Innovation

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/Innovation

SAP Financial Services Forum - Live Blog

Now in its fifth year, the SAP Financial Services Forum brings together over 450 financial services professionals to explore digital transformation across the financial services sector and the ways that firms can harness innovation, more effectively interact with their customers and build brand loyalty. This live blog will keep you abreast of what unfolds throughout the second day at the event.

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CurrencyCloud scores $18 million funding round

CurrencyCloud, the London-based firm that runs the back-end processing for some of the world's most promising money transfer startups, has roped in Sapphire and Japanese e-commerce giant Rakuten as heavyweight investors in a new $18 funding round.

/Innovation

Stockholm stakes claim as European fintech hub

Stockholm is staking a claim as a major European fintech hub after recording $266 million in startup investments over the past year, leaving it trailing only London as a magnet for VC inflows.

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SAP Financial Services Forum - Live Blog

Now in its fifth year, the SAP Financial Services Forum brings together over 450 financial services professionals to explore digital transformation across the financial services sector and the ways that firms can harness innovation, more effectively interact with their customers and build brand loyalty. This live blog will keep you abreast of what unfolds throughout the first day at the event.

/Innovation

SAP Financial Services Forum Focus: Kevin Hanley, RBS

Having joined the Royal Bank of Scotland in 2009, Hanley is now director of design with responsibility for architecture, data and analytics and lean functions, as well as the strategy and innovation agenda for the bank’s services organisation.

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Barclays bets on blockchain and startups to re-invent finance

Barclays' fintech accelerator programme is beginning to bear fruit, with the bank forging working relationships with several startup alumni involved in areas such as cybersecurity and the blockchain.

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SAP Financial Services Forum Focus: Anne Boden, Starling Bank

Boden is CEO and Founder of Starling Bank, which was recently named by the Sunday Times as one of the top 25 FinTech Start-Ups in the world.

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Canadian senate committee urges 'light touch' Bitcoin regulation

Canada should employ a "light regulatory touch" when dealing with digital currencies and the blockchain, according to a report from a powerful standing senate committee.

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SAP Financial Services Forum Focus: Matthias Kröner, Fidor Bank

Co-founder of DAB Bank, continental Europe's first online broker, and once the youngest CEO and executive board member of a German bank in German banking history Kröner's career has blended the world of banking, financial services and technology.

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Russian man embeds transit chip in own hand

A Russian engineer has sliced open his own hand and embedded a transit chip under the skin to speed up his daily commute.

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SAP Financial Services Forum Focus: Seth McGuire, Twitter

A former senior director of business development at Gnip, prior to its 2014 acquisition by Twitter, and a research and sales executive at the Corporate Executive Board, a DC-based consulting firm – now McGuire is a senior business development manager at Twitter, focused on data partnerships. He has been a guest speaker on social media and the markets on programs including CNBC's "Squawk Box," Bloomberg's "Money Moves" and Fox Business' "After the Bell."

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Five fintech startups win £175,000 injection from Innovate UK

Innovate UK has chosen five fintech startups to share a £175,000 prize pot and the opportunity to work with leading banks and government bodies to get their ideas off the ground.

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Emerging Payments Association sets up incubator

The UK's Emerging Payments Association has launched an incubator for early stage companies in the payments industry.

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Visa Europe Collab gets retail startup insight through TrueStart

UK-based retail accelerator TrueStart has forged a strategic alliance with Visa Europe Collab to steer startups with cross-over potential to the card scheme's innovation hub for advice and mentoring.

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SAP Financial Services Forum Focus: Ross Wainwright

For the past 15 years at SAP, the Global Head of Financial Services Industries has grown SAP’s Financial Services business. Wainwright's team handles development, sales, professional services, support, partner and other SAP organisations serving more than 12,400 banks and capital market firms and more than 5,000 insurance providers worldwide.

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BBVA Ventures exec joins Santander InnoVentures

Banco Santander's fintech venture fund has poached Manuel Silva Martinez, a founding member of a similar fund at rival Spanish bank BBVA.

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Westpac takes quantum step with 11% stake in QLabs

Westpac has acquired an 11% stake in Canberra-based cybersecurity outfit QuintessenceLabs as it bids to shore up its defences against hi-tech hackers.

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Please enter your emojis to access your account

Intelligent Environments has launched an emotive alternative to PIN-only passcodes with a system that enables consumers to log into their banks using four emoji characters.

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Banks and startups must collaborate for 'Fintech 2.0' revolution

Having made their mark in relatively safe areas such as payments and P2P lending, fintech firms are now preparing to move into the middle and back office, giving them a multi-billion dollar opportunity to help reboot financial services, but only if they collaborate with the establishment, according to a new paper from Santander InnoVentures, Oliver Wyman and Anthemis Group.

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TMX sets up innovation lab

Canadian exchange group TMX is launching an innovation lab to explore and incubate emerging inhouse and external technology opportunities for 're-imagining' the future of trading.