Innovation

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/regulation

Lift Lab resumes innovation projects for the Brazillian financial system

The Laboratório de Inovações Financeiras e Tecnológicas (LIFT), a joint initiative of Banco Central do Brasil (BCB) and Federação Nacional de Associações dos Servidores do Banco Central (Fenasbac), announces the resumption of activities following a hiatus in 2023.

/crypto

Cboe Clear Europe participates in Eurosystem CBDC trial

Cboe Clear Europe, the largest pan-European clearing house, has successfully participated in the Eurosystem’s recent exploratory work testing the use of new technologies for the settlement of wholesale transactions in central bank money. The experiments specifically aim to explore the potential of distributed ledger technology (DLT).

/ai

FE fundinfo finds only 15% of financial advisers across asset management currently use AI

New data from FE fundinfo, a leading financial data company connecting the asset management industry to distribution networks in the UK, Europe and Asia Pacific, reveals a significant uptake in technology among financial advisers, with 55% confirming they had increased spending on technology over the past year.

/startups

UK universities collaborate on fintech courses

From the rise of AI to ongoing changes in financial regulation, from equitable access to financial services to the opening of access to personal financial data - the financial services sector currently faces many challenges and opportunities.

/identity

Hazy and Unbanx launch ethical synthetic data cooperative

Leading generative AI firm, Hazy, and Open Banking data ownership platform, Unbanx, announced today the launch of the first ethical data cooperative comprising synthetically generated financial transaction data.

/markets

KPMG forms AI innovation boosting partnership with Databricks

KPMG UK has formed a strategic alliance with Databricks, a leader in data and artificial intelligence. The alliance will help the firm’s clients get the most out of their data and AI and empower them to innovate at a faster pace.

/payments

Visa revamps Singapore innovation centre

Visa, a world leader in payments, today announced the opening of its transformed Singapore Innovation Center, a dedicated space for partners, clients and businesses in Asia Pacific.

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