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News/Innovation
Registration has opened for EBAday 2017, Europe's pre-eminent payments conference and exhibition, which will be staged this year in Dublin.
17 February 2017
IBM has struck a deal with Visa which will give all of Big Blue's Watson IoT platform customers access to the card giant's payment services, potentially turning billions of cars, fridges, sneakers and other connected devices into points of sale.
16 February 2017
Dutch bank ING has set up a transformation 'war room' to speed up communication and decision-making and provide a global overview of its progress to becoming a digital bank.
Madrid-based online reputation startup Traity has launched a chatbot that uses an "open blockchain balance sheet" to provide micro-insurance for people carrying out P2P transactions
UK innovation agency Nesta has launched a £5 million prize fund to inspire the creation of new products and services using Open Banking APIs.
15 February 2017
New Jaguar owners can now use their car’s touchscreen to pay for fuel at Shell service stations in the UK using PayPal or Apple Pay.
German Banking-as-a-Platform (BaaP) startup solarisBank is in the process of raising EUR30 million in a Series B funding round as it gears up to go live with a host of fintech firm partners, Finextra understands.
Fintech startups are setting new standards for customer control and experience, forcing high street banks to up their game, says UK charity the Fairbanking Foundation.
BBVA is offering a €10,000 cash incentive to participants in a contest to discover a new model for banking in a low interest rate environment.
14 February 2017
Financial services organisations are adopting DevOps approaches faster and with more decisiveness than other industries as they bid to head off competition from an encroaching army of nimble startups, according to research from Vanson Bourne.
Promising to bridge the divide between financial institutions and developers, UK startup TrueLayer has launched the private beta of its API platform for accessing bank data.
The Monetary Authority of Singapore (MAS) continues its relentless march towards the digital future through the creation of a data analytics group.
US military bank USAA is to locate 120 staffers at a new design studio in Austin, Texas, to focus on ways to improve the user experience of customers and staff using digital channels.
13 February 2017
Royal Bank of Scotland is to open a fintech accelerator and relationship hub for startups at its Gogarburn headquarters in Edinburgh.
Wells Fargo is putting the finishing touches to its innovation programme, creating new divisions to focus on emerging opportunities in payments, artificial intelligence and APIs.
10 February 2017
The Bank of England's new fintech accelerator is already bearing fruit. Following a successful proof-of-concept, one of the participants, Anomali, has been enlisted to help the bank monitor and mitigate cyber threats.
Innovate Finance is seeking input from UK financial services participants on the establishment of an industry sandbox, creating a neutral space where banks, fintech startups and the wider development community can share and extract data for off-market testing of new applications.
Standard Chartered has launched an Open Banking Application Programming Interface (API) Developer Portal with an initial focus on its transaction banking business.
Often viewed as a bellwether for advances in banking technology, the Nordic markets are experiencing a significant spike in collaboration between banks and fintech startups.
In the wake of announcing plans to double IT spending over the next three years, BNP Paribas has moved to strengthen its relationship with Silicon Valley's Plug and Play incubation initiative.
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