Latest Innovation News: Finextra Research

Competing in an increasingly competitive space

Cédric Derras, Global Head of cash Management, UniCredit, talks about what some of the key initiatives and trends the global payments industry is wrestling with are, how banks are coping with this through greater collaboration with third-parties to manage and compete in an increasingly competitive space, and how this will benefit the banks and their customers in the future.

13 April 2018

Company update/Innovation

Startupbootcamp FinTech seeks international startups focused on Latin America

Startupbootcamp FinTech, the leading global FinTech accelerator focused on innovation for the financial services industry, is on the search for the next FinTech startups ready to take Latin America by storm.

13 April 2018

Company update/Innovation

AXA Strategic Ventures rebrands as AXA Venture Partners

AXA Strategic Ventures, the global venture capital firm, announces that from today the fund is rebranding and will be known as AXA Venture Partners.

11 April 2018

Company update/Innovation

NTT Data completes Bank of England PoC trial

NTT DATA, a recognised leader in global technology services, is today announcing the successful completion on a Proof of Concept (PoC) trial for data analysis in conjunction with Reportix, a company that specialises in flexible data management, for the Bank of England (BoE) Fintech Accelerator Programme.

10 April 2018

Company update/Innovation

Gautam Jain moves to SC Ventures

Standard Chartered Bank is pleased to announce that Gautam Jain, currently Global Head, Digitisation and Client Access (DCA), Transaction Banking, has joined SC Ventures, effective immediately, to help the Bank’s innovation effort, seek attractive fintech investments and set-up new ventures.

10 April 2018

Finextra TV/Innovation

Digital Drive in Energy Trading

Doug Pollock, Global Head of Business Development for Financial and Risk in the Energy Practice Group, Thomson Reuters, talks about how the energy trading sector is coping with the drive towards digitalization, why data and technology are hailed the core elements to digitalization for the energy trading sector and what areas of risk in particular, should the energy sector be concerned with.

10 April 2018

Company update/Innovation

Garanti sponsors Turkey’s first blockchain workshop

BBVA backed Garanti Bank, in cooperation with Turkish Central Bank and TUBITAK, the Scientific and Technological Research Council of Turkey, has sponsored the first Blockchain Workshop in Turkey.

09 April 2018

Company update/Innovation

Six startups join DBS Accelerator Hong Kong

Six FinTech startups from across Asia and around the world kicked off DBS Accelerator in Hong Kong this year, seeking to shape the future of finance with innovative solutions in enhancing the customer’s digital journey, data analytics, as well as compliance transformation and more.

09 April 2018

Finextra TV/Innovation

Best Execution obligations of MiFID II in action

John Mason, Global Head of Regulatory & Market Structure Strategic Response & Propositions, Thomson Reuters, talks about the impact of RTS 27 and 28 coming into force, what challenges firms are facing with satisfying the Best Execution requirement in terms of data, how the market and clients will be effected and how post MiFID II implementation will the impact non-financial institutions.

09 April 2018

News/Innovation

Seismic Foundry fintech fund to raise fresh capital

Capital markets venture fund Seismic Foundry has made a further two investments in the fintech startup space and begun raising funds for a new warchest for the 2018-19 financial year.

09 April 2018

News/Innovation

The virtuous circle of payments innovation

Nick Kerigan, managing director of future payments at Barclaycard, explores what really drives innovation in the payment industry.

09 April 2018

Company update/Innovation

Starbucks integrates with Samsung Bixby for voice ordering in Korea

Starbucks Coffee Korea Co., a 50/50 joint venture between Starbucks Coffee International, Inc. and Shinsegae Group, launched voice recognition ordering today in South Korea by integrating with Bixby, Samsung’s intelligent assistant, available on select Samsung Galaxy devices.

06 April 2018

News/Innovation

Challenger bank gives up licence to focus on IT platform

A UK challenger bank aimed at the SME business sector has opted to give up its banking licence in order to spend more time developing its IT infrastructure prior to its launch.

06 April 2018

Company update/Innovation

ICICI Bank is first in India to go live on Swift's gpi service

SWIFT announces today that ICICI Bank is the first bank in India to go live with its global payments innovation service.

06 April 2018

News/Innovation

India's central bank issues cryptocurrency ban

The Reserve Bank of India (RBI) has banned regulated banks and its account holders from dealing in cryptocurrencies.

06 April 2018

Company update/Innovation

NIFT and TPS to build digital banking platform in Pakistan

National Institutional Facilitation Technologies (NIFT) and TPS have entered into a strategic partnership to build a Digital Financial Services Platform in Pakistan.

05 April 2018

Company update/Innovation

NAB launches online app store for merchants

NAB has today announced it has launched NAB Marketplace, where businesses can download apps to their merchant terminals to develop their business and bring an innovative value-added experience to their customers.

05 April 2018

Company update/Innovation

ICICI Bank launches social media-based cross-border remittance service

ICICI Bank, India’s largest private sector bank by consolidated assets, announced the launch of a service that enables Non Resident Indians (NRIs) to send money to a beneficiary in India using social media like WhatsApp and e-mail.

04 April 2018

News/Innovation

South Africa's central bank mulls cryptocurrency regulations

The South African Reserve Bank (Sarb) is setting up a dedicated unit to monitor cryptocurrency and fintech developments and inform future regulations and its first job will be to set up a proof of concept (PoC) for DLT-based interbank clearing and settlement.

04 April 2018

Finextra TV/Innovation

Disruption in SME Banking

Daniel Meere, Managing Director, Axis Corporate, talks about how UK SMEs are impacted by the lack of competition in the market for banking services aimed at them, how Williams & Glyn Capability and Innovation funding and Open Banking are currently under way to try to change this situation, how established and new players in the UK banking market are reacting and what they should be doing to better meet the needs of SMEs.

03 April 2018