Innovation

3418 articles tagged with this keyword

/Innovation

Lithuania plans regulatory sandbox

Lithuania is bolstering its credentials as an EU-friendly destination for Brexit startup refugees with the proposed opening of a regulatory sandbox for aspiring firms to test their products ahead of commercial roll out.

/Innovation

Square stock rises on bigger deals

Shares in payments upstart Square have surged after the company pushed revenues above expectations on the basis of more sales to larger retailers.

/Innovation

Former Deutsche COO takes stake in DLT venture Cobalt

Cobalt, the FX post-trade processing network based on shared ledger technology, has closed an investment from Henry Ritchotte, the former Deutsche Bank COO who will also become a member of the startup's strategic advisory board.

/Innovation

Fidor to run fintech education programme in Singapore

German direct bank Fidor is opening an Asia-Pacific base in Singapore with a pledge to spend EUR500,000 on training students and lecturers at the island state's five local polytechnics on the development of fintech applications for its digital banking platform.

/Innovation

Oxford University launches online fintech course

Fintech is coming to the hallowed (virtual) halls of Oxford, thanks to an online programme from the university's Saïd Business School.

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USAA pilots conversational AI on Amazon Alexa

Military bank USAA is tapping AI technology from Clinc for a pilot that will let members check their balances and spending patterns by talking to Amazon's Alexa.

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RBC customers can now ask Siri to pay their bills

Royal Bank of Canada (RBC) has revamped its app, enabling customers to ask Apple's Siri assistant to pay their bills on iPhone and iPad.

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Blockchain-friendly banking startup Fiinu names Andy Briscoe chairman

Fiinu, a UK startup building a "blockchain-friendly" bank has added a pair of senior financial services industry veterans to its board.

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Sydney set to challenge Singapore as global fintech hub

The Committee for Sydney, an independent think tank championing the Australian city's potential as an economic hub, is calling for fresh impetus from the NSW Government to boost the fintech ecosystem.

/Innovation

Positive outlook for instant payments drives IT spend at EU banks

Sixty-two percent of European financial institutions expect to increase spending on payments technology throughout 2017, driven by the revenue-generating opportunities of instant payments and the need for increased operational efficiency.

/Innovation

Digital sales reach record high at BBVA

Spanish bank BBVA is reporting nearly a million product sales through purely digital channels in June.

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Hong Kong banks back fintech career accelerator scheme

Hong Kong's banks have banded together to sniff out the island's top emerging financial technology talent, inviting more than 70 students to sign on to lengthy fintech internships.

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RBS to spend £885 million on promoting new entrants to resolve state aid obligations

Royal Bank of Scotland is in line to spend a maximum of £885 million on funding fintech startups and challenger banks under a compromise agreement between the European Commission and the UK Government over the bank's state aid bail-out.

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Overstock's Medici Ventures takes stake in Symbiont

Medici Ventures, the blockchain roll-up platform of e-commerce retailer Overstock, has made an undisclosed investment in Symbiont.

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Santander looks to smooth fintech integration with BiBox

Santander Global Corporate Banking has turned to UK startup BiBox to help it more quickly and easily integrate technology from fintech startups.

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US firm to implant employees with RFID chips

An American company is inviting employees to get RFID chips that can be used to buy food in the office break room implanted in their hands.

/Innovation

Citi taps into Cornell Tech talent

Citi is teaming up with Cornell University, leasing space at the Ivy League school's engineering campus in order to engage with students and faculty on areas such as blockchain and machine learning.

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Sydney fintech hub Stone & Chalk to open up in Melbourne

Sydney fintech hub Stone & Chalk is extending its reach into Victoria, with founding CEO of Fintech Victoria, Alan Tsen, at the helm of its new Melbourne-based operations.

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Industry task force sets out US path to faster payments

A task force made up of hundreds of industry players brought together by the Federal Reserve has set out 10 recommendations to make payments in the US faster and more accessible by 2020.

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Credit scoring startup Aire raises $5m; wins Zopa deal

AI-based credit scoring startup Aire has raised $5 million in a Series A funding round and won deals to work with P2P lending pioneer Zopa and the UK arm of Toyota Financial Services.