Innovation

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/Innovation

ECB issues call for papers for payments innovation conference

The European Central Bank and the Nationale Bank van België/Banque Nationale de Belgique will host a conference entitled “Crossing the chasm to the retail payments of tomorrow”.

/Innovation

BNP Paribas kicks off second season of intrapreneurship lab

Pioneer of intrapreneurship for good, the People’sLab4Good is a company lab a 100% dedicated to project holders whose businesses have a positive impact on society and/or the environment.

/Innovation

Icici hails the winners of 2019 Appathon

ICICI Bank announced the winners of ‘ICICI Appathon 2019’, the third season of its mobile and web application development challenge.

/Innovation

EIB loans Caixabank EUR70 million for digitisation programme

EIB Vice-President Emma Navarro and CaixaBank’s CEO Gonzalo Gortázar have signed an agreement under which the European Investment Bank (EIB), in keeping with its commitment to promote digitalisation, will support CaixaBank’s innovation strategy and finance the implementation of various investments to transform and digitalise the institution’s IT infrastructure with new technologies for modernising customer access to information and improving transaction security.

/regulation

South Korea ushers in regulatory reforms to promote robo-advisory services

The FSC reformed the「Financial Investment Business Regulation」to promote robo-advisory services.

/startups

Eight more startups joins FSC sandbox in South Korea

The FSC designated eight additional financial services as ‘innovative financial services’ to be accepted into financial regulatory sandbox, following the first and second batch of financial services announced on April 17 and May 2.

/Innovation

Hong Kong and Thailand sign fintech co-operation pact

The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) entered into a Memorandum of Understanding (MoU) on 12 May 2019 to foster collaboration between the two regulatory authorities in promoting financial innovation.

/startups

NadiFin showcases 2019 fintech cohort

After 100+ applications from around the globe, 11 post-seed and pre-series B stage Fintech companies have been selected and are ready to scale to new heights through the NadiFin Fintech Accelerator program, powered by MiddleGame Ventures and Farvest in partnership with the Luxembourg House of Financial Technology (LHoFT).

/Innovation

MAS and Asia-Pacific Future Financial Research Institute ink fintech co-operation agreement

The Monetary Authority of Singapore (MAS) and the Asia-Pacific Future Financial Research Institute (AFF)(1) have signed a FinTech Co-operation Agreement to promote academic exchanges, information sharing and research co-operation on FinTech.

/Innovation

Nationwide to invest in behavioural analytics startup

Nationwide Building Society is today announcing that it will invest in Scaled Insights, a company that uses behavioural AI to analyse people’s speech in order to communicate with them in language that is most accessible for them.

/startups

Investment Association picks five fintech firms for second accelerator cohort

The Investment Association (IA) has today revealed the second cohort of FinTech firms which will be joining Velocity, the IA’s innovation hub and FinTech accelerator for the buy-side and asset management industry.

/Innovation

Kyyba preps second Detroit Fintech Challenge

Kyyba Innovations in partnership with TechTown Detroit and the Detroit Fintech Association, launches the second series of "Detroit Fintech Challenge" to identify game-changing innovations in the financial services industry.

/startups

Ten companies breaking the borders of fintech graduate from the 2019 London Barclays Accelerator

The sixth London Barclays Accelerator, powered by Techstars class officially concludes – more than 150 alumni companies have successfully graduated from the programme to date with a portfolio valued at over $1 billion.

/Innovation

UK banks must collaborate with fintechs to transform payments industry - Enterprise Ireland

The UK payments industry is undergoing an unprecedented transformation, driven by the twin engines of growing adoption of technology and changing consumer expectations.

/Innovation

Banking Competition Remedies Ltd (BCR) opens application window for Pool C of RBS bail out fund

Banking Competition Remedies Ltd (BCR), the independent body established to implement the £775 million Royal Bank of Scotland (RBS) State Aid Alternative Remedies Package, today announces the opening of the fourth and final application window for Pool C of the Capability and Innovation Fund.

/regulation

Finra forms office of financial innovation

FINRA today announced the formation of an Office of Financial Innovation that will serve as a central point of coordination for issues related to significant financial innovations by FINRA member firms, particularly new uses of financial technology (fintech).

/startups

Department for International Trade boosts fintech bridge pilots

As London’s Fintech Week begins, the Department for International Trade (DIT), in partnership with Her Majesty’s Treasury (HMT), announces two Fintech Bridge Pilot Programs today (Monday 29 April), building upon our Fintech Bridge agreements with Hong Kong and Australia.

/Innovation

Spotcap Fintech Fellowship 2019 open for applications

Fintech and other financial services firms must work harder to be able to secure the skills they need for the future.

/Innovation

Finra sets up office of financial innovation

Finra today announced the formation of an Office of Financial Innovation that will serve as a central point of coordination for issues related to significant financial innovations by Finra member firms, particularly new uses of financial technology (fintech).

/Innovation

TD Bank opts for Microsoft Azure

TD Bank Group (NYSE: TD) and Microsoft (NASDAQ: MSFT) today announced a strategic relationship in which TD will use Microsoft Azure as the cloud foundation to provide its technology and design teams with tools designed for secure, agile and flexible access to data and AI resources.

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