Latest Innovation News: Finextra Research

Thomson Reuters builds data and innovation lab

Thomson Reuters is planning to tap into Canada's startup community with the opening of a data and innovation lab in Waterloo, Ontario.

17 September 2015

News/Innovation

Ireland creates fintech and payments body

A new trade association intended to provide a single voice for the emerging fintech and payments ecosystem in Ireland has launched, with the aim of establishing the Republic as a leading international financial services hub.

17 September 2015

News/Innovation

Fintech players team on API ecosystem

A collection of fintech players, including Nasdaq, Yodlee, Tradier and Level39, have joined forces to create an ecosystem that connects developers with APIs.

16 September 2015

News/Innovation

UK challenger Secco vows to reboot banking

Secco Bank has emerged as the latest UK challenger promising to reboot "broken" banking and usher in a new digital era in financial services, where data is the new money.

15 September 2015

News/Innovation

Nine banks back blockchain collaboration plan

Nine of the world's largest banks are backing an initiative to create a set of global standards for the use of distributed ledger technology in financial markets.

15 September 2015

News/Innovation

Visa develops spec for chip card biometrics

South Africa’s Absa Bank is to be the first to trial a new Visa specification for fingerprint validation at chip card-enabled ATMs.

15 September 2015

News/Innovation

Bitcoin money transfers and credit scoring take top spots at BBVA startup contest

A bitcoin instant money transfer system for small businesses trading with Asia and a service that allows users to build a credit score on their history of paying utility bills have been declared the winners of BBVA's Open Talent startup contest for LatAm.

15 September 2015

News/Innovation

Barclays hunts for new recruits with gamified trading platform

Barclays is to test the skills of budding traders with the opening of a virtual investment platform from US-based gamified recruitment startup Stockfuse.

14 September 2015

News/Innovation

Bay Area top spot for fintech startup funding

Fintech startups in the San Francisco Bay Area tend to raise far more in capital funding than those in other parts of the US, figures put together by the Financial Solutions Lab (FinLab) suggest.

14 September 2015

News/Innovation

ASB gives piggy bank a digital makeover

New Zealand's ASB is bringing the piggy bank into the digital, cashless age, ditching the coin slot for a display screen that helps kids keep track of their pocket money.

14 September 2015

News/Innovation

Australian fintech startups look to London

Ten of Australia’s most promising fintech startups were welcomed to the UK at the Australian High Commission last night. Hosted by UKTI and The Australian Trade Commission, the event gave the opportunity for UK-based companies to meet and share experiences with their peers from down under.

11 September 2015

News/Innovation

Innovate Finance and IBM to open blockchain lab

UK fintech champion Innovate Finance is to establish a blockchain lab in partnership with the Hartree Centre, the high performance computing and data analytics research facility founded by the UK Government in association with IBM.

11 September 2015

News/Innovation

Orange launches African crowdfunding platform for mobile money users

Orange has launched a mobile crowdfunding platform in Cote d'Ivoire to which users can make and receive donations via their Orange Money accounts.

11 September 2015

News/Innovation

Atlanta gets fintech task force

The city of Atlanta is getting a new financial technology task force as it bids to become a hub for the fast-growing fintech industry and attract investment and jobs.

11 September 2015

News/Innovation

Visa, Citi, Nasdaq, Fiserv and Capital One back blockchain startup Chain

Five financial services heavyweights have joined in a $30 million funding round for blockchain startup Chain, which is aiming to overturn Wall Street conventions for the issuing and handling of financial securities.

10 September 2015

News/Innovation

Mondo releases secret API; runs hackathon

Digital banking startup Mondo is calling on third-party developers to participate in a two-day hackathon in London as it unveils an early iteration of its Application Programming Interface (API).

10 September 2015

News/Innovation

Pivit issues capital investment on blockchain with Digital Asset Holdings

Real-time predictive marketplace Pivit has issued a portion of its upcoming $5 million investment round using distributed ledger technology from Digital Asset Holdings.

09 September 2015

News/Innovation

ING acquires 12-person loyalty startup Qustomer; opens Innovation Studio

ING has acquired the Belgian digital loyalty platform Qustomer as it looks to further its mobile payments strategy by working with smart startups.

09 September 2015

News/Innovation

Safaricom opens up M-Pesa API

Safaricom, the operator of the M-Pesa platform, has released an Application Programming Interface (API) to entice local and international developers into creating innovative new use cases for the popular mobile payments service.

08 September 2015

News/Innovation

Samsung to showcase NFC 'Smart Suit'

A smart suit with an NFC tag embedded in the sleeve button, a purse which can recharge a mobile phone without cabling, and 'bio-smart' shirts that measure heartrate and respiration are to make their debuts at a tech show in Berlin next week as Samsung unveils its latest line of wearable fashion items and accessories.

04 September 2015