Innovation

3448 articles tagged with this keyword

/ai

US Congress launches fintech and AI task forces

The US House of Representative is launching task forces looking into fintech and artificial intelligence in financial services.

/Innovation

Metro Bank faces shareholder revolt

Shareholders in Metro Bank have been advised to reject the British retail bank's latest remuneration report and abstain in the vote of its directors amid ongoing concerns over accounting practices.

/Innovation

DBS retrains call centre staff for digital future

Singapore's DBS has retrained more than 500 call centre employees for the digital age, creating new roles in areas such as social media, voice biometrics and live chat.

/Innovation

Digitisation and collaboration on Ireland's agenda

The SWIFT Business Forum Ireland 2019 explored how Irish financial institutions can deliver a truly digital customer experience through a spirit of collaboration, while staying secure against evolving cyber threats.

/startups

Morgan Stanley picks startups for Multicultural Innovation Lab

Morgan Stanley has picked 10 technology startups to take part in its accelerator programme for firms who have multicultural or women leaders.

/devops

ANZ converts 9000 IT staff to agile development

ANZ has completed the roll out of its 'New Ways of Working' programme to Australian technology staff, converting 9000 team members to the benefits of agile development methodologies.

/Innovation

OCC seeks input on innovation pilots

US Federal banking agency the OCC (Office of the Comptroller of the Currency) is soliciting feedback on an innovation pilot programme to provide early regulatory input on new products and business models proposed by financial institutions.

/Innovation

Jaguar Land Rover pays car owners cryptocurrency for driving data

Car maker Jaguar Land Rover is testing smart wallet technology that lets drivers earn cryptocurrency and make payments on the move.

/regulation

Global sandbox accepts first eight firms

The Global Financial Innovation Network (GFIN), a cross-border regulatory sandbox for firms testing innovative financial products, services or business models across multiple jurisdictions, has selected the first eight firms to participate in the programme.

/Innovation

UK Fintech Week: Fintech bodies form national network

As UK Fintech Week kicks off, Innovate Finance, FinTech Scotland and FinTech North have formed a national network designed to encourage innovators up and down the country to connect and form multiple fintech hubs and centres of excellence.

/Innovation

Tackling the fintech talent deficit

Amid continued concerns around the impact Brexit will have on the talent deficit in the financial services industry, Felicity Burch, director of innovation and digital at CBI and Omar Ali, partner at EY discuss how to inspire the next generation of fintech talent with Finextra.

/Innovation

US Bank names BBVA's Derek White chief digital officer

US Bank has hired Barclays and BBVA veteran Derek White as its first chief digital officer, putting him in charge of a new combined digital team.

/Innovation

Halifax rebrand slammed for copying Monzo and Starling

Days after Halifax's attempt at a rebrand to compete with digital upstarts such as Monzo and Starling, social media users noticed that the bank's new identity may have taken the competition a little too literally.

/ai

Tens of millions of jobs on the line as banks pile into AI

The global business value of the deployment of artificial intelligence in financial services is projected to reach $300 billion by 2030, according to a study by IHS Markit, leading to the loss of tens of millions of jobs

/Innovation

RBC and Franklin Templeton back SoCal fintech incubation centre

Royal Bank of Canada and Franklin Templeton have thrown their weight behind the creation of a purpose-built fintech incubator in San Diego, the first facility of its kind in the Southern California region.

/startups

Fintech phenomenon boosts London jobs market

Job creation within the fintech space in London increased by 61% over the past year as the City cemented its standing as a global hub for financial technology startups, according to data from recruitment firm Robert Walters.

/ai

SocGen Assurances and Roadzen team on contextual insurance venture

Societe Generale Assurances has joined forces with AI insurtech specialist Roadzen to build a "digital and contextual" insurance player.

/Innovation

RBS and Barclays trial blockchain tech to slash property transaction times

RBS and Barclays Bank have completed a blockchain trial with R3's distributed ledger software which reduced the time taken to complete a property transaction from three months to less than three weeks.

/devops

K&H to run 'Innovathon' hack

KBC's banking subsidiary in Hungary, K&H Group, is inviting fintechs, startups and developers to play in its PSD2 sandbox with the aim of testing fresh ideas for digital banking innovation.

/Innovation

JPMorgan's Dimon apprehensive of China's prowess in AI and fintech

JPMorgan Chase chief Jamie Dimon has admitted to being worried about the progress China has made in artificial intelligence and fintech.