Innovation

3419 articles tagged with this keyword

/Innovation

Mondo stumbles on move into public beta

Fresh from a £6 million funding round, mobile-only banking startup Mondo is moving into a public beta, inviting anyone with an Apple phone to download its app from the App Store...assuming they can get past some early teething problems in the authentication process.

/Innovation

Innovate Finance and OnDeck set up Transatlantic fintech policy group

The UK's Innovate Finance and US marketplace lender OnDeck have launched a Transatlantic Policy Working Group (TPWG) to share and exchange information on regulatory and policy issues impinging on the emerging fintech scene.

/Innovation

Hitachi establishes fintech innovation lab in Silicon Valley

Hitachi has established a fintech research lab in Silicon Valley, where it will conduct R&D on new innovations in blockchain technology and financial services more generally.

/Innovation

Barclays opens Rise fintech hub in Mumbai

Barclays is expanding its Rise network physical fintech hubs to the Indian city of Mumbai, providing facilities for local entrepreneurs seeking to shape the future of financial services.

/Innovation

Overstock preps blockchain public offering

In what it claims is a world first, online retailer Overstock is set to issue public shares using its proprietary blockchain technology.

/Innovation

Payment-enabled golf gloves and virtual reality shopping specs hit the PGA Tour

Virtual reality shopping glasses and payment-enabled golf gloves will tee off alongside the professionals at the Arnold Palmer Invitational in Florida later this month, as MasterCard brings the future of payments to the PGA Tour.

/Innovation

Bankers fear loss of one-quarter of business to fintech firms

Top banking executives fear that up to a quarter of their business could be at risk from emerging fintech firms, according to research conducted by PwC.

/Innovation

Will bitcoin provide banks with their 'Kodak Moment'?

The world's banks are facing a 'Kodak Moment' if they continue to dismiss the virtual currency bitcoin as just the opening act for more revolutionary blockchain-based innovation, says Max Tannahill, a business change and implementation manager at ANZ

/Innovation

USAA adds bitcoin balance check feature to site and app

USAA has teamed up with Coinbase to enable members to check their bitcoin balances through the online army bank's website and mobile app.

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Atom Bank to deploy 'intelligent software' to answer customer queries

Atom Bank is to augment its mobile banking service with machine learning technology from Xerox subsidiary WDS, to provide customers with answers to queries from an AI bot within the app.

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Team behind predictive analytics firm Framed Data join Square Capital

Square is bringing on board the team at predictive analytics startup Framed Data, who will use their machine learning knowhow to expand the Square Capital financing business.

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SolarisBank, a bank for digital and fintech startups, gets banking license

German regulatory body BaFin has granted a banking license to Berlin-based tech company solarisBank, which has built an API-based platform to power startups in the digital economy.

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Capital One integrates with Amazon Alexa for voice-powered payments

Capital One customers can now check their balances and pay their bills by talking to Amazon's Alexa virtual assistant.

/Innovation

Esma expresses case for and against distributed ledgers in post-trade markets

The potential benefits of the application of distributed ledger technologies in the securities markets sit squarely in the post-trade environment, according to initial research findings from Esma (European Securities and Markets Authority) following a year-long review of the technology.

/Innovation

Banks no longer in control of their own destiny - EIU

By 2020, bankers expect the financial services industry to be shaped strongly by technology and non-traditional competitors who are expected to gain ground in key markets including payments, lending, and wealth management.

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UK and Ireland's fintech funding scene lags

Is London's much-lauded fintech scene overhyped? New figures suggest that the value of UK and Ireland financial technology investments grew last year at a far slower rate that the general tech scene.

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US Bank and Bank of America switch on real-time mobile P2P

US Bank and Bank of America have become the first banks to offer real-time peer-to-peer money transfers to consumer mobile phones over the clearXchange network.

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Global funding for VC-backed fintech firms doubles to $13.8bn

2015 was the year that financial technology entered the mainstream, claims a new report from KPMG and CB Insights which estimates that VC-backed fintech firms around the world secured $13.8 billion in funding as they began having a serious impact in every area of banking and insurance.

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Swift Nordics Regional Conference 2016 - Live Blog Day 2

The Swift Nordics Regional Conference 2016 in Oslo is focusing on how to effectively harness disruptive trends and deliver practical, real world change to the financial industry. Over the course of two days, the programme will examine challenges and opportunities in the Nordics and beyond, and assess how new technologies, changing business models and collaborative ways of working pave the way for the future.

/Innovation

RBS creates 'Open Experience' centre at Scottish HQ

Royal Bank of Scotland chief Simon McNamara says 2016 will be the year when "innovation moves out of a basement and into the heart of RBS", as the Scottish bank opens a new 'Open Experience Centre' at its Edinburgh HQ building.