UniCredit has opened a tech-packed flagship branch in Milan, the first stage in a three year, 1000 branch-strong network overhaul.
Business Wire, the corporate news release distribution company owned by Warren Buffett's Berkshire Hathaway, is to stop selling its potentially market-moving content directly to high-frequency trading firms.
PayPal has hired programmer, computer scientist, and open source champion Danese Cooper as its first head of open source.
US digital banking start-up Simple has sold out to Spain's Banco Bilbao Vizcaya Argentaria (BBVA) for $117 million in cash.
The fees that banks charge retailers for processing shoppers' payments should be capped, Economic and Monetary Affairs Committee MEPs decided in a vote on Thursday.
The Royal Canadian Mint has selected SecureKey device-based multi-factor user authentication technology for its new MintChip cloud-based digital currency.
Deutsche Börse has earmarked an additional EUR30 million in spending to spur plans for new growth initiatives over the coming year, including the creation of a central counterparty clearing house in Singapore.
China's Bank of Lanzhou has rolled out ATMs incorporating finger vein authentication technology from Japanese vendor OKI.
NatWest and RBS customers can now get an instant access savings account on the move through a new mobile banking app.
Electronic trading systems only managed to slightly increase their share of global fixed-income trading volume in 2013, accounting for a quarter of total volume executed, according to a report from Greenwich Associates.
Strevus, a San Francisco-based startup providing data sharing risk and compliance management technology to financial service institutions, has raised $5.6 million in a series a funding round led by Blumberg Capital.
Barclays Pingit is being used by Savills Auctions to sell houses, with one homebuyer already putting down a £23,000 deposit via the mobile app.
Amazon Coins are coming to all Android devices in the US, UK and Germany, enabling customers to buy, spend and earn using the virtual currency.
Capital One has taken a stake in ClearXchange, the US bank-backed clearing house for person-to-person online payments transfer via mobile or e-mail.
Visa and MasterCard have announced support for Host Card Emulation, a cloud-based mechanism for hosting NFC applications outside the Secure Element that effectively removes the need for bank reliance on telcos in implementing mobile payments.
Wallets may soon be made obsolete by mobile phones, but in the meantime Nokia has developed an NFC-based tag that links the two essential bits of kit, ensuring users are never parted from either.
Spain's CaixaBank is taking a punt on wearable technology, developing Google Glass and smartwatch apps.
Mobile network operator Orange has teamed up with MasterCard to launch a rechargeable pre-paid card and mobile app product in Spain.
First National Bank of South Africa is applying motion-sensor technology at its flagship cashless and paperless bank branch in Cape Town to attract the attention of passers-by and encourage interaction with the screen.
Bank of Monetral is closing all bitcoin-related business accounts across Canada in the wake of hostile comments from government ministers on the threats posed by emerging crypto-currencies.
© Finextra Research 2014