Latest Innovation News: Finextra Research

Creating value through the smarter use of client data

Graham Ray, Global Head of Product Management, Securities Services, Deutsche Bank talks about the importance of using data to drive value to their clients in securities services. Why this is important and how to unlock the data you need and make better use of it through analytical tools and techniques to improve the services you offer.

18 October 2017

News/Innovation

Sibos 2017: How to profit from the data goldrush

The billion dollar question at today's Sibos Future of Money session: Who is going to be able to successfully extract the gold from the data mine and become the Amazon of the financial services world?

18 October 2017

Company update/Innovation

Fscom sets up PSD2 'taskforce'

fscom today launched its dedicated PSD2 Taskforce to meet rising demand from payments and e-money institutions for reauthorisation support.

18 October 2017

Company update/Innovation

ADGM and Mastercard collaborate to foster fintech ecosystem in Abu Dhabi

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and Mastercard Asia/Pacific Pte Ltd (Mastercard), a leading technology company in the global payments industry, are pleased to collaborate on initiatives and foster more opportunities that support the development and growth of FinTech activities in the UAE capital, and the wider region.

18 October 2017

Company update/Innovation

Sberbank joins Enterprise Ethereum Alliance

Sberbank joined the non-commercial alliance Enterprise Ethereum Alliance (EEA). The bank is the first Russian bank to become a member of the alliance.

18 October 2017

News/Innovation

Sibos 2017: API or the highway

As PSD2 looms into view, open banking and APIs have been central to discussions at this year’s Sibos, with banks grappling with the threats and opportunities presented by the opening up of data.

18 October 2017

Company update/Innovation

Pelican pitches Innovation Hub

Pelican, a global provider of Artificial Intelligence powered payments and financial crime compliance solutions for banks and corporates, today announced the launch of the Pelican Innovation Hub.

17 October 2017

News/Innovation

SocGen appoints Woolley to run new innovation division in UK

Societe Generale is bidding to tap into London's booming fintech sector with the appointment of Anthony Woolley as head of innovation for the UK.

17 October 2017

Company update/Innovation

Markel exports fintech insurance policy to Singapore

Markel International, the specialist insurer, has unveiled a fintech policy offering comprehensive protection for businesses in the financial technology sector in Asia, having successfully launched it in the UK early last year.

17 October 2017

News/Innovation

ECB invites expressions of interest for mobile app development challenge

The European Central Bank is inviting independent techies and vendors to develop a mobile app for its forthcoming instant payment settlement system that will let people and businesses send money anywhere in the euro area within seconds.

17 October 2017

Company update/Innovation

Standard Chartered opens a new Global Business Services centre in Bengaluru

Standard Chartered Bank today officially opened its new Global Business Services (GBS) centre in Bengaluru.

16 October 2017

Company update/Innovation

First cohort of Startupbootcamp FinTech in Latin America secure 30 pilots with banks

The first Startupbootcamp FinTech program in Latin America (joint venture between Startupbootcamp and Finnovista), celebrated the end of its first batch during Demo Day. The startups have collectively secured 30 pilot projects and collaborations with financial entities and corporate partners of the program.

16 October 2017

Company update/Innovation

DTCC unveils framework for assessing risks from fintech

As experimentation and development of new fintech applications continues to grow, The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today unveiled a new framework of nine key factors to assess when considering its impact on financial stability.

16 October 2017

Company update/Innovation

UK to remain Europe's premier fintech hub post-Brexit

Fintech start-ups present the second highest rating average amongst all industries covered, shows Early Metrics’ ratings.

16 October 2017

News/Innovation

Fidelity exploits virtual reality for 'empathy training'

Fidelity is using virtual reality to transport staff into the homes of fictional customers so that they can see the impact of their responses to queries both during and after a simulated telephone call.

16 October 2017

Company update/Innovation

AIB DataHack with €6,000 prize fund seeks entries from students

AIB is inviting students from third level institutions to enter the fourth annual AIB DataHack, with a prize fund of €6,000 available.

13 October 2017

News/Innovation

ADGM and YES Bank sign fintech co-operation pact; B-Hive opens in NY

Having clinched a host of fintech cross-border agreements with regulatory agencies across the world, Abu Dhabi Global Markets is now turning its attention to the commercial banking industry, signing an MoU with YES Bank to spur collaboration between the Middle East and India.

13 October 2017

News/Innovation

Swift positive on blockchain, but big challenges remain

Early results from a blockchain proof-of-concept conducted by Swift with six of the co-operative's member banks indicate that DLT application can deliver the business functionalities and data richness required to support real-time liquidity monitoring and reconciliation.

13 October 2017

News/Innovation

OakNorth joins unicorn club with £154m funding round

OakNorth, a UK challenger bank targeting small- and medium-sized businesses, is looking to ramp up lending and license its technology around the world after raising £154 million from a group of international investors.

12 October 2017

News/Innovation

Can regtech and CLM save the customer experience? - new Finextra report

Increased regulatory burden is hampering smooth and timely onboarding of customers, as banks struggle with technology implementation and budget parameters, according to financial industry professionals surveyed in a new paper by Finextra Research.

12 October 2017