Latest Innovation News: Finextra Research

Company update/startups

FIS selects ten startups for 20202 accelerator programme

Financial technology leader FIS (NYSE: FIS) and The Venture Center have announced the ten companies selected to participate in the 2020 FIS Fintech Accelerator program.

30 June 2020

News/regulation

BIS Innovation Hub to expand global reach

The Bank for International Settlements (BIS) is to expand its Innovation Hub to new locations in Toronto, London, Frankfurt & Paris and Stockholm.

30 June 2020

News/cloud

How the cloud transforms customer experience in financial services

The bar to meet customer expectations across industries has continued to rise. Digital innovation is changing how companies engage their customers in every interaction, particularly how they deliver information as well as products and services.

26 June 2020

News/wholesale

Fintech Scotland wins £22.5 million to establish Open Finance Centre

Scotland's growing fintech cluster has been given a significant boost with the award of £22.5 million in innovation funding to establish a Global Open Finance Centre of Excellence (GOFCoE) in Edinburgh.

26 June 2020

News/payments

KBC to roll out wearable payments to all customers

Belgium's KBC is rolling out wearable payments tech to all clients following successful tests with 1000 customers.

26 June 2020

Company update/startups

London named one of the world’s leading startup ecosystems

London has one of the world’s most favourable ecosystems to build a globally successful startup according to latest data from Startup Genome’s The Global Startup Ecosystem Report 2020.

25 June 2020

Company update/startups

Five women-led startups selected for inaugural 1871/BMO accelerator

1871 and BMO Harris Bank are proud to announce the five participating companies selected to join WMN•FINtech on June 15, 2020.

25 June 2020

Research/Innovation

Charting a Core Transformation Roadmap to a Future Unknown

24 June 2020 979 downloads

Company update/startups

CCAF, World Bank and the World Economic Forum investigate Covid-19's impact on global fintech

The Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School is partnering with the World Bank Group and the World Economic Forum to launch a Global Covid-19 FinTech Market Rapid Assessment Survey. The empirical data collected will be used to understand Covid-19’s impact on the FinTech markets, how the global FinTech industry has responded and some of the immediate regulatory and policy implications.

15 June 2020

Company update/startups

Citi joins Restarting Together post-Covid innovation programme

Airbus BizLab, BASF, Boston Consulting Group, CEMEX, Citi, Endeavor, IDB Lab, IE, IESE Business School, Microsoft for Startups, South Summit and Telefonica announced today the launch of Restarting Together, a global challenge that seeks to boost innovative projects after the impact of COVID-19.

10 June 2020

News/startups

MAS to host $1.25 million Covid-19 and green finance challenge

The Monetary Authority of Singapore has launched a $1.75 million global fintech challenge in search of solutions that can help financial institutions grapple with the existential threats posed by Covid-19 and climate change.

08 June 2020

News/retail

Neobanks’ Covid-19 recovery will provide the blueprint for future scalability in fintech

The fintech industry continues to flourish across Europe, the Middle East and Africa despite economic setbacks such as those that have emerged following the outbreak of Covid-19.

05 June 2020

News/crypto

Swiss crypto firm launches university courses

Swiss crypto bank Seba has sought to address the potential skills gap in emerging technology by launching a blockchain-themed university education course.

05 June 2020

News/sustainable

Sustainable Finance Live: How investment opportunities can transform the greenhouse gas landscape

Finextra Research and ResponsibleRisk today hosted Sustainable Finance Live, the first virtual workshop in series of events designed to create actionable ESGtech strategies and build an ecosystem of partnerships that will turn strategy into reality.

02 June 2020

News/markets

HSBC launches AI-powered equity index family

HSBC has teamed up with IBM Watson and artificial intelligence specialist EquBot to launch equity index products powered by AI and big data.

01 June 2020

News/retail

Banks worldwide warm to Open Banking

Research conducted among 774 banks worldwide reveals that 86% of global banks are looking to use APIs to enable Open Banking capabilities in the next 12 months.

26 May 2020

Company update/startups

VTB and Skolkovo Foundation form IT partnership

VTB Bank and the Skolkovo Foundation have signed a partnership agreement in the information technology sector.

22 May 2020

Company update/people

BIS appoints Bénédicte Noella Nolens from SC Ventures to run HK innovation hub

The Bank for International Settlements (BIS) today announced the appointment of Bénédicte Noella Nolens as head of the BIS Innovation Hub Centre in Hong Kong SAR for a three-year term from 1 July 2020.

22 May 2020

Company update/startups

Credit Kudos joins PwC fintech ecosystem

Credit Kudos is today announced as one of the key Fintechs working together with PwC to build the digital banking ecosystem sandbox platform – a PwC project to demonstrate the ease of shifting a legacy bank model to a partnership banking model.

21 May 2020

News/startups

Santander looks ahead to post-Covid innovation

Looking ahead to a world transformed by the Coronavirus outbreak, Banco Santander has launched the X Tomorrow Challenge to fund entrepreneurial projects dealing with the post Covid-19 fallout.

21 May 2020