US Bank is to offer an online expense reporting tool used by small business clients to its retail customer base, to help consumers make smarter decisions about their personal finances.
TalkTalk says only four percent of its four million customer accounts were stolen during the cyberattack that breached its corporate defences last month.
Robo-advisors using algorithm-based systems to provide financial advice to consumers will consign 25 million jobs in the financial and legal sector to the scrap heap over the next two decades says Bank of America, in a report which paints a bleak future for the human workforce as new robot workers transform the global economy.
A Scottish citizen who allegedly tweeted false information about publicly traded companies causing over a million dollars of losses has been indicted for securities fraud by a federal grand jury in San Francisco.
Finextra is collaborating with UK Trade and Investment on 19 November in Tallinn for an interactive event bringing together financial services and fintech players from the UK and Nordic-Baltic region.
Toronto has all the ingredients necessary to become a major fintech hub but is failing to compete with the likes of London and New York because it has not developed a proper ecosystem, according to a new report.
JPMorgan Chase CEO Jamie Dimon has poured scorn on bitcoin, saying that virtual currencies have no chance of surviving because they will be crushed by governments.
Wells Fargo is investing up to $500,000 in each of three Bay Area startups that have won a place in the Fall 2015 class of its semi-annual startup accelerator scheme.
ACI Worldwide is to acquire e-commerce payment gateway business PAY.ON in a deal that values the German-based firm at EUR180 million.
Santander InnoVentures – the $100 million fintech venture capital fund of Santander Group – is launching an open competition to encourage and support early stage startups using distributed ledger technologies in the financial services industry.
© Finextra Research 2015