Innovation

3418 articles tagged with this keyword

/Innovation

Bank of England cancels Mansion House speech; launches fintech accelerator

Bank of England governor Mark Carney cancelled his annual set piece speech to the industry at London's Mansion House last night following the death of Labour MP Jo Cox, who was killed by an assailant at her constituency office in West Yorkshire earlier in the day.

/Innovation

Bank of Canada trials blockchain-based digital dollar

The Bank of Canada has been working with the country's biggest banks and the R3 consortium on a blockchain proof of concept that uses a digital fiat currency dubbed Cad-Coin.

/Innovation

BNP Paribas to broadcast hackathon on Periscope

BNP Paribas is to open a virtual window onto its international hackathon programme later this month, broadcasting the event to the Periscope app for live video streaming over iOS and Android devices.

/Innovation

Swift's Perez-Tasso warns of defining cybersecurity moment

As Swift grapples with the fallout from a spate of recent attacks on bank websites, the messaging network's chief executive of the Americas and UK, Javier Perez-Tasso, has warned that the financial services industry is facing a defining moment in the fight for cybersecurity.

/Innovation

Bank of Tokyo Mitsubishi to create its own digital currency

Bank of Tokyo Mitsubishi UFJ has confirmed reports that it is working on plans to create its own digital currency, with a limited release of the virtual coin penciled in for early 2017.

/Innovation

Banks creating 'islands of innovation'

Just one-in-four European banks have executed a full-scale digital transformation strategy, with many creating disconnected islands of innovation in customer-facing positions, according to research conducted by IDC.

/Innovation

White House hosts fintech summit

The White House has brought together stakeholders from across the financial technology ecosystem for a summit as it seeks to harness fintech's power to advance its economic policies around issues such as financial health and inclusion.

/Innovation

Intesa San Paolo builds fintech bridge to Israel

Italian bank Intesa San Paolo is looking to tap in to the creative talent of the Tel Aviv fintech hub, signing technology sharing and co-operation deals with Bank Leumi and the Italian Israeli Chamber of Commerce.

/Innovation

Travelex launches 'Supercard' to cut fees for cardholders travelling abroad

Travelex is partnering with Germany's Wirecard to launch a new card and app combination for UK travellers to avoid overseas debit and credit card roaming fees and charges when spending abroad.

/Innovation

Fidor sets up shop in Dubai

Innovative German bank Fidor has opened an office in Dubai as a base for an expansion of its services to companies in Asia, Africa and the Middle East.

/Innovation

UniCredit tempts startups with cash and collaboration package

Italy's UniCredit is inviting teams of developers to demo innovative applications for PSD2, real-time insight and digital wallets and compete for a EUR50,000 grand prize.

/Innovation

Bankers prepare to collaborate with digital partners

With a fintech revolution sweeping the financial services industry, more than half of bankers expect to be working with new digital partners in the next couple of years, according to a global survey from Accenture.

/Innovation

FinLeap gets EUR21m financing; plans to pump EUR50m into fintech ecosystem

FinLeap, the startup platform behind Germany's SolarisBank, has secured EUR21 million in equity capital to support its fintech incubation programme.

/Innovation

UK derivatives startup shelved due to new swaps rules

A UK startup designed for the off-exchange derivatives trading market has been unexpectedly wound up after it fell foul of strict new rules on the trading of swaps, reports the Financial Times.

/Innovation

Hedge fund boss welcomes day when computers take over

The president of one of the world's largest hedge funds has told an audience of fund managers that he looks forward to the day when they will all be replaced by computers.

/Innovation

Cybersecurity startup valued at $1bn

Cylance, a cybersecurity startup that uses algorithms and artificial intelligence, has been valued at $1bn following a round of fundraising that secured more than $100m in private equity investment.

/Innovation

India sets focus on fintech market

India's central bank is to set up a committee to explore the potential for the country's fintech market which is predicted to double in worth to $2.4bn in the next four years.

/Innovation

UK broker to launch trading on Facebook app

Retail investors may soon be able to buy and sell shares via Facebook's messenger platform after UK fund supermarket AJ Bell announced plans to launch a new trading service in the next three months.

/Innovation

Live: EBAday 2016, day two

Payments professionals from across Europe are gathering in MIlan this week for EBAday 2016, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

/Innovation

Wells Fargo bids to solve third-party data exchange conundrum

Wells Fargo has moved to tackle the tricky issue of how it shares customer data with other firms, agreeing a new exchange method with small business accounting software outfit Xero that it hopes will provide a blueprint for other partnerships.