Innovation

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Sibos 2021: What will Industry 4.0 and 5.0 mean for the financial sector?

/Sibos

Sibos 2021: What will Industry 4.0 and 5.0 mean for the financial sector?

Opening Swift Innotribe’s red thread – Banking on Change – on day one of Sibos 2021, was theoretical physicist, futurist and science communicator, Dr Michio Kaku. Known best for his seminal work on string theory, Kaku analysed science’s contribution to wealth generation since the first industrial revolution, and made predictions as to how further technological innovation, particularly artificial intelligence (AI), will steer the financial services sector through the fourth and fifth industrial revolutions, this century.

Core Banking on the Cloud - The Catalyst for Innovation, Agility and Efficiency

/Innovation

Core Banking on the Cloud - The Catalyst for Innovation, Agility and Efficiency

534 downloads

/startups

FinTech Wales completes first foundry accelerator programme

The inaugural FinTech Wales Foundry accelerator, created in partnership with Admiral Pioneer, Principality Building Society and Cardiff Capital Region, has now completed its 2021 programme.

Sibos 2021: Finextra's bespoke channel to deliver tailored conference highlights

/Sibos

Sibos 2021: Finextra's bespoke channel to deliver tailored conference highlights

Since 2003, Finextra Research has partnered with Swift to bring you a special-purpose financial services news channel, designed to keep Sibos attendees and the wider global banking community up-to-speed with news and views direct from the conference.

/crypto

Copper.co joins Imperial College Business School’s Institutional Digital Assets Project

Copper.co, leading provider of digital asset custody and trading solutions, today announced that it is partnering with Imperial College Business School on a new Institutional Digital Assets Project, within Imperial’s Centre for Digital Transformation.

Citi joins $25 million round in quantum pioneer QC Ware

/devops

Citi joins $25 million round in quantum pioneer QC Ware

Citi has joined a $25 million round in QC Ware, a developer of high-powered applications for near-term 1quantum hardware.

Money 20/20 EU: ‘A listing is for life, not just for Christmas’

/regulation

Money 20/20 EU: ‘A listing is for life, not just for Christmas’

Amsterdam: Finextra is on the ground at Money 20/20 Europe, attending a host of sessions to provide you with key highlights from the most popular sessions throughout the conference.

Money 20/20 EU: Will Europe prevail in the new dawn of payments?

/payments

Money 20/20 EU: Will Europe prevail in the new dawn of payments?

Amsterdam: Finextra is on the ground at Money 20/20 Europe, attending a host of sessions to provide you with key highlights from the most popular sessions throughout the conference.

Mastercard launches global Sustainability Innovation Lab

/sustainable

Mastercard launches global Sustainability Innovation Lab

Mastercard is to open a 'Sustainability Innovation Lab' in Stockholm, which will act as a research and development space for the creation of climate conscious products.

Addressing tech skills shortages in financial services

/Innovation

Addressing tech skills shortages in financial services

284 downloads

Amazon developing POS to compete with PayPal, Shopify

/payments

Amazon developing POS to compete with PayPal, Shopify

Insider reports that Amazon’s Project Santos is working on the point-of-sale (POS) solution to compete with the likes of industry giants.

NatWest partners with EV8 Switch to help UK drivers go green

/sustainable

NatWest partners with EV8 Switch to help UK drivers go green

NatWest has today announced it is teaming up with new space-enabled app, EV8, to support customers in their switch to electric vehicles.

/startups

Prospa raises $3.8m pre-seed to offer software to Nigerian micro-businesses

Prospa, a YC-backed Nigerian startup offering software and financial services to entrepreneurs and micro-businesses, today announced it closed a $3.8 million pre-seed investment, which was oversubscribed by 380%. The round was backed by venture funds Global Founders Capital and Liquid 2 Ventures. Leading entrepreneurs also participated in the round including Mercury’s Immad Akhund, Ramp’s Karim Atiyeh, Teachable’s Ankur Nagpal, Todd Goldberg and Rahul Vohra’s angel investment fund, and executives from Square, Facebook and Nubank. This investment is the largest pre-seed round for a Nigerian fintech.

/startups

Barclays Eagle Labs launches second dedicated startup accelerator for black founders

Barclays Eagle Labs is launching its second 12-week virtual accelerator programme, designed to help early-stage tech businesses founded by one or more black entrepreneurs, in order to continue to help boost diversity in entrepreneurship.

Marshmallow announces Series B funding round

/startups

Marshmallow announces Series B funding round

InsurTech Marshmallow has raised $85m as part of its Series B funding round – making it the UK’s latest tech unicorn.

ING reveals $12.4 trillion required to green Asia's transport sector

/sustainable

ING reveals $12.4 trillion required to green Asia's transport sector

Powering a new generation of net-zero transport with clean energy – in China, Japan, and South Korea – will cost US$12.4 trillion, a ING bank report has just revealed. This equates to over 90% of China’s 2020 GDP.

/sustainable

FCA opens applications for Digital Sandbox's sustainability cohort

Building on the success of the Sandbox's first pilot, the FCA and The City of London Corporation, supported by Innovate Finance, are running a second phase of the Digital Sandbox to support the testing and development of new products and services that will aid the transition to a net zero economy.

/people

Standard Chartered Women in Tech Bahrain Programme winners revealed

The SC Women In Tech Bahrain Program announces the 5 winning teams receiving $10,000 each and 3 months of incubation at Bahrain FinTech Bay, one of MENA’s leading FinTech Hub. The winners will be able to further develop their startups, scale up, and venture into new markets. The program is an initiative by Standard Chartered Bank in partnership with the Supreme Council for Women (SCW), and Bahrain FinTech Bay (BFB).

/retail

GFT opens regional innovation hub in Manchester

With the pandemic triggering a significant increase in tech investment across the country, demand is growing for cloud, application development and data specialists.

Smart finance startup W1TTY secures UK licence

/retail

Smart finance startup W1TTY secures UK licence

New challenger, W1TTY, has just secured a licence from the Financial Conduct Authority (FCA) to roll out services in Britain early next year.

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