Financial data outfit Markit has continued its acquisition spree with a $200 million deal for New York-based CoreOne Technologies.
FIS has signed a definitive agreement to acquire Sungard for $9.1 billion in a cash and stock deal, creating a fintech powerhouse covering the full spectrum of banking and capital markets services.
Computer services group CSC is to make a concerted push into the provision of managed services for capital markets firms with the acquisition of London-based Fixnetix.
Record profits at Commonwealth bank of Australia have been underpinned by a A$1.2 billion spend on initiatives including risk and compliance projects, technology and productivity.
Giant Swiss bank UBS has launched a global innovation challenge with cash prizes of $300,000 at stake for entrepreneurs, start-ups or growing companies with ideas that could change the way finance works.
While the internet continues to be America's most popular banking channel, mobile is fast catching up on more established rivals branch and ATM for the silver medal, according to an ABA survey.
British bank-backed person-to-person mobile payments service Paym is experiencing solid if unspectacular take-up, recording more than three quarters of a million transactions in the first half of the year.
US authorities have charged nine people with hacking into business newswires to steal yet-to-be published press releases containing financial information that was used to make trades netting around $30 million in illegal profits.
In another blow to retailer-led mobile payments consortium MCX, US drugstore chain Rite Aid is activating support for rival products from Google and Apple across the company's 4600 outlets nationwide.
Canada's TD Bank, MasterCard and tech firm Nymi have completed what they claim is the world's first wearable contactless credit card payment to authenticate the user through their heartbeat.
© Finextra Research 2015