Latest Innovation News: Finextra Research

Bank of Ireland to partner with Trinity College Dublin on new innovation hub

Trinity College Dublin and Bank of Ireland announce a new partnership that will support students and graduates developing innovation and entrepreneurial skills at the university’s Innovation & Entrepreneurship (I&E) Hub today.

22 January 2018

News/Innovation

UK and Hong Kong trade agencies open fintech awards programme

UK fintech firms are being encouraged to pitch for the chance to showcase their technology to business leaders in Hong Kong under an awards programme overseen by Invest Hong Kong and the UK's Department for International Trade.

22 January 2018

Company update/Innovation

Meta Finance launches to help FS industry prepare for digital revolution

META announces the launch of META Finance, a strategic advice and solutions provider to leading financial institutions and software providers.

19 January 2018

News/Innovation

Sbanken opens developer portal and invites customers to build their own digital bank

Norway's Sbanken has opened a developer portal through which customers can use a host of open APIs to build their own digital banking platforms, with the best efforts winning cash prizes.

19 January 2018

News/Innovation

Banks shift priorities toward growth, digitisation and innovation - survey

More than half of global banks expect to see their technology investment budgets rise by over 10% this year as they beef up cybersecurity and push for digital maturity, according to a survey from EY.

19 January 2018

News/Innovation

Citi Ventures taps into student talent though universities programme

Citi has launched a programme that embeds students from leading universities into its innovation efforts, enabling participants to earn course credit for work with the bank on emerging technologies such as machine learning and big data analytics.

18 January 2018

Finextra TV/Innovation

Real-time success in Sweden

Carina Olsson, Director of Payments, Bankgirot, talks about the next generation of banking, what key opportunities real-time payments offer, why faster payments have been such a success in Sweden and what the next step is in this space.

18 January 2018

Company update/Innovation

Wells Fargo joins Carolina Fintech Hub

Wells Fargo becomes the 12th corporation to anchor the Carolina Fintech Hub (CFH) joint venture, joining Bank of America, Ally, BB&T and Ernst & Young on the non-profit’s Board of Directors.

18 January 2018

News/Innovation

Westpac and NAB connect with Amazon Alexa

Westpac and NAB have joined the voice commerce goldrush, enabling customers to connect their Internet baking accounts to Amazon's Alexa, which has finally gotten its first outing in Australia.

18 January 2018

Company update/Innovation

IFC becomes anchor investor in $100 million Partech Africa startup fund

IFC, a member of the World Bank Group, has helped Partech Ventures launch a €100 million fund that is expected to become the largest venture-capital fund focused on digital-technology start-ups in sub-Saharan Africa.

18 January 2018

Company update/Innovation

TechStart NI and Danske Bank join forces to launch £60K Open Banking Challenge

Entrepreneurs in Northern Ireland are being offered the opportunity to pitch for £60,000 of funding as part of a new competition launched today by Techstart NI and Danske Bank.

17 January 2018

Company update/Innovation

AI fintech startup Trend Lab secures $12.7 million angel funding

Across the globe, the internet finance industry is developing rapidly with the rise of technologies like Electronic Payments, Cloud Computing, Big Data, Block Chain and Artificial Intelligence (AI).

17 January 2018

Company update/Innovation

Atos aims to nurture fintech partner programme

Atos, a global leader in digital transformation, today announces three new initiatives to strengthen its global FinTech Partner program; FinLab, its cloud-based platform to facilitate the creation of new joint services; FinHub, a Fintech on-boarding program and FinNet, an insights and trends knowledge portal.

17 January 2018

Company update/Innovation

Arise joins FinForward movement

As part of its goal to promote financial inclusion on the African continent, Arise has partnered with FMO, the Dutch Development Bank and Above and Beyond Tech (a&b), a global technology company based in the U.S, on an exciting collaborative fintech initiative, FinForward.

17 January 2018

News/Innovation

BB&T creates $50 million fintech investment fund

US bank holding company BB&T is to set aside $50 million to invest in and acquire emerging digital technology companies in an effort to raise its competitive profile and drive down costs.

17 January 2018

News/Innovation

Standard Chartered establishes fintech innovation and investment unit

Standard Chartered has created a new business unit, SC Ventures, to invest in promising fintech startups and accelerate innovation initiatives across the group.

17 January 2018

News/Innovation

BofA leads on blockchain patents

Bank of America has filed for or received more blockchain-related patents in the US than any other firm, beating out Mastercard and IBM for the top spot, according to research from law firm EnvisionIP.

17 January 2018

Company update/Innovation

Finastra opens future banking centre in Hong Kong

Finastra, a Vista Equity Partners portfolio company, today announced the establishment of its Future of Banking Center of Excellence at Cyberport in Hong Kong.

16 January 2018

Company update/Innovation

Mike Brockman launches new insurtech venture ThingCo

Mike Brockman, one of the insurance sector’s leading visionaries and most respected disruptors has begun a new insurtech venture.

16 January 2018

News/Innovation

Swift recruits CSDs for DLT post trade plans

Banking cooperative Swift has signed an MoU with seven central securities depositaries (CSDs) to explore how distributed ledger technology (DLT) can be used to improve post-trade processes such as corporate actions, proxy voting and trade processing.

16 January 2018