18 October 2017
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Latest innovation news

Sibos 2017: API or the highway

Sibos 2017: API or the highway

15 hours ago  |  3786 views  |  0 comments | 5 tweets | 14 linkedin

As PSD2 looms into view, open banking and APIs have been central to discussions at this year’s Sibos, with banks grappling with the threats and opportunities presented by the opening up of data.

SocGen appoints Woolley to run new innovation division in UK

SocGen appoints Woolley to run new innovation division in UK

17 October 2017  |  3560 views  |  0 comments | 7 tweets | 3 linkedin

Societe Generale is bidding to tap into London's booming fintech sector with the appointment of Anthony Woolley as head of innovation for the UK.

ECB invites expressions of interest for mobile app development challenge

ECB invites expressions of interest for mobile app development challenge

17 October 2017  |  3712 views  |  0 comments | 7 tweets | 13 linkedin

The European Central Bank is inviting independent techies and vendors to develop a mobile app for its forthcoming instant payment settlement system that will let people and businesses send money anywhere in the euro area within seconds.

Fidelity exploits virtual reality for 'empathy training'

Fidelity exploits virtual reality for 'empathy training'

16 October 2017  |  5091 views  |  0 comments | 7 tweets | 11 linkedin

Fidelity is using virtual reality to transport staff into the homes of fictional customers so that they can see the impact of their responses to queries both during and after a simulated telephone call.

ADGM and YES Bank sign fintech co-operation pact; B-Hive opens in NY

ADGM and YES Bank sign fintech co-operation pact; B-Hive opens in NY

13 October 2017  |  3520 views  |  0 comments | 3 tweets | 5 linkedin

Having clinched a host of fintech cross-border agreements with regulatory agencies across the world, Abu Dhabi Global Markets is now turning its attention to the commercial banking industry, signing an MoU with YES Bank to spur collaboration between the Middle East and India.

Swift positive on blockchain, but big challenges remain

Swift positive on blockchain, but big challenges remain

13 October 2017  |  8612 views  |  0 comments | 16 tweets | 22 linkedin

Early results from a blockchain proof-of-concept conducted by Swift with six of the co-operative's member banks indicate that DLT application can deliver the business functionalities and data richness required to support real-time liquidity monitoring and reconciliation.

OakNorth joins unicorn club with £154m funding round

OakNorth joins unicorn club with £154m funding round

12 October 2017  |  4543 views  |  0 comments | 5 tweets | 4 linkedin

OakNorth, a UK challenger bank targeting small- and medium-sized businesses, is looking to ramp up lending and license its technology around the world after raising £154 million from a group of international investors.

Can regtech and CLM save the customer experience? - new Finextra report

Can regtech and CLM save the customer experience? - new Finextra report

12 October 2017  |  5807 views  |  0 comments | 7 tweets | 9 linkedin

Increased regulatory burden is hampering smooth and timely onboarding of customers, as banks struggle with technology implementation and budget parameters, according to financial industry professionals surveyed in a new paper by Finextra Research.

Fintech investment rebounds in Q2

Fintech investment rebounds in Q2

12 October 2017  |  4829 views  |  0 comments | 13 tweets | 10 linkedin

The fintech market globally made a strong rebound in Q2 2017, with total investment more than doubling on a quarter over quarter basis to more than $8.4 billion across 293 deals.

Thomson Reuters commits $100m to Toronto technology centre

Thomson Reuters commits $100m to Toronto technology centre

12 October 2017  |  4297 views  |  1 comments | 16 tweets | 11 linkedin

A year on from its launch, Thomson Reuters is doubling down on its Toronto technology centre, committing another US$100 million to the project, which will eventually be home to 1500 staffers working on areas such as cloud computing, big data and AI.

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