Latest Innovation News: Finextra Research

Tackling the fintech talent deficit

Amid continued concerns around the impact Brexit will have on the talent deficit in the financial services industry, Felicity Burch, director of innovation and digital at CBI and Omar Ali, partner at EY discuss how to inspire the next generation of fintech talent with Finextra.

23 April 2019

News/Innovation

US Bank names BBVA's Derek White chief digital officer

US Bank has hired Barclays and BBVA veteran Derek White as its first chief digital officer, putting him in charge of a new combined digital team.

15 April 2019

News/Innovation

Halifax rebrand slammed for copying Monzo and Starling

Days after Halifax's attempt at a rebrand to compete with digital upstarts such as Monzo and Starling, social media users noticed that the bank's new identity may have taken the competition a little too literally.

12 April 2019

News/ai

Tens of millions of jobs on the line as banks pile into AI

The global business value of the deployment of artificial intelligence in financial services is projected to reach $300 billion by 2030, according to a study by IHS Markit, leading to the loss of tens of millions of jobs

11 April 2019

News/Innovation

RBC and Franklin Templeton back SoCal fintech incubation centre

Royal Bank of Canada and Franklin Templeton have thrown their weight behind the creation of a purpose-built fintech incubator in San Diego, the first facility of its kind in the Southern California region.

10 April 2019

News/startups

Fintech phenomenon boosts London jobs market

Job creation within the fintech space in London increased by 61% over the past year as the City cemented its standing as a global hub for financial technology startups, according to data from recruitment firm Robert Walters.

09 April 2019

News/ai

SocGen Assurances and Roadzen team on contextual insurance venture

Societe Generale Assurances has joined forces with AI insurtech specialist Roadzen to build a "digital and contextual" insurance player.

05 April 2019

News/Innovation

RBS and Barclays trial blockchain tech to slash property transaction times

RBS and Barclays Bank have completed a blockchain trial with R3's distributed ledger software which reduced the time taken to complete a property transaction from three months to less than three weeks.

05 April 2019

News/devops

K&H to run 'Innovathon' hack

KBC's banking subsidiary in Hungary, K&H Group, is inviting fintechs, startups and developers to play in its PSD2 sandbox with the aim of testing fresh ideas for digital banking innovation.

05 April 2019

News/Innovation

JPMorgan's Dimon apprehensive of China's prowess in AI and fintech

JPMorgan Chase chief Jamie Dimon has admitted to being worried about the progress China has made in artificial intelligence and fintech.

05 April 2019

News/Innovation

Tackling digital transformation in Nordic financial services

SWIFT's Business Forum Nordics event examined how the financial services community in the region can deliver technological innovation while managing emerging risk factors.

04 April 2019

News/Innovation

One-third of retail banks planning to build digital brands

As many as a third of retail banks are looking to build a greenfield digital bank to ward off competition from upstart challengers and cherry-picking fintechs.

04 April 2019

News/Innovation

Temenos TCF The Hague- Digital Banking Reloaded- live blog, Day 2

Rolling updates from the Temenos Community Forum in The Hague. It's a full house in the World Forum after a splendid gala dinner last evening. News and insights shared here on a continual basis throughout the day

04 April 2019

News/Innovation

Big banks back new international blockchain alliance

Barclays, BBVA, Deutsche Boerse and Swift are among the financial services sector names to join a new collective promoting the development of a global framework for the development and adoption of distributed ledger technology.

03 April 2019

News/Innovation

Banco Santander earmarks EUR20 billion for digital spend

Banco Santander is to spend EUR20 billion on digital technology over the next four years as part of an efficiency effort aimed at slashing EUR1.2 billion in annual costs.

03 April 2019

News/Innovation

European Commission sets up fintech innovation forum

The European Commission has launched a European Forum for Innovation Facilitators (EFIF), to improve cooperation and coordination of national regulatory bodies in support of the region's booming fintech economy.

03 April 2019

News/Innovation

Temenos TCF The Hague- Digital Banking Reloaded- live blog, Day 1

Finextra is here in The Hague covering Temenos' annual bash. Stay tuned for live rolling updates on proceedings and the very latest in innovative functionality and streamlined operations.

03 April 2019

News/Innovation

BBVA links loan interest rate to borrower's digital maturity

Spanish bank BBVA is introducing a new type of corporate loan that sees its interest rate decline as the borrower makes progress towards "digital maturity".

02 April 2019

News/payments

Manchester to be test bed for finger vein payments

Manchester has been chosen as the global launch city for finger vein payments system, Fingopay.

01 April 2019

News/startups

EBAday 2019 zones in on fintech

Finextra and the Euro Banking Association are inviting startups from across Europe to apply for one of 16 spaces available to meet and network with banking executives attending EBAday 2018, Europe's leading payments and transaction banking event.

01 April 2019