Latest Innovation News: Finextra Research

Emerging Payments Association sets up incubator

The UK's Emerging Payments Association has launched an incubator for early stage companies in the payments industry.

18 June 2015

Visa Europe Collab gets retail startup insight through TrueStart

UK-based retail accelerator TrueStart has forged a strategic alliance with Visa Europe Collab to steer startups with cross-over potential to the card scheme's innovation hub for advice and mentoring.

17 June 2015

News/Innovation

SAP Financial Services Forum Focus: Ross Wainwright

For the past 15 years at SAP, the Global Head of Financial Services Industries has grown SAP’s Financial Services business. Wainwright's team handles development, sales, professional services, support, partner and other SAP organisations serving more than 12,400 banks and capital market firms and more than 5,000 insurance providers worldwide.

17 June 2015

News/Innovation

BBVA Ventures exec joins Santander InnoVentures

Banco Santander's fintech venture fund has poached Manuel Silva Martinez, a founding member of a similar fund at rival Spanish bank BBVA.

17 June 2015

News/Innovation

Westpac takes quantum step with 11% stake in QLabs

Westpac has acquired an 11% stake in Canberra-based cybersecurity outfit QuintessenceLabs as it bids to shore up its defences against hi-tech hackers.

16 June 2015

News/Innovation

Please enter your emojis to access your account

Intelligent Environments has launched an emotive alternative to PIN-only passcodes with a system that enables consumers to log into their banks using four emoji characters.

15 June 2015

News/Innovation

Banks and startups must collaborate for 'Fintech 2.0' revolution

Having made their mark in relatively safe areas such as payments and P2P lending, fintech firms are now preparing to move into the middle and back office, giving them a multi-billion dollar opportunity to help reboot financial services, but only if they collaborate with the establishment, according to a new paper from Santander InnoVentures, Oliver Wyman and Anthemis Group.

15 June 2015

News/Innovation

TMX sets up innovation lab

Canadian exchange group TMX is launching an innovation lab to explore and incubate emerging inhouse and external technology opportunities for 're-imagining' the future of trading.

12 June 2015

News/Innovation

US startup crowdfunds contactless bracelet

US startup PureWrist is seeking to raise $20,000 on IndieGogo to begin live production of a contactless, wearable payment bracelet

12 June 2015

News/Innovation

FinLab unveils winners of $3m cash flow management competition

A $3 million pot put up by JPMorgan Chase is being split between nine finetch startups that have won a competition aimed at finding ways to help households better manage their money.

12 June 2015

News/Innovation

Standard Chartered appoints group innovation head

Standard Chartered has appointed its first group chief innovation officer, promoting head of risk innovation Anju Patwardhan to the newly-created position.

11 June 2015

News/Innovation

Sydney fintech hub moves to bigger site in face of overwhelming demand

A new and larger premises has been announced for Sydney’s independent fintech hub, Stone & Chalk, which has outgrown its first home before even moving in.

10 June 2015

News/Innovation

CommBank releases smartwatch apps

Customers of Australia's Commonwealth Bank can now track the movement of share prices and perform everyday banking tasks with a tap of their wrists following the release of two new smartwatch apps.

10 June 2015

News/Innovation

Niederauer backs 'smart securities' startup Symbiont

A host of Wall Street heavyweights, including former Nyse Euronext CEO Duncan Niederauer, have joined a $1.25 million seed funding round for Symbiont, a startup using the blockchain for "smart securities".

09 June 2015

News/Innovation

LHV Bank uses blockchain tech to issue receivables claims

Estonia's LHV Bank is tapping blockchain technology for an experiment that will see it issue EUR100,000 worth of "cryptographically protected" receivables claims against the bank.

09 June 2015

News/Innovation

Andy Murray joins Seedrs Advisory Board

British tennis champion Andy Murray has entered a long-term partnership with Seedrs, the London-based equity crowdfunding platform.

08 June 2015

News/Innovation

Barclays backs free digital skills event

Barclays is inviting young Brits to a digital skills workshop later this month where they can learn coding and build their own apps.

05 June 2015

News/Innovation

Deutsche Bank to open three innovation labs across the globe

Deutsche Bank is to open three innovation labs in Berlin, London and Silicon Valley, as part of a EUR1 billion spend on digital initiatives over the next five years.

03 June 2015

News/Innovation

Chinese firm unveils facial recognition ATM

Engineers in China have developed what is thought to be the world's first cash machine to ditch PINs in favour of facial recognition technology.

02 June 2015

News/Innovation

Google and Intel top charts of corporate investors in fintech

Financial services firms may dominate the list of corporate investors in fintech startups, but the biggest investment dollars are coming from two of the world's largest tech companies, Google and Intel, according to data from CB Insights.

01 June 2015