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News/Innovation
Credit Suisse has added a new member to its IT support team - Amelia, an AI-powered virtual agent who helps thousands of the bank's human employees with their day-to-day tech problems.
05 February 2018
The European Commission has launched a Blockchain Observatory and Forum with the express aim of supporting the EU's emerging fintech industry.
02 February 2018
International depository Clearstream is collaborating with the University of Luxembourg to investigate the use of artificial intelligence in determining user expectations and functional specifications for new IT systems.
Italy's Unicredit is trying to give banking's staid image a makeover and make it "cool" through the launch of a mobile-only subsidiary called buddybank.
01 February 2018
The UK government is calling on local fintech firms to join a trade mission to New York Fintech Week in April.
Macquarie Bank is getting a head start on the Australian Government's push for Open Banking by sharing customer data feeds with Zip's personal financial management app Pocketbook.
31 January 2018
Rabobank has launched a EUR60 million venture fund to invest in early-stage fintech and food and agri companies.
Venture group Augmentum Capital is to apply for a public listing to raise up to £125 million for a new fund investing in early-stage fintech companies in the UK and wider Europe.
South Africa's Reserve Bank has established a three-man fintech unit to monitor the impact of new technology developments on deposit taking, payments, lending, insurance, and investments.
30 January 2018
Emirates NBD has appointed a new CIO to spearhead the bank's planned AED1 billion digital transformation effort and established a 'Digital Office' led by a freshly-minted chief digital officer.
29 January 2018
As the great and the good gather in Davos, Deutsche Bank has joined the World Economic Forum's Center for the Fourth Industrial Revolution, a project dedicated to "maximising the benefits and minimising the risks" of emerging technology.
26 January 2018
Danske Bank is embracing the open banking era, revamping its mobile app to let Nordic customers view data from their accounts with other providers.
24 January 2018
Fintech investment vehicle Motive Partners has secured the backing of four leading banks and Mastercard as founding partners for a new membership-only innovation and investment organistion, 'Motive Labs'.
22 January 2018
UK fintech firms are being encouraged to pitch for the chance to showcase their technology to business leaders in Hong Kong under an awards programme overseen by Invest Hong Kong and the UK's Department for International Trade.
More than half of global banks expect to see their technology investment budgets rise by over 10% this year as they beef up cybersecurity and push for digital maturity, according to a survey from EY.
19 January 2018
Norway's Sbanken has opened a developer portal through which customers can use a host of open APIs to build their own digital banking platforms, with the best efforts winning cash prizes.
Citi has launched a programme that embeds students from leading universities into its innovation efforts, enabling participants to earn course credit for work with the bank on emerging technologies such as machine learning and big data analytics.
18 January 2018
Westpac and NAB have joined the voice commerce goldrush, enabling customers to connect their Internet baking accounts to Amazon's Alexa, which has finally gotten its first outing in Australia.
US bank holding company BB&T is to set aside $50 million to invest in and acquire emerging digital technology companies in an effort to raise its competitive profile and drive down costs.
17 January 2018
Standard Chartered has created a new business unit, SC Ventures, to invest in promising fintech startups and accelerate innovation initiatives across the group.
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