Chinese search engine provider Baidu is accelerating its move into financial services, forming a partnership to apply for "multiple banking licenses".
Let's hear it for the eminently sensible Colorado Congressman Jared Polis, who has written to US financial regulators demanding the abolition of hard cash because of its anonymity and use in illicit activities.
The man behind the @GSElevator Twitter account has lost his six-figure book contract in the wake of revelations that he never actually worked for Goldman Sachs.
Retail giant Marks & Spencer will take on Britain's high street banks this summer with the launch of a current account with no monthly fee.
Dorian Prentice Satoshi Nakamoto, the man named as bitcoin's creator by a magazine on Thursday, has denied the claim before leading reporters on a car chase around Los Angeles.
Barclays Pingit chief Darren Foulds has been elected Emea chair at mobile content and commerce trade association MEF.
A hacking collective which set out to deface the Web site of "Yorkshire Bank" has instead managed to mistakenly take out a Malaysian counterfeit.
London Stock Exchange-owned fixed income marketplace MTS has agreed to buy Bonds.com, a US-based platform for the electronic trading of corporate and emerging market bonds.
Commodity Futures Trading Commission commissioner Scott O'Malia has slammed his own organisation for spending money on people, rather than technology.
The UK's Financial Conduct Authority (FCA) has set out rules designed to boost protections for people lending and investing through P2P and crowdfunding platforms.
US magazine Newsweek claims to have found the mysterious inventor of bitcoin, Satoshi Nakamoto, identifying him as a 64-year-old Japanese-American living near Los Angeles.
Barclays Africa (formerly Asba) has acquired a 49% stake in South African peer-to-peer lending marketplace RainFin. Financial terms were not disclosed.
Zuckerberg-baiters Tyler and Cameron Winklevoss are handing over some of their bitcoin fortune to Richard Branson for a trip on his Virgin Galactic spacecraft.
Target chief information officer Beth Jacob has become the latest victim of the massive card data breach at the beleaguered US retailer, resigning her position with immediate effect Wednesday.
Ripple is set to get a kick-start, with the outfit behind it opening up a developer portal and CrossCoin Ventures launching an accelerator to help startups working with the cypto-currency protocol.
More than £1700 an hour is being raised in the UK through crowdfunding, according to figures from the Crowdfunding Centre, which is now calling for greater government support for the burgeoning alternative finance market.
Financial services firms are far more likely to fall victim to cybercrime than their counterparts in other industries, according to a survey from PwC.
The European Banking Authority is to assemble a taskforce to determine whether virtual currencies should be regulated.
Crooks are taking advantage of one the Internet's key weaknesses - a fondness for cat pictures - to infect computers with banking malware, according to Trend Micro.
Capital markets STP veteran and former chairman and CEO of BondDesk, Howard Edelstein has joined Algomi as a 'strategic advisor' and taken an equity stake in the two-year old fixed income liquidity discovery start-up.
Philadelphia-based Customers Bancorp has unveiled plans to launch a new, separately branded, mobile bank.
© Finextra Research 2014