Latest Innovation News: Finextra Research

Finextra Future Money returns for 2015

Created as the premier event bringing both the most innovative minds in banking together with the exploding FinTech community, Finextra Future Money returns to London on April 21 and 22 for an exciting two day event.

16 February 2015

News/Innovation

US Bank enlists millennial advisors to find out what young customers want

US Bank has hand-picked a dozen millennials to help guide its middle-aged suits over the next year on what digital natives want from their financial services provider.

02 February 2015

News/Innovation

Banks set blockchain/Internet of Things challenges for SBC hackathon

The future of the blockchain and the use of the Internet of Things in financial markets are among the challenges set out by banks participating in the next Startupbootcamp hackathon in London.

27 January 2015

News/Innovation

Bitcoin price soars on Coinbase exchange launch

Coinbase has launched America's first regulated bitcoin exchange, helping to push the crypto currency's price past the $280 mark.

26 January 2015

News/Innovation

Gates makes mobile banking bet

By 2030, two billion people who don't have a bank account today will be storing money and making payment with their mobile phones, predicts Bill Gates.

22 January 2015

News/Innovation

Japanese bank employs robot branch workers

Already facing competition from online and mobile channels, bank branch staff in Japan are about to come up against a new threat: mini humanoid robots.

13 January 2015

News/Innovation

Coutts and Barclays to roll out video banking services

Barclays and Coutts are to enter a new era of financial advisory service with the roll-out of face-to-face video platforms to connect customers to banking experts from their mobile or desktop.

01 December 2014

News/Innovation

BNY Mellon establishes Silicon Valley innovation centre

Investment management and services group BNY Mellon has set up an innovation centre in Silicon Valley as it seeks to harness the power of big data, cloud computing and the Internet of Things.

18 November 2014

News/Innovation

Deutsche Bank partners tech giants on innovation labs - WSJ

Deutsche Bank is working with tech firms IBM, Microsoft and HCL Technologies on plans to open innovation labs around the world, according to the Wall Street Journal.

17 November 2014

News/Innovation

Visa to recruit 1000 technologists for new Bangalore development centre

Visa is to open a new technology centre in Bangalore, India, next year with the aim of recruiting 1000 staff to work on APIs and software development kits by 2017.

03 November 2014

News/Innovation

CBA launches Innovation Lab

Commonwealth Bank of Australia has launched an Innovation Lab in the heart of Sydney's Central Business District with a view to developing cutting-edge products, and services in collaboration with customers, partners, start-ups and industry experts.

16 October 2014

News/Innovation

Commercial Bank of Dubai opens 'Facebook branch'

Commercial Bank of Dubai (CBD) has introduced a 'Facebook branch', enabling customers to check their accounts and transfer funds from within the social network.

16 October 2014

News/Innovation

Lawsky bows to BitLicense backlash

Individual users, software developers and bitcoin miners will be exempt from new regulations being drawn up to regulate the crypto-currency markets by New York's State Department of Financial Services.

15 October 2014

News/Innovation

Smartwatches face challenges as payment devices

Just one-in-three consumers would be interested in using a smartwatch for payments, with fitness tracking, online ID and travel ticketing viewed as more attractive features, according to a survey of 5000 people across five countries by GfK.

15 October 2014

News/Innovation

Digital investments top priority for retail banks - BAI

Online and mobile platforms are the leading focus of technology investments for retail banks as they move to increase the functionality of their digital offerings, according to a BAI survey.

15 October 2014

News/Innovation

Nimbl introduces cash delivery app

In a strange hybrid of the physical and digital money worlds, an app has launched which delivers cash to people too lazy to walk to the ATM.

14 October 2014

News/Innovation

Life.Sreda preps $100m fintech fund

Russian fintech venture capital firm Life.Sreda is looking to raise $100 million for a second fund as it bids to find the next Square or Lending Club.

14 October 2014

News/Innovation

Visa and MasterCard face scrutiny by new UK watchdog

The UK government is planning to put supervision of MasterCard and Visa alongside the country's main interbank payment systems into the hands of a new Payment Systems Regulator (PSR), whose chief remit is to inject more competition into the country's payments industry.

14 October 2014

News/Innovation

Kotak Mahindra taps India's Immediate Payment Service to offer Facebook transfers

India's Kotak Mahindra Bank (KMB) has launched a bank agnostic mobile money transfer service for Facebook friends.

14 October 2014

News/Innovation

BBVA opens API to developers for global hackathon

BBVA is to share a EUR60,000 pot with developers who can augment bank API data from card transactions in Mexico with external resources to create innovative new financial applications.

10 October 2014