Citi Ventures has made a strategic investment in Kansas City-based working capital marketplace C2FO. Terms of the arrangement have not been disclosed.
Scotiabank is inviting Toronto's geeks to take part in a hackathon designed to find creative ways to help Canadians manage their debt.
The creation of a frictionless payment experience is driving innovation - and profits - at PaPpal and Facebook, as both companies report a stellar set of results.
Massachusetts-based Cambridge Blockchain has walked away with a £15,000 cash prize and the promise of future angel investment after winning a distributed ledger challenge organised by Santander InnoVentures in partnership with OneVest, CoFoundersLab and 1000 angels.
Neo-bank Moven has struck deals with loan refinancing startups CommonBond and Payoff as it seeks to burnish its "financial wellbeing" credentials.
American fast food chain Wendy's is investigating possible fraudulent charges to cards used at some of its restaurants.
The Bank of England is developing a blueprint to modernise the UK's 20-year old real-time gross settlement system to deal with changing payment habits and the emergence of distributed ledger technology.
JPMorgan Chase is revamping its ATM fleet, enabling customers to make cash withdrawals with their mobile phones, rather than cards.
UBS is to use application performance monitoring software from AppDynamics across hundreds of applications in support of the bank’s ongoing programme to update the platforms used by customer-facing and internal banking services to a more flexible private cloud model.
Barclays, the last of the UK's big banks to join the Apple Pay bandwagon, has confirmed that it will be rolling out the service within the next three months, after initially holding out against the mobile payments juggernaut.
© Finextra Research 2016