Latest Innovation News: Finextra Research

Cloud for banks

Jonathan Charley, General Manager, FSI EMEA North, SAP, talks at Sibos 2017 about whether the banking industry has been slow to understand the benefit of migrating processing to the cloud, what the barriers and benefits of moving to cloud based solutions are and how this area of the industry will evolve in the future.

27 November 2017

Finextra TV/Innovation

The importance of green digital finance

Cecilia Repinski, Executive Director, Stockholm Green Digital Finance, talks about why green finance is in need of accelerating, what green fintech entails and how banks are collaborating with fintechs in this arena.

27 November 2017

News/Innovation

Sberbank takes 25% stake in facial recognition startup

Russia's Sberbank has acquired a 25% stake in facial recognition startup VisionLabs as part of a wider effort to build an all-encompassing biometric identification platform.

27 November 2017

Finextra TV/Innovation

Building platforms through partnerships

Rob Hetherington, Global General Manager for Financial Services Industries, SAP and Steve Everett, Managing Director, Head of Product & Propositions, Global Transaction Banking, Lloyds Banking Group, talk at Sibos 2017 about the drivers behind the influx of digital transformation within the industry, which of the technologies are having the most impact and why partnerships are so important for banks to keep up with the pace of developing technologies.

24 November 2017

Finextra TV/Innovation

High expectations in the corporate market

Falk Rieker, Global Head of Banking IBU, SAP and Oliver Bussmann, Founder and Managing Partner, Bussmann Advisory, talk at Sibos 2017 about the need for change in the world of corporate banking, what corporates can expect from their banks in the future, what will disrupt this sector and whether banks are doing enough to improve the services they offer.

24 November 2017

Finextra TV/Innovation

Modernisation in South Africa

Chris Hamilton, CEO, BankservAfrica, talks at Sibos 2017 about the national payments system in South Africa, the modernisation programme being implemented, some of the challenges around open banking and distributed ledgers, and how financial inclusion will boost the region’s economy.

24 November 2017

Finextra TV/Innovation

Collaboration between custodians

Cian Burke, Global Head, HSBC Securities Services, and Stu Taylor, CEO, Algomi, talk at Sibos 2017 about the importance of improving liquidity in corporate bonds, how collaboration between leading custodians increases value for clients, and how this market is likely to develop in the future.

24 November 2017

Finextra TV/Innovation

Identifying the Triple A model

Vincent Brennan, Chairman, EBA Open Banking Working Group, talks at Sibos 2017 about a new research paper focused on data opportunities for corporate customers, what the highlights of the paper are such as the Triple A model involving data analytics, accessibility and availability, and what banks can take away from the research.

23 November 2017

Finextra TV/Innovation

Focusing on real-time opportunities

Jerry Norton, VP, Financial Services, CGI, talks at Sibos 2017 about the main themes discussed at the event from real-time gross settlement renewal to the implementation of real-time payments, and what the challenges are around these developments, as well as the opportunities bank’s expect to reap in the near future.

23 November 2017

Company update/Innovation

Dubai and Australia sign fintech agreement

The Dubai Financial Services Authority (DFSA) and the Australian Securities and Investments Commission (ASIC) entered into an agreement today that sets out a framework for cooperation on financial technology (FinTech) innovation.

23 November 2017

Company update/Innovation

DBS seeks accelerator applicants

Innovative FinTech solutions to enhance how banks digitally onboard customers, engage customers with gamification, monitor compliance and manage risk, as well as impactful ways to leverage cybersecurity, are key areas of focus as DBS Accelerator kicks off the second wave of applications under a new “always-on” programme format.

23 November 2017

Company update/Innovation

Quebec regulator appoints Moad Fahmi director, fintech and innovation

The Autorité des marchés financiers (the "AMF") is pleased to announce the appointment of Moad Fahmi to the new position of Director, Fintech and Innovation.

22 November 2017

Company update/Innovation

Ontario Securities Commission seeks applicants for fintech advisory committee

The Ontario Securities Commission (OSC) is seeking applications for membership on its Fintech Advisory Committee (FAC).

22 November 2017

News/Innovation

UK Open Banking expanded to cover all PSD2 products

The UK's Open Banking project is being expanded to embrace all payment account types - including credit cards, prepaid cards and e-wallets - covered by PSD2.

22 November 2017

News/Innovation

Robots outpacing back end number crunchers at OCBC

OCBC Bank is reporting astonishing productivity gains following the introduction of robotic process automation to handle number crunching tasks in its secured lending and sales reporting units.

22 November 2017

News/Innovation

Canadian banks rally round Montreal AI lab

BMO Financial group is to inject $2 million into a new AI lab in Montreal that will aim to help startups make the transition from science projects to high-growth companies.

22 November 2017

Company update/Innovation

Fidor to bolster Dubai regional hub

Fidor, the innovative provider of digital banking solutions that helps banks launch and run their own digital brand, today puts its expansion strategy into action through its newest office extension in Dubai Silicon Oasis, the integrated free zone technology park.

22 November 2017

Company update/Innovation

Freetrade is first startup to join InvestCloud innovation centre

InvestCloud Inc., a global FinTech firm, has announced UK startup Freetrade as the first firm to enter its UK Innovation Center.

22 November 2017

News/Innovation

Norway's banks look to merge payment services

A group of Norwegian banks are preparing to merge their payments systems in an effort to protect themselves from an expected challenge from Silicon Valley.

22 November 2017

Company update/Innovation

RBC unit Borealis AI to open artificial intelligence lab in Montreal

Continuing its investment in the Canadian artificial intelligence (AI) ecosystem, Borealis AI, an RBC Institute for Research, today announced that it will open a lab in Montreal, one of Canada’s most prominent AI hubs.

21 November 2017