Innovation

3409 articles tagged with this keyword

All articles with this keyword
Apply Cancel
CFPB partners state regulators on innovation network

/Innovation

CFPB partners state regulators on innovation network

America's Consumer Financial Protection Bureau (CFPB) is teaming up with several state regulators to launch a network that helps them coordinate better on financial innovation.

Australia sets up Senate Inquiry into fintech competitiveness

/Innovation

Australia sets up Senate Inquiry into fintech competitiveness

Australia is to set up a Senate Select Committee Inquiry into the competitive and regulatory barriers hampering the development and growth of the country's fintech sector.

Deutsche Bank dives into 'Blue Water Fintech Space'

/Innovation

Deutsche Bank dives into 'Blue Water Fintech Space'

Deutsche Bank is looking to tap into China's burgeoning startup and innovation ecosystem with the opening of its first innovation hub, 'Blue Water Fintech Space', in Shanghai.

Ambitious P27 project grows team for next phase

/Innovation

Ambitious P27 project grows team for next phase

Nordic bank-backed P27 is undertaking a recruitment drive as it puts together the building blocks for a proposed 2021 go-live of its real-time, cross-border payment project.

CaixaBank tests quantum computing for risk analysis

/Innovation

CaixaBank tests quantum computing for risk analysis

Spain's CaixaBank has begun experimenting with quantum computing to help with risk analysis simulations on financial assets.

AI and enhancing the human element in financial services

/ai

AI and enhancing the human element in financial services

At SIBOS 2019, industry experts will be discussing how the financial services sector is in the vanguard of deploying AI on a global scale and whether the technology will be a transformative force or has the potential to act as an existential threat.

Chinese official voices digital coin plans

/Innovation

Chinese official voices digital coin plans

More details have emerged around China's plans to issue its own digital coin following a lecture given by a senior official at the central bank.

Goldman Sachs tech head to step down

/Innovation

Goldman Sachs tech head to step down

The most senior technology executive at Wall Street firm Goldman Sachs is reported to be stepping down amid a clear out of senior partners, raising questions about the direction of Goldman's technology strategy

Swift publishes new API standard

/Innovation

Swift publishes new API standard

Banking cooperative Swift has published a new API standard for the pre-authorisation of funds in its latest bid to bring more efficiency to open banking in Europe.

Accion raises funds to invest in seed stage financial inclusion fintech startups

/inclusion

Accion raises funds to invest in seed stage financial inclusion fintech startups

Non-profit group Accion International is boosting its investment initiative for seed stage fintech startups working on financial inclusion, raising $23 million from investors and adding another $10 million from its own pocket.

Filtering the ethics of AI

/ai

Filtering the ethics of AI

As decision-making factors using AI become more accepted, pure economics might not align with the softer strategies of a bank. Many financial institutions are questioning how artificial intelligence must be governed within an organisation and how it can be taught to align with a bank’s brand and ethos, but without influence from human judgement.

Insurtech funding surpassed $3bn in 2018

/Innovation

Insurtech funding surpassed $3bn in 2018

Investment in the global insurtech market grew by 84% in 2018, topping the $3bn mark.

What are the benefits of being born in the cloud?

/cloud

What are the benefits of being born in the cloud?

An increasing number of challenger banks, neobanks and digital offshoots are being born in the cloud and the technology is now being used by traditional banks and new players alike for all IT needs. Banks that are born in the cloud are at an advantage because legacy players that are in the process of migrating to the cloud are struggling with application modernisation, data centralisation and security.

Starling opens new UK office

/Innovation

Starling opens new UK office

Online bank Starling is today cutting the ribbon on its new office in UK town Southampton as it looks to bolster its operational resources.

Revolut to open ops centre in Portugal

/Innovation

Revolut to open ops centre in Portugal

Challenger Revolut is planning to open a customer service centre in Portugal that will employ 400 people.

Hedge fund manager plans $1bn crypto fund

/Innovation

Hedge fund manager plans $1bn crypto fund

A business owned by Alan Howard, the billionaire founder of hedge fund Brevan Howard, is reportedly planning to launch a new $1bn venture focused on cryptocurrency hedge funds.

Singapore to accept first digital bank applications

/Innovation

Singapore to accept first digital bank applications

Two months after announcing plans to issue digital banking licences, the Monetary Authority of Singapore (MAS) is set to accept the first applications.

Aussie regulator turns to tech in new strategy

/Innovation

Aussie regulator turns to tech in new strategy

Australia's capital markets regulator has vowed to expand its use of new technology and behavioural data as part of a strategic plan to strengthen its enforcement.

Migrating market data to the cloud

/cloud

Migrating market data to the cloud

Market data is the lifeblood of financial institutions (FIs) with banks, brokers, wealth managers, asset managers and hedge funds relying on quality pricing and trade-related data to power their business applications. But today customers expect to access to data on their personal devices and FIs are stepping up their digital transformation game.

Carney: Digital currencies could counter the destabilising influence of the US dollar

/Innovation

Carney: Digital currencies could counter the destabilising influence of the US dollar

Bank of England governor Mark Carney has posited the creation of a network of central bank digital currencies as a means of overcoming the destabilising dominance of the US Dollar on international trade.

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept