Latest Innovation News: Finextra Research

Axoni unveils programming language for smart contracts

Axoni is pleased to announce AxLang, a new programming language that supports functional programming and enables formal verification of smart contracts for Ethereum-compatible networks.

06 March 2018

Company update/Innovation

Switzerland's F10 accelerator welcomes new cohort

F10 FinTech Incubator and Accelerator today revealed that its Program Grand Opening had been a resounding success. Fifteen of the world’s most promising startups in the innovative FinTech, InsurTech, and RegTech space pitched their pioneering ideas in front of a prestigious audience in Zürich’s Limmat Hall.

06 March 2018

News/Innovation

Swift Business Forum, Helsinki - live blog

Welcome to Finextra's live coverage of the Swift Business Forum Nordics 2018 in Helsinki. This event will focus on important issues affecting the financial industry in the Nordics, particularly on how both innovation and collaboration are key in the transformation of financial services.

06 March 2018

Company update/Innovation

SenaHill hires Korhammer and Weil to lead cap markets and InsurTech advisory services

SenaHill Partners, LP ("SenaHill"), a FinTech specialist merchant bank, today announced a series of senior appointments to drive its next stage of growth. As the firm continues to invest in talent to support its global client base and meet the increasing demand for its FinTech advisory and portfolio investing services, the new team members will leverage their proven industry success to bolster the firm’s already deep roster.

05 March 2018

Company update/Innovation

Manny Pacquiao joins cryptocurrency celebrity exchange Gcox

Global Crypto Offering Exchange (GCOX) has signed international boxing superstar, Manny Pacquiao, as its first celebrity.

05 March 2018

Company update/Innovation

BBVA celebrates tenth anniversary of Open Talent competition

BBVA Open Talent, the world’s biggest fintech competition, will this year mark its tenth anniversary by working with more start-ups than ever before.

05 March 2018

News/Innovation

BMO to open Toronto 'urban campus'

The Bank of Montreal is set to open a massive, state-of-the-art 'urban work campus' in downtown Toronto to house 3500 staffers.

05 March 2018

News/Innovation

Mexican Congress passes fintech bill

Mexico's Congress has approved a bill to regulate the fintech sector, setting rules for things like cryptocurrencies and crowdfunding, and paving the way for an open banking revolution.

02 March 2018

News/Innovation

Market infrastructure body backs FCA global sandbox

The World Federation of Exchanges has thrown its weight behind an FCA proposal to create a global regulatory sandbox, reiterating its support for an internationally coherent supervisory approach to emerging financial technologies.

02 March 2018

Company update/Innovation

BBVA doubles digital sales in one year

BBVA’s drive towards delivering a world class digital banking experience has taken another step forward. BBVA’s drive towards delivering a world class digital banking experience has taken another step forward.

02 March 2018

News/Innovation

DNB tests mobile passporting for international clients

DNB is experimenting with a mobile app that scans user passports and faces to identify customers from across borders for ID verification and digital onboarding.

02 March 2018

News/Innovation

EBAday agenda to spell out new payments paradigm

Innovations in technology and practitioner insights into payment trends will top the agenda at EBAday 2018, Europe's leading payments and transaction banking conference, which is being staged this year at the ICM-Internationales Congress Centre in Munich.

02 March 2018

Company update/Innovation

B-Hive and Fintech & Payments Association of Ireland sign MoU

B-Hive and the Fintech & Payments Association of Ireland (FPAI) have signed a Memorandum of Understanding that will allow them to collaborate and cooperate through areas of mutual interest.

01 March 2018

News/Innovation

JPMorgan-backed FinLab competition calls for applications from women and people of colour

The Financial Solutions Lab (FinLab), an innovation programme backed by JPMorgan Chase, is looking to make fintech a little less male and white, calling on entrepreneurs of colour, women and people with disabilities to take up its latest challenge to develop products that can support under-represented communities - and, in the process, bag a slice of a $3 million prize fund.

01 March 2018

Company update/Innovation

Sberbank launches AI Academy project for schoolchildren

Sberbank’s charity foundation Contribution to the Future has launched a series of events for schoolchildren titled AI Academy.

01 March 2018

Company update/Innovation

WFE reports on the fintech landscape in the Capital Markets Infrastructure (CMI) industry

The World Federation of Exchanges (“The WFE”), the global industry group for exchanges and CCPs, today published a joint report with global management consultancy McKinsey & Company’s Banking & Securities Practice (“McKinsey”), .

01 March 2018

News/Innovation

Nesta dangles £2.5 million carrot to Open Up Challenge applicants

UK innovation agency Nesta has opened the next phase of the 'Open Up Challenge', a global search for organisations who would use new open banking APIs to transform the way small businesses discover, access and use financial services.

01 March 2018

News/Innovation

Nomura takes quantum step in stock market forecasting

Nomura is to launch a joint research project with Tohoku University to test the applicability of quantum computing in stock market forecasting.

01 March 2018

Company update/Innovation

Visa expand global innovation programme

Visa (NYSE: V) today announced an expansion of Visa’s Everywhere Initiative (VEI) for 2018 with a more dynamic program, new participating countries, and an elevated level of support for participants.

28 February 2018

Company update/Innovation

Reech Corporations Group to back German InsureTech start-up FinanzRitter

Reech Corporations Group has agreed a significant seed investment in German insureTech start-up FinanzRitter, in the latest addition to its growing pan-European portfolio of finTech businesses.

28 February 2018