Innovation

3418 articles tagged with this keyword

/Innovation

Local banks back Ohio fintech accelerator

A collection of Ohio financial services firms, including KeyBank and FifthThird, have banded together to back a new fintech accelerator in the state.

/Innovation

Australian budget promises a raft of reforms to boost fintech

Open financial data reforms, a loosening of capital restrictions and barriers for banking licences, an expanded regulatory sandbox and digital currency tax cuts are among the major initiatives in the 2017-18 Australian budget welcomed by Australia’s fintech community.

/Innovation

Swift Business Forum, Nordics - live blog

Welcome to Finextra's live coverage of the Swift Business Forum in Stockholm. This event will explore how banks can think in new and innovative ways as different business models impact the majority of existing banking revenues.

/Innovation

Fintech coalition formed to fight EBA plans to outlaw screen scraping

Sixty organisations representing a broad cross-section of fintech businesses across Europe have joined forces to protest against new rules by the European Banking Authority that would ban screen scraping of customer data from online banking interfaces under the revised Payment Services Directive (PSD2).

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Nordea ships staff to Stockholm Fintech Hub

Nordea is to relocate a number of staff into Stockholm Fintech Hub to collaborate on-site with startups from across Sweden.

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China's Ping An preps $1bn overseas fintech and healthcare fund

China's Ping An Insurance Group has hired Citi veteran Jonathan Larsen to lead a new $1 billion overseas fund than will focus on investing in financial and healthcare technology.

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OCC fintech charter plans in jeopardy as Curry departs

Proposals by the US Office of the Comptroller of the Currency to issue special purpose banking charters to fintech firms are up in the air following the departure of leading advocate Thomas Curry and his replacement as acting head of the Federal agency by Simpson Thacher & Bartlett partner Keith Noreika

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Credit union consortium to demo digital identities on distributed ledger network

A US consortium exploring potential use cases for distributed ledger technology in the credit union industry is set to conduct its first live demonstration of a digital identity service next week.

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Delivery plan agreed for consolidation of UK payment schemes

The UK's Payment Systems Regulator and the Bank of England have agreed a framework for the consolidation of Bacs, the Cheque and Credit Clearing Company and the Faster Payments Scheme.

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RBS gives AI a helping hand with 'hybrid bots'

The Royal Bank of Scotland is rolling out a customer service "hybrid bot" from vendor LivePerson that hands over to a human colleague if questions flummox its artificial intelligence.

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Eight startups Rise up with Barclays

Barclays Bank is entering formal engagements with eight of the 11 startups to pass through its latest fifteen-week accelerator programme and spinning out an internal team as a separate company.

/Innovation

Hyundai builds bespoke 'Contactless Car'

Hyundai is launching a 'Contactless Car' in the UK capable of accepting donations for national charity Stand Up To Cancer.

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Singapore rolls out document-free account opening pilot

The Singapore Government has begun trials with four banks of a digital onboarding service that enables citizens to register for new accounts without the need to provide supporting documentation.

/Innovation

BNP Paribas signs global Snapchat deal

BNP Paribas is strengthening its ties to Snapchat, signing a global partnership deal with the teen-friendly video sharing platform in an attempt to boost its profile among the millennial generation.

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Barclays opens Europe's largest fintech site

Barclays has opened an innovation centre in London's hipster capital Shoreditch housing internal banking and technology teams alongside more than 40 fintech startups.

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Québec watchdog opens fintech lab and joins R3

The Autorité des marchés financiers (AMF), Québec's financial services regulator, has joined the R3 consortium and set up a fintech lab to help it study new technologies, such as blockchain.

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ANZ to blast through IT hierarchies with agile development play

ANZ is following the lead taken by top tech companies such as Google and Spotify by laying waste to middle management in IT and moving to an agile self-directed approach to new product development.

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What does the future of banking look like?

Derek White, BBVA global head of customer solutions, takes a tour of the new digital technologies that are set to reshape banking.

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European fintech funding enjoys buoyant quarter while US market tanks

VC funding to fintech companies in Europe spiked in Q1, while US deal activity cooled, according to the latest figures from CB Insights.

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Pennies partners Ingenico to bring digital charity boxes to the checkout

Digital charity box Pennies has teamed up with POS terminal maker Ingenico to make it easier for Brits to give money to good causes at the checkout.