24 August 2016
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Latest innovation news

Wells Fargo hails video banking pilot

Wells Fargo hails video banking pilot

3 hours ago  |  1646 views  |  0 comments | 8 tweets | 7 linkedin

Wells Fargo says that a pilot programme that lets customers talk to a bank staffer face-to-face from the comfort of their own homes over video connection has proved a big hit.

Visa's Olympic payment rings to go on general sale

Visa's Olympic payment rings to go on general sale

6 hours ago  |  3011 views  |  0 comments | 11 tweets | 11 linkedin

NFC payment rings first sported by Olympian athletes in Rio are now available for pre-order to the general public.

UBS wins big bank backing for Utility Settlement Coin concept

UBS wins big bank backing for Utility Settlement Coin concept

7 hours ago  |  2689 views  |  0 comments | 11 tweets | 12 linkedin

BNY Mellon, Deutsche Bank, Icap and Santander have joined with UBS and Clearmatics to advance the Utility Settlement Coin, an asset-backed digital cash instrument implemented on distributed ledger technology.

FNB launches own-branded mobile phones

FNB launches own-branded mobile phones

17 hours ago  |  2872 views  |  0 comments | 4 tweets | 9 linkedin

South Africa's First National Bank (FNB) is taking its embrace of mobile services to the next level, launching its own-branded handsets.

Canadian fund raises $20 million fintech investment pot

Canadian fund raises $20 million fintech investment pot

23 August 2016  |  2943 views  |  0 comments | 8 tweets | 6 linkedin

Toronto-based Impression Ventures Fund has raised C$20 million to invest in early-stage Canadian financial technology companies.

CommBank hires Chip the robot for AI push

CommBank hires Chip the robot for AI push

23 August 2016  |  3939 views  |  0 comments | 5 tweets | 12 linkedin

Commonwealth Bank of Australia has made a high-profile and expensive hire: Chip, a humanoid robot that will be used to carry out research into artificial intelligence (AI).

Nordea looking for AI and blockchain breakthroughs

Nordea looking for AI and blockchain breakthroughs

22 August 2016  |  5722 views  |  0 comments | 17 tweets | 15 linkedin

Nordea is on the hunt for startups developing new applications in artificial intelligence and blockchain-based products for its next fintech accelerator programme which kicks off in the autumn in Stockholm and Helsinki.

Octopus Investments launches fintech accelerator and inhouse incubator

Octopus Investments launches fintech accelerator and inhouse incubator

22 August 2016  |  3992 views  |  0 comments | 9 tweets | 2 linkedin

UK fund management house Octopus Investments has launched a fintech accelerator to nurture 'product-ready' startups, alongside an inhouse development incubator.

Singapore makes cashless payments push

Singapore makes cashless payments push

19 August 2016  |  5088 views  |  0 comments | 17 tweets | 18 linkedin

Singapore is set to introduce a payments system similar to the UK's Paym, which will let people send money using only recipients' mobile numbers, as part of a concerted effort to wean the city state off of cash.

Rakuten establishes blockchain lab in Belfast

Rakuten establishes blockchain lab in Belfast

18 August 2016  |  4578 views  |  0 comments | 4 tweets | 7 linkedin

Japanese e-commerce giant Rakuten is to open a blockchain development lab in Belfast to cater for its expanding portfolio of investments in the fintech arena.

German bank bids to unleash innovation with tech-packed 'playroom'

German bank bids to unleash innovation with tech-packed 'playroom'

18 August 2016  |  4795 views  |  0 comments | 14 tweets | 7 linkedin

German cooperative bank Volksbank eG Schwarzwald Baar Hegau has become the first client to install NCR's new 'innovation experience room', a space packed with the latest technology, such as virtual reality headsets and drones, that is designed to help build digital literacy among employees and customers.

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