With regulatory requirements driving reconciliation at top-tier financial institutions, many are consolidating through centres of excellence, according to a report from SunGard and Aite.
Hackers have breached the systems of Ashley Madison, a dating website for would-be adulterers, and are threatening to publish the personal information, including credit card transaction details, of millions of users.
Shares in PayPal rose around five per cent on its first morning of trading back on the Nasdaq following its separation from eBay, valuing the firm at around $50 billion, considerably more than its former parent.
ATM manufacturer NCR enjoyed a significant rise in its share price last week after Reuters reported that a private equity firm was planning a $9 billion bid for the company.
A startup offering free credit checks has been launched by the former managing director of Google UK, Dan Cobley.
Connection to the Faster Payments Service could be a deciding factor for Brits looking to switch bank account providers, according to a survey commissioned by ACI Worldwide.
Martin Wheatley, chief executive of the Financial Conduct Authority (FCA), the UK banking watchdog, has announced his resignation.
The 2015 level of venture capital (VC) investment in bitcoin companies has already exceeded the amount invested in 2014 with almost six months of the year still remaining.
On the day ING’s Belgian arm burnished its innovation credentials with the launch of a fintech accelerator, an overzealous staffer across the border at the bank’s Dutch unit did their best to undermine the effort by mistakenly blocking a customer from buying bitcoins.
Cryptocurrencies such as bitcoin should be exempt from value-added tax (VAT), according to a European Court of Justice lawyer.
© Finextra Research 2015