The Asia-Pacific region has seen a vast amount of money invested in its companies this year, according to the latest figures from Accenture. More than double the amount invested in North American ventures.
A year after its first launch, Samsung Pay has revealed that in that time it has processed 100m unique transactions in seven countries.
Just as Visa is making the most of a popular sporting event, so too is MasterCard as the company has announced plans to introduce new payment technology to The Barclays gold tournament.
Visa's contactless payment ring, worn by athletes at the Rio Olympics, is going on general sale.
Nordea's second fintech accelerator will focus on themes such as artificial intelligence, blockchain and the sharing economy.
Canada-based Impression Ventures Fund has raised C$20m invest in early-stage financial technology companies emerging from Canadian technology companies.
In just under a year since the contactless spend limit was increased from £20 to £30, spending using the technology has increased by 173% by value and 112% by volume, according to latest figures from Barclaycard.
There are increasing calls for the use of open banking APIs from industry groups and even the UK Treasury. It is clear that this market shift is inevitable, but while this openness will facilitate innovation and drive competition, there is uncertainty.
Estonia-founded Scoro is the latest startup to raise money in the workflow management tool space, picking up $1.9m in new funding this week.
The European Banking Authority (EBA) has published the long-awaited draft of the Regulatory Technical Standards (RTS) covering Secure Customer Authentication (SCA) and secure communication. Tom Hay, head of payments at Icon Solutions shares his thoughts on whether they will be effective.