Innovation

3418 articles tagged with this keyword

/Innovation

BNP Paribas seeks to capitalise on employee 'intrapreneurship' with Alpha programme

BNP Paribas is hoping to unlock the entrepreneurial talents of its staffers through a new programme that sees employees from around the world invited to submit ideas that can help the bank succeed in the digital age, with the best pitches then developed in a startup-style environment.

/Innovation

Bank CIOs put AI, APIs and legacy modernisation at top of transformation agenda

Banking and investment services CIOs are increasingly convinced that their old business models and existing value propositions will not be sustainable in the future, according to a survey from Gartner.

/Innovation

Digital, connected, client-centric: a new model for corporate banking – new Finextra report

Corporates have made massive leaps in digitally transforming their services and it is ringing change within the corporate banking ecosystem. A new research paper from Finextra, produced in association with Oracle, explores the need for a new ecosystem.

/Innovation

UBS says 1,000 jobs Brexit exodus is "unlikely"

Swiss bank UBS has said that a migration of more than 1,000 jobs from London as a result of Brexit is "more and more unlikely" after receiving "regulatory and political clarifications".

/Innovation

Nordea to cut 6000 jobs as digital transformation progresses

Nordea is to cut 6000 jobs as it continues the task of preparing the bank for a digital future.

/Innovation

Forget fintechs, banks need to worry about Alibaba and Amazon

Banks may have seen off the challenge from fintech startups but they now face the far bigger threat of platform giants such as Amazon and Alibaba eating into their margins, warns a new report from consultancy McKinsey.

/Innovation

Hong Kong and Singapore joins forces on blockchain trade finance platform

Hong Kong and Singapore have dumped decades-old rivalry for trade flows in South East Asia and signed a fintech co-operation deal to foster the development of innovative financial technology across the region, beginning with a cross-border linkage of DLT-based trade finance platforms.

/Innovation

Capital One: What we learned about what our chatbot learned

Ken Dodelin, vice president and head of conversational AI products at Capital One reflects on the learnings from a six-month pilot trial of the company's new conversational chatbot Eno, as the interface is rolled out commercially to all customers.

/Innovation

Mastercard showcases augmented reality shopping

Mastercard and Qualcomm are showcasing an augmented reality shopping experience using smart shopping glasses and iris authentication to make payments.

/Innovation

ING demonstrates fintech collaboration model for instant lending

ING is demonstrating its commitment to fintech partnerships with the roll out of an online lending platform to SMEs in France and Italy, deploying digital technology from as many as five different third party firms to manage the process.

/Innovation

Ontario sets up fintech strategy panel

The Canadian province of Ontario has put together a team of financial services and technology experts to help it build a fintech strategy that boosts growth while protecting consumers.

/Innovation

Mastercard to roll out blockchain API

Mastercard is to open up access to its inhouse blockchain technology platform via an API which will be made available to developers at banks and retailers.

/Innovation

FCA issues sandbox progress report

Around 90% of firms that tested their products and service ideas in the first cohort of the Financial Conduct Authority's regulatory sandbox have progressed towards a wider market launch.

/Innovation

London fintech buoyant despite Brexit shadow

The office of the London Mayor is flying the flag for the UK capital's status as a post-Brexit fintech hotspot, reeling out a ream of favourable comparisons to other European destinations ahead of a trade mission to showcase local talent at the Money20/20 show in Las Vegas next week.

/Innovation

HSBC partners Bud for open banking trial

HSBC has enlisted fintech startup Bud for the latest stage of its foray into open banking, trialling an app that lets people see account information from all of their providers, as well as get money management tips and product suggestions - including from third parties.

/Innovation

Sibos 2017: How to profit from the data goldrush

The billion dollar question at today's Sibos Future of Money session: Who is going to be able to successfully extract the gold from the data mine and become the Amazon of the financial services world?

/Innovation

Sibos 2017: API or the highway

As PSD2 looms into view, open banking and APIs have been central to discussions at this year’s Sibos, with banks grappling with the threats and opportunities presented by the opening up of data.

/Innovation

SocGen appoints Woolley to run new innovation division in UK

Societe Generale is bidding to tap into London's booming fintech sector with the appointment of Anthony Woolley as head of innovation for the UK.

/Innovation

ECB invites expressions of interest for mobile app development challenge

The European Central Bank is inviting independent techies and vendors to develop a mobile app for its forthcoming instant payment settlement system that will let people and businesses send money anywhere in the euro area within seconds.

/Innovation

Fidelity exploits virtual reality for 'empathy training'

Fidelity is using virtual reality to transport staff into the homes of fictional customers so that they can see the impact of their responses to queries both during and after a simulated telephone call.