Innovation

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/Innovation

Clinc launches voice-activated 'financial genie'

Clinc, the cutting-edge artificial intelligence startup that built the world’s first open-source platform for building A.I. and deep learning-based Intelligent Personal Assistants, today announced the launch of “Finie,” the financial genie.

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American Express joins $19 million Signifyd funding round

Signifyd, the fastest-growing provider of fraud protection for e-commerce businesses, today announced it has secured $19 million in capital from Menlo Ventures, TriplePoint Capital and American Express Ventures.

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Personetics releases savings guidance bot

Personetics, the leading provider of personalized digital guidance solutions for the financial industry, announced the launch of an industry-first, AI-powered bot that can be used by financial institutions to provide customers with analytics-driven savings advice through a variety of digital channels.

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Blockchain and fraud dection startups win through to BBVA Open Talent finals

Startups looking to disrupt the world of identity authentication and fraud prevention took home the top spots in New York during the first of three regional finals for the BBVA Open Talent 2016 competition.

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Italian digital bank Widiba expand use of virtual assistant tech from Artificial Solutions

Artificial Solutions, the natural language interaction (NLI) specialist that enables users to have a meaningful, humanlike interaction with technology, today announced that Italian online bank, Widiba, has expanded and upgraded its use of the Teneo platform to enable new intelligent features in its digital employee and benefit from faster development timescales.

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CME Group opens innovation centre

CME Group, the world's leading and most diverse derivatives marketplace, announced it will open a new facility dedicated to technology research and innovation at the Research Park on the University of Illinois at Urbana-Champaign campus.

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Autonomous Research appoints global head of fintech strategy

Autonomous Research, a leading research firm focused on the financial services sector, announced today that Alexey (Lex) Sokolin has joined the group as Partner and Global Head of Fintech Strategy.

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Mambu to double staff numbers to aid growth plans

Mambu, the SaaS banking platform provider, today announced the company is on target to achieve significant growth in 2016.

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Accenture invites applications for fifth annual fintech innovation lab London

Applications are now being accepted for Accenture’s (NYSE:ACN) fifth annual FinTech Innovation Lab London, a 12-week program that helps early- and growth-stage fintech companies accelerate product and business development by providing mentorship and exposure to decision-makers at top financial institutions.

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RailsBank, led by Nigel Verdon, joins Startupbootcamp Fintech London

Startupbootcamp FinTech, the leading accelerator focused on financial innovation announced today that RailsBank, a startup founded by Nigel Verdon and Clive Mitchell, will be joining their 2016 London Cohort as Startup in Residence.

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SOSafe builds interface for reporting lost and stolen cards

SOSafe is delighted to announce its first pioneering service - Pocket Reset - offering consumers around the world peace of mind when their payment cards go missing.

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Atom Bank begins tech recruitment drive

A recruitment drive to find key technical people for the UK’s first bank built exclusively for mobile is underway here in the region.

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Sound payments: China Unionpay to issue 'Audio Bank Cards'

On August 22, 2016, Qilong and Shenzhen Qianhai Exce-card Technology ("SQEC") entered into a strategic agreement, pursuant to which both parties will coordinate with banks to issue China Union Pay audio bank cards (the "Audio Bank Cards"), which can make sounds when the buttons on the Audio Bank Cards are pressed.

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Gresham opens innovation labs

Gresham, the leading software and services company that specialises in providing real-time transaction control and enterprise data integrity software announces the launch of its Innovation Labs in Bristol.

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BinckBank chooses Safened as strategic partner to break open the savings market

BinckBank N.V. and Safened Limited join forces in the field of international savings. BinckBank will provide retail savers with access to savings deposits of financial institutions in Western Europe and Safened facilitates this digital platform.

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Samsung ticks off payments in new smart watch range

Samsung Electronics Co. Ltd. today unveiled the Gear S3, a striking and innovative smartwatch that further solidifies Samsung’s leadership in the wearables category.

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Worldpay to run Internet of Things payments hackathon

Worldpay has teamed up with Consult Hyperion, MongoDB and Visa Europe Collab to host its first Internet of Things (IoT) hackathon in London next month.

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Incumbents to up tech spending to see off challengers

New research from leading specialist recruitment consultancy Robert Half Financial Services reveals over half (54%) of traditional financial services firms, such as banks and investment houses, are increasing their spend on disruptive and innovative technologies in the next 12 months to meet the challenge of new market entrants.

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Abu Dhabi regulator goes to public consultation for proposed fintech RegLab

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) today issued a public consultation paper inviting public feedback and comments for its proposed legislative framework to implement and govern the FRSA Regulatory Laboratory (“FSRA RegLab”).

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DBS moves app development to the cloud

DBS Bank today announced it is stepping up its digital transformation journey and accelerating innovation for customers through a collaboration with Pivotal, the company accelerating digital transformation for enterprises.