Innovation

3418 articles tagged with this keyword

/Innovation

Lloyds hires former Google 'pirate' Makoski as chief design officer

Lloyds Banking Group has hired UX design guru Dan Makoski to fill a newly-created role as chief design officer.

/Innovation

EBA warns banks on being too passive or proactive on fintech

As they seek to steer a course through the new fintech environment, financial services firms must beware the risks to their business models of both being too passive and too gung-ho in their embrace of new technologies, says a European Banking Authority report.

/Innovation

FCA welcomes firms working on crypto-assets to latest sandbox cohort

The Financial Conduct Authority's regulatory sandbox continues to gather momentum, with 29 firms - including some working with crypto-assets - getting the go-ahead to join the initiative's fourth cohort.

/Innovation

Bermuda to create new class of banks to encourage fintech

The Government of Bermuda is to amend the Banking Act to create a new class of bank specifically to cater to local fintech and blockchain companies.

/Innovation

Oracle to locate European fintech hub in Brussels

Big tech company Oracle is to locate a new 'Fintech Innovation Programme' in Belgium, teaming up with local startup supporter B-Hive.

/Innovation

Nationwide launches £50m fintech fund

UK building society Nationwide has joined the fintech venture fund party, putting aside £50 million to invest in promising startups.

/Innovation

UK government launches coding school

The UK government has launched a new body for training prospective coders in order to address an increasing digital skills gap.

/Innovation

US Treasury fintech report to make regulatory recommendations

A much anticipated report from the US Treasury on regulatory reforms for the fintech sector is set to recommend the use of regulatory sandboxes and fintech charters at both a state and federal level.

/Innovation

Interac opens innovation lab

Canadian debit network Interac has opened an innovation outpost and accelerator at Communitech, a tech hub based in the city of Kitchener, Ontario.

/Innovation

Linedata Exchange Europe 2018 - live blog

Welcome to Finextra's live coverage from the Linedata Exchange Europe 2018. The theme for this year's event centres around transformation and how digital, operational and industry-wide transformation can be leveraged to deliver growth.

/Innovation

Collaboration in financial services is key in Latin America

Swift's Latin American Regional Conference in Miami had a clear focus on how new market entrants and developing technologies are dramatically changing the financial landscape in the region.

/Innovation

DBS to use robot to screen applicants for human jobs

DBS is using an AI-based recruitment agent to pre-screen candidates for job interviews, reviewing CVs, firing off questions and conducting psychometric tests.

/Innovation

BBVA aims to convert half of its customer base to mobile banking within the next year

Spanish bank BBVA has set a goal of converting 50% of its customers to mobile banking by 2019.

/Innovation

Ripple exec says DLT not ready for banks...yet

A lack of scalability and privacy issues are preventing banks from using distributed ledger technology (DLT) to process cross-border payments, says a senior executive at one of the most prominent startups in the DLT space.

/Innovation

RBC unveils $3.2bn tech budget in digital push

Royal Bank of Canada (RBC) is planning to spend $3.2bn on technology this year in a bid to attract new customers looking for more digital banking services.

/Innovation

Singapore to develop ethical code for AI and personal data use

Singapore's government has outlined plans to develop a governance programme around the use of artificial intelligence and personal data in its bid to become an international centre for new technology.

/Innovation

UK launches £2.5bn startup initiative

The UK government has launched a series of initiatives designed to attract more foreign fintech experts to work for UK startups and to encourage those same startups to remain in the UK rather than uproot to an EU-based neighbouring jurisdiction.

/Innovation

Live: EBAday2018, day two

Payments professionals from across Europe are gathering in Munich this week for EBAday 2018, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

/Innovation

10,000 jobs could be lost to robots says Citi

US bank Citi has warned that it could shed half of its 20,000 tech and ops staff in the next five years due to the rise of robotics and automation.

/Innovation

HSBC promises $17bn investment in technology

Europe's biggest bank HSBC is planning to invest between $15-$17bn in new technology as part of a new growth strategy announced by its chief executive John Flint.