Banks must concentrate on harnessing a range of digital technologies or risk losing customers to a new wave of competitors, according to a report by the British Bankers Association (BBA) and Accenture.
While it is unlikely to ever truly compete with traditional currencies, bitcoin could, when combined with the traditional finance system, have cost advantages over credit cards and money transfer firms like Western Union, according to a Credit Suisse article.
Square is hoping to wean America's merchants off of cheques by extending its Cash person-to-person payments service to businesses.
The junction between Ireland's emerging fintech cluster and the traditional financial services sector could create 5000 new jobs by 2020 says professional services firm Deloitte.
London-listed Optimal Payments has agreed to buy Skrill Group for an enterprise value of around EUR1.1 billion in a deal it says will create a major global player in online payments and digital wallet services.
The Clydesdale Bank has begun circulation of Britain's first plastic banknotes, with a limited edition run of two million £5 polymer notes.
Two-thirds of charity donors used cash to donate in the past 12 months, despite the increasing availability of other forms of payment options, according to the annual Halifax Giving Monitor review.
The Department for Environment, Food and Rural Affairs, Defra, is enduring a series of embarrassing headlines after its £154 million system to process farmers' EU subsidy payments has been largely abandoned following a number of problems with its online interface.
Swiss financial infrastructure provider SIX Group is running a weekend hackathon with a view to acquiring new talent ahead of the launch of a fintech incubator in May.
Banco Sabadell is making its first play for a European business outside of its home territory as Lloyds agrees to sell 50% of TSB to the Spanish bank.
© Finextra Research 2015