3418 articles tagged with this keyword
News/Innovation
A research paper has revealed a level of scepticism among Asia Pacific banks when it comes to joining forces with fintechs.
13 April 2017
A survey of small business credit published by the Federal Reserve Bank of New York has revealed that online lenders are less popular with small and medium enterprises (SMEs) than big banks.
Ripple has stepped up its rivalry with Swift, poaching Marjan Delatinne, who had been business director at the messaging network's new gpi programme - an offering Ripple has loudly trashed.
Phillip Hammond, the UK Chancellor, has highlighted the critical role played by fintech in helping the UK to mitigate any negative economic impact that may result from Brexit.
12 April 2017
The European Central Bank (ECB) has stated that blockchain technology lacks the necessary maturity to be part of its market infrastructure.
The UK's Financial Conduct Authority (FCA) has called for an international regulatory framework to be applied to fintech startups in order to prevent a 'Wild West' approach to governance of the sector.
11 April 2017
Visa is bringing its Everywhere Initiative to Europe, dangling a EUR50,000 prize in front of fintech startups, inviting them to pitch ideas that link digital payments with local communities and travel.
The Hong Kong Monetary Authority (HKMA) has teamed up with local banks and the R3 consortium to explore the creation of a central bank digital currency.
Fintech has become a truly global phenomenon, with hubs popping up in cities around the world, although established players such as London and Singapore continue to be the top centres, according to a report by Deloitte.
10 April 2017
A London-based start-up claims it is the first shariah-compliant fintech to be given regulatory approval in the UK.
A strong line-up of challenger banks, established banks and fintech startups will take to the podium at Finextra's forthcoming NextGen banking event in London on 9 May to debate the disruptive forces reshaping the banking sector.
07 April 2017
South African developer community OfferZen is conducting a private beta of a programmable bank account that lets coders create new services to meet their personal requirements.
Banks and asset managers are being hampered in their efforts to work with fintech firms by the desire to own intellectual property (IP), according to research from law firm Simmons & Simmons.
Fearful that they could lose massive chunks of their revenue to standalone fintech challengers, UK financial services firms are looking to neutralise the threat by acquiring and forming partnerships with their potential new rivals.
06 April 2017
Ingenico is bringing scratch cards, slot machines and wheels of fortune to online checkout screens and instore eftpos in an effort to improve conversion rates for merchants.
SocGen is burnishing its open source credentials by sponsoring an initiative by Inria, the French National Institute for computer science and applied mathematics, to create a global library of source code.
An R3 academic paper on central bank digital currencies (CBDCs) investigates the relative merits of a public network-based retail Fedcoin option and the private, permissioned wholesale CAD-coin alternative.
05 April 2017
Oval Money, a social savings app that combines machine learning with crowdsourced tips, has come out of closed beta in the UK.
With more than 20,000 conversations logged since its launch in January, OCBC Bank is lauding the success of its specialised home and renovation loan chatbot service, Emma.
Finland's OP Financial group has signed a deal with Silicon Valley-based Token to use the startup's API-based transaction network to prepare for a new era of payments arising from the forthcoming implementation of the PSD2 Directive.
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