Innovation

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Central Bank of Bahrain debuts regulatory sandbox

/Innovation

Central Bank of Bahrain debuts regulatory sandbox

The Central Bank of Bahrain has opened a regulatory sandbox for fintech firms worldwide to test their technology ahead of live deployment in the Kingdom.

Swift Business Forum, New York - live blog

/Innovation

Swift Business Forum, New York - live blog

Welcome to Finextra's live coverage of the Swift Business Forum in New York. This event will focus on the key issues affecting the financial industry, including banking, payments, and securities. Cyber security will also be a hot topic, in light of the announcement of Swift's Customer Security Programme.

NatWest opens corporate digital design studio in Bristol

/Innovation

NatWest opens corporate digital design studio in Bristol

NatWest is to move 80 tech staff to a new 'digital centre of excellence' in Bristol UK as it prepares for the imminent roll out of new online banking and mobile services for corporate customers.

Asset managers fear disruption as digital technology comes of age

/Innovation

Asset managers fear disruption as digital technology comes of age

Typically sluggish adopters of new technology, asset managers are slowly waking up to the threats posed by the emergence of faster and cheaper digital rivals, with fully 80% of industry participants expecting significant disruption in the industry over the next ten years.

Emirates Islamic to put cheques on a blockchain

/Innovation

Emirates Islamic to put cheques on a blockchain

Emirates Islamic is to use a combination of QR codes and blockchain technology to bolster fraud prevention for old-fashioned paper cheques.

BBVA sets up Global Patent Office

/Innovation

BBVA sets up Global Patent Office

BBVA has set up a Global Patent Office to work with inhouse engineering and development teams to protect IP rights in new products as they emerge from the laboratory.

Nasdaq joins €7M funding round in French blockchain outfit Stratumn

/Innovation

Nasdaq joins €7M funding round in French blockchain outfit Stratumn

Nasdaq has joined a €7M series A funding round in a French startup, Stratumn, which utilises distributed ledger technology and advanced cryptography to streamline and secure the exchange of regulatory reporting data.

Only banks that become 'digital houses' will survive forthcoming disruption - BBVA chief

/Innovation

Only banks that become 'digital houses' will survive forthcoming disruption - BBVA chief

BBVA chairman Francisco González says that banks need to shed their past and image as 'incumbents' and transform into new digital technology companies if they are to prosper in a banking environment dominated by technologically astute competitors.

Winning in the digital moment; Leading banks explain what it takes

/Innovation

Winning in the digital moment; Leading banks explain what it takes

A stellar line-up of 27 senior bankers and fintech experts will be onstage at the Finextra SAP Financial Services Forum in London next month to detail winning strategies for banks competing in a digitally-driven business market.

Kasikorn Bank opens $30 million fintech war chest

/Innovation

Kasikorn Bank opens $30 million fintech war chest

Thailand's Kasikorn Bank has launched a $30 million fintech fund to invest in startups across South East Asia as well as Europe and China.

SocGen extends fintech collaboration mission to Germany

/Innovation

SocGen extends fintech collaboration mission to Germany

Societe Generale is sending a dedicated team of staffers to collaborate with fintech startups in Germany through a partnership with Berlin-based innovation hub, Factory.

Australia's NAB and Westpac back data sharing startup Basiq

/Innovation

Australia's NAB and Westpac back data sharing startup Basiq

Australian open API startup Basiq has gained seed funding from Nab Ventures and Westpac-backed startup vehicle Reinventure as the country's banks prepare for a new era of client data sharing.

Social payments startup Plynk raises EUR25 million

/Innovation

Social payments startup Plynk raises EUR25 million

A Dublin-based social payments outfit founded by former Facebook and Wonga staffers Charles Dowd and Clive Foley has raised €25 million in a Series A funding round led by private investment trust, Swiss Privée.

FinTech50: London continues to dominate European scene

/Innovation

FinTech50: London continues to dominate European scene

The Brexit cloud may loom large but, for now, the UK remains at the centre of Europe's financial technology scene, home to nearly two thirds of the firms that make it into this year's FinTech50.

Vietnam's TPBank to roll out video bank branches

/Innovation

Vietnam's TPBank to roll out video bank branches

Vietnam's TPBank is to augment its branch network with the introduction of tech-oriented, small-scale video banking branches.

OCBC Bank rolls out HR app and chatbot for employees

/Innovation

OCBC Bank rolls out HR app and chatbot for employees

OCBC Bank is putting HR in the pockets of its employees with a mobile app and chatbot integrated with the bank's human resources information system.

Indian banks to work with five Startupbootcamp Mumbai graduates

/Innovation

Indian banks to work with five Startupbootcamp Mumbai graduates

Five of the eleven startups graduating from Startupbootcamp's 2017 Indian accelerator programme have secured pilots with bank sponsors RBL and Icici.

Digital with a human touch

/Innovation

Digital with a human touch

Is technology destroying the quality of human interaction, asks Standard Chartered Bank’s Group CIO, Dr Michael Gorriz.

Fifteen startups selected for EBAday Fintech Pavillion

/Innovation

Fifteen startups selected for EBAday Fintech Pavillion

Finextra and the Euro Banking Association have selected 15 of Europe's most promising startups to present their ideas to banking delegates attending EBAday 2017, the continent's leading payments and transaction banking event.

ANZ brings in former IBM CIO Smith for agile push

/Innovation

ANZ brings in former IBM CIO Smith for agile push

ANZ is following through on its promise to shift to agile methodologies in IT development by adding Jeff Smith - the man who, as CIO, led the agile charge at IBM - to its international technology advisory panel.

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