Financial services are on IT's cutting edge.
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The central bank said the digital currency was not covered under any regulations, and highlighted the risks involved in transaction security.
Fans of the NBA team will now be able to purchase team merchandise and tickets online using the digital currency.
Following weeks of uncertainty over the fate of Bitcoin in India, operators of the digital currency are now gradually resuming their operations and marketing their services.
The bank looked to its Italian sibling to source Juanjo Cebrián as its new head of IT.
Bitcoin exchanges operating in China are figuring out new ways to operate, as they look to stay in business amid the government's recent clampdown on the virtual currency.
Singapore bank will invest S$15 million in the IBM cognitive computing technology, targeted for rollout by year-end, to improve customer interaction, becoming the region's first Watson customer.
Reserve Bank of India says mobile banking adoption has been encouraging, but "below expectation", due to key factors such as device incompatibility and lack of industry collaboration.
A BBC report says thieves in Europe cut holes in ATMs in order to plug in USB drives with malware on them.
India's Bitcoin trading platforms, including the largest, have suspended services following a recent public warning by the central bank over the risks of virtual currencies.
Buyers are cashing out, and merchants disassociating themselves from the digital currency, after People's Bank of China extends ban to include third-party payment providers.
Tata Teleservices is set to expand their mRupee service to another 11 cities to reach over 4,000 retail outlets.
Mobile apps, contactless, and greater industry collaboration will steer the course of the payments sector in 2014.
Coinbase's Series B comes shortly after Aussie startup Coinjar gets its own AU$500,000.
The new Commonwealth Bank of Australia app provides native NFC support for the first time, but only in two specific variants of an Android handset.
With the unregulated virtual digital currency Bitcoin gaining both acceptance and momentum, India could soon issuing a warning against Bitcoin transactions to guard against terrorism and investment risks.