Innovation

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Mpos pops-up in Picadilly

/Innovation

Mpos pops-up in Picadilly

Mark Little, VP and managing director of Intuit UK, discusses Intuit's Mpos technology and its role in the future of high street retail.

Android flaw leaves bitcoin wallets open to theft

/Innovation

Android flaw leaves bitcoin wallets open to theft

The Bitcoin Foundation is warning users that a security vulnerability is leaving any currency stored in Android wallets open to theft.

CoinLab becomes bitcoin business incubator

/Innovation

CoinLab becomes bitcoin business incubator

Bitcoin outfit CoinLab says that it is moving into the business incubator space, signing mining specialist Alydian as its first portfolio company.

US judge rules bitcoin is real money

/Innovation

US judge rules bitcoin is real money

A US federal judge has ruled that bitcoin is a "form of money", paving the way for a legal case against a man accused of running a giant ponzi scheme using the virtual currency.

Digital currency goes green

/Innovation

Digital currency goes green

Stan Stalnaker, founder of Hub Culture and the digital currency Ven, discusses the implications of inflation, controlling value and creation of a non-cryptographic digital currency.

Applications open for FinTech Innovation Lab London

/Innovation

Applications open for FinTech Innovation Lab London

Financial technology entrepreneurs are being invited to pitch to take part in a London-based programme that will see them get assistance and advice from, and exposure to, executives at major banks and venture capital companies.

ByteLight pilots LFC-based checkout with Chinese retailers

/Innovation

ByteLight pilots LFC-based checkout with Chinese retailers

Boston-based start-up ByteLight is preparing to pilot a light field communications (LFC) reader in Chinese stores, enabling shoppers to use their mobile phones to access targeted loyalty rewards.

North American banks to spend $73.8bn next year - survey

/Innovation

North American banks to spend $73.8bn next year - survey

Large North American financial institutions will spend $73.8 billion on IT improvements across software, hardware and professional services next year, a two per cent rise on 2013, according to a Technology Business Research report.

Self-rule for digital currencies

/Innovation

Self-rule for digital currencies

Several firms have banded together to create a self-regulatory organisation covering the nascent virtual currency industry. The Digital Asset Transfer Authority (Data) says it wants to promote the prudent, responsible development of emerging payment networks, establish common rules to protect users, and work as a liaison among businesses, customers and public officials.

MasterCard MasterPass arrives in the UK

/Innovation

MasterCard MasterPass arrives in the UK

MasterCard has brought on board some major retailers, including Argos and Boots UK, as well as issuer MBNA, for the UK launch of its MasterPass digital payments service.

Virtual currency industry preps self-regulatory organisation

/Innovation

Virtual currency industry preps self-regulatory organisation

With virtual currencies such as bitcoin catching the eye of governments, several firms in the field have banded together in a bid to create a self-regulatory organisation covering the nascent industry.

Exchange claims Thailand has outlawed bitcoin

/Innovation

Exchange claims Thailand has outlawed bitcoin

The Bank of Thailand has effectively outlawed bitcoin by declaring it illegal to buy and sell the virtual currency or use it to make purchases, claims a local exchange.

Westpac to crowdsource ideas for new banking apps

/Innovation

Westpac to crowdsource ideas for new banking apps

Westpac is launching an initiative to crowdsource ideas for mobile banking apps from New Zealand developers and designers, with up to $70,000 of prizes for the winning applications.

Ukash provides ATM cash redemption service for virtual voucher codes

/Innovation

Ukash provides ATM cash redemption service for virtual voucher codes

Consumers can now convert Ukash codes into cash at Bank Machine ATMs across the UK without the need for a debit or credit card.

Do teenagers need bank accounts?

/Innovation

Do teenagers need bank accounts?

Simon Andrews, founder, Addictive Mobile looks at family dynamics and the benefits of mobile financial services.

UniCredit and IBM create cloud-based joint venture

/Innovation

UniCredit and IBM create cloud-based joint venture

UniCredit and IBM are to create a joint venture company selling cloud-based IT infrastructure services to financial institutions across Europe.

Payment apps need to be secure and 'easy to use'

/Innovation

Payment apps need to be secure and 'easy to use'

Sandra Alzetta, head of mobile business unit, Visa Europe discusses the key to successful banking apps and the future of NFC for payments.

Dassault to sponsor '3D Fintech Challenge' at Level39

/Innovation

Dassault to sponsor '3D Fintech Challenge' at Level39

French software house Dassault Systèmes is to sponsor a '3D Fintech Challenge' at Canary Wharf-based accelerator space Level39 in a bid to find new applications for integrating disparate data sets within financial services firms.

HSBC seeks 'sexy' data scientists

/Innovation

HSBC seeks 'sexy' data scientists

Banking giant HSBC is embarking on an egghead recruiting spree, advertising the "sexiest job of the 21st century"...data scientist.

Live blog - M-commerce, what do consumers want from financial institutions?

/Innovation

Live blog - M-commerce, what do consumers want from financial institutions?

The Future Foundation, along with Monitise, showcased their new report M-commerce: What consumers want from financial institutions at the Oxo Tower in London Wednesday. Finextra was there to live blog the event. You can also follow along on the hashtag #mcommerce.

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