17 January 2017
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Wells Fargo has moved its Digital Labs team into a new 17000 square foot facility in San Francisco to provide a bigger stage to showcase the bank's emerging technologies.

Blockchain technology could reduce infrastructure costs for eight of the world’s 10 largest investment banks by an average of 30%, saving them billions of dollars every year, new research from Accenture and McLagan suggests.

The UK's Competition and Markets Authority has welcomed a commitment from the nation's banks to overhaul the Current Account Switch Service (Cass)to ease the issues facing customers who want to move bank accounts.

HSBC forms tech advisory board
Retail banking

HSBC forms tech advisory board

4 hours ago  | 0 comments | 8 tweets | 10 linkedin

HSBC has formed a tech advisory board to help steer the bank's IT strategy as it looks to take advantage of technological innovation and combat cyberscrime.

Core banking vendor Misys has launched a crowdlending module to enable financial institutions to move into the alternative finance marketplace.

Thiel backs French biz banking startup Qonto
Retail banking

Thiel backs French biz banking startup Qonto

13 hours ago  | 0 comments | 5 tweets | 3 linkedin

With a slate of stellar investors onboard, Qonto, a French digital business banking service for entrepreneurs and startups, is gearing up for launch.

Features and analysis

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SocGen engages Personetics for chatbot roll out
Retail banking

SocGen engages Personetics for chatbot roll out

23 hours ago  | 0 comments | 9 tweets | 9 linkedin

The rush of banks into the chatbot space shows no sign of slowing down, with Societe Generale the latest to target customer interactions over popular messaging platforms.

FTC fintech forum to explore AI and blockchain
Blockchain

FTC fintech forum to explore AI and blockchain

23 hours ago  | 0 comments | 4 tweets | 3 linkedin

Artificial Intelligence and blockchain will be at the centre of attention at an upcoming fintech forum put together by America's Federal Trade Commission.

Accenture is banishing the Brexit blues by running its largest ever fintech accelerator programme in London after fielding more than 300 applicants from around the globe.

Seven banks plan blockchain platform for SMEs
Blockchain

Seven banks plan blockchain platform for SMEs

16 January 2017  | 0 comments | 41 tweets | 32 linkedin

Seven of Europe's biggest banks are collaborating on the development of a shared cross-border trade finance platform for small and medium -sized companies that harnesses the power of distributed ledger technology.

Latest company announcements

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