Bitcoin exchange itBit has filed for a New York banking licence, which, if accepted, could make the exchange the first bitcoin company to be regulated as a bank in the United States.

Financial services provider Scotiabank announced yesterday that their mobile banking app will become available on the Apple Watch.

Heartland Payment Systems are collaborating with terminal provider PAX technology in order to provide Europay, MasterCard, and Visa a card data security solution.

German ATM maker Wincor Nixdorf will spin off its cashless payments business after announcing it has missed its sales and operating profit guidance for the year.

Peer-to-peer lender Assetz Capital has raised more than £3 million via Seedrs, the second largest campaign hosted by the crowdfunding platform to date.

Lloyds Banking Group has made another step toward returning to full private ownership, reducing British taxpayers’ stake in the bank by a further 1 per cent to below 21 per cent.