The UK's Financial Conduct Authority (FCA) says that it sees "no fundamental reason" why the firms it regulates cannot use public cloud services.
Intercontinental Exchange (ICE) is buying Trayport, a trading technology firm focused on the European energy markets, from BGC Partners for $650 million in stock.
Nick Leeson, the infamous rogue trader whose unchecked risk-taking caused the collapse of Barings Bank twenty years ago, has set up a consultancy to help firms avoid a similar fate to that suffered by his former employers at the UK's oldest merchant bank.
MasterCard has selected just four startups from more than 200 applicants to participate in a six-month long global Start Path class.
The 'dinosaurs' of the banking establishment - lumbered with antiquated technology systems and ruinously expensive branches - will be brushed aside by nimble, mobile-led competitors says Anthony Thomson in a hard-hitting speech ahead of the launch of his digital-only challenger Atom Bank.
Shares in Indiabulls Housing Finance have dropped 17% after the non-bank home loans group splashed £66 million on a 40% stake in UK challenger bank OakNorth.
Online retailer Overstock is preparing to split off its blockchain trading subsidiary Medici, after revealing that it spent $8 million on the business this year, pushing the company into the red for the first time in nine successive quarters.
Private equity giant Blackstone is paying $820 million for a 17% stake in ATM manufacturer NCR, which intends to use the money to accelerate its transformation into a software and services firm and embark on a share buyback programme.
Visa Europe's innovation hub is teaming up with distributed ledger specialist Epiphyte on a proof of concept project looking into how the blockchain and bitcoin can be used for international remittances.
Japanese e-commerce giant Rakuten has established a $100 million fintech fund to invest in disruptive early to mid-stage startups in Europe and North America.
© Finextra Research 2015