Last night Fintech Innovation Awards host Julia Streets addressed the “brightest and best of financial services and technology” – 400 FinTech fanatics who gathered to celebrate the achievements of the industry’s top players.

The former executive of a listed IT firm in the US is in police custody after an Australian bank uncovered suspicious payments to its staff.

Digital tax accounts will become the norm in the next five years, eliminating the year-end rush to file, UK Chancellor George Osborne confirmed yesterday.

UK bank HSBC is the first non-Chinese bank to take advantage of new Shanghai Free Trade Zone rules designed to ease foreign currency borrowing and bring down funding costs.

Royal Bank of Scotland will pull its corporate and institutional banking operations out of 25 countries in central and eastern Europe, the Middle East and Africa amid a drastic scale-down of its services.

Banks and financial firms in Asia are stepping up the search for data scientists to help meet customer demand for more flexible banking and payment services.