3419 articles tagged with this keyword
News/Innovation
US investment bank Goldman Sachs has spun off internally developed technology used to enable employees to securely communicate via mobile devices and teamed up with a software company.
28 October 2015
A new certification programme claims to be the first global qualification exclusively for technologists working within financial institutions.
HSBC has opened a fintech innovation lab in Singapore that will focus on developing digital and mobile banking services tailored to clients in Asia Pacific.
Nasdaq has signed up the first batch of clients for its new blockchain-enabled platform for trading shares in private companies.
27 October 2015
A survey by Accenture has found that almost half of the world's biggest banks have no directors with any technology experience on their board.
MasterCard is looking beyond cards and mobile phones, launching a programme that will let partner firms turn anything from purses to keyfobs to jewellery in contactless payments devices.
Fintech startups in P2P lending and crowdfunding are set to play a key role in bridging a $2 trillion funding gap for millions of small businesses worldwide says the World Economic Forum.
The Australian Securities Exchange (ASX) could replace its clearing and settlement system with a blockchain-based alternative.
26 October 2015
Silicon Valley entrepreneur and investor, Vinod Khosla held little back in his keynote at the Money 20/20 conference, denouncing the US move to EMV chip cards as "screwed up" and predicting that "NFC will takeover in three years."
Royal Bank of Scotland is to connect 100,000 staff across the bank to Facebook at Work, an enterprise version of the social network, to encourage collaboration and allow employees to communicate faster and more efficiently.
Staying up all night in Vegas to make $20,000 used to mean a night at the roulette wheel. Not anymore. Team 'Replay' scooped first prize in the Money 20/20 hackathon and took home a cheque for $20,000.
Financial inclusion featured high on the agenda of the opening sessions at Money 20/20 in Las Vegas. Initiatives from Asia were highlighted as showing best practice in solving identity issues.
Capital One is offering customers the chance to replace security questions for some transactions with a simple swipe of their mobile phones.
23 October 2015
American Express has taken its first steps into the cryptocurrency world, participating in a Series A funding round in bitcoin payments venture Abra.
Keen to shake off bitcoin's association with the underworld, a collection of blockchain firms have banded together on a forum promising to work with law enforcement agencies to tackle criminals using the technology.
Banks need to develop core competencies in design, Big Data, digital sales, processes and software, and cultural change if they are to succeed in the future, says BBVA chief operating officer Carlos Torres Vila.
Lloyds Banking Group tech staff are to gain access to a bespoke 'Digital Foundations' course as part of a group-wide effort to equip employees with the tools and training necessary to drive innovation across the organisation.
22 October 2015
AIB's efforts to reach out to young techies took a blow after the Irish bank mangled the terms and conditions for an upcoming 'DataHack' event, requiring participants to relinquish intellectual property rights for their work.
ABN Amro has joined the ranks of banks setting up a venture fund to invest in startups that can help the bank accelerate its own digital transformation.
Almost half of UK 18-30-year olds have banked on a wearable device since the launch of the Apple Watch six months ago, according to figures from Intelligent Environments.
21 October 2015
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