Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

CIMB pledges RM 75 million to digital learning academy

CIMB Group Holdings Berhad (“the Group” or “CIMB”) has pledged RM 75 million over the next three years to the CIMB 3D Academy (“the Academy”). The Academy – premised on digital, data and disruption – is aimed at helping CIMB embrace the Fourth Industrial Revolution (4IR) to propel its digital ambitions via a Group-wide people development initiative.

29 May 2018

News/Human resources

OCBC Bank to spend $20 million on digital upskilling programme

Singapore's OCBC Bank is to spend $20 million on a workforce digital transformation programme designed to equip its 29,000 staff with the skills required to stay relevant in a technologically-driven banking culture.

08 May 2018

Company update/Human resources

Sberbank and SAP complete Russia’s largest cloud project

Sberbank and SAP have announced the completion of a major HR digital transformation project that utilises the SAP Success Factors cloud solution. The system is currently used by 230,000 of the bank’s employees in Russia.

12 April 2018

Company update/Human resources

Nationwide selects Alexander Mann to manage contingent workforce

Alexander Mann Solutions, the global leader in talent acquisition and management solutions, has been selected as Nationwide Building Society’s partner to deliver an end-to-end talent acquisition solution for its contingent workforce programme.

20 February 2018

Company update/Human resources

Moneo.io sets up blockchain talent agency

This week sees the official launch of Moneo.io — the world’s first blockchain talent agency that enables organisations worldwide to hire high-end, experienced blockchain freelancers, from coders to marketers, and pay both their fee and the freelancers themselves in bitcoin via Moneo’s secure, escrowed payments platform.

28 November 2017

Company update/Human resources

JPMorgan fined $1.25 million for failing to screen or fingerprint employees

The Financial Industry Regulatory Authority (FINRA) today announced it has fined J.P. Morgan Securities, LLC $1.25 million for failing to conduct timely or adequate background checks on approximately 8,600, or 95 percent, of its non-registered associated persons from January 2009 through May 2017.

24 November 2017

News/Human resources

Brexit uncertainty causing skills gap say UK tech leaders

The ongoing uncertainty around freedom of movement post-Brexit is affecting the recruitment of technology talent and causing concern among UK tech entrepreneurs about a possible skills shortage.

16 November 2017

News/Human resources

Boardroom ignorance holding back bank's tech plans

Bank's IT departments are unable to pursue innovation with the latest digital technologies because they have lost influence in the boardroom with senior managers that do not properly understand new technology.

16 November 2017

Company update/Human resources

Skills shortage impeding effectiveness of new tech in risk management

A new study by Accenture (NYSE: ACN) found that, while large financial institutions have made progress applying smart technologies like cloud, biometrics, and big data analytics to their risk management functions, two-thirds (66 percent) of executives say skills deficiencies are impeding the effectiveness of the function as these technologies evolve.

21 September 2017

News/Human resources

DBS to deepen fintech talent pool with IDMA partnership

DBS is furthering its aims of creating a digital workforce by partnering with Singapore's Infocomm Media Development Authority (IMDA) to create a fintech training programme for aspiring graduate recruits.

15 September 2017

News/Human resources

DBS to invest SG$20 million to create digital workforce

Singapore's DBS is to invest SG$20 million over five years on a new 'digital curriculum' to educate its 10,000 Singapore employees on disruptive trends and emerging technologies that are reshaping financial services.

22 August 2017

News/Human resources

Westpac launches Tech University to re-skill workforce

Westpac is preparing for a revolution in IT working practices by cutting out traditional hierarchies and re-equipping its workforce with the skills to survive and thrive in a digitally disruptive world.

15 August 2017

Company update/Human resources

Metro Bank selects Nice for workforce scheduling

NICE (Nasdaq:NICE) today announced that Metro Bank, a rapidly growing United Kingdom-based challenger bank, has selected NICE’s leading Workforce Management (WFM) solution to support its UK operations.

03 July 2017

News/Human resources

OCBC Bank rolls out HR app and chatbot for employees

OCBC Bank is putting HR in the pockets of its employees with a mobile app and chatbot integrated with the bank's human resources information system.

05 June 2017

Company update/Human resources

DBS extends internship programme to create new generation of digital bankers

After the resounding success of the inaugural DBS UNI.CORN programme last year, DBS will kick off the second year of this innovative internship programme with 24 interns starting their 12-week internship today.

10 May 2017

Company update/Human resources

NAB welcomes Girl Geek

NAB has partnered with Girl Geek Academy to create a program that will see its CEO and leading technologist Sarah Moran join the technology team at NAB during 2017.

19 April 2017

Company update/Human resources

ING Bank steps up investment in global programme to support and develop staff

ING is launching the latest phase of its next generation professional development programme, the Wellbeing Quotient (WQ), which aims to support its Financial Markets staff in a changing business environment.

06 April 2017

Company update/Human resources

ANZ collaborates with HR start-up Employment Hero

ANZ has today announced its collaboration with cloud-based HR platform Employment Hero, offering ANZ customers free access to the market-leading software.

02 February 2017