Innovation

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/Innovation

New developments at Sibos 2017

Veerle Damen, Head of Network Management, Natwest, talks at Sibos 2017 about the buzz around innovation, cyber security and collaboration.

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SocGen opens internal startup programme

Societe Generale is the latest French bank bidding to tap into latent employee talent through a major intrapreneurship programme.

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Banks look to utilise the richness of the cloud

Nadish Lad, Global Head of Payments Products, Volante Technologies, talks at Sibos 2017 about the growing trend towards payments as a service in the cloud, how easy it is to put a payments suite in the cloud, and what sort of services customers can expect to see being offered in the cloud.

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Bank of Amazon? US regulator calls for rethink on separation of banking and commerce

A senior US regulator has floated the possibility of ending the long-standing separation of banking and commerce, paving the way for the likes of Amazon, Facebook and Walmart to take on Bank of America, Wells Fargo, Citi et al.

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The tuning of use cases over time

Andy Hirst, VP Banking Solutions (IBU), SAP, talks at Sibos 2017 about how he would define machine learning and how it has developed, what value the use cases of ML have had in corporate banking and how he sees the use of ML evolving in the near future.

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A case of cultural change

Paul Thomalla, SVP Global Corporate Relations & Development, ACI Worldwide, talks at Sibos 2017 about the business cases around the imminent go-live of real time payments, whether banks are structurally ready for the changes the payments industry is facing and what’s next for real-time.

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Ontario preps fintech sandbox

The Canadian province of Ontario is looking to burnish its reputation as a financial innovation hub by setting up a fintech regulatory sandbox and accelerator office.

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Commercialising open banking from the core

Jesper Illum, Nordic Head of Financial Services, SAP, talks at Sibos 2017 about whether the industry is ready for the next steps in open banking and the implementation of PSD2, if financial institutions are struggling to satisfy regulatory requirements and drive new innovation and revenues at the same time, and how banks are becoming more willing to collaborate with third parties.

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It’s all about payments modernisation

Kevin Brown, Senior Advisor, Global Payments, KPMG, talks at Sibos 2017 about what he spotted as the main themes at Sibos this year, the insights from a session on corporate banking and emerging trends for the year to come.

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Time to rethink strategies and business models

Laurence Leyden, General Manager, Financial Services, EMEA South, SAP, talks at Sibos 2017 about the role of APIs in securely sharing data across the industry and what new business models are likely to emerge in a world of open banking.

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Icici initiates money transfers with Siri

ICICI Bank, India’s largest private sector bank by consolidated assets, today announced the launch of India’s first voice-based international remittance service to enable non-resident Indians (NRIs) to send money to any bank in India.

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Ron Spector appointed as ANZ's lead for new business, emerging tech and ventures

ANZ today announced it has appointed Ron Spector as Managing Director, New Business, Emerging Technology and Ventures, reporting to Group Executive Digital Banking Maile Carnegie.

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Innovate UK moves into startup lending

Small businesses with ground breaking ideas will be able to access new innovation loans from today, Innovate UK has announced.

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Visa payment gloves keep the cold at bay at Winter Olympics

Sports fans attending the Olympic Winter Games in PyeongChang will be able to keep their hands warm and fend off frostbite while paying for goods and services thanks to a special pair of wooly mittens bearing the Visa brand and an embedded NFC chip.

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Design Thinking pays off for BBVA

BBVA is attributing a new approach to Design Thinking and continuous customer feedback to a massive uplift in usage of its mobile banking app since its relaunch in mid-September.

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Canada's Competition Bureau seeks feedback on fintech report

As part of its commitment to engage with Canadians on emerging issues, the Competition Bureau has published a draft report on its market study concerning technology‑led innovation in the Canadian financial services (FinTech) sector.

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Change legacy back ends for true transformation

Jukka Salonen, Chief Portfolio Officer, Nordea talks at Sibos 2017 about investment into transforming traditional banks into E2E digital banks, what role AI and robotics play in this transformation and why learning and culture change within companies are so important in the process.

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Trending: Customer service, efficiency and safety

Mike Steinharter, Chief Commercial Officer, Earthport, talks at Sibos 2017 about the main trends in cross-border payments, why blockchain is still relevant, and the proof points of success he can see in this arena.

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Using AI to better serve customer needs

Teresa Connors, Head of Market Management, NatWest, talks at Sibos 2017 about the trends she has seen develop since last year’s event, including regulation, PSD2 and open banking, how banks are using AI to accommodate their customers and how banks can further drive digital transformation within the industry.

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SocGen kicks off UK Innovation Week

Societe Generale today launched its very first Innovation Week in the UK, which will bring together staff, experts from the industry, and FinTechs to have open discussions to encourage collaboration, the sharing of ideas, as well as emerging opportunities.