Innovation

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/Innovation

DBS tasks Amazon Web Services with cloud training programme

DBS Bank announced today that it is collaborating with Amazon Web Services (AWS) to further strengthen its technology talent pool by training them in cloud engineering skills.

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Future investment in Latin America

Roberto Gonzalez Barrera, CEO, Indeval, talks at Sibos 2017 about the challenges facing the Latin America financial community such as falling behind other regions in terms of technology and investment and what trends are shaping the region for the future.

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Robeco launches fintech investment fund

Robeco has launched a Global Fintech Equities fund to give wholesale and retail investors exposure to companies that are transforming the financial sector.

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Spotting trends in the payments ecosystem

Bruno Mellado, Global Head of Payments and Receivables, BNP Paribas, and Christophe Vergne, Payments and World Payments Report Leader, Capgemini's Financial Services talk at Sibos 2017 about non-cash transaction volume worldwide, the impact of new key regulations and industry initiatives (KRIIs) and the emergence of a new payments ecosystem.

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HSBC names former Google engineering lead as CIO for RBWM digital

HSBC has appointed Mike Warriner, a former engineering director at Google, as chief information officer for its retail banking and wealth management digital division.

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Forces working for and against blockchain

David Treat, Managing Director, Accenture, talks at Sibos 2017 about why blockchain is such a hot topic and exciting move forward for financial services, what the most prevalent uses of blockchain will be and what the challenges are preventing blockchain becoming a true reality for the future.

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From strategy to implementation using process technology

Parviz Peiravi, CTO Financial Services, Intel, and Alessandro Petroni, Global Head of Strategy, Financial Services, Red Hat, talk at Sibos 2017 about how financial institutions can successfully make the move from strategy to implementation and what they see as the most influential technologies shaping the industry today, including blockchain, AI and cloud.

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DBS builds lifestyle branch for tech generation

Singapore's DBS is bidding to attract the tech generation back into the branch via a new instore 'lifestyle space', featuring freshly-brewed coffee, humanoid robots, video tellers and virtual reality retirement planning.

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Speech: Fed Reserve governor Lael Brainard on where consumers fit in the fintech stack

The new generation of fintech tools offers the potential to help consumers manage their increasingly complicated financial lives, but also poses risks that will need to be managed as the marketplace matures.1

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Ripple boss predicts central bank adoption of blockchain

Central banks will use distributed ledger technology (DLT) to settle high-value interbank payments within the next five to ten years, predicts the chief executive of Ripple.

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F10 Fintech adds Zürcher Kantonalbank to its incubator

F10, Switzerland’s leading FinTech startup accelerator and incubator, today announced the news that Zürcher Kantonalbank, Switzerland’s largest cantonal bank has joined as a corporate member, effective as of December 1st, 2017.

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Singapore and Philippines ink fintech agreement

The Bangko Sentral ng Pilipinas (BSP) and the Monetary Authority of Singapore (MAS) today signed a FinTech Co-operation Agreement (CA) to promote innovation in financial services in their respective markets.

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Brexit uncertainty causing skills gap say UK tech leaders

The ongoing uncertainty around freedom of movement post-Brexit is affecting the recruitment of technology talent and causing concern among UK tech entrepreneurs about a possible skills shortage.

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Boardroom ignorance holding back bank's tech plans

Bank's IT departments are unable to pursue innovation with the latest digital technologies because they have lost influence in the boardroom with senior managers that do not properly understand new technology.

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Luxembourg Bankers Association and Luxembourg University launch KYC/DLT research project

The Luxembourg Bankers’ Association (ABBL) and its Foundation for Financial Education in cooperation with the University of Luxembourg and its Interdisciplinary Centre for Security, Reliability and Trust (SnT) launched a joint research project on the distributed ledger prototype and data analytics for KYC (Know Your Customer).

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Ex-HSBC exec Enrique Melero becomes Bitwala advisor

Former HSBC Private Bank Finance COO, Enrique Melero has today been named as the newest advisor at Bitwala, Europe’s first “blockchain-enabled bank”, further strengthening the bridge between traditional banking and cryptobanking.

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Lithuania and Singapore forge fintech pact

Invest Lithuania and Singapore FinTech Association today signed a landmark financial technology ("fintech") innovation agreement at the 2017 Singapore FinTech Festival, signifying deeper bilateral economic relations as both republics seek to enter each other's regional markets.

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The benefits of shifting payments into the cloud

Francois du Toit, Global Head of Payments Solutions, Finastra, talks at Sibos 2017 about the main drivers behind the rapidly shifting payments landscape such as real-time, and what technologies banks can deploy to tackle the challenges that have arrived with this change.

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SEC and exchanges in spat over surveillance system

A row has broken out between the US capital markets watchdog and a number of exchanges over the plan to impose a new market surveillance system on the US equities and options market.

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Adding extra to your instant payments

Craig Ramsey, Director of Product Management, Transaction Banking and Immediate Payments, ACI Worldwide and José Beltran, Director, Business Development, STET, talk at Sibos 2017 about the help banks need to keep up with the new instant payments landscape using cloud, faster onboarding and rapid deployment models for on premise solutions, and what opportunities this will bring to the further European market.