Innovation

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/Innovation

Shell connects to Chrysler in-car fuel payment system

Shell Oil Company (Shell), the largest fuel network in the United States announced today that Shell-branded stations across the U.S. will now accept payment through Uconnect Market, Fiat Chrysler Automobiles’ (FCA) new in-vehicle commerce platform.

/payments

Manigo and CashFlows release turnkey payment and banking package on Mastercard network

Manigo, the online banking services provider, today unveiled a new programme in partnership with CashFlows and Mastercard, aimed at helping companies to offer next-generation banking and payment products.

/Innovation

Italy's CBI and Nexi to collaborate on Open Banking innovations

CBI, the think tank for innovation for the payments market in the financial industry promoted by the Italian Banking Association, has teamed up with Nexi, the PayTech for banks, to add a new feature to the CBI Globe platform which will enable banks to develop fintech services in response to the growing needs of corporate and retail clients.

/Innovation

GBST launches investment pathways functionality

GBST is adding new investment pathways functionality to its Composer® platform to support client preparations for the introduction of the pathways legislation in August 2020.

/Innovation

Tradeteq joins IBM's quantum computing network

Tradeteq has joined the IBM Q Network – a group of companies, academic institutions, start-ups and national research labs working with IBM to advance quantum computing.

/Innovation

ING opens its new office in Amsterdam

ING today officially opened its new corporate office in Amsterdam.

/startups

Accenture’s FinTech Innovation Lab London includes 50% more female founders for 2020 cohort

In its eighth year, Accenture’s FinTech Innovation Lab London welcomes a cohort of 20 fintechs, with a 50% increase in the number of female founders from the previous year.

/Innovation

Qatar Central Bank reveals fintech strategy

The Governor of Qatar Central Bank (QCB), Sheikh Abdulla Bin Saud Al-Thani, said that the Central Bank in its capacity as the regulatory and supervisory authority for the financial sector, is fully aware of the importance of financial technology in the development of the banking and financial sector in the country.

/regulation

Fintech, payments and stablecoins in FSB crosshairs for 2020

The Financial Stability Board (FSB) today published its work programme for 2020. The FSB’s work priorities for 2020 reflect the evolving nature of the global financial system and associated risks to financial stability.

/sustainable

Bank of the West teams with Doconomy on carbon tracker

Bank of the West BNP Paribas, today announced it is the first U.S. bank to team up with Doconomy to enable its customers to track and measure the CO2 impact of their purchases.

/startups

Intesa Sanpaolo opens accelerator for Italian startups in Israel

This January, the first accelerator programme for Italian startups in Israel will be launched by the Italian Embassy in Israel and Intesa Sanpaolo Innovation Center, the Intesa Sanpaolo Group company led by Maurizio Montagnese.

/Innovation

University of Manchester receives £2.5 million fintech boost

The University of Manchester has received a £2.5million donation to boost the region’s capacity and capability in Financial Technology (FinTech).

/payments

Integration largest hurdle to innovation adoption in payments - survey

Artificial intelligence (AI) continues to disrupt many industries, and the business payments and banking industries are no exception.

/Innovation

Temenos and Adopt iT to provide graduate employment opportunities

Temenos (SIX: TEMN), the banking software company, today announced it has extended its CSR initiative, Adopt iT, to deliver a scholarship program for students at Anna University in Chennai, India. Temenos will award need- and merit-based scholarships to qualifying 2nd, 3rd and 4th year students for the next three years and provide employment opportunities to outstanding scheme graduates.

/Innovation

Financial firms could generate $140 billion from workforce modernisation - Accenture

Financial services companies in North America could unlock up to US$140 billion in productivity gains and cost savings by 2025 if they employ new technologies that help improve the efficiency and effectiveness of their workforces, according to a recent study by Accenture.

/Innovation

North West law firm Brabners sets up fintech practice

Growth continues with increasing pace for Brabners with the appointment of two new partners, Stephen Hadlow and Piers Dryden, to its corporate team based in the firm’s Manchester office.

/Innovation

Luxembourg House of Technology and Jack Welch College to launch fintech summer school

The Luxembourg House of Financial Technology (LHoFT) and the Jack Welch College of Business & Technology (JWCoBT) at Sacred Heart University Luxembourg have signed a memorandum of understanding (MoU) on the 10th of December formalising their cooperation on developing and launching a Fintech Summer School programme in 2020.

/regulation

OCC lists cyber threats and emerging technologies in risk outlook

The Office of the Comptroller of the Currency (OCC) today reported operational, credit, and interest rate risks are among the key themes for the federal banking system in its Semiannual Risk Perspective for Fall 2019.

/Innovation

Super Processor signs for TAS USA card payments platform

TAS USA Inc., part of TAS Group, a global provider of digital payments software, today announced that it has signed a deal with Super Processor Inc., a full-service payment processor based in Hawaii, to provide its end-to-end card payments platform, CARD 3.0 I.E., and deliver innovative issuing and acquiring functionalities to cover the entire payments value chain.

/Innovation

Swiss fintech incubator F10 to open office in Singapore

F10 – THE HOME OF FINTECH adds another city to its business location and expands to Singapore to build a second home.

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