Latest Innovation News: Finextra Research

NatWest partners with EV8 Switch to help UK drivers go green

NatWest has today announced it is teaming up with new space-enabled app, EV8, to support customers in their switch to electric vehicles.

09 September 2021

News/startups

Marshmallow announces Series B funding round

InsurTech Marshmallow has raised $85m as part of its Series B funding round – making it the UK’s latest tech unicorn.

08 September 2021

News/sustainable

ING reveals $12.4 trillion required to green Asia's transport sector

Powering a new generation of net-zero transport with clean energy – in China, Japan, and South Korea – will cost US$12.4 trillion, a ING bank report has just revealed. This equates to over 90% of China’s 2020 GDP.

08 September 2021

News/retail

Smart finance startup W1TTY secures UK licence

New challenger, W1TTY, has just secured a licence from the Financial Conduct Authority (FCA) to roll out services in Britain early next year.

27 August 2021

News/sustainable

BIS to investigate tokenised green bonds

The Bank for International Settlements Innovation Hub has started its first green finance project, Genesis, which will explore the tokenisation of green bonds enabling investment in small denominations, combined with real-time tracking of environmental outputs.

24 August 2021

News/payments

Blackhawk Network partners with Disneyland in QR code offering

With live events beginning to make a comeback, Blackhawk Network has partnered with Disneyland to launch a contactless ticket purchasing solution at retail locations across California.

23 August 2021

News/cloud

NAB, CIBC, Itaú Unibanco and NatWest launch open finance challenge

NAB, CIBC, Itaú Unibanco and NatWest Group have joined forces with Amazon Web Services to run a global open finance challenge, inviting fintechs, universities and other large organisations to prototype and develop new digital banking services.

16 August 2021

News/retail

Comparing progressive vs traditional banks’ digital progress post Covid-19

Providing a view into the status of financial institutions digital transformation across the US, banking consultancy CCG’s recent survey ‘The Banking Battleground: Views From the C-Suite’ considers the attitudes and capabilities of banks toward digital in a post-pandemic world.

08 July 2021

News/devops

Credit Agricole CIB kickstarts quantum project

The corporate and investment banking arm of CIB has teamed up with Pasqaland and Multiverse to explore applications for quantum computing in finance.

30 June 2021

News/identity

EBAday 2021: Payments leaders race to perfect digital identity solutions

The European Commission recently announced its plans to deliver a digital identity and wallet framework in a matter of years. Stating that “there is no time to lose”, the Commission is urging member states and the private sector to work in collaboration to deliver its first toolbox by September 2022.

25 June 2021

News/payments

Amazon opens Fintech Lab in Dubai

Amazon is opening a Fintech Lab at Dubai's DIFC Innovation Hub, working with startups and partners to provide a forum for new directions in digital payments.

21 June 2021

News/payments

EBAday 2021: The next chapter for Open Banking in Europe

With the payments industry in a state of post-pandemic flux, it is difficult to predict what the next iteration of Open Banking will take across Europe.

18 June 2021

News/inclusion

UN International Day of Family Remittances: 2020 beats forecasts

Launched in 2015 to build awareness of the contribution that migrant workers make to economies of their home countries, the UN’s International Day of Remittances (IDFR) this year welcomes a more positive picture than had been predicted by the World Bank.

16 June 2021

News/regulation

Governor Bailey encouraged by progress around ‘critical innovation’ of CBDC

At the launch of the Bank for International Settlements’ (BIS) fourth Innovation Hub in London, Governor Andrew Bailey expressed positivity around the work currently being carried out by the Bank of England on central bank digital currencies.

11 June 2021

News/regulation

BIS opens fourth Innovation Hub in London

The Bank for International Settlements has opened its fourth innovation hub in London.

11 June 2021

News/payments

EBAday 2021: new speakers announced

Finextra and the Euro Banking Association are thrilled to announce a fresh slew of speakers, guaranteed to draw out the detail and depth of European payments during EBAday 2021.

11 June 2021

News/startups

Walletmor rolls out payment implants

British-Polish startup Walletmor has lunched the ultimate contactless wearable, a biopolymer payment device that can be implanted just under the surface of the skin.

07 June 2021

News/identity

EU announces European Digital Identity and Wallet framework

The European Commission today proposed a framework for a European Digital Identity to be available to all EU citizens, residents and businesses in the EU as early as September 2022.

03 June 2021

News/payments

Digiseq enables users to pair their chip cards to a wearable with a phone tap

Digiseq is announcing a wearables breakthrough through a mobile app that can turn any supported object embedded with an NFC chip into a contactless payment device.

21 May 2021

News/payments

EBAday 2021 speaker line-up released

A blockbuster speaker line-up has been announced for Finextra and the Euro Banking Association’s upcoming EBAday event for 2021.

19 May 2021