Innovation

6830 articles tagged with this keyword

/startups

Emirates NBD launches digital skills incubator

Dubai-based bank Emirates NBD has released details of the fifth edition of its National Digital Talent Incubator programme.

/ai

SBS talks changing face of banking, warns regulation and financial inclusion not optional

Day two of the SBS Summit 2025 continued to prioritise customer experience, but this time with a specific focus on data usage and inclusive efforts to serve the unbanked.

/payments

From Nostro to Now: Reinventing B2B Payments with Real-Time Orchestration

At Sibos 2025 in Frankfurt, Pratik Khowala, Global Head of Transfer Solutions, Mastercard, outlined how banks can better serve micro, small, and medium enterprises (MSMEs) in an increasingly globalised payments landscape. He emphasised the need for low-value, low-touch, intuitive platforms, offering multicurrency virtual accounts, competitive FX rates, and embedded digital experiences via simple APIs. Khowala also addressed modernisation in high-value B2B flows, highlighting how orchestration layers atop correspondent banking networks can help reduce errors, liquidity costs, and enable 24/7 real-time transactions. He stressed that trust, collaboration, and innovation, through partnerships and technologies like AI and stablecoins, are foundational to unlocking the full potential of cross-border B2B payments.

/startups

UK venture funding reaches multi-year high

Startups and scaleups based in the UK secured more than $9bn in venture capital funding in Q3, making it the second-highest quarterly funding total on record.

/cloud

How Embedded Finance and Cloud Strategy Are Reshaping the Future of Payments

At Sibos 2025 in Frankfurt, Phil Bruno, Chief Strategy and Growth Officer at ACI Worldwide, discussed how strategic focus drives measurable outcomes across regions. He emphasised helping banks shift from maintaining legacy systems to investing in innovation, reducing complexity in payments, and accelerating time to market. Bruno also announced a new partnership with Solaris to unify instant payments, enabling customer-centric growth through modern, flexible infrastructure.

/people

Tide builds tech centre in Lithuania

Tide, the UK’s leading business management platform, is expanding its technology centre in Lithuania, reinforcing its commitment to international expansion and scaling its engineering capabilities.

/cloud

Exclusive: RLAM doubles down on data clarity with Aiviq’s TermsCloud

In an industry where legacy systems often linger far beyond their shelf life, Royal London Asset Management (RLAM) is charting a different course, one that prioritises precision, agility, and strategic clarity.

/payments

Why Banks Need to Automate Modernisation — Not Just Payments

At Sibos 2025 in Frankfurt, Oliver St Clair-Stannard, VP, Payments AI Strategy & GTM, RedCompass Labs, explains how banks can shift from human-built to Built-By-AI (BBAI), safely automating the complex change processes behind payments systems. He makes the case for expert trained Applied AI over generic co-pilots, and shows how measuring BBAI helps institutions modernise faster, with greater accuracy, control and auditability.

/cloud

How Cloud Transformation is Key, But Culture Over Technology Reigns Supreme

Stepping away from a busy Sibos 2025 in Frankfurt and into the FinextraTV Studio, Magnus Haglind, Senior Vice President, Head of Capital Markets Technology, speaks about the ability for cloud technology to pull together siloed data sources, build resiliency and enable innovation. However, beyond the technology, Haglind emphasises the need for business and culture transformation over just the transformation of technologies.

/payments

Bank Dhofar signs digital banking pact with Social Protection Fund

BankDhofar has signed a cooperation agreement with the Social Protection Fund to advance financial technology solutions, underscoring the bank’s commitment to driving innovation in Oman’s banking sector and supporting the ambitions of Oman Vision 2040.

/Sibos

Sibos 2025: Banks urged to be modern, not modernised

In Frankfurt, Finextra’s own managing director Gary Wright led a conversation on how modernisation and innovation is reshaping the industry.

/identity

BritCard backlash: Fintech leaders warn against government monopoly on digital identity

Last week, UK Prime Minister Sir Keir Starmer announced a new digital identity scheme that would be mandatory in order to work in the UK. Dubbed BritCard, the new digital ID is intended to “combat illegal working while making it easier for the vast majority of people to use vital government services.” By ending the need for manual identity checks with paper-based records, the UK Government claims this will simplify applications for driving licenses, childcare and welfare, and streamline access to tax records.

/ai

AI Adoption is Rising, But is Everyone Succeeding?

Following the continual rise in AI Adoption, FinextraTV spoke to Ioan Iacob, Founder and CEO, FlowX.AI to discuss the ways people have been following this adoption and answer the crucial question: are we seeing the successes to match the popularity? Mentioning the challenges of embedding AI into existing systems, describing the true benefits of Agentic AI in particular and even quoting Pink Floyd's "you can't have your pudding, if you dont eat your meat", Iacob looks towards the future of adoption and usage.

/Sibos

AWS and Murex Partner to Transform Capital Markets through Cloud Innovation

Joining the FinextraTV studio at Sibos 2025 in Frankfurt to discuss their collaboration agreement, Dr. Charlie Sanderson, Director, EMEA, Technology Partnerships, AWS, and Maroun Eddé, Murex’s president, explained the power of cloud innovation as they look to transform capital markets.

/Sibos

Sibos 2025: Why Europe needs the integration of capital markets

In the only Europe-centric session at Sibos in Frankfurt, Swift’s Marianne Demarchi led a conversation titled: “View from the Top: Securing Europe’s financial future - Resilience, autonomy, and global impact.”

/Sibos

Sibos 2025: How to build the bank of tomorrow

Following the popular session on building tomorrow’s bank at Sibos 2024, McKinsey’s Megha Kansal moderated a follow-up session on the year’s developments in Frankfurt.

/ai

AI Innovation: Balancing Trust, Agility and Speed in Banking.

In this FinextraTV interview, Ian Watterson, SVP Go-To-Market at CSG, shares how banks can bring AI innovation into everyday operations without losing customer trust. He explores the paradox of moving fast while staying agile—and why getting it right is critical for both corporate and retail banking.

/sustainable

Sustainable.Finance Live 2025: Hackathon applications are open

Applications to participate in the Sustainable.Finance Live 2025 Hackathon are officially open.