Latest Innovation News: Finextra Research

Exchanges call for global fintech standards

As new technologies such as AI and DLT transform the capital markets landscape, the World Federation of Exchanges (WFE) has called on regulators to hold new fintech entrants to the same standards as established players.

11 January 2018

News/Innovation

Buffett rubbishes cryptocurrencies; South Korea preps exchange crackdown

Warren Buffett, arguably the world's most successful and respected investor, has issued a scathing assessment of cryptocurrencies and predicted a "bad ending" for the current bitcoin boom.

11 January 2018

News/Innovation

SETL goes live with blockchain funds platform

SETL, a blockchain-based settlement system for the investment funds industry, has gone live with its pan-European funds record keeping platform IZNES having successfully processed its first transactions.

11 January 2018

Finextra TV/Innovation

Blockchain key catalyst for innovation

Luca Corsini, Global Co-Head, Global Transaction Banking, UniCredit, talks about the innovations and trends around transaction banking, what impact new technologies such as blockchain have in this space, what role fintechs owe to the development of solutions and how technological change is influencing supply-chain finance.

10 January 2018

News/Innovation

TD Bank buys Toronto AI outfit Layer 6

Toronto-Dominion Bank has acquired Canadian Artificial Intelligence startup Layer 6 in a deal reportedly worth more than US$100 million.

10 January 2018

Company update/Innovation

Asian Financial Forum to showcase 20 startups

The InnoVenture Salon will debut at next week's Asian Financial Forum (AFF), to foster start-up development.

10 January 2018

News/Innovation

Kodak announces blockchain plan, share price soars

Photo firm Kodak has announced plans to develop its own cryptocurrency, KodakCoin, which it says will help photographers to control their image rights via a distributed ledger.

10 January 2018

Company update/Innovation

Ingenico partners with NAVYA for first robo-taxi

Ingenico Group, the world leader in seamless payment has partnered with NAVYA, the pioneer and specialist in the autonomous vehicle market, to integrate a connected screen enabling payments for a range of services on board the Autonom Cab, the first robo-taxi on the market.

10 January 2018

Company update/Innovation

Visa to issue Dynamics 'Wallet Card'

Visa and Dynamics today unveiled the Dynamics Wallet Card™, a connected payment card, at the 2018 Consumer Electronics Show (CES).

09 January 2018

Company update/Innovation

CIBC Innovation Banking unit launched to help grow startups

Today, CIBC (TSX: CM) (NYSE: CM) introduced CIBC Innovation Banking, a full-service business that delivers strategic advice and funding to North American technology and innovation clients at each stage of their business cycle, from start up to IPO and beyond.

08 January 2018

Finextra TV/Innovation

Leveraging data and analytics for digital customer engagement

Following a recent breakfast event by Temenos and Finextra, Kam Chana - Digital Strategist at Temenos, discusses some of the key findings on how financial institutions can leverage data and analytics for digital customer engagement, addressing key drivers such as customer expectations and changing technology.

08 January 2018

Company update/Innovation

Yes Bank to offer ATM withdrawals using Aadhaar ID and biometric authentication

Nearby Technologies has partnered with YES BANK, India’s 5th largest private sector bank and worked closely with National Payments Corporation of India (NPCI) to launch a card less and PIN-less Aadhaar ATM service.

08 January 2018

News/Innovation

Capital One acquires machine learning consultancy Notch

Capital One has acquired machine learning consultancy Notch as part of a progressive effort to develop data-driven products and services for its customer base.

08 January 2018

Company update/Innovation

Abu Dhabi and Bahrain pursue fintech co-operation deal

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and the Bahrain Economic Development Board (EDB) have entered into a Fintech cooperation agreement, marking a significant first in the MENA region.

08 January 2018

Company update/Innovation

RegTechs join Accenture's Fintech Innovation Lab London cohort

RegTechs, start-ups offering technology solutions for financial firms’ regulatory challenges, will join Accenture’s sixth FinTech Innovation Lab London in their own dedicated stream for the first time.

08 January 2018

News/Innovation

Fintech leads the way as investment in UK tech firms doubles in 2017

As Brexit negotiations grind on, London's fintech sector remains a hotbed of investment activity, capturing the lion's share of a £2.99 billion venture capital splurge on UK tech firms.

05 January 2018

News/Innovation

Bankwest opens waiting list for wearable payments ring

Australia's Bankwest is inviting customers to join the wearable payment movement as it prepares for the release of a contactless payments ring which enable touch-and-go transactions with a fist pump at the point of sale.

04 January 2018

Company update/Innovation

PumaPay Protocol bids to enable merchants to process cryptocurrencies

Decentralized Vision, the blockchain company creating a payment protocol that combines the benefits of traditional billing systems and blockchain technology, announces today the launch of its PumaPay Protocol; an all-in-one solution that overcomes existing blockchain payment limitations and offers robust billing mechanisms for e-commerce, online services and traditional merchants.

02 January 2018

Company update/Innovation

BBVA reaches digital tipping point in Spain

BBVA has reached an important milestone in its continued drive towards technology focussed banking, with a key digital tipping point reached in Spain.

31 December 2017

Company update/Innovation

Moven's Brett King joins cryptobank Nebeus as advisor and shareholder

Following its successful pre-ICO campaign last month, CryptoBank and blockchain lender, Nebeus, welcomes the man known as the “King of the Disruptors”, Brett King, as advisor and shareholder.

30 December 2017