Latest Innovation News: Finextra Research

BofA rolls out video teller ATMs

As it accelerates its branch closure programme, Bank of America is preparing to introduce ATMs that let customers talk to tellers through real-time video technology.

04 April 2013

News/Innovation

Bitcoin resumes upward curve following market disruptions

Bitcoin values have resumed their upward momentum after a DDoS attack on Japanese exchange Mt. Gox and depository hack at Instawallet briefly stalled the digital currency's climb on Wednesday.

04 April 2013

News/Innovation

Bank of the West app lets users check balances without login

Bank of the West has revamped its mobile app to let customers check their balances with just the slide of a finger, without logging into their accounts.

03 April 2013

News/Innovation

SEC greenlights use of social media for company news

Publicly-listed US companies can share market-moving information on Facebook and Twitter, the Securities and Exchange Commission (SEC) has ruled.

03 April 2013

News/Innovation

EBAday to set the agenda for the European payments industry

Europe's leading futurist, Dr Patrick Dixon, is to give the keynote presentation at EBAday 2013, the pre-eminent annual event for the European payments industry, which will run for two full days from 21-22 May at the Estrel Convention Center, Berlin.

28 March 2013

Finextra TV/Innovation

The future for Microsoft's Digital Wallet Foundry

Richard Peers of Microsoft examines the initial goals and the lessons learned in hosting a digital wallet hack-a-thon in London.

28 March 2013

Finextra TV/Innovation

Silicon Valley comes to the the Big Smoke

Rodney Bowen-Wright, director of business development, strategic and emerging business teams, at Microsoft talks about bringing Silicon Valley development techniques to London's financial community.

27 March 2013

News/Innovation

UK govt preps full, utility-style, payments regulator

The UK government is preparing to bring in a utility-style regulator for retail payment systems, putting an end to the current practice of industry self-policing.

26 March 2013

News/Innovation

RBS launches in-app 'Mobile Chat' for customer service on the go

NatWest and RBS have added a mobile text-based chat facility to their business banking apps, giving customers access to customer service agents while on the move.

26 March 2013

Finextra TV/Innovation

The promise of digital payments

Payments entrepreneur Julian Wilson discusses the Digital Wallet Foundry and why, finally, the promise of payments innovation may be full-filled.

26 March 2013

Finextra TV/Innovation

The race to develop a mobile POS app

David Hearn, software architect from financial services consultancy Consult Hyperion, describes how he built a smartphone enabled mobile POS for chip and PIN and mag stripe cards for the Microsoft Windows 8-based, Windows Phone at the Microsoft Digital Wallet Foundry hack-a-thon.

25 March 2013

Finextra TV/Innovation

Barclays takes the crown at Digital Wallet Foundry

A seven man team from Barclays Bank, using tools from FreedomPay and their own Pingit mobile payments app, emerged with top honours at Microsoft's week long Digital Wallet Foundry hack-a-thon in London. Paul Wilshaw, creative lead at Barclays describes the hack-a-thon experience here.

25 March 2013

News/Innovation

Barclays takes the crown at Digital Wallet Foundry

A seven man team from Barclays Bank, using tools from FreedomPay and their own Pingit mobile payments app, emerged with top honours at Microsoft's week long Digital Wallet Foundry hack-a-thon in London.

22 March 2013

News/Innovation

Man bids to sell house for bitcoins

A Canadian man who is selling his bungalow is offering potential buyers a discount if they pay in bitcoins.

21 March 2013

News/Innovation

From Facebook to voice recognition and biometrics, ING Direct plans mobile future

ING Direct Canada is exploring the use of Facebook, spoken commands and voice biometrics for its next generation of mobile banking initiatives.

21 March 2013

News/Innovation

Chirpify lets users pay with Facebook comments

Chirpify has brought its in-stream commerce system to Facebook, enabling users to transfer money to each other by commenting on news feeds.

20 March 2013

News/Innovation

BNP Paribas Fortis and Belgacom prep Belgian mobile wallet

BNP Paribas Fortis and Belgacom have outlined plans for a mobile wallet they say will bring in-app commerce to Belgium's merchants and consumers.

20 March 2013

News/Innovation

EBay shares slide as MasterCard threatens PayPal with new fees

Shares in eBay fell to a 2013 low yesterday amidst concerns that the online auction house's PayPal unit could be hit by MasterCard's plan to introduce a new 'digital wallet' fee.

19 March 2013

News/Innovation

Boris Johnson opens Canary Wharf fintech 'accelerator space'

Mayor of London Boris Johnson has officially opened Canary Wharf-based Level39, Europe's largest "accelerator space" for financial technology.

19 March 2013

News/Innovation

US govt clarifies virtual currency regulatory position

The US government has moved to clarify its regulatory stance on virtual currencies such as bitcoin, confirming that while users are not classified as money services businesses (MSBs) subject to its rules, exchanges and administrators are.

19 March 2013