Enterprise Ireland has created a EUR500,000 fintech development and support fund in a bid to attract up to ten startups from across the world to set up shop in the country.
NatWest is trialling the use of artificial intelligence technology from a company set up by a former FSA regulator to monitor and analyse the context of sales conversations recorded between clients and front-life staff.
Banco Santander has appointed a nine-year veteran of US financial software house Intuit as chief digital and innovation officer.
California-based InvestCloud is opening a fintech incubator and accelerator in London, inviting firms to take advantage of its platform in developing digital wealth management tools.
HSBC has hired femtech heavyweight Diana Biggs as head of business model innovation for UK and Europe.
Fintech is still too small a chunk of the global financial system to present a compelling stability risk but the sector's fast-paced development means that international regulators should collaborate closely to guard against future risks, says a new report.
Seven of Europe’s largest banks have selected IBM to build and host a new trade finance platform using Big Blue's Hyperledger Fabric.
Less than half of global asset managers and asset owners think that they are adapting technology quickly enough to support their business growth needs, according to a survey from State Street.
Japan's Nomura Asset Management (NAM) has tapped artificial intelligence (AI) to quantitatively assess text from news websites and blogs, using the results to help portfolio managers make investment decisions.
As the 4th EU AML Directive comes into force today, a pair of studies suggests that while most UK FS industry financial crime professionals think the new rules will make it easier to prevent money laundering, they are likely to cost banks millions in inefficient KYC checks.
© Finextra Research 2017