Latest Innovation News: Finextra Research

Future Money roundup: Big banks have their day in the sun

Some of the world's biggest banks took to the stage at the second annual Finextra Future Money conference to show their innovation chops and dispel the notion that the industry is reaching a point of peak disruption.

22 April 2015

News/Innovation

Yes Bank partners Twitter to text tweets

India's Yes Bank has teamed up with Twitter on a service that lets customers place missed calls in order to receive tweets via text messages.

08 April 2015

News/Innovation

DeVita to bring MasterCard Labs assets to commercial market

MasterCard has appointed Betty DeVita chief commercial officer of its payments innovation research and development arm, where she will be tasked with guiding disruptive new technology towards the market.

25 March 2015

News/Innovation

Future Money Focus: Tom DeLuca, AMP Credit Technologies

The co-founder of a Nasdaq-listed payments processor and a former legal advisor for American Express - Tom DeLuca is now focused on his latest venture, AMP Credit Technologies, a platform for banks and lenders to provide short-term unsecured small business loans.

24 March 2015

News/Innovation

Fintech and bank collaboration could create 5000 jobs in Ireland - Deloitte

The junction between Ireland's emerging fintech cluster and the traditional financial services sector could create 5000 new jobs by 2020 says professional services firm Deloitte.

23 March 2015

News/Innovation

Six undertakes hackathon talent challenge for new fintech incubator

Swiss financial infrastructure provider SIX Group is running a weekend hackathon with a view to acquiring new talent ahead of the launch of a fintech incubator in May.

20 March 2015

News/Innovation

Citi, Fidelity and Mint develop first FS apps for Apple Watch

Citi, Fidelity and Mint are the first financial services-related developers out of the blocks with apps designed for the new Apple Watch, which goes on sale next month.

09 March 2015

News/Innovation

Lloyds and AmEx back fintech startup competition

Some of the biggest names in financial services are throwing their weight behind a UK competition giving fintech startups the chance to win a share of a £175,000 cash prize pot.

04 March 2015

News/Innovation

Madrid's public transport system to trial mobile NFC ticketing

Madrid's public transport system operator is working with Telefonica, Samsung and Gemalto to pilot mobile NFC ticketing.

04 March 2015

News/Innovation

Oz telco Optus preps smartwatch payments

Australian telco Optus is planning to launch smartwatches and wristbands that let customers make contactless payments with the flick of a wrist.

03 March 2015

News/Innovation

Worldpay commits $1m to Georgia Tech fintech accelerator

Payment processor Worldpay is putting up $1 million to fund a new financial technology accelerator at Georgia Tech's Advanced Technology Development Center (ATDC).

03 March 2015

News/Innovation

ECB plays down virtual currency risks

Despite flagging some concerns, the European Central Bank says that it does not think that the rise of virtual currencies currently provides a material risk to the smooth operation of payment systems.

03 March 2015

News/Innovation

AXA sets up EUR200 million disruptive venture fund

AXA has launched a EUR200 million venture capital fund dedicated to investing in budding strategic innovations in the insurance, asset management, financial technology and healthcare service industries.

25 February 2015

News/Innovation

Simple veterans target business banking

Simple veterans Brian Merritt and Ryan Hildebrand have set their sights on the world of business banking, introducing their new neobank called Seed and launching an API.

18 February 2015

News/Innovation

Finextra Future Money returns for 2015

Created as the premier event bringing both the most innovative minds in banking together with the exploding FinTech community, Finextra Future Money returns to London on April 21 and 22 for an exciting two day event.

16 February 2015

News/Innovation

US Bank enlists millennial advisors to find out what young customers want

US Bank has hand-picked a dozen millennials to help guide its middle-aged suits over the next year on what digital natives want from their financial services provider.

02 February 2015

News/Innovation

Banks set blockchain/Internet of Things challenges for SBC hackathon

The future of the blockchain and the use of the Internet of Things in financial markets are among the challenges set out by banks participating in the next Startupbootcamp hackathon in London.

27 January 2015

News/Innovation

Bitcoin price soars on Coinbase exchange launch

Coinbase has launched America's first regulated bitcoin exchange, helping to push the crypto currency's price past the $280 mark.

26 January 2015

News/Innovation

Gates makes mobile banking bet

By 2030, two billion people who don't have a bank account today will be storing money and making payment with their mobile phones, predicts Bill Gates.

22 January 2015

News/Innovation

Japanese bank employs robot branch workers

Already facing competition from online and mobile channels, bank branch staff in Japan are about to come up against a new threat: mini humanoid robots.

13 January 2015