Innovation

3418 articles tagged with this keyword

/Innovation

Ripple scores $55 million funding round; adds new bank members

Ripple has won a ringing endorsement for its approach to using distributed ledger technologies to transform the cross-border payment business, scooping $55 million in funding and adding fve new banks to its network.

/Innovation

Finextra paper finds shared services key for proxy voting transformation

Local custodians can tackle structural costs - and improve customer experience - through outsourced proxy services, finds a new paper from Finextra.

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BNY Mellon recruits former Visa innovation lead to head Emea incubator

BNY Mellon has recruited former Visa innovation lead Niamh De Niese to head up its Emea technology incubator.

/Innovation

Westpac pumps $16.5 million into digital mortgage startup uno

Westpac has made a $16.5 million investment in digital mortgage startup uno, which provides consumers with direct access to the typical loan search and settlement technology that traditional mortgage brokers use.

/Innovation

Ant Financial snaps up EyeVerify

Biometric security startup EyeVerify has been acquired by Alibaba's financial services affiliate Ant Financial for in excess of $100 million.

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DB boss Cryan tells staff to work like a tehnology company

Deutsche Bank chief executive John Cryan says staff working for the giant bank have to change their way of thinking as "we want to see ourselves increasingly as a technology company".

/Innovation

NAB taps Visa Developer programme to revitalise mobile app

National Australia Bank is rolling out a series of card-linked enhancements to its mobile banking app, including a 'world-first' feature which enables consumers to use the app to pay for purchases while waiting for the arrival of new Visa credit cards.

/Innovation

Singapore and Switzerland forge fintech pact

Financial regulators in Singapore and Switzerland have signed a fintech co-operation agreement, pledging help and support to startups entering each jurisdiction.

/Innovation

TD adds 'digital concierge' to app

Canada's TD Bank is rolling out a 'digital concierge' mobile service that promises to keep customers informed of personalised offers, tips and information.

/Innovation

ING drives payments via social media channels

ING is to transform popular social media sites such as WhatsApp, Facebook, Twitter and LinkedIn into payment request channels, providing a direct link between contacts for users of its mobile app.

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ABN Amro joins hyperledger hackathon

ABN Amro, IBM, Holland FinTech and Linux Foundation are to run the first-ever Hyperledger hackathon, inviting coders to develop new financial applications capable of running on distributed ledgers.

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BNP Paribas open New York Innovation Zone

BNP Paribas has opened a 5000 square foot 'Innovation Zone' on the 30th floor of its Manhattan HQ, where it is inviting employees to come and re-imagine the bank.

/Innovation

Mobile ID scoring firm Juvo goes global

Juvo, a company which provides identity scoring from mobile phone usage data to bring financial services to the unbanked, has launched globally with a $14 million funding round.

/Innovation

Bitcoin a threat to card acquirers and issuers - Santander

The rise of bitcoin and blockchain technology could have a profound impact on the card market, hurting acquirers and issuer banks but ultimately benefiting Visa and MasterCard, according to experts from Santander.

/Innovation

New Finextra paper explores impact of robo on wealth management

A new research paper, produced by Finextra in association with EPAM, explores the rise of robo and asks how it will further reshape the advisory business and wealth management in the future.

/Innovation

Thomson Reuters delves deeper into Ethereum

Thomson Reuters is partnering with Ethereum, Imperial College of London, UCL, and tech partners Oraclize, Crypto Compare and Ethcore to host a weekend-long blockchain hackathon in Canary Wharf, London.

/Innovation

Citi teams up with Asian ride-hailing app Grab

Citi has joined forces with Southeast Asian Uber clone Grab to let customers pay for rides with their credit card points.

/Innovation

Pariti taps into Zopa API to help millennials pay off card debt

UK money management app Pariti has formed a referral partnership with P2P financing outfit Zopa to help users swap out their credit card debt for a consolidation loan.

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Barclays executes live Letter of Credit transaction using distributed ledger technology

Barclays Bank and accelerator graduate Wave have executed a live Letter of Credit transaction between Ornua - the Irish Dairy Board - and Sychelles Trading Company on a distributed ledger based system.

/Innovation

Innovate Finance builds bridge to New York startup community

UK fintech agency Innovate Finance has opened a branch in New York in a bid to forge closer ties between startups in the US and London and create a transatlantic alliance to lobby on policy, regulatory and investment issues.