Thieves in Manchester have been recycling redundant iPod nano devices to snap photos of consumers entering their PINs at an ATM machine in a somewhat crude take on traditional skimming fraud.
Amazon has pulled the plug on its mobile wallet app following a disappointing six-month trial run.
The US Supreme Court has rejected a challenge from retailers to the Federal Reserve's rules on interchange fees.
America's credit union regulator has agreed to pay up to $50,000 to cover costs associated with a data breach that saw it lose a thumb drive handed over to one of its examiners by Palm Springs Credit Union.
Three major financial institutions have contributed to a record-breaking $75 million investment round in bitcoin startup Coinbase.
The British Bankers Association and the Payments Council have called for the Government to take a 'light touch' to regulation of the underlying bitcoin blockchain technology, which they say has the potential to fundamentally change the way financial assets are transferred.
Fidelity and eight other money managers have set up a joint venture company to launch a private dark pool for buying and selling large blocks of stocks without the involvement of banks and predatory high frequency trading firms.
Texas-based USAA is to offer consumers the option of using voice and facial recognition technologies to log into their accounts over mobile devices.
The Financial Conduct Authority is proposing a shake up of the £700 billion cash savings market after research showed that UK consumers are getting a raw deal from financial services firms.
India's Icici Bank has introduced a convoluted process that lets customers send money to friends and family via Twitter.
Google is in talks to buy US telco-owned mobile payments venture Softcard for between $50 million and $100 million, according to press reports.
Barclays bank has rolled out a system which enables mortgage brokers to take photos of paperwork for immediate upload to customer case files.
Canary Wharf Group (CWG) has opened a new 25,000 square foot space dedicated to tech startups at its One Canada Square high rise, reflecting London's growing status as a global technology hub.
An upturn in business volumes and increase in compliance demands is encouraging UK financial firms to raise IT budgets in a bid to reach new customers and shake off competition from new market entrants, according to the latest quarterly survey from the Confederation of British Industry (CBI) and PwC.
Regions Bank is hoping to get down with the kids through a gamified financial literacy game based on the cool, young sport of...golf.
The US and UK are to wage a series of cyber 'war games' against each other to test the resilience of the two country's defences against online criminals, beginning with a mock exercise directed at the banking and finance sector.
ANZ is aiming to create the world’s largest tennis rally on social media, with a $100,000 dollar pot to be shared by community campaigns in return for a photo or video of customers hitting a tennis ball.
Barclays is launching an online and in-branch 'Code Playground' to help families of all ages acquire digital skills and knowledge.
Memo to bank innovation teams: Take off the rose-tinted spectacles and put on your smart watches, Google ceases consumer sales of Glass eyewear.
P2P lending platform Lending Club has teamed up with Google to offer loans to the Web giant's partner firms.
© Finextra Research 2015