Latest Innovation News: Finextra Research

UN taps BBVA API card data for climate change project

Spanish banking group BBVA is contributing information on card transactions to a United Nations project trying to tap big data to combat climate change.

22 March 2017

News/Innovation

Deutsche Bank opens New York innovation lab

Deutsche Bank has opened an innovation lab in New York, its fourth globally after Silicon Valley, Berlin and London.

21 March 2017

News/Innovation

Talk to the phone: Samsung unveils Bixby

Samsung has unveiled Bixby, a voice-activated intelligent assistant to rival Apple's Siri and Amazon Alexa.

21 March 2017

News/Innovation

Westpac wants to take over your messaging keyboard

Westpac is working with Israeli-based startup PayKey on technology to add banking options to the bottom of a screen on a messaging app.

21 March 2017

News/Innovation

Icici unveils mobile app for rural Indians

Icici has unveiled a mobile app specifically designed for India's huge rural population, providing a host of banking services as well as useful information such as crop prices.

21 March 2017

News/Innovation

Can banks really win in the payments business of the future? – new Finextra report

New research from Finextra finds that banks must re-evaluate their role in the payments industry due to growing demand from digitally driven customers, new regulation, pioneering technology and the need to prioritise innovation over legacy.

20 March 2017

News/Innovation

G20 urged to set up central bank blockchain consortium

The central banks of the G20 countries should set up a blockchain consortium to study the technology, investigating areas such as the creation of digital national fiat currencies, says a report from the Centre for International Governance Innovation (Cigi).

20 March 2017

News/Innovation

SecureKey taps IBM to put identity on the blockchain

IBM has rolled out an enterprise-ready build-your-own blockchain platform and announced a collaboration with Canada's SecureKey on the commercial development of a federated identity service using the Hyperledger Frabric.

20 March 2017

News/Innovation

Zopa's Giles Andrews to take the chair at MarketInvoice

The father of the peer-to-peer lending industry Giles Andrews is to take on the chairmanship of invoice finance platform MarketInvoice, while retaining his seat at the board of online lender Zopa.

20 March 2017

News/Innovation

BNP Paribas whittles down startup field for second annual accelerator

BNP Paribas has selected eleven startups from a field of 198 applicants to participate in its second international accelerator programme.

20 March 2017

News/Innovation

Indonesia promotes financial inclusion with regtech conference

An upcoming event that could boost financial inclusion in Indonesia is ready to kick off on Wednesday.

17 March 2017

News/Innovation

Poland's Alior to slash branch network in 'digital disruptor' push

Poland's Alior Bank is vowing to cement its place as a leading 'digital disrupter' over the next three years, slashing the size of its branch network and pumping money into technology.

17 March 2017

News/Innovation

Bank of England sets up fintech Community; runs blockchain and AI trials

The Bank of England's fintech accelerator programme has launched a new community forum for innovation talks and two new proof of concept trials exploring the use of AI and distributed ledgers.

17 March 2017

News/Innovation

Chinese fintech fund makes US startup investments

CreditEase, a $1 billion fintech investment fund operating out of China, has announced a series of investments in US-based financial technology startups.

17 March 2017

News/Innovation

Law firm Addleshaw Goddard picks fintech startups for mentoring programme

Addleshaw Goddard is the latest law firm to buddy up to the fintech community, picking seven startups to join a 12-month programme that will include legal advice and mentoring.

17 March 2017

News/Innovation

Bangkok Bank launches fintech accelerator

Bangkok Bank is on the hunt for startups with fresh ideas for banking in Asean markets through the launch of a new accelerator programme in collaboration with early-stage VC Nest.

16 March 2017

News/Innovation

NYDFS steps up war of words with OCC over fintech charter plans

New York's State Department of Financial Services (NYDFS) has re-ignited its war of words with the Office of the Comptroller of the Currency (OCC) over plans to offer bank charter status to qualifying fintech firms.

16 March 2017

News/Innovation

Starling Bank spreads its wings (and crashes)

Starling Bank is finally spreading its wings, releasing a beta version of its current account app to customers on its waiting list.

16 March 2017

News/Innovation

Poland's mBank sets up EUR50 million fintech fund

Poland's mBank has set up a EUR50 million fintech investment fund and accelerator project to invest in startups in Central and Eastern Europe.

16 March 2017

News/Innovation

Middle East and North Africa braces for fintech boom

The Middle East and North Africa (Mena) is set to experience a boom in fintech innovation over the next three years, propelled by a large unbanked population, VC inflows and the rapid emergence of a host of new startups, according to a state of the nation report prepared by local payment services outfit Payfort and entrepreneurial platform Wamda.

16 March 2017