Rabobank has rolled out a mobile wallet on the embedded Secure Element of Samsung Galaxy S4 and Samsung Note 3 phones.
Data breaches increased 49% in 2014 to one billion data records compromised, with cybercriminals targeting identity theft as a top breach category, according to research by Gemalto.
London tech firms attracted nearly $800 million from US investors last year, with the fintech sector at the fore, according to figures compiled for the city's mayor, Boris Johnson.
The second and final day of Finovate Europe saw 32 startups take the stage to try and impress a packed crowd of fintech VCs, journalists, bankers and experts. PFM, mobile payments and wealth management all made an appearance, often to a critical audience - while other firms attempted to push the boundaries of fintech, causing a huge buzz within Old Billingsgate and on social media.
Lloyds Banking Group is introducing a new service for customers to upload photos of identification documents for online account opening without the need to visit a bank branch.
As it prepares to face a host of new competitors, Icici Bank has set out its pitch to India's millennials with a new mobile wallet called Pockets.
On the day it reported a fall in fourth quarter revenues, Swiss core banking vendor Temenos has acquired US financial software provider Akcelerant for $50 million in cash.
Hong Kong's central bank has warned the public about investing in bitcoin after local media reports that a virtual currency exchange operator may have scarpered with $387 million in client funds.
Crowdfunding, bitcoin, identity and security, and, of course, personal finance management dominated the first day of Finovate Europe in London. Finextra watched the demos, followed the tweets and spoke to the players. Here's what caught our eye.
Fintech firms around the world raised $6.8 billion in funding in 2014, a three-fold increase on the previous 12 months as the sector enjoyed a banner year that also saw its first IPOs and a host of startups joining the billion dollar club.
© Finextra Research 2015