Innovation

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JPMorgan Chase and Barclays join IBM quantum computing push

/Innovation

JPMorgan Chase and Barclays join IBM quantum computing push

JPMorgan Chase and Barclays are among the first firms to tap into the IBM Q early-access commercial quantum computing systems.

RBA governor cool on electronic dollar; calls bitcoin 'speculative mania'

/Innovation

RBA governor cool on electronic dollar; calls bitcoin 'speculative mania'

The Reserve Bank of Australia has no plans to issue electronic dollar banknotes, says governor Philip Lowe in a speech in which he also dismisses the current fascination with bitcoin as a "speculative mania".

/Innovation

Luxembourg Bankers’ Association welcomes first six firms to Fintech Service Pack

The Luxembourg Bankers’ Association (ABBL) and its Digital Banking and FinTech Innovation (DBFI) Cluster launched recently the FinTech Service Pack that provides an opportunity for deeper cooperation between ABBL members and FinTech firms.

Nordea takes Open APIs into live production

/Innovation

Nordea takes Open APIs into live production

Nordea is to give selected third parties access to live customer datasets as it moves into the final stages of its Open API pilot trials.

Open Up Challenge prize winners share the spoils

/Innovation

Open Up Challenge prize winners share the spoils

UK innovation agency Nesta has doled out £1 million to ten firms who participated in a contest to inspire the creation of new products and services using Open Banking APIs.

Banks and fintech startups join forces on blockchain-based supply chain pilot

/Innovation

Banks and fintech startups join forces on blockchain-based supply chain pilot

A group of banks and fintech startups are backing a pilot with Malawian tea farmers that will use blockchain technology to try to create more sustainable supply chains.

/Innovation

NAB doubles down on innovation hub investment

NAB will more than double its investment into its innovation hub, NAB Labs, as well as increasing the NAB Labs workforce by 70 per cent in 2018, as it continues to deliver new experiences for customers.

/Innovation

Asic broadens fintech co-operation with Canadian regulators

ASIC has today announced a Cooperation Agreement with Canadian regulators on fintech cooperation.

/Innovation

Thomson Reuters partner Hong Kong science institute on fintech innovation

Thomson Reuters is partnering with the Hong Kong Applied Science and Technology Research Institute (ASTRI) to help accelerate the development of FinTech innovation by bringing technology, tools and content to the Innovation Hub launched jointly by ASTRI and the Hong Kong Monetary Authority (HKMA).

Enabling liquidity and virtual account management

/Innovation

Enabling liquidity and virtual account management

Ilkka Korkiakoski, VP, Head of Tieto Transaction Banking, and Petri Syvänne, Head of Tieto Global Payment and CM Sales and Business Dev, talk at NextGen Banking Nordics about corporate banking and liquidity management in the context of PSD2, the nature of virtual account management and how the transaction banking business is likely to develop in the next two years.

/Innovation

B-Hive and Stockholm Fintech sign MoU

On Friday, December 8, B-Hive and Stockholm Fintech Hub signed a Memorandum of Understanding that will allow them to collaborate and cooperate through areas of mutual interest.

UK alternative finance market is now worth £4.6 billion

/Innovation

UK alternative finance market is now worth £4.6 billion

The UK online alternative finance market grew 43% in 2016 to reach £4.6 billion, buoyed by increased institutional investment and a sustained pick up in innovative business lending models.

/Innovation

Fed names Kenneth Montgomery payments security strategy leader

The Federal Reserve System today announced the appointment of its payments security strategy leader, Kenneth Montgomery, the first vice president and chief operating officer of the Federal Reserve Bank of Boston.

/Innovation

FinTech Sector Korea takes roadshow to Malaysia

Today, Fintech Center from Korea has hosted ‘2017 Fintech road Show in Malaysia’ at Intercontinental hotel Kuala Lumpur

/Innovation

Swiss fintech incubator and accelerator F10 calls for applicants for third startup batch

As the dust of the afterparty settles for the 12 of 13 graduates of F10’s P2 Program Demo Batch II Day, the Swiss FinTech Incubator and Accelerator announced that the second Demo Batch Day had been its biggest yet, with over 400 attending.

/Innovation

More UK consumers to tap in-home AI to do the Christmas shopping

SAP SE (NYSE: SAP) today announced that the number of UK consumers who will consider using their in-home assistant for Christmas shopping this year has doubled since 2016.

/Innovation

Governor Software completes FCA TechSprint

Governor Software Ltd has successfully completed the Financial Conduct Authority and Bank of England convened TechSprint.

Alior Bank to use Open API platform and accelerator to create fintech marketplace

/Innovation

Alior Bank to use Open API platform and accelerator to create fintech marketplace

Poland's Alior bank is stepping up its digital transformation strategy with the establishment of a fintech department, startup accelerator and Open API platform.

Santander UK poaches Barclays innovation chief Michael Harte

/Innovation

Santander UK poaches Barclays innovation chief Michael Harte

Santander has appointed Barclays' group head of innovation, Michael Harte, as chief operating officer of its UK business, where he will help oversee the digital transformation of the bank.

/Innovation

Startupbootcamp launches programme for growth stage startups in emerging markets

Startupbootcamp announces the launch of Startupbootcamp Scale, an innovation program for growth stage startups in emerging markets.

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