Innovation

3451 articles tagged with this keyword

/Innovation

National Australia Bank launches $50 million venture fund

National Australia Bank is to establish a $50 million venture fund to invest in startups with fresh ideas in mobile banking, payments and data and analytics.

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Singapore hires Citi veteran to lead new fintech group

The Monetary Authority of Singapore (MAS) has poached Citi exec Sopnendu Mohanty to head up a new fintech and innovation group.

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Peter Randall resurfaces with post-trade blockchain startup

Peter Randall, the former CEO and founder of Chi-X, is once again looking to upset established market mechanisms with the launch of an institutional payment and settlement system based on blockchain technology.

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BNP Paribas explores the blockchain; SocGen advertises bitcoin-related job

Further evidence has emerged that French investment banks are exploring the potential of blockchain technology in the capital markets.

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Banks lag manufacturers and telcos in race to build innovation centres

The financial services sector is trailing rival industries in the race to set up innovation centres in technology hubs such as Silicon Valley, according to a report issued by consultants CapGemini and Altimeter Group.

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Wells Fargo creates innovation group

Wells Fargo has tapped veteran Steve Ellis to lead a newly created innovation group designed to help the 163-year-old bank thrive in the digital age.

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Wall Street eyes the blockchain

Almost all of Wall Street thinks that the blockchain could be applied to institutional capital markets and many firms are already actively reviewing the technology, according to research from Greenwich Associates.

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Fintech sector lifts Irish jobs market

Ireland has received a timely boost to its employment figures thanks to the creation of almost 500 new jobs in the country's blossoming fintech industry.

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ING opens Belgium fintech accelerator; mistakenly blocks Dutch user from bitcoin

On the day ING’s Belgian arm burnished its innovation credentials with the launch of a fintech accelerator, an overzealous staffer across the border at the bank’s Dutch unit did their best to undermine the effort by mistakenly blocking a customer from buying bitcoins.

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Barclays builds global fintech community

Barclays is promising to create a global community for fintech innovation, opening physical hubs around the world, beginning with New York, to house startups.

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Xignite and Nasdaq to power startups with cloud-based market data API

Cloud-based data supplier Xignite is to provide fintech startups with low-cost API access to real-time market data quotes from Nasdaq.

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PSR appoints Ruth Evans to helm Payments Strategy Forum

The Payment Systems Regulator has appointed Ruth Evans, an industry outsider and chairman of the The Authority for Television on Demand (ATVOD), to guide discussions over the future of payments in the UK.

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Standard Chartered innovation chief talks up the blockchain

Standard Chartered chief innovation officer Anju Patwardhan has become the latest senior banker to talk up the potential of blockchain technology as a way to cut costs and improve transparency for financial transactions.

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Bitcoin incubator opens in Chicago

A collective of Chicago-based entrepreneurs and investors have opened an incubator for bitcoin- and blockchain-focused startups.

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Swift offers grant for research into the blockchain in securities markets

The Swift Institute is offering up a EUR15,000 grant for research into the development of blockchain technology for use in securities markets.

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UK Government names Eileen Burbidge as 'special envoy' for fintech

The UK Government has appointed Passion Capital's Eileen Burbidge as a 'special envoy' for fintech, to champion innovation in financial services across the UK and at an international level.

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Barclays joins BBC initiative to inspire digital creativity

Barclays Bank is one of a host of sponsors of a BBC initiative to give a pocket-sized computer to every year 7 child in the UK for free, with the aim of inspiring digital creativity and developing a new generation of tech pioneers.

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Visa to showcase cashless trend on the catwalk

The world of fintech is set to invade the catwalk at London Fashion Week in September as Visa Europe collaborates with designer Henry Holland on a new range of trend-setting styles that combine fashion, wearables and payments.

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Crypto Facilities and Elliptic bring enterprise standards to bitcoin trading

A pair of bitcoin firms are hoping to bring enterprise adoption of cryptocurrency trading a step closer through the launch of a clearing and settlement function that separates custody from other exchange functions.

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Capital One buys design and development specialist Monsoon

Continuing its strategy of buying in user experience expertise, Capital One has acquired Oakland-based design and development outfit Monsoon for an undisclosed fee.