3418 articles tagged with this keyword
News/Innovation
BNP Paribas has signed letters of intent with nine of the eighteen startups who made it to the final stages of the French bank's annual innovation hackathon.
09 December 2016
True artificial intelligence may still be some years off but the financial services industry is already beginning to reap the benefits of augmented intelligence, says a data scientist working on IBM's Watson.
08 December 2016
Citibank is rolling out a new mobile app that combines banking, wealth management and money movement features on a single biometrically-secured application.
Tullett Prebon Information and Irish risk analytics firm Quaternion have partnered to launch an open source risk project in collaboration with Columbia University’s FinTech Lab in New York.
The UK Government is appointing two fintech envoys to help Scotland realise the benefits of the boom in financial technology innovation.
Visa is collaborating with Hong Kong-based VC firm and incubator Nest to run a four-day fintech bootcamp in Nairobi for innovative startups in Africa.
The European Banking Authority is struggling to keep pace with the timetable for the delivery of Regulatory Technical Standards (RTS) for the revised Payments Services Directive (PSD2), after being overwhelmed by the large volume of responses to market consultations.
07 December 2016
US financial services giant Fidelity Investments is dabbling in virtual reality, exploring how the technology could help firms visualise employee savings and build retirement plans.
A Federal Reserve governor has cautioned fintech firms about the risks of using non-traditional data such as social media information to judge creditworthiness, warning that it could lead to them falling foul of fair lending laws.
05 December 2016
Irish fintech startup Leveris is set to raise €15m from investors for the launch of a new core banking platform comprising a full service, end-to-end digital retail bank and lending suite.
China has outpaced London, New York and Silicon Valley to become the world's undisputed global fintech leader, according to a report by DBS and Ernst & Young.
The US Office of the Comptroller of the Currency (OCC) is to begin accepting applications from fintech companies to become special-purpose national banks.
02 December 2016
Reinforcing its commitment to digital transformation, Spain's BBVA is holding a four-day board meeting in San Francisco, connecting with staff, startups and academics as it charts a path for banking in the 21st century.
Lithuania is looking to become the destination of choice for UK fintech firms seeking EU passporting rights in post-Brexit Britain.
The UK's banks are trailling their counterparts in Russia in their attitude to innovation and cybersecurity, delegates were told at the annual Russian-British Business Forum in London
Deutsche Börse is to create a new marketplace for trading virtual gaming products in partnership with local fintech incubation vehicle Naga.
01 December 2016
Digital Financial Services (DFS) Lab, a developing world-focused fintech incubator backed by the Bill and Melinda Gates Foundation, has handed over more than $400,000 to four startups that impressed during an intensive bootcamp.
Israel's Bank Leumi is hoping to win over millennials to its new mobile-only offshoot Pepper by teaming up with digital authoring platform Playbuzz to bring personalised, interactive content to its app.
Citi has named Vanessa Colella chief innovation officer and CEO of its venture capital arm, replacing Debby Hopkins, who is retiring, according to Reuters.
30 November 2016
Bank of America chief Brian Moynihan says the arrival of real-time payments combined with advances by cherry-picking fintech startups threatens to derail long-held assumptions about bank ROI levels from technology spending.
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