Only three new banks have opened in the United States since 2010.  Before the financial crisis, over 100 banks set up shop each year, on average, according to data from the Federal Deposit Insurance Corporation, the agency that approves new banks.

Why?  Why is the USA failing at banking innovation?

NetOTC, the risk solutions firm that has been designing and building a full end-to-end market infrastructure for non-cleared OTC derivatives in close collaboration with regulatory and industry bodies, banks and their end customers, today announced that it had taken the decision to put its initiative on hold.

Today the Canadian Investor Relations Institute (CIRI), Canada’s national association representing investor relations professionals, announced that it has partnered with London Stock Exchange Group’s investor relations platform, ELITE Connect, to deliver professional development via webcast making education available to investor relations professionals across Canada.

Paragon Application Systems (Paragon), the leading independent testing services provider for the financial services industry, today introduced VirtualATM®, a powerful simulator designed to replace physical ATM hardware in the test environment. With VirtualATM, customers can conduct automated testing of the entire software stack from anywhere in the world, saving time, money and manpower.

Green Dot Corporation, a pro-consumer financial technology innovator with a mission to reinvent personal banking for the masses, today announced that it has named Brooke Norton Lais to the position of Chief Marketing Officer.

Chase announced today that it has signed a multi-year agreement with Shell to accept Chase Pay at its stations across the U.S.

Chase Pay is a payment service that lets Chase credit and debit customers pay at the pump, in stores, online and within an app. Chase Pay will help Shell transform its customer payment and loyalty experience by enabling a mobile payment solution and driving Fuel Rewards®program participation.

Once again, the UEFA European Championship is just a round the corner, and Europe will spend four weeks going football crazy as each team  takes  its turn on the international pitch. A UEFA European Championship, of course, means an entire month of nothing  but football - with fixed schedules featuring up to three games a day. All this naturally makes every  football  fan's heart  beat faster, and we at PPRO can hardly wait until the first kickoff - at 9pm on the 10th of June in Paris's St. Denis stadium.

The UK’s completely free credit scoring service, ClearScore, today launches ‘Timeline’, a unique new tool giving people a ‘big picture’ view of their money.

Timeline charts the relationship between different aspects of a person’s finances, letting people see how and why their credit score has changed over time.