One of the UK’s biggest bus companies has signed a deal with Barclays allowing its passengers to use their mobile phone as a ticket.

Banks no longer hold the monopoly on funding. The alternative finance industry has more than doubled year on year since 2012, making it easier for people to fund their business or charitable ventures. This guide from Invapay sees the alternative finance market reaching £4.4 billion in 2015.

MTN Uganda has deployed the Ericsson Converged Wallet platform, enabling the operator to quickly introduce mobile financial services offerings to seven million MTN Uganda mobile wallet users and 50,000 agents.

E-commerce platform Bigcommerce has raised $50 million in Series D funding to develop the technology behind the company’s cloud-based platform and expand into new markets.

HSBC has announced the appointment of Kee Joo Wong as head of payments and cash management for the Asia Pacific region.

Royal Bank of Scotland has been fined £56 million for IT failures in 2012 that led to a complete breakdown in its payment processes.

View the latest nominee case study for the FinTech Innovation Awards 2015.

View the latest nominee case study for the FinTech Innovation Awards 2015.