Innovation

News/cloud

Amazon Web Services and Microsoft cloud duopoly to be investigated by Ofcom

Historically, it could be argued that financial institutions were beholden to pick between AWS, Google Cloud and Microsoft Azure for all workloads due to availability, but with other smaller cloud providers offering private cloud fabrics, financial organisations are considering hybrid or multicloud options. However, Ofcom has an alternative view.

06 October 2023

News/security

Singapore's retail banks take steps to enhance cybersecurity

The Association of Banks in Singapore (ABS) announced that major retail banks in Singapore have enhanced their security measures in a bid to combat an increasingly complex cyber-threat environment.

18 September 2023

News/startups

African startups raise $2.7bn in VC funding

Startups in Africa's fintech market have secured more than $2.7bn in venture capital (VC) funding in the last two years, according to a recently released report.

30 August 2023

News/startups

Irish fintech funding slows down

Funding levels in Ireland's fintech sector have fallen again in the last 12 months due to economic and geopolitical challenges.

21 August 2023

News/regulation

Innovate Finance calls for innovation in response to HM Treasury

Innovate Finance has submitted a response to HM Treasury’s Call for Proposals on how to measure success in relation to the financial regulators’ new secondary objectives, emphasising that supporting innovation in FinTechs is key to ensuring competitiveness.

18 August 2023

News/payments

Indonesia and Singapore set to introduce QR code payments

The central banks of Singapore and Indonesia are planning to introduce the use of QR codes for cross-border payments between the two countries.

17 August 2023

News/payments

CaixaBank launches cross-border payment ‘wallets’

CaixaBank will become the first Spanish bank to offer a virtual account service for currencies to all companies through the bank’s currency markets platform, FXNow.

03 July 2023

News/crime

BBVA builds global financial crime prevention unit

BBVA has announced the launch of a unit to further strengthen the bank’s financial crime prevention structure.

03 July 2023

News/payments

EBAday: Collaboration and the future of fraud prevention in PaaS

The second day of EBAday 2023 started off with the hot topic of Payments as a Service (PaaS), and specifically some of the preventative measures which need to be undertaken to secure PaaS against cyber-attacks and fraud.

23 June 2023

News/people

EBAday: Banking leadership needs just as much innovation as banking technology

For this year’s EBAday Challenge Speech, Claudia Olsson, CEO and founder, Stellar Capacity and Young Global Leader of the World Economic Forum, provided new perspectives in understanding technology’s impact on society, people and leadership.

20 June 2023

News/startups

FinTech Scotland doubles-down on data to invigorate fintech

Nicola Anderson, CEO of Fintech Scotland, discussed the developments at the organisation and future developments in the Scottish fintech sector.

12 May 2023

News/payments

EBAday 2023: Speak at the new FinTalks stage!

EBAday, the annual event for payments and transaction banking executives, will return on 20th – 21st of June 2023 at IFEMA in Madrid, Spain.

02 May 2023

News/payments

NextGen Nordics: Beyond P27, there is still hope for Nordic harmonisation

NextGen Nordics 2023 kicked off with a panel on the challenges and opportunities in the road for harmonisation across transaction banking services.

25 April 2023

News/devops

Jeremy Hunt dismisses AI warnings and insists UK leads the AI race

Chancellor Jeremy Hunt waved away concerns on rapid AI development at a Politico event in London on Wednesday, and insisted that the UK needs to step up in the global AI race.

21 April 2023

News/regulation

IFGS 2023: FCA and NayaOne partner on permanent digital sandbox

Jessica Rusu, chief data, information and intelligence officer, FCA took to the stage at Innovate Finance Global Summit, held at the Guildhall in London, to discuss the role of regulation in protecting both the public and the industry's infrastructure.

17 April 2023

News/devops

Amazon intensifies AI race with new suite of tools

Amazon Web Services (AWS) has released a series of products aimed at helping other companies develop their own chatbots and image-generation services, backed by artificial intelligence (AI). The move comes as part of a wider AI race following the popularity of ChatGPT, and Google’s move into generative AI Bard.

14 April 2023

Research/Innovation

The Future of Fintech in the UK 2023

13 April 2023 686 downloads

News/regulation

BIS Innovation Hub opens in Paris and Frankfurt

The Bank for International Settlements has opened its European Hub, located in both Paris and Frankfurt, with a focus on decentralised finance, wholesale CBDC, cyber security and green finance.

29 March 2023

News/cloud

Cloud scaling and the challenges seen by IBM

On the 8th of February 2023, the US Department of the Treasury launched a report addressing regulatory guidance on the use of cloud in the private sector. Speaking on digital transformation in relation to concerns raised in the report, Prakash Pattni, managing director for financial services digital transformation at IBM, observes how financial institutions are adapting to the guidelines put forward by the US Treasury.

10 March 2023