Innovation

3419 articles tagged with this keyword

/Innovation

Smart car app wins $100,000 PayPal Battlehack

A team of developers from Venice has scooped the $100,000 grand prize for PayPal's 2015 Battlehack series, marking the culmination of a globe-trotting hackathon that took in 14 cities worldwide.

/Innovation

Bank of Canada ponders bitcoin's effect on monetary policy

The rise of bitcoin could leave central banks struggling to implement monetary policy and unable to act as lenders of last resort, the Bank of Canada's senior deputy governor has warned.

/Innovation

Two hundred startups applied for MasterCard Start Path programme; just four made the grade

MasterCard has selected just four startups from more than 200 applicants to participate in a six-month long global Start Path class.

/Innovation

Atom chief launches ferocious assault on 'dinosaur' banks

The 'dinosaurs' of the banking establishment - lumbered with antiquated technology systems and ruinously expensive branches - will be brushed aside by nimble, mobile-led competitors says Anthony Thomson in a hard-hitting speech ahead of the launch of his digital-only challenger Atom Bank.

/Innovation

Visa Europe explores use of blockchain tech for remittances

Visa Europe's innovation hub is teaming up with distributed ledger specialist Epiphyte on a proof of concept project looking into how the blockchain and bitcoin can be used for international remittances.

/Innovation

Rakuten establishes $100 million fintech fund

Japanese e-commerce giant Rakuten has established a $100 million fintech fund to invest in disruptive early to mid-stage startups in Europe and North America.

/Innovation

Jiffy sets up hotlines for charitable donations

Jiffy, the real-time mobile P2P payment system run by SIA on behalf of 50 Italian banks, has set up a mechanism for making charitable donations through the app.

/Innovation

Australian fintech community pushes for reform

The forthcoming publication of an innovation agenda by the Australian government has galvanised the national fintech community to push for reforms that will help establish the country as a leading Asian hub for startups in the sector.

/Innovation

Lucova brings selfie payments to college campus

Students at Southwestern College in Kansas can now pay by selfie on campus thanks to a new app developed by mobile commerce outfit Lucova.

/Innovation

Osborne pushes London's fintech credentials

The UK's Chancellor of the Exchequer, George Osborne, has vowed to help make London the world's fintech capital, promising to oversee a regulatory environment that encourages innovation in areas such as mobile payments and bitcoin.

/Innovation

BNY Mellon looks to tap in to UK startup culture with new Emea Innovation Centre

US bank BNY Mellon has opened a European Innovation Centre in London, reinforcing the UK capital's status as a global crossroads connecting the world of high finance with the fintech startup community.

/Innovation

TopShop launches contactless fashion accessories

Barclaycard has collaborated with retail fashion chain TopShop to develop a range of wearable accessories incorporating its bPay contactless technology.

/Innovation

FCA invites businesses to play in its regulatory sandbox

The Financial Conduct Authority is set to take the wraps off its regulatory sandbox initiative with the aim of providing a 'safe space' in which businesses can test innovative products without immediately incurring all the normal regulatory consequences of pilot activities.

/Innovation

UOB calls on bank staff to join new startup accelerator

United Overseas Bank has partnered with Infocomm Investments, the venture arm of the development Authority of Singapore, to run a fintech accelerator programme.

/Innovation

Silicon Valley Bank names Bruce Wallace chief digital officer, Michael Dreyer COO

Silicon Valley Bank (SVB) has shaken up its technology management team, appointing Bruce Wallace to the newly created position of chief digital officer and bringing in former Visa CIO Michael Dreyer as chief operations officer.

/Innovation

Robo-advisor MoneyFarm raises EUR16m for UK launch

Italian digital wealth management startup MoneyFarm is preparing to enter the UK market after raising EUR16 million from Cabot Square Capital and United Ventures.

/Innovation

RBS selects 'eco-innovation' finalists; aims to open carbon neutral branch

Royal Bank of Scotland is to trial technology from 12 'eco-innovation' startups across its property portfolio in Bristol as it bids to create its first carbon-neutral banch.

/Innovation

Deutsche Bourse and Markit lend backing to capital markets fintech fund Illuminate

Illuminate Financial, a fintech venture fund for the capital markets industry, has closed its first round of capital raising with the support of Deutsche Börse and Markit.

/Innovation

Robot revolution poised to wipe out millions of jobs - Bank of America

Robo-advisors using algorithm-based systems to provide financial advice to consumers will consign 25 million jobs in the financial and legal sector to the scrap heap over the next two decades says Bank of America, in a report which paints a bleak future for the human workforce as new robot workers transform the global economy.

/Innovation

Finextra, UKTI, LHV Bank and UK-Estonia TechLink to explore fintech collaboration opportunities

Finextra is collaborating with UK Trade and Investment on 19 November in Tallinn for an interactive event bringing together financial services and fintech players from the UK and Nordic-Baltic region.