Innovation

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HSBC opens London and Toronto data and innovation labs

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HSBC opens London and Toronto data and innovation labs

HSBC has opened two data and innovation labs - in London and Toronto - that will house specialists in areas such as analytics and robotics working on products and services for the bank's global banking and markets (GBM) unit.

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FX vacation spending money app wins Finastra FusionONE hackathon

Finastra has unveiled the winner of the first public hackathon on its open development platform, FusionFabric.cloud.

Live: Swift Latin American Regional Conference - day two

/Innovation

Live: Swift Latin American Regional Conference - day two

Welcome to Finextra's live coverage of the Swift Latin American Regional Conference 2019, in Panama City. This event will focus on important issues affecting the financial industry in the region, and how the financial community can accelerate digital transformation.

Indian securities body proposes innovation sandbox

/Innovation

Indian securities body proposes innovation sandbox

The Securities and Exchange Board of India (Sebi) has published a framework for an innovation sandbox which would enable non-regulated firms to tap market data feeds to test new product ideas.

Live: Swift Latin American Regional Conference - day one

/Innovation

Live: Swift Latin American Regional Conference - day one

Welcome to Finextra's live coverage of the Swift Latin American Regional Conference 2019, in Panama City. This event will focus on important issues affecting the financial industry in the region, and how the financial community can accelerate digital transformation.

One in ten European banks to disappear over the next five years

/Innovation

One in ten European banks to disappear over the next five years

A.T. Kearney is predicting the demise of one in ten European banks over the next five years as more agile digital challengers embrace the changes wrought by Open Banking to increase their market reach.

"AI is the new electricity" - TSB's Janet Adams frames the debate at Finextra conference

/Innovation

"AI is the new electricity" - TSB's Janet Adams frames the debate at Finextra conference

Finextra welcomed over 200 attendees to NextGen Banking London, the one-day event that focused on how developments in AI have become a business-critical consideration for traditional banks.

Internal innovators at SocGen incubate thirty startups

/Innovation

Internal innovators at SocGen incubate thirty startups

Societe Generale is to support the development of up to 30 startups that have emerged from an internal intrapreneurship programme that kicked off in 2017.

ECB paper warns of regulatory arbitrage on crypto-assets

/regulation

ECB paper warns of regulatory arbitrage on crypto-assets

While crypto-assets do not currently pose a threat to the euro area's financial stability, a disjointed approach at the national level could trigger regulatory arbitrage and hamper the resilience of the region's financial system, says an ECB paper.

Swedbank to take over Barclays Rise in Lithuania

/Innovation

Swedbank to take over Barclays Rise in Lithuania

Swedbank is to take over Barclays financial technology centre, Rise Vilnius, following the UK bank's decision to shutter its operations in Lithuania.

ABN Amro to launch blockchain and IoT platform for trade inventories

/Innovation

ABN Amro to launch blockchain and IoT platform for trade inventories

ABN Amro is looking to launch a blockchain platform for the commodities industry that uses the Internet of Things to communicate directly with physical trade inventories.

Tokyo opens 'Fintech Business Camp' for foreign startups

/startups

Tokyo opens 'Fintech Business Camp' for foreign startups

The Tokyo Metropolitan Government is inviting applications from foreign fintech startups to join an accelerator programme which will provide them with unrivalled access to leading companies in Japan's financial sector.

/ai

Unesco tackles gender bias in AI

A UNESCO publication produced in collaboration with Germany and the EQUALS Skills Coalition, I’d Blush if I Could, features recommendations on actions to overcome global gender gaps in digital skills, with a special examination of the impact of gender prejudice coded into some of the most prevalent artificial intelligence (AI) applications such as digital voice assistants.

BNP Paribas rolls out hologram projection technology

/Innovation

BNP Paribas rolls out hologram projection technology

BNP is to offer clients the opportunity to chat with a holographic projection of members of its real estate, corporate and institutional banking and wealth management teams.

/Innovation

Intesa Sanpaolo supports innovation in Turin

Compagnia di San Paolo, Fondazione CRT and Intesa Sanpaolo Innovation Center (a company of the Intesa Sanpaolo Group) signed a memorandum of understanding with the aim of aiding the development of an international ecosystem for innovation in the city of Turin.

/startups

Fintech investment house Portag3 appoints six senior advisors

Portag3 Ventures today announced the creation of a group of senior advisors tasked with working with the platform to provide industry and functional expertise to portfolio companies and support the investment team's deal sourcing activities.

/startups

Startupbootcamp selects ten firms for fintech accelerator

Global accelerator program Startupbootcamp has announced the 10 startups selected for its specialised FinTech Accelerator program, which will formally commence on June 3rd and run until Demo Day on August 29th.

Sixteen startups selected for EBAday Fintech Zone

/Innovation

Sixteen startups selected for EBAday Fintech Zone

Sixteen of Europe's top fintech startups have been selected to demo their products to a prestigious panel of senior banking executives at this year's EBAday symposium in Sweden.

/Innovation

ECB issues call for papers for payments innovation conference

The European Central Bank and the Nationale Bank van België/Banque Nationale de Belgique will host a conference entitled “Crossing the chasm to the retail payments of tomorrow”.

/Innovation

BNP Paribas kicks off second season of intrapreneurship lab

Pioneer of intrapreneurship for good, the People’sLab4Good is a company lab a 100% dedicated to project holders whose businesses have a positive impact on society and/or the environment.

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