Latest Innovation News: Finextra Research

Enterprise Ireland to run 'Fintech Census'

Enterprise Ireland is to draw up a 'Fintech Census' to map the country's burgeoning digital ecosystem and inform future policy across the areas of tax, employment, regulation and investment.

03 May 2018

News/Innovation

Brexit, cyber-resilience, Open Banking to the fore at Swift London forum

The Swift Business Forum London recently took place at the city's Tobacco Dock. With a record 1,300 registrations, the key themes of the day included innovation in financial services, community collaboration, and cyber resilience. And of course, being hosted in the UK, Brexit and its potential impacts also came up in discussion

02 May 2018

News/Innovation

Cinnober sets up Lightning node to test scalability on the blockchain

Capital markets software house Cinnober is running tests on the Lightning Network to determine its potential for scaling up cryptocurrency transactions across the bitcoin blockchain.

02 May 2018

News/Innovation

UK fintech sector calls on Government to tone down hostile immigration policy

With the UK's 'hostile' policy towards immigration claiming its first political casualty in the shape of Home Secretary Amber Rudd, Innovate Finance has waded into the debate warning about the threat to the fintech sector from a tightening of the rules on overseas workers.

30 April 2018

News/Innovation

Mitsubishi to create dedicated AI unit

Mitsubishi UFJ is to consolidate its disparate artificial intelligence development programmes, moving R&D away from distinct business departments to a new AI Studio (M-AIS) within its Japan Digital Design subsidiary.

27 April 2018

News/Innovation

Singapore to fast track fintech patent processing

Singapore's Intellectual Property Office is to speed up the time taken to patent new fintech inventions in an effort to help startups bring their applications to the market more rapidly.

27 April 2018

News/Innovation

Deutsche Bank looks to big data for stock price clues

Deutsche Bank's research unit has unveiled an interactive web tool that uses big data in an effort to quantify the importance of intangibles, such as environmental and social issues, on stock prices.

27 April 2018

News/Innovation

Top European banks gather to debate the merits of AI

Finextra has assembled an all-star cast of sponsors and speakers for next month's NextGen Banking London: the AI Revolution event, shedding light on a technology billed by Gartner as the most disruptive to engulf the enterprise over the next ten years.

27 April 2018

News/Innovation

BBVA uses Ether and Hyperledger to perform corporate loan deal

BBVA has closed a EUR75 million corporate loan deal with technology partner Indra, performing the complete process from negotiation to the signing of the loan over a mix of different public and private blockchain-based platforms.

26 April 2018

News/Innovation

Five European institutions join multi-bank innovation platform

Aareal Bank, BNP Paribas, Deutsche Bank, DZ Bank and NETS Group have joined with Silicon Valley-based innovation platform Plug and Play to create a fintech centre of excellence in Frankfurt.

25 April 2018

News/Innovation

Swift Business Forum London - live blog

Welcome to Finextra's live coverage of the Swift Business Forum London 2018. This event will focus on important issues affecting the financial industry, exploring how far and how fast the transformation of financial services will take place in the UK and beyond.

24 April 2018

News/Innovation

Global fintech funding hits record $5.4bn in Q1

VC-backed fintech firms raised a record $5.4 billion in the first quarter of 2018, boosted by a dozen mega-rounds of at least $100 million, according to the latest figures from CB Insights.

23 April 2018

News/Innovation

Sberbank prepares for a robotic future

Sberbank is collaborating with Russian venture capital outfit, Internet Initiative Development Fund, on a programme for accelerating intelligent robotics projects.

23 April 2018

News/Innovation

Irish central bank tunes in to fintech

The Central Bank of Ireland is launching an innovation hub and industry engagement programme to keep step with the evolving fintech and regulatory landscapes.

20 April 2018

News/Innovation

Innovation and risk under the spotlight in Canada

Rapid technological advancement was to the fore at the recent Swift Business Forum Canada, Toronto, where over 340 financial services professionals gathered to discuss the opportunities and threats that the financial services community faces

20 April 2018

News/Innovation

NAB and Alibaba Cloud explore opportunities for selling into China

National Australia Bank (NAB) and Alibaba Cloud, the cloud computing arm of e-commerce giant Alibaba Group, are jointly hosting a hackathon to explore new ways to help Australian small businesses sell their wares in China and better serve Chinese tourists.

20 April 2018

News/Innovation

Mosaic Smart Data to test deep space tech for financial markets

Capital markets data analytics company Mosaic Smart Data is exploring the potential for applying machine-learning models developed and used by the European Space Agency to financial markets.

19 April 2018

News/Innovation

China Construction Bank puts robots in charge of branch

China Construction Bank has opened a Shanghai branch staffed by robots and packed with facial recognition, artificial intelligence and virtual reality technology.

18 April 2018

News/Innovation

Open Banking ends managed roll out, paving way for new services

The UK's Open Banking initiative has completed its three-month managed roll out programme, leaving regulated firms free to start offering related services.

17 April 2018

News/Innovation

BBVA invests $50m in Chinese AI-focused fund

Spanish bank BBVA is pumping $50 million into an artificial intelligence-focused investment fund run by the former president of Google China.

17 April 2018