Latest Innovation News: Finextra Research

Samsung engineers payments for TV

Samsung is to equip its television sets with a new way for viewers to pay for goods and services from the comfort of their armchair.

05 August 2015

News/Innovation

Open University and Innovate Finance launch Fintech 101 course

The Open University has teamed up with UK fintech trade body Innovate Finance to launch the world's first introductory course to financial technology.

04 August 2015

News/Innovation

DBS Hong Kong kicks off inaugural accelerator programme

Innovations in Big Data analytics, payments, risk management, security, and P2P lending are to the fore among the ten startups selected to participate in the inaugural DBS Accelerator programme in Hong Kong.

04 August 2015

News/Innovation

Deutsche Bank backs blockchain potential

Deutsche Bank is the latest major financial institution to laud the potential of the blockchain, confirming that it is exploring the use of distributed ledger technology for everything from securities clearing and settlement to anti-money laundering registries.

31 July 2015

News/Innovation

George Galloway proposes 'MayorsChain' to track city finances

Radical anti-establishment politician and prospective London mayoral candidate George Galloway is proposing to use the blockchain to track the capital's $17 billion budget in real time.

30 July 2015

News/Innovation

Commerzbank venture fund invests in iwoca

The venture capital arm of Germany's CommerzBank has joined in a $20m funding round for UK-based SME lending platform iwoca.

30 July 2015

News/Innovation

David Cameron backs UK fintech manifesto

UK Prime Minister David Cameron has lent his support to a fintech manifesto issued by industry think tank Innovate Finance which lays down a bold vision for the country to become a dominant force in financial technology investment and job creation globally.

30 July 2015

News/Innovation

ING Bank introduces voice-activated mobile payments

ING Bank in the Netherlands is introducing voice-activated payments through its mobile app, enabling customers to authorise transactions by conversing with a virtual assistant on their phone.

29 July 2015

News/Innovation

National Australia Bank launches $50 million venture fund

National Australia Bank is to establish a $50 million venture fund to invest in startups with fresh ideas in mobile banking, payments and data and analytics.

29 July 2015

News/Innovation

Singapore hires Citi veteran to lead new fintech group

The Monetary Authority of Singapore (MAS) has poached Citi exec Sopnendu Mohanty to head up a new fintech and innovation group.

28 July 2015

News/Innovation

Peter Randall resurfaces with post-trade blockchain startup

Peter Randall, the former CEO and founder of Chi-X, is once again looking to upset established market mechanisms with the launch of an institutional payment and settlement system based on blockchain technology.

27 July 2015

News/Innovation

BNP Paribas explores the blockchain; SocGen advertises bitcoin-related job

Further evidence has emerged that French investment banks are exploring the potential of blockchain technology in the capital markets.

24 July 2015

News/Innovation

Banks lag manufacturers and telcos in race to build innovation centres

The financial services sector is trailing rival industries in the race to set up innovation centres in technology hubs such as Silicon Valley, according to a report issued by consultants CapGemini and Altimeter Group.

24 July 2015

News/Innovation

Wells Fargo creates innovation group

Wells Fargo has tapped veteran Steve Ellis to lead a newly created innovation group designed to help the 163-year-old bank thrive in the digital age.

23 July 2015

News/Innovation

Wall Street eyes the blockchain

Almost all of Wall Street thinks that the blockchain could be applied to institutional capital markets and many firms are already actively reviewing the technology, according to research from Greenwich Associates.

23 July 2015

News/Innovation

Fintech sector lifts Irish jobs market

Ireland has received a timely boost to its employment figures thanks to the creation of almost 500 new jobs in the country's blossoming fintech industry.

22 July 2015

News/Innovation

ING opens Belgium fintech accelerator; mistakenly blocks Dutch user from bitcoin

On the day ING’s Belgian arm burnished its innovation credentials with the launch of a fintech accelerator, an overzealous staffer across the border at the bank’s Dutch unit did their best to undermine the effort by mistakenly blocking a customer from buying bitcoins.

17 July 2015

News/Innovation

Barclays builds global fintech community

Barclays is promising to create a global community for fintech innovation, opening physical hubs around the world, beginning with New York, to house startups.

16 July 2015

News/Innovation

Xignite and Nasdaq to power startups with cloud-based market data API

Cloud-based data supplier Xignite is to provide fintech startups with low-cost API access to real-time market data quotes from Nasdaq.

15 July 2015

News/Innovation

PSR appoints Ruth Evans to helm Payments Strategy Forum

The Payment Systems Regulator has appointed Ruth Evans, an industry outsider and chairman of the The Authority for Television on Demand (ATVOD), to guide discussions over the future of payments in the UK.

15 July 2015