Latest Innovation News: Finextra Research

IBM to test dollar-pegged 'stablecoin'

IBM is backing a new US dollar-pegged "stablecoin" as it looks to explore ways to make transaction processing and money transfers faster, safer and more efficient.

18 July 2018

Finextra TV/Innovation

Becoming proactive in this data driven environment

Thomas Egner, Secretary General at Euro Banking Association, EBA, talks about instant payments, open banking, PSD2 and how they have impacted the industry, what other forces there are changing the landscape and how EBA is providing value for its clients.

18 July 2018

News/Innovation

Mum's the word for OCBC's first e-commerce marketplace

Singapore's OCBC Bank has opened its first e-commerce marketplace, 'mumstruly', offering a suite of products and educational features for mums-to-be and young mothers with small children.

18 July 2018

News/Innovation

BlackFin Capital Partners closes EUR180 million fintech fund

BlackFin Capital Partners is staking a claim to be the largest independent fintech fund in Europe, after completing a €180-million final closing with participation from top-tier banks and insurance houses.

18 July 2018

Company update/Innovation

Investment Association opens doors to first fintech cohort

The Investment Association (IA) has today opened its doors to establish the first cohort of ground-breaking innovators for Velocity, the IA’s specialist FinTech accelerator for the asset management industry.

18 July 2018

Finextra TV/Innovation

Taking a data first approach is critical to digital transformation

Andrew Kouloumbrides, CEO, Xceptor, talks about how banks are moving digital disruption and intelligent automation forward, how they can change the bank while still running the bank and why taking a data first approach is critical to digital transformation.

17 July 2018

News/Innovation

Calmejane quits Lloyds Bank to join SocGen

Societe Generale has poached Claire Calmejane from Lloyds Banking Group to spearhead the French bank's innovation programme.

17 July 2018

Company update/Innovation

The Disruption House (TDH) to support Schroders’ innovation programme

TDH is delighted to announce Schroders have signed with them to support the firm’s startup engagement goals.

17 July 2018

Company update/Innovation

Luxhub and Budget Insight join ABBL fintech community

The Executive Board of the Digital Banking and FinTech Innovation Cluster of the Luxembourg Bankers’ Association (ABBL) welcomes applications of two innovative start-ups in the field of financial technology to join ABBL’s FinTech Service Pack: Budget Insight and LUXHUB.

17 July 2018

Company update/Innovation

Santander appoints blockchain head Whelan to new 'Digital Invesment Banking' team

Banco Santander announced today that it plans to utilize blockchain and other new technologies within its capital markets business to change how securities are issued, traded and settled.

17 July 2018

Finextra TV/Innovation

AI driving growth, lower costs and improving valuation

Paul Roehrig, Chief Strategy Officer, Cognizant, speaks at The Temenos Community Forum: Digital to the Core, about the impact AI has had on the Financial Service industry, how they are reacting to AI, and what the challenges and benefits of AI are.

17 July 2018

News/Innovation

Fintech startups told to follow the money or crash and burn

Nine out of ten fintech startups fail to get beyond the seed stage, as risk-averse investors prefer to wave their wallets at later-stage companies.

17 July 2018

News/Innovation

TD Ameritrade dangles $100,000 carrot for competition

TD Ameritrade has kicked off a crowdsourced fintech competition to develop a new generation of tools for Registered Investment Advisors, with $100,000 up for grabs for the top three submissions.

17 July 2018

Finextra TV/Innovation

Making sense of the various flavours of AI

Gayle Sheppard, Vice President and General Manager, Saffron AI Group, Intel Corporation, talks at NextGen Banking London: The AI Revolution, about how financial services going through a digital transformation, can make sense of the various flavours of AI and what the future holds in this space.

16 July 2018

Company update/Innovation

Steve Freiberg joins TowerBrook Capital Partners advisory board

TowerBrook Capital Partners L.P. (“TowerBrook”), an international investment management firm, today announced that Steve Freiberg has joined the firm’s Senior Advisory Board.

16 July 2018

Company update/Innovation

Visa hosts Dubai Smart City Accelerator's FastTrack mentoring session

Visa (NYSE:V), the world leader in digital payments, and Startupbootcamp, the leading network of innovation programs accelerating startups worldwide, hosted “FastTrack”, a mentoring session for startups participating in the Dubai Smart City Accelerator, which is hosted in Dubai Technology Entrepreneur Centre (dtec), the largest hub of its kind in the Middle East that is wholly owned by Dubai Silicon Oasis Authority (DSOA).

16 July 2018

Company update/Innovation

Sberbank becomes member of Russian Association of Robotics

Sberbank has become a member of the Russian Association of Robotics (RAR). The statement was approved yesterday by Sberbank’s Executive Board, in accordance with the bank’s Charter.

13 July 2018

News/Innovation

Metro Bank opens developer portal

Branch-based Metro bank is upping its digital game with the launch of a developer portal for third party firms to build services on top of its APIs.

13 July 2018

News/Innovation

Regulators need to adopt a more pro-competitive stance to fintech - EU Parliament

EU regulatory bodies are failing to address competition issues in their public policy towards fintech developments in financial services, according to a report prepared for the European Parliament.

13 July 2018

Finextra TV/Innovation

The Contact Center of Modern Financial Services Organisations

Michael Heffner, Vice President, Global Banking, Capital Markets, and Insurance Industry Lead at Appian, speaks at EBAday 2018 about how poorly aligned customer onboarding is in financial services, the implications of this, how banks are transforming their contact centres, what role technology has in this and how a more integrated solution can improve the customer experience.

12 July 2018