Innovation

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/Innovation

Artificial Intelligence Bank-in-Messenger raises $1million from IIDF and private investors

The very first “Bank-in-Messenger”- TalkBank.io has raised $1million in seed investments with a company valuation of $6.1million. IIDF and 7 private investors, including Mark Malinovsky (kuponator.ru) have funded the start up.

/Innovation

Talk to NAB with Google Assistant

NAB customers can now ask Google Assistant to answer general banking questions, such as how to replace a lost card or reset their password, via Google Home or a smartphone with the voice activated virtual agent installed.

/Innovation

Top digital banking heads to convene at Finextra NextGen Banking Nordics

A strong line-up of C-Suite digital banking heads and innovators from across the Scandinavian fintech scene will gather in Stockholm next month to debate the future of financial services at Finextra's annual NextGen Banking Nordics summit.

/Innovation

Nacha names first APIs for development

Nacha—The Electronic Payments Association and the Payments Innovation Alliance, today released a Meeting Summary Report and Overview Document from the latest meeting of the API Standardization Industry Group.

/Innovation

CFTC commissioner: plans to seize algo trading source code are 'D-E-A-D'

The Commodity Futures Trading Commission (CFTC) is killing off controversial plans to seize algorithmic traders' source code.

/Innovation

Research reveals new payments drivers

Wim Raymaekers , Head of Banking Market and SWIFT gpi, SWIFT, introduces SWIFT’s new research with BCG, and talks about the changes payment platforms and processes are currently undergoing, the main drivers behind this and how the industry will evolve in the future.

/Innovation

KAS Bank sets up fintech innovation division

KAS BANK, the specialist provider of securities services to the UK pension industry, is today announcing plans to invest in the creation of a dedicated Fintech Innovation division, tasked with radically transforming the governance technologies available to UK pension schemes.

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A closer look at TIPs

Jerry Norton, Vice President, Financial Services, CGI, talks about the ECB’s planned new settlement service TIPS, what this is designed to offer, why it is controversial, and the market’s reaction so far.

/Innovation

GBST gets digital for the UK wealth market

GBST, provider of wealth administration software through its GBST Composer® platform, has launched a digital capability to the UK market.

/Innovation

Blockchain startup gets leg up from Startupbootcamp

Project Dolphin Blockchain Intelligence (https://presale.dolphin.bi/) is a platform for collecting quick and high-quality risk assessment and information about ICO campaigns.

/Innovation

New DLT consortium forms for syndicated lending market

A consortium of fintechs and banks has developed a distributed ledger technology (DLT) platform for the syndicated lending market.

/Innovation

Aviva succumbs to allure of robo-advice with Wealthify purchase

UK insurer Aviva has acquired a majority stake in a startup robo-adviser for an undisclosed sum.

/Innovation

Singapore and Thailand look to link e-payment schemes

Thailand and Singapore have announced tentative plans to integrate their respective e-payment schemes in a bid to promote digital banking, according to a Bloomberg report.

/Innovation

TD Bank opens Israel cybersecurity office; injects AI into mobile app

Toronto-Dominion Bank is looking to tap into Israel's world-renowned cybersecurity talent pool through the opening of a Tel Aviv office. Meanwhile, the Canadian bank is also giving its app an AI boost through a partnership with Kasito.

/Innovation

Three UAE startups make it to Visa Everywhere finals

Three companies from the UAE’s dynamic technology startup community have made it to the finals of Visa’s Everywhere Initiative, an innovation program designed to encourage the development of the next big thing in payments.

/Innovation

Law firm Addleshaw Goddard opens applications for second fintech programme

Following the resounding success of 'AG Elevate', originally launched in November 2016, Addleshaw Goddard has today announced its 2018 programme to support FinTech growth with an expanded program for participants.

/Innovation

"Alexa, ask my bank, what is my balance?"

NCR is working with Maine-based Town & Country Federal Credit Union to train Amazon's voice commerce assistant Alexa to respond to spoken requests for bank account information.

/Innovation

Peter Memon joins Synechron as head of emerging technology

Synechron, Inc, the global financial services consulting and technology services provider, has today announced Peter Memon has joined the company as its new Head of Emerging Technology.

/Innovation

Canadian lenders issue open banking warning

The Canadian Bankers Association says the government should think carefully before embracing open banking, warning that increasing third party access to financial data poses major risks not only to customers but to the entire economy.

/Innovation

IMF chief says banks would be unwise to dismiss the threat from virtual currencies

IMF managing director Christine Lagard believes virtual currencies might just give existing currencies and monetary policy a run for their money.