FinTech investment in the United States tripled in the space of 12 months, climbing to $9.89 billion in 2014, up from $3.39 billion in 2013.
Swissquote has become the first bank in Switzerland to create a mobile banking and trading application for the Apple Watch.
PayRange, a start-up that enables vending machines to accept cards and digital payments, has secured $12m in Series A funding led by Matrix Partners.
According to this infographic, those who shop via their smartphones spend 66 per cent more than consumers who only buy in store.
According to research, consumers are happy to answer more security questions when making higher value transactions, but are much less tolerant when making day-to-day payments.
Bill Harris, former CEO of PayPal, feels that the payment firm will struggle to compete with the likes of Apple and Google during its transition into the retail world.