19 June 2018
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Latest transaction banking news

Collaboration in financial services is key in Latin America

Collaboration in financial services is key in Latin America

15 hours ago  |  2627 views  |  0 comments | 4 tweets | 4 linkedin

Swift's Latin American Regional Conference in Miami had a clear focus on how new market entrants and developing technologies are dramatically changing the financial landscape in the region.

Ripple exec says DLT not ready for banks...yet

Ripple exec says DLT not ready for banks...yet

14 June 2018  |  10511 views  |  3 comments | 9 tweets | 32 linkedin

A lack of scalability and privacy issues are preventing banks from using distributed ledger technology (DLT) to process cross-border payments, says a senior executive at one of the most prominent startups in the DLT space.

RBC unveils $3.2bn tech budget in digital push

RBC unveils $3.2bn tech budget in digital push

14 June 2018  |  6036 views  |  0 comments

Royal Bank of Canada (RBC) is planning to spend $3.2bn on technology this year in a bid to attract new customers looking for more digital banking services.

Singapore to develop ethical code for AI and personal data use

Singapore to develop ethical code for AI and personal data use

13 June 2018  |  5220 views  |  0 comments

Singapore's government has outlined plans to develop a governance programme around the use of artificial intelligence and personal data in its bid to become an international centre for new technology.

UK launches £2.5bn startup initiative

UK launches £2.5bn startup initiative

13 June 2018  |  9431 views  |  0 comments | 30 tweets | 26 linkedin

The UK government has launched a series of initiatives designed to attract more foreign fintech experts to work for UK startups and to encourage those same startups to remain in the UK rather than uproot to an EU-based neighbouring jurisdiction.

Live: EBAday2018, day two

Live: EBAday2018, day two

13 June 2018  |  7665 views  |  0 comments | 4 tweets | 6 linkedin

Payments professionals from across Europe are gathering in Munich this week for EBAday 2018, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

10,000 jobs could be lost to robots says Citi

10,000 jobs could be lost to robots says Citi

12 June 2018  |  48750 views  |  0 comments | 44 tweets | 35 linkedin

US bank Citi has warned that it could shed half of its 20,000 tech and ops staff in the next five years due to the rise of robotics and automation.

HSBC promises $17bn investment in technology

HSBC promises $17bn investment in technology

12 June 2018  |  8324 views  |  2 comments | 8 tweets | 21 linkedin

Europe's biggest bank HSBC is planning to invest between $15-$17bn in new technology as part of a new growth strategy announced by its chief executive John Flint.

Enterprise Ireland launches fintech fund

Enterprise Ireland launches fintech fund

12 June 2018  |  6047 views  |  0 comments | 6 tweets | 4 linkedin

Ireland's state-owned economic development agency Enterprise Ireland has announced the launch of a €750,000 Competitive Start Fund for promising fintech startups.

Live: EBAday2018, day one

Live: EBAday2018, day one

12 June 2018  |  8151 views  |  0 comments | 6 tweets | 5 linkedin

Payments professionals from across Europe are gathering in Munich this week for EBAday 2018, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

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