Latest Innovation News: Finextra Research

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

Company update/startups

Bank of America signs on as founding corporate sponsor of SciTech Scity Innovation Campus

Liberty Science Center (LSC) announced today that Bank of America has signed on as a Founding Corporate Sponsor of SciTech Scity, LSC’s planned 30-acre innovation campus that will launch and grow dozens of world-changing science and technology companies and reimagine K-12 science education.

20 May 2020

Company update/startups

Wells Fargo Innovation Icubator ramps up funding for cleantech startups

The Wells Fargo Innovation Incubator (IN2) today announced that it has accelerated its awards program to provide $900,000 to help cleantech and sustainable agriculture startups retain staff and stay on track to bring their potentially game-changing solutions to market in the face of impacts due to COVID-19.

20 May 2020

Company update/devops

Kings College London scoops financial app competition prize

The Investing and Saving Alliance (TISA), the UK’s cross-industry financial services membership body, has announced the winners of its Savings Culture Marketing Competition for university students, a pilot initiative aimed at strengthening the UK’s savings culture through technology-driven solutions.

15 May 2020

Company update/startups

Visa boasts of fintech Fast Track success

Fintechs are a central part of the global payments ecosystem, and amidst COVID-19 have launched further into the spotlight, reporting sizable upticks in the usage of their apps1, as more people manage their money from their personal devices.

07 May 2020