchange startup TransferWise has stepped up its assault on the banking industry in its first TV ad.
The US telco-backed Softcard consortium has received a welcome boost with news that the giant fast food chain Subway is to deploy its Card Rewards Program as part of a national roll-out of the SmartTap payment app.
Amazon is killing off WebPay, admitting that the person-to-person money transfer service is not good enough to keep persevering with.
Bangladesh's central bank has warned that anyone using bitcoin in the country could face a jail term of up to 12 years.
CME Group has revamped its leadership structure, naming company veteran Kim Taylor president of global operations, technology and risk.
Commuters using the London tube network can now tap their contactless bank cards on the ticket barriers to pay for their journeys, further displacing cash on the capital's transit system.
Electronic trading in the corporate bond market is set to reach 20% in volume by 2016 as buy side investors spread the net in the search for new sources of liquidity, says Greenwich Associates.
Holland's ING has become the first bank in Europe to add a voice control mode to its mobile app, enabling customers to issue commands by speaking.
American Express is inviting academics and non-profit groups dealing with financial inclusion to submit ideas for commercial testing at a new 'Financial Innovation Lab'.
French banking group Banque Populaire Caisse d'Epargne (BPCE) has teamed up with Twitter to let customers tweet money to each other.
UK mobile commerce joint venture Weve is abandoning plans to launch an NFC payments service because its telco owners failed to agree on an approach, according to the Telegraph.
Monitise has posted a 31% rise in full year revenue but the mobile money firm's Ebitda losses widened as it took a short term hit on a decision to overhaul its business model.
Nigerian police are on the hunt for an IT staffer at Skye Bank who hacked into the bank's systems and transferred $40 million to a raft of bogus accounts before going on the run.
A ten-day festival promoting the use of bitcoin kicks off with a round of drinks at the Old Shoreditch Station pub in London on Friday evening.
The UK Government is inviting the general public to enter a competition to design the 'tails' side of a new 12-sided £1 coin, which is set to go into circulation in 2017.
JPMorgan says it has not seen any unusual customer fraud related to a recent cyber-attack on the bank.
Swedish personal finance app outfit Tink has raised $4 million in Series A funding to expand internationally and recruit new staff.
© Finextra Research 2014