Innovation

3418 articles tagged with this keyword

/startups

Defining fintech to better understand the changing ecosystem under Covid-19

When discussing the amorphous nature of fintech, Tania Ziegler, the CCAF’s Global Benchmarking lead was struck by how ‘fintech’ is increasingly used as an all-encompassing term, describing a diverse range of organisations that all have financial technology at the centre of their operations and agenda.

/regulation

BIS Innovation Hub to expand global reach

The Bank for International Settlements (BIS) is to expand its Innovation Hub to new locations in Toronto, London, Frankfurt & Paris and Stockholm.

/cloud

How the cloud transforms customer experience in financial services

The bar to meet customer expectations across industries has continued to rise. Digital innovation is changing how companies engage their customers in every interaction, particularly how they deliver information as well as products and services.

/wholesale

Fintech Scotland wins £22.5 million to establish Open Finance Centre

Scotland's growing fintech cluster has been given a significant boost with the award of £22.5 million in innovation funding to establish a Global Open Finance Centre of Excellence (GOFCoE) in Edinburgh.

/payments

KBC to roll out wearable payments to all customers

Belgium's KBC is rolling out wearable payments tech to all clients following successful tests with 1000 customers.

/startups

MAS to host $1.25 million Covid-19 and green finance challenge

The Monetary Authority of Singapore has launched a $1.75 million global fintech challenge in search of solutions that can help financial institutions grapple with the existential threats posed by Covid-19 and climate change.

/retail

Neobanks’ Covid-19 recovery will provide the blueprint for future scalability in fintech

The fintech industry continues to flourish across Europe, the Middle East and Africa despite economic setbacks such as those that have emerged following the outbreak of Covid-19.

/crypto

Swiss crypto firm launches university courses

Swiss crypto bank Seba has sought to address the potential skills gap in emerging technology by launching a blockchain-themed university education course.

/sustainable

Sustainable Finance Live: How investment opportunities can transform the greenhouse gas landscape

Finextra Research and ResponsibleRisk today hosted Sustainable Finance Live, the first virtual workshop in series of events designed to create actionable ESGtech strategies and build an ecosystem of partnerships that will turn strategy into reality.

/markets

HSBC launches AI-powered equity index family

HSBC has teamed up with IBM Watson and artificial intelligence specialist EquBot to launch equity index products powered by AI and big data.

/retail

Banks worldwide warm to Open Banking

Research conducted among 774 banks worldwide reveals that 86% of global banks are looking to use APIs to enable Open Banking capabilities in the next 12 months.

/startups

Santander looks ahead to post-Covid innovation

Looking ahead to a world transformed by the Coronavirus outbreak, Banco Santander has launched the X Tomorrow Challenge to fund entrepreneurial projects dealing with the post Covid-19 fallout.

/regulation

G20 TechSprint Initiative invites firm to tackle regulatory challenges

The Saudi G20 Presidency and the Bank for International Settlements (BIS) Innovation Hub are launching a virtual hackathon-style competition to find new technological ways to tackle financial regulatory compliance and supervision challenges.

/security

Trust remains integral to acceptance of AI by UK consumers

In response to the European Commission’s strategy for data released in February, Vikram Khurana, senior associate, Bristows LLC argues that “The EC is saying trust needs to be the bedrock of AI. If the industry can tackle this issue and build trustworthy AI systems, AI is more likely to be accepted and taken up by businesses and individuals.”

/startups

FIS sets up $150 million fintech venture fund

Financial technology company FIS has set up a venture arm with a goal of investing up to $150 million in promising fintech startups over the next three years.

/sustainable

Sustainable Finance Live to go virtual

Sustainable Finance Live, the series of workshops hosted by Finextra Research and Responsible Risk, is becoming a virtual event in response to the Coronavirus pandemic.

/wholesale

Singapore central bank backs Tradeteq quantum credit scoring project

London-based Tradeteq has received funding from Singapore's central bank on a project to develop quantum computing-based credit scoring methods for companies.

/devops

Pan-EU hackathon calls on fintechs to tackle Covid-19

The European Commission is to host a virtual pan-European hackathon this weekend in a bid to develop solutions to coronavirus-related challenges.

/retail

CaixaBank steps up quantum computing trials

CaixaBank is stepping up its experimental application of quantum computing in financial services, developing a machine learning algorithm to classify customers according to their credit risk.

/startups

Fintech accelerator Finance Forward extends deadline to startups working on Covid-19

Finance Forward, a fintech accelerator run by Village Capital, MetLife Foundation and PayPal, has extended the deadline for its European programme to accommodate startups working on Covid-19 applications.