Innovation

3407 articles tagged with this keyword

/payments

Amazon opens Fintech Lab in Dubai

Amazon is opening a Fintech Lab at Dubai's DIFC Innovation Hub, working with startups and partners to provide a forum for new directions in digital payments.

/payments

EBAday 2021: The next chapter for Open Banking in Europe

With the payments industry in a state of post-pandemic flux, it is difficult to predict what the next iteration of Open Banking will take across Europe.

/inclusion

UN International Day of Family Remittances: 2020 beats forecasts

Launched in 2015 to build awareness of the contribution that migrant workers make to economies of their home countries, the UN’s International Day of Remittances (IDFR) this year welcomes a more positive picture than had been predicted by the World Bank.

/regulation

Governor Bailey encouraged by progress around ‘critical innovation’ of CBDC

At the launch of the Bank for International Settlements’ (BIS) fourth Innovation Hub in London, Governor Andrew Bailey expressed positivity around the work currently being carried out by the Bank of England on central bank digital currencies.

/regulation

BIS opens fourth Innovation Hub in London

The Bank for International Settlements has opened its fourth innovation hub in London.

/payments

EBAday 2021: new speakers announced

Finextra and the Euro Banking Association are thrilled to announce a fresh slew of speakers, guaranteed to draw out the detail and depth of European payments during EBAday 2021.

/startups

Walletmor rolls out payment implants

British-Polish startup Walletmor has lunched the ultimate contactless wearable, a biopolymer payment device that can be implanted just under the surface of the skin.

/identity

EU announces European Digital Identity and Wallet framework

The European Commission today proposed a framework for a European Digital Identity to be available to all EU citizens, residents and businesses in the EU as early as September 2022.

/payments

Digiseq enables users to pair their chip cards to a wearable with a phone tap

Digiseq is announcing a wearables breakthrough through a mobile app that can turn any supported object embedded with an NFC chip into a contactless payment device.

/payments

EBAday 2021 speaker line-up released

A blockbuster speaker line-up has been announced for Finextra and the Euro Banking Association’s upcoming EBAday event for 2021.

/startups

CaixaBank taps into European Innovation Council network of startups

Spain's CaixaBank has signed on to the European Innovation Council (EIC) Corporate Partnership programme, working with a handful of startups on joint projects.

/identity

EBAday 2021: How a digital ID may shape the future of European payments

During October 2020, the European Council called for the development of an EU-wide framework for secure public electronic identification (e-ID), including interoperable digital signatures, to provide people greater control over their online identity and data, and to access public, private and cross-border digital services.

/sustainable

Open data will catalyse the UK’s progress to net-zero

Data sharing is key to designing financial instruments and creating demonstrable Net Zero results, noted Gavin Starks, CEO of Icebreaker One, in a FinextraTV interview.

/wealth

Ikigai initiates Crowdcube campaign to raise £1.2m

Ikigai, the wealth management and banking app for affluent millennials, has set up a UK public crowdfunding campaign via CrowdCube to accelerate business, their product roadmap and the tech team.

/cloud

Funding Options unveils cloud-based lending platform for SMEs

Funding Options, the data driven marketplace for SMEs, has launched Funding Cloud, an integrated real-time cloud-based platform to navigate the complexity of the fragmented lending market.

/payments

‘Massive’ potential for embedded finance in Europe - Solarisbank

Research by Solarisbank and the Handelsblatt Research Institute has found considerable conversion potential for e-commerce providers to offer financial services in Germany, confirming the significant opportunity embedded finance may hold across Europe.

/sustainable

How to reimagine risk modelling in sustainable finance

From 8-9 December 2020, Finextra and ResponsibleRisk brought together experts in the sustainable finance space to discuss how stakeholders can re-imagine the role of risk modelling.

/payments

EBAday 2021: Why privacy is key to progressing a digital euro

The European Central Bank (ECB) president Christine Lagarde first told reporters in March 2021 that the delivery of a digital euro would be decided upon within months, and suggested that four years would be a realistic timeframe for the development and issuance of a digital euro. However, the decision to pursue it has yet to be made by the ECB Governing Council, which will base its decision on its own preliminary work, and recently released responses to its public consultation.

/startups

Israeli fintech Pagaya plans to enter Wall Street at $8 billion

Having registered revenues reflecting $300 million annually for the first three months of 2021, Israel-based startup Pagaya is allegedly planning to enter Wall Street at $8 billion, as well as execute a traditional IPO.

/regulation

How regulators have catalysed collaborations and technological innovations

Co-founder and head of client delivery of RegTech Associates, Dr Sian Lewin has urged the financial community to stop thinking of regulators simply as “powerful organisations, here to control our behaviour, and stop us from doing certain things in the name of public interest.”