Jack Dorsey has confirmed that he will stay on as CEO of Square, despite taking on the same role at the other multi-billion dollar company he co-founded, Twitter.
European supervisory authorities are to undertake a review of the use of big data to profile and target consumers by the bloc's major banking groups.
Royal Bank of Canada is to begin recording the voice prints of customers as they dial in to its call centres, eliminating the need for passwords and additional authentication questions to determine client IDs.
Attempts to open up direct access to the UK's Faster Payments system to Payments Service Providers and challenger banks are reaching fruition with the implementation of a new 'pre-funding' settlement model, removing the potential barrier to entry created by shared credit and settlement risks.
Discount brokerage firm Scottrade says that 4.6 million customer contact details may be at risk after the firm received a warning from the FBI that its systems had been hacked between late 2013 and early 2014.
From nanotechnology to beehives, eight firms have been selected to test their products as part of an innovation challenge by Royal Bank of Scotland for the regeneration of its Gogarburn headquarters in Edinburgh.
Kakao, the operator of South Korea's largest mobile messaging app, has joined with Chinese e-commerce outfit Tencent and online flea market eBay to bid for a new Internet banking license.
The American Bankers Association, the lobby group that has taken a leading role in lambasting retailers over lax data security, has admitted that email addresses and passwords used to make purchases or register for events through its online shopping cart have been compromised.
In the latest in a series of high profile data breaches, credit referencing agency Experian says hackers accessed its servers and stole the personal details of 15 million prospective T-Mobile customers.
Canada's TD Bank has promised to create more than 120 jobs over the next year in the Waterloo region dedicated to technology innovation.
© Finextra Research 2015