Digital currency outfit Ripple Labs has closed a $28 million Series A funding round that includes IDG Capital Partners and the venture arms of CME Group and global data storage company Seagate Technology.
UK challenger bank Metro Bank is to lend funds to consumers via the online marketplace operated by P2P pioneer Zopa.
Swedish mPOS vendor iZettle has commenced the global roll-out of a new hardware dongle for small businesses that integrates both Chip & PIN and contactless payments, and includes out-of-the-box support for Apple Pay.
European anti-trust watchdogs are gearing up for another battle with MasterCard over the card scheme's fees, Bloomberg reports.
US banks and law enforcement agencies are calling on consumers to be alert to an emerging scam, dubbed 'card cracking, which has so far cost the industry $11.6 million in stolen funds.
Queensland Police have shamed a would-be bank robber by posting a comical video of a bungled ATM theft from a petrol station in Townsville.
University researchers say that they have found a way to predict which delinquent credit card accounts will repay outstanding balances that is up to 50% more accurate than the scoring systems currently used by banks.
Barclays is to ditch its dot com domains in favour of proprietary URLs ending in .barclays and .barclaycard.
A JPMorgan teller who was part of an ID theft ring that stole $850,000 from bank customers has been sentenced to six years in prison.
Vouch, a US-based startup that advances credit to customers on the basis of their social connections, has raised $6 million in Series A funding.
© Finextra Research 2015