Innovation

3409 articles tagged with this keyword

/retail

Singapore establishes Asian Institute of Digital Finance

The Monetary Authority of Singapore is to set up a specialist research institute to groom the next generation of fintech leaders.

/sustainable

Coordinating ESG solution ideation for investment and asset management

In June 2020, Finextra Research welcomed industry experts to Sustainable Finance Live, the first virtual interactive workshop to discuss how financial services firms and technology companies can achieve the UN’s Sustainable Development Goals (SDGs) by 2030.

/startups

Mission-driven US investors doubling down on financial health value propositions

Supporting financially stressed customers has become problematic as more and more people experience uncertain income reduction, triggered by the coronavirus pandemic. Emmalyn Shaw, managing partner at Flourish Ventures, a $500 million mission-driven and fintech-focused venture capital firm, highlights to Finextra Research that despite prolonged economic prosperity in the lead up to 2020, the majority of Americans were living month to month and only 29% of US consumers were financially healthy.

/cloud

RBC moves AI unit to new private cloud platform

Royal Bank of Canada has moved applications under development at its artificial intelligence research unit Borealis AI to a high-performance private cloud infrastructure with support from Red Hat and Nvidia.

/retail

Russia's VTB Bank launches 'robot factory'

Russia's VTB Bank has launched a 'robot factory', with plans to roll 250 digital employees off the production line by the end of 2022.

/wholesale

Deutsche Bank introduces Blue Bot 'Yi' to corporate customers in China

Deutsche Bank's corporate bank in China has unveiled its new customer-facing digital employee, Blu Bot Yi, charged with handling client's financial reports.

/wholesale

BBVA prepares for quantum leap

BBVA is stepping up its interests in quantum computing, presenting the results of six proof of concept trials across financial business use cases.

/covid-19

FCA and City Corporation to create digital sandbox for post-pandemic recovery

The Financial Conduct Authority (FCA) and the City of London Corporation are collaborating on the pilot of a ‘digital sandbox’ to support innovative firms tackling challenges caused by the Covid-19 pandemic.

/people

Santander to recruit 300 IT specialists for new innovation centre in Brazil

Banco Santander is to hire 300 IT professionals to work on digital applications at a new innovation hub in Brazil.

/markets

Standard Chartered to investigate commercial use cases for quantum technology with USRA

Standard Chartered has signed a collaborative research agreement with the Universities Space Research Association (USRA) to co-operate on the development of quantum computing applications.

/startups

TSB launches bill management pilot

TSB Bank is launching a pilot for a bill management and utility switching service in partnership with white-label fintech provider ApTap.

/startups

Defining fintech to better understand the changing ecosystem under Covid-19

When discussing the amorphous nature of fintech, Tania Ziegler, the CCAF’s Global Benchmarking lead was struck by how ‘fintech’ is increasingly used as an all-encompassing term, describing a diverse range of organisations that all have financial technology at the centre of their operations and agenda.

/regulation

BIS Innovation Hub to expand global reach

The Bank for International Settlements (BIS) is to expand its Innovation Hub to new locations in Toronto, London, Frankfurt & Paris and Stockholm.

/cloud

How the cloud transforms customer experience in financial services

The bar to meet customer expectations across industries has continued to rise. Digital innovation is changing how companies engage their customers in every interaction, particularly how they deliver information as well as products and services.

/wholesale

Fintech Scotland wins £22.5 million to establish Open Finance Centre

Scotland's growing fintech cluster has been given a significant boost with the award of £22.5 million in innovation funding to establish a Global Open Finance Centre of Excellence (GOFCoE) in Edinburgh.

/payments

KBC to roll out wearable payments to all customers

Belgium's KBC is rolling out wearable payments tech to all clients following successful tests with 1000 customers.

/startups

MAS to host $1.25 million Covid-19 and green finance challenge

The Monetary Authority of Singapore has launched a $1.75 million global fintech challenge in search of solutions that can help financial institutions grapple with the existential threats posed by Covid-19 and climate change.

/retail

Neobanks’ Covid-19 recovery will provide the blueprint for future scalability in fintech

The fintech industry continues to flourish across Europe, the Middle East and Africa despite economic setbacks such as those that have emerged following the outbreak of Covid-19.

/crypto

Swiss crypto firm launches university courses

Swiss crypto bank Seba has sought to address the potential skills gap in emerging technology by launching a blockchain-themed university education course.

/sustainable

Sustainable Finance Live: How investment opportunities can transform the greenhouse gas landscape

Finextra Research and ResponsibleRisk today hosted Sustainable Finance Live, the first virtual workshop in series of events designed to create actionable ESGtech strategies and build an ecosystem of partnerships that will turn strategy into reality.