3418 articles tagged with this keyword
News/startups
Traditional financial institutions can expect to see a material shift in future revenues to new entrants — including challenger banks, non-bank payments institutions, and big tech companies — as competitive pressure from digital disruption continues, reports Accenture.
17 October 2018
News/Innovation
BBVA has officially launched its Banking-as-a-Service platform in the US, using APIs to let firms offer their customers financial products without having to take on fulling banking themselves.
AXA Investment Management is restructuring its £55 million Framlington Financial fund to invest in fintech companies.
TD Ameritrade is dabbling in virtual reality, teaming up with Facebook's Oculus Go on an "immersive learning experience" for investors.
15 October 2018
Norway's DNB has invested £3 million for a five percent stake in a new digital banking toolset developed by consultancy 11:FS.
Consumer rights groups in the US have slammed a proposal by the Consumer Financial Protection Bureau to create a regulatory sandbox that would enable fintech firms to bypass red tape.
12 October 2018
Westpac is rolling out a new designer range of wearable payment accessories, including an iron or sew-on patch and safety pin that can be hidden on clothing.
A strong line-up of C-Suite digital banking heads and innovators from across the Scandinavian fintech scene will gather in Stockholm next month to debate the future of financial services at Finextra's annual NextGen Banking Nordics summit.
A fragmented patchwork of data privacy rules threatens to upend the promise of new developments in financial technology across Asia, a leading trade body has warned.
Standard Chartered is working with Chinese networking conglomerate Huawei on the development of IoT sensors that would automatically trigger payments to corporates by providing real-time data on the movement of goods.
10 October 2018
Women are now more likely to get a job in technology as the industry moves away from pure number crunching to a greater focus on innovation and creativity, according to new research from Nationwide Building Society.
Asset management house Schroders has taken a minority stake in Qwil Messenger, the first fintech start-up to have joined its global in-residence programme.
09 October 2018
The Financial Conduct Authority's innovation sandbox is supposed to make it easier for new entrants to the financial services industry to navigate through the regulatory maze. However, for many participants the process of getting onboard and then finding willing customers to test their ideas on has been far from straightforward.
Commonwealth Bank of Australia and the nation's scientific research agency CSIRO are tesing the use of blockchain technology to help citizens manage payments made to the National Disability Insurance Scheme (NDIS).
News/devops
JPMorgan is introducing mandatory coding courses for all employees in its asset management division, the FT reports.
08 October 2018
Citi has added Howard University to its programme embedding students from leading schools into its innovation efforts, enabling participants to earn course credit for work with the bank on emerging technologies such as machine learning and big data analytics.
Crypocurrency firm Circle is to acquire equity crowdfunding platform SeedInvest with the aim of creating a regulatory-approved token marketplace for capital formulation by businesses and individual entrepreneurs.
05 October 2018
Data scientists at Deutsche Bank have developed an artificial intelligence tool that cuts through the flannel padding out the Environmental Social and Governance reports of most companies to analyse non-financial news and quantify the stock impact.
The European Securities and Markets Authority (Esma) has budgeted over EUR1 million to keep abreast of trends in financial innovation and crypto asstes over the course of the next year.
Societe Generale is scouting for fintech startups to join a new incubator being hatched by its corporate and investment banking unit.
03 October 2018
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