Innovation

3418 articles tagged with this keyword

/Innovation

Bank/fintech collaboration can take transaction banking to new heights

With banks and emerging technology companies bringing a raft of new innovations and business models to the industry, Claudio Camozzo and Jan Kupfer, global co-heads of Global Transaction Banking at UniCredit, argue that bank-fintech collaboration alongside a customer-focused approach is essential to seize – and maximise – the opportunities at hand.

/Innovation

Enterprise Ethereum Alliance triples in size

Corporate support for the Enterprise Ethereum Alliance is gathering momentum, with 86 new companies adding their weight to the initiative to promote the uptake of Ethereum as the foundation for running smart contracts in Fortune 500 enterprises

/Innovation

UK SMEs missing out on £1.6bn by not accepting 'next gen' payments

Small and medium sized enterprises are missing out on an estimated £1.6 billion by not accepting next generation payments technology such as one-click ordering and 'conversational' transactions, according to research from Barclaycard.

/Innovation

Banks must get on AI bandwagon now – new Finextra research

Big data, faster processing and cheap storage make it possible to turn the vision of AI in banking, developed over decades, into reality – today. The technology will only improve, and not engaging now would be to run the risk of falling behind never to catch up, finds a new Finextra research paper.

/Innovation

Google and PayPal partner for mobile shopping by fingerprint

Android Pay users that have linked their PayPal accounts will soon be able to pay for goods when mobile shopping using the Chrome browser with just just a touch of their fingerprint.

/Innovation

CFTC sets up fintech office

The US Commodity Futures Trading Commission (CFTC) is setting up a fintech Lab that will work with startups to drag the agency into the digital age.

/Innovation

Time for data-driven banking to come of age

Standard Chartered group chief information officer, Dr Michael Gorriz says that banks need to develop new strategies for how to harness their data assets to spur growth.

/Innovation

DrnkPay app blocks credit cards if you've had too much to drink

A new mobile app is promising to help users avoid drunken late night impulse spending by linking credit and debit cards to a breathalyser and, if too much has been imbibed, barring certain purchases.

/Innovation

European banks lobby Commission to push ahead with screen scraping ban

European banks say that privacy of client data, cybersecurity and innovation are at risk should the European Commission bow to the demands of fintech firms and backtrack on plans to ban screen-scraping under the revised Payment Services Directive, PSD2.

/Innovation

Citi appoints Gulru Atak Dublin innovation head

US bank Citi has appointed Gulru Atak, an executive at its Turkey business, as head of its innovation lab in Dublin.

/Innovation

UK consumers ready to swap banks for tech giants

Nearly a third of UK consumers would consider using Amazon, Google, Facebook or Apple for banking services, while 48% would be happy for banks to share their transaction data with trusted third parties if it gave them a more personalised experience.

/Innovation

Strengthening Toronto fintech ecosystem should be top priority - report

Toronto has the potential to be a strong fintech hub but, without a clear strategy and private and government support, the Canadian city could also see its position in the global pecking order slide, suggests a new report written by Accenture and McMillan.

/Innovation

China central bank sets up fintech committee

The People's Bank of China has set up a committee that will investigate the impact of fintech on monetary policy and financial markets as well as how big data and AI can be used for regulatory oversight.

/Innovation

EBAday 2017: Towards full payments digitalisation

A host of board directors, chief financial officers and payments and technology heads from Europe's leading banks have confirmed their participation in the conference programme for the twelfth annual EBAday, taking place this year in Dublin between the 20th and 21st June.

/Innovation

CIBC opens Waterloo data lab

The Canadian Imperial Bank of Commerce (CIBC) is backing a new data hub in the city of Waterloo, posting a team of data scientists at the spot to work with local students and fintech startups.

/Innovation

Monzo puts API development on the back burner

Digital bank Monzo is putting its API developer plans on ice as it faces up to the challenge of launching current accounts for its 190,000 customers.

/Innovation

'Alexa, open Amex'

American Express cardholders can now use Amazon's Alexa to check their account balance, review recent charges, make a payment and find out about new offers from the card scheme.

/Innovation

Mizuho and World Innovation Lab to establish fintech joint venture

Mizuho is joining forces with World Innovation Lab to create a joint venture company that will pair with startups from Japan and the US to create new business services utilising fintech innovations and the Internet of Things.

/Innovation

KPMG acquires fintech matchmaking firm Matchi

KPMG is looking to cash in on the growing trend for bank/startup collaboration with the acquisition of fintech matchmaking platform Matchi.

/Innovation

BNP Paribas to become startup bank for Parisian version of Silicon Valley

BNP Paribas is to locate its Plug and Play accelerator at Parisian startup campus Station F as part of a partnership programme that will see the bank become a first port of call to meet the financing needs of emerging technology firms at the site.