Innovation

3418 articles tagged with this keyword

/Innovation

HSBC boards the robo-advice train

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.

/Innovation

UK banks failing customers in digital mortgage market

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.

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Mobile money provides boost to Kenyan farmers

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.

/Innovation

ING tackles robo-advisory conundrum

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.

/Innovation

Spanish banks back multi-sector DLT project

Major Spanish banks are backing a multi-sector national project to create a digital identity system based on smart contracts.

/Innovation

BNP Paribas jumps into virtual reality

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.

/Innovation

Barclaycard trials personal 'pocket checkout' in staff canteens

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.

/Innovation

Bank of Montreal invites startups to join fintech incubator

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.

/Innovation

Did someone cancel the fintech revolution?

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.

/Innovation

Regtech rises up the agenda in Australia

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.

/Innovation

Bank of Canada says DLT not ready for interbank payment system

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.

/Innovation

Worldpay creates VR payments prototype

Worldpay is experimenting with the use of virtual reality to provide genuine card transactions for users immersed in a computer-generated environment.

/Innovation

Digital payments to drive social justice

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.

/Innovation

Dubai encourages fintech with temporary financial services licence

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.

/Innovation

Robot heart surgeons more trusted than robot bankers

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.

/Innovation

BBVA launches Open API marketplace

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.

/Innovation

MAS joins forces with World Bank's IFC to push Asian fintech innovation

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).

/Innovation

ING Robot goes on tour to teach kids about money

ING is taking a humanoid robot on a tour of its Dutch branches to teach kids how to manage their money.

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R3 raises $107m

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.

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Financial Stability Board weighs in on fintech credit markets

Global regulatory bodies are calling for increased scrutiny of credit offerings from fintech-based alternatives to traditional banks.