Innovation

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/Innovation

Pushfor and Xtremepush take the prizes at the Dublin Innovation Jam

Temenos (SIX: TEMN), the banking software company, announces that Pushfor and Xtremepush won the public and judges’ vote, respectively, at its first ever Dublin Innovation Jam.

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European Commission sets out 23-step 'Fintech Action Plan'

The European Commission has set out details of a 23-step 'Fintech Action Plan' to promote the digital transformation of the financial services sector, including the establishment of an EU Fintech Laboratory, the creation of a best-practices blueprint for regulatory sandboxes and substantial crowdfunding reforms.

/Innovation

Babb raises $20m for blockchain banking platform

Having just raised $20 million in a sold-out token sale, British blockchain-based banking platform Babb has set its sights on opening its first bank accounts before the end of the year.

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NSW Government backs Oz fintech awards

Australia’s 600+ fintech companies have been given the opportunity to get official recognition for their success, with entries opening for Australia’s only industry-backed awards.

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DIT to take 15 fintech firms on trade mission to New York

The Department for International Trade (DIT) today announced that after a most competitive recruitment process, fifteen UK delegates have been selected to join the second annual UK trade mission to Empire FinTech Week in New York City.

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Axoni unveils programming language for smart contracts

Axoni is pleased to announce AxLang, a new programming language that supports functional programming and enables formal verification of smart contracts for Ethereum-compatible networks.

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Switzerland's F10 accelerator welcomes new cohort

F10 FinTech Incubator and Accelerator today revealed that its Program Grand Opening had been a resounding success. Fifteen of the world’s most promising startups in the innovative FinTech, InsurTech, and RegTech space pitched their pioneering ideas in front of a prestigious audience in Zürich’s Limmat Hall.

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Swift Business Forum, Helsinki - live blog

Welcome to Finextra's live coverage of the Swift Business Forum Nordics 2018 in Helsinki. This event will focus on important issues affecting the financial industry in the Nordics, particularly on how both innovation and collaboration are key in the transformation of financial services.

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SenaHill hires Korhammer and Weil to lead cap markets and InsurTech advisory services

SenaHill Partners, LP ("SenaHill"), a FinTech specialist merchant bank, today announced a series of senior appointments to drive its next stage of growth. As the firm continues to invest in talent to support its global client base and meet the increasing demand for its FinTech advisory and portfolio investing services, the new team members will leverage their proven industry success to bolster the firm’s already deep roster.

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Manny Pacquiao joins cryptocurrency celebrity exchange Gcox

Global Crypto Offering Exchange (GCOX) has signed international boxing superstar, Manny Pacquiao, as its first celebrity.

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BBVA celebrates tenth anniversary of Open Talent competition

BBVA Open Talent, the world’s biggest fintech competition, will this year mark its tenth anniversary by working with more start-ups than ever before.

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BMO to open Toronto 'urban campus'

The Bank of Montreal is set to open a massive, state-of-the-art 'urban work campus' in downtown Toronto to house 3500 staffers.

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Mexican Congress passes fintech bill

Mexico's Congress has approved a bill to regulate the fintech sector, setting rules for things like cryptocurrencies and crowdfunding, and paving the way for an open banking revolution.

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Market infrastructure body backs FCA global sandbox

The World Federation of Exchanges has thrown its weight behind an FCA proposal to create a global regulatory sandbox, reiterating its support for an internationally coherent supervisory approach to emerging financial technologies.

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BBVA doubles digital sales in one year

BBVA’s drive towards delivering a world class digital banking experience has taken another step forward. BBVA’s drive towards delivering a world class digital banking experience has taken another step forward.

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DNB tests mobile passporting for international clients

DNB is experimenting with a mobile app that scans user passports and faces to identify customers from across borders for ID verification and digital onboarding.

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EBAday agenda to spell out new payments paradigm

Innovations in technology and practitioner insights into payment trends will top the agenda at EBAday 2018, Europe's leading payments and transaction banking conference, which is being staged this year at the ICM-Internationales Congress Centre in Munich.

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B-Hive and Fintech & Payments Association of Ireland sign MoU

B-Hive and the Fintech & Payments Association of Ireland (FPAI) have signed a Memorandum of Understanding that will allow them to collaborate and cooperate through areas of mutual interest.

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JPMorgan-backed FinLab competition calls for applications from women and people of colour

The Financial Solutions Lab (FinLab), an innovation programme backed by JPMorgan Chase, is looking to make fintech a little less male and white, calling on entrepreneurs of colour, women and people with disabilities to take up its latest challenge to develop products that can support under-represented communities - and, in the process, bag a slice of a $3 million prize fund.

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Sberbank launches AI Academy project for schoolchildren

Sberbank’s charity foundation Contribution to the Future has launched a series of events for schoolchildren titled AI Academy.