Asia remains home to most payments innovation but Europe is making a charge, leapfrogging Africa, North America and Latin America, according to a survey of industry execs which also calls out distributed ledger technology as over-hyped.
Swift has launched an Industry Challenge to find two winning fintechs who will be granted €100,000 to further develop new overlay services that leverage its Swift global payments innovation (gpi) platform.
Payments professionals from across Europe are gathering in Dublin this week for EBAday 2017, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.
American International Group, IBM and Standard Chartered Bank have converted a multinational, controlled master policy written in the UK, and three local policies in the US, Singapore and Kenya, into a 'smart contract' that provides a shared view of policy data and documentation in real-time.
The Financial Conduct Authority has selected 31 firms for its second cohort of regulatory sandbox participants, narrowing down the field from an initial list of 77 submissions.
Emirates Islamic is to use a combination of QR codes and blockchain technology to bolster fraud prevention for old-fashioned paper cheques.
Nasdaq has joined a €7M series A funding round in a French startup, Stratumn, which utilises distributed ledger technology and advanced cryptography to streamline and secure the exchange of regulatory reporting data.
A stellar line-up of 27 senior bankers and fintech experts will be onstage at the Finextra SAP Financial Services Forum in London next month to detail winning strategies for banks competing in a digitally-driven business market.
The Brexit cloud may loom large but, for now, the UK remains at the centre of Europe's financial technology scene, home to nearly two thirds of the firms that make it into this year's FinTech50.
Five of the eleven startups graduating from Startupbootcamp's 2017 Indian accelerator programme have secured pilots with bank sponsors RBL and Icici.
© Finextra Research 2017