Latest Innovation News: Finextra Research

Standard Chartered and Fidelity to SuperCharge top startups

Standard Chartered and Fidelity have helped whittled down a list of 200 startup applicants to just eight finalists who will participate in the second SuperCharger Fintech Accelerator programme in Hong Kong.

07 November 2016

News/Innovation

HSBC and Lloyds among first FCA sandbox cohort; applications invited for next round

The Financial Conduct Authority is inviting fintech startups and banks to apply to join its second regulatory sandbox cohort, where innovative financial products can be tested before proceeding to authorisation.

07 November 2016

News/Innovation

SEB to build Ripple-flavoured blockchain payments network

SEB is to use blockchain technology from Ripple to enable customers to make real-time intra-bank transfers between accounts in Stockholm and New York.

07 November 2016

News/Innovation

ANZ replaces CIO with Dimension Data cloud chief Florian

ANZ's plans to move more banking systems to the cloud has materialised in the replacement of chief information officer Scott Collary by Gerard Florian, the chief strategy officer of Dimension Data's cloud unit, in a more powerful position as group executive technology.

07 November 2016

News/Innovation

Standard Chartered and IBM back Byte Academy's Singapore fintech school

Standard Chartered Bank, IBM, Insead, Thomson Reuters and Microsoft are backing a fintech school at New York-based Byte Academy's first international venture, in Singapore.

07 November 2016

News/Innovation

Tandem Bank welcomes its first customers; Loot steps into the fray

UK digital challenger bank Tandem has begun inviting its community of 10,000 Co-Founders to be the bank’s first customers.

04 November 2016

News/Innovation

Swiss banks pair up with Kickstart cohort

A Kickstart Accelerator programme in Switzerland has proved fertile hunting ground for some of the countries biggest banks as they seek out fresh talent and innovative applications for financial sector deployment.

04 November 2016

News/Innovation

Fintech firms do not threaten financial stability - FSB

Fintech firms do not pose an immediate threat to international financial stability, according to a G20-backed watchdog, which nevertheless says that it is monitoring the nascent sector carefully.

04 November 2016

News/Innovation

Switzerland looks to ease rules for fintech firms

Switzerland's Federal Council is calling for regulations on fintech firms to be eased in an effort to boost the competitiveness of the country's financial sector.

02 November 2016

News/Innovation

Admiral forced to pull plans to use Facebook posts to adjust car insurance premiums

Admiral Insurance has run into hot water with privacy groups and Facebook over plans to launch a new policy for first-time car buyers that uses social media profile data to calculate premiums.

02 November 2016

News/Innovation

Abu Dhabi opens fintech RegLab

Abu Dhabi Global Market (ADGM) has opened the doors to applications from local and international fintech firms to test their services in a sandbox regime under the auspices of a newly-created 'RegLab'.

02 November 2016

News/Innovation

Fintech firms making inroads with consumers

More than half of all banking customers have turned to fintech startups to cater for their financial needs, according to a global survey by Capgemini. But despite the considerable momentum enjoyed by niche providers, overall trust remains a key barrier to more widespread adoption.

02 November 2016

News/Innovation

British shoppers crave instore technology like VR

Despite the rise of ecommerce, Britain's high street looks set to endure, with two thirds of shoppers still preferring to view valuable products in person before buying, according to a Barclays survey.

02 November 2016

News/Innovation

HSBC establishes Hong Kong R&D lab

HSBC has established a fintech R&D lab in collaboration with the Hong Kong Applied Science and Technology Research Institute Company Limited (Astri).

02 November 2016

News/Innovation

APIs and open banking win most airtime at Sibos 2016

Blockchain still high on the agenda according to Finextra’s review of discussions in Geneva, while excitement about AI grows

01 November 2016

News/Innovation

Deutsche Bank opens third party developer portal

Deutsche Bank has opened a developer portal to enable third party coders to run the bank's APIs and create new financial applications.

01 November 2016

News/Innovation

Self Bank offers remote customer registration with video-conferencing

Self Bank, the Spanish online banking subsidiary of French financial group Boursorama, is using a combination of video-conferencing, biometrics and electronic signatures, to cut registration times for new customers joining the bank.

01 November 2016

News/Innovation

Mastercard releases blockchain APIs

Not to be outdone by rival Visa, Mastercard is stepping up its interest in distributed ledger technology, quietly adding three blockchain APIs to its developer site

31 October 2016