3418 articles tagged with this keyword
News/Innovation
HSBC is throwing its weight behind the robo-advisory movement, announcing plans to use data and algorithms to deliver tailored advice and make personal recommendations based on an individual’s circumstances.
01 June 2017
Three of the UK’s biggest mortgage providers have hit rock bottom when it comes to providing an easy-to-navigate online access point, according to research from financial experience design agency Dock9.
Ditching cash in favour of mobile payments for loan repayments provides huge benefits to Kenyan farmers, reducing costs, uncertainty, inefficiency and insecurity, a new UN study shows.
Research among 15,000 consumers conducted by ING finds that only two percent would trust a fully automated robo-adviser to invest their money on their behalf.
31 May 2017
Major Spanish banks are backing a multi-sector national project to create a digital identity system based on smart contracts.
BNP Paribas is the latest financial services firm to dabble in virtual reality, unveiling a VR-based app for retail banking customers and a 'teleportation' capsule for home buyers.
30 May 2017
Staffers in Barclaycard's works canteen are trying out a new mobile app to scan and pay for their shopping using their smartphone, without the need to visit a physical checkout.
Bank of Montreal is bidding to strengthen its fintech partnership ties with the launch of a second four-month accelerator programme with the DMZ incubator at Ryerson University.
Did someone cancel the fintech revolution or has it just been delayed? That's the question posed by a new report on the UK scene, which argues that new entrants have failed to lure customers from incumbents and that VC money has started to dry up.
29 May 2017
Two Australian fintech associations have welcomed a commitment by the country's securities regulator to step up research and investment in technologies that could help ease the compliance burden for new companies entering financial services.
26 May 2017
Following a year-long experiment, the Bank of Canada says that distributed ledger technology is not ready to act as the backbone of a wholesale interbank payment system.
25 May 2017
Worldpay is experimenting with the use of virtual reality to provide genuine card transactions for users immersed in a computer-generated environment.
The power of digital payments to drive financial inclusion and social justice emerged as a key theme on the first day of the Payments Canada Summit in Toronto.
The Dubai Financial Services Authority is to allow fintech firms to apply for a restricted six-to-12-month financial services license in order to test out innovative new products and services on the ground.
24 May 2017
New research from HSBC has found that people would rather put their faith in a robot to perform open-heart surgery than trust one to open a savings account or provide mortgage advice.
BBVA is making eight of its APIs commercially available to companies, startups, and developers worldwide, enabling the integration of customer banking data with third party products and services.
The Monetary Authority of Singapore (MAS) has teamed up with World Bank Group member IFC to encourage fintech innovation in Asia through the establishment of an Asean Financial Innovation Network (Afin).
ING is taking a humanoid robot on a tour of its Dutch branches to teach kids how to manage their money.
In the largest funding round in the history of distributed ledger technology, the R3 consortium has raised $107 million from around half of its members as well as Intel and Temasek Holdings.
23 May 2017
Global regulatory bodies are calling for increased scrutiny of credit offerings from fintech-based alternatives to traditional banks.
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