Latest Innovation News: Finextra Research

PayPal to open innovation labs in India

PayPal is to open two new innovation labs in India to tap into the local talent pool and the country's expertise in AI, data science, virtual reality and the Internet of Things.

14 August 2017

News/Innovation

Emirates NBD takes financial fitness to a new level

Emirates NBD is doing its bit to counter rising obesity levels in the Middle East, presenting 95 of its customers with a free one-year gym membership if they sign up to the bank's Fitness First account, which raises interest rates according to activity levels.

14 August 2017

News/Innovation

ADGM and UAE Exchange bid to expand fintech ecosystem

Abu Dhabi Global Markets is to work with UAE Exchange to attract startups to ADGM's Regulatory Laboratory, in the latest of a flurry of initiatives to position the market as a centre of gravity for fintech innovation.

14 August 2017

News/Innovation

ANZ goes to tender for new systems integration partner

ANZ is in the market for a systems integration partner as it begins a journey towards new agile ways of working.

14 August 2017

News/Innovation

Hong Kong fintech accelerator sets up shop in Malaysia

Hong Kong's SuperCharger fintech accelerator is moving to Malaysia with the support of founding partner Standard Chartered Bank, Allianz Malaysia and the country's Digital Economic Corporation (MDEC).

11 August 2017

News/Innovation

DBS Bank launches online car selling marketplace

Singapore's DBS Bank is taking advantage of new regulatory freedoms to launch an online marketplace for people to buy and sell cars.

11 August 2017

Company update/Innovation

Microsoft Coco Framework embeds blockchain in the enterprise

Microsoft Corp. on Thursday announced the Coco Framework, a first-of-its-kind innovation that will advance enterprise adoption of blockchain technology.

10 August 2017

Company update/Innovation

Fintech ecosystem builder Cyberport ties up with Hong Kong University

A Memorandum of Understanding (MoU) signing ceremony between the University of Hong Kong (HKU) and Hong Kong Cyberport (Cyberport) was held today to set up the HKU x Cyberport Digital Tech Entrepreneurship Platform (Platform). The Platform is the first-of-its-kind collaboration between HKU and Cyberport aiming to form a closer partnership to build a unique digital tech ecosystem for Hong Kong spanning the aspects of human capital, innovation and technologies, entrepreneurship, and legal and business expertise.

10 August 2017

Company update/Innovation

NCR commences deployment of Window 10 IoT at the ATM

NCR Corporation, (NYSE: NCR) a global leader in omni-channel solutions, today announced the deployment of Microsoft’s Windows 10 Internet of Things (IoT) Enterprise software with a leading European financial institution.

09 August 2017

Finextra TV/Innovation

Key drivers raise the bar in retail

Aneet Morar, Head of Partnerships and Ecosystem Development, Lloyds Banking Group, talks at the SAP Financial Services Forum about how key drivers - regulation, technology disruption and new customer expectations - are changing the retail banking landscape, and what banks must do to do keep up as well as protect themselves.

09 August 2017

Company update/Innovation

Nordnet to speed customer onboarding with digital employee Amelia

Nordnet has signed an agreement with IPsoft, the leading digital labor company, to enhance Nordnet’s customer relations using its proprietary artificial intelligence technology.

09 August 2017

Finextra TV/Innovation

Automation leads the way in expense compliance

Chris Baker, Managing Director, EMEA North & South Africa, Concur, speaks at the SAP Financial Services Forum about developments in expense compliance and the role automation plays in end to end management solutions and quantifying value in terms of cost and policy compliance.

08 August 2017

News/Innovation

Abu Dhabi steps up fintech activity

Abu Dhabi is looking to strengthen its fintech position with a flurry of initiatives, including a tie-up with Switzerland and an innovation challenge for startups.

08 August 2017

Company update/Innovation

RBS establishes technology and innovation committee

The Royal Bank of Scotland Group plc announces today that the Board has established a Technology and Innovation Committee with effect from 1 September 2017.

07 August 2017

News/Innovation

EBA reviews regulatory regime in light of fintech

The European Banking Authority is stepping up its scrutiny of new fintech-related advances in financial services provision, promising to identity and close gaps in supervision.

07 August 2017

Company update/Innovation

Tantalum drives connected car agreement with SAP

Tantalum Corporation (Tantalum) today announced an agreement with SAP to integrate SAP Vehicles Network into Tantalum’s Pay.Car end-to-end payment platform for connected cars, making it easier for motorists to find and pay for services with just one click.

07 August 2017

News/Innovation

Lithuania plans regulatory sandbox

Lithuania is bolstering its credentials as an EU-friendly destination for Brexit startup refugees with the proposed opening of a regulatory sandbox for aspiring firms to test their products ahead of commercial roll out.

07 August 2017

Company update/Innovation

Eleven banks develop trade finance app on R3’s Corda DLT platform

Eleven banks have passed a major milestone in the digitisation of documentary trade finance.

07 August 2017

Finextra TV/Innovation

Winning formula for the secret sauce

Bhavesh Vaghela, Industry Expert, explains at the SAP Financial Services Forum that customers can expect more tailored services due to banks becoming increasingly digital, handling data more, collaborating and expanding their revenues from open APIs.

07 August 2017

Finextra TV/Innovation

Technology has now been proven…

Craig Ramsay, Global Head of Innovation, Global Liquidity and Cash Management, HSBC, talks about how the regulatory environment needs to keep up with the pace of technology advancements, how banks are now using and seeing the value of technologies such as blockchain, AI and biometrics, and how virtual reality will soon start to have an impact.

07 August 2017