Innovation

6660 articles tagged with this keyword

/sustainable

F10 and New Energy Nexus unite to nurture green fintech

F10, fintech incubator and accelerator, will collaborate with New Energy Nexus to form the first global green and climate fintech program, bringing decarbonisation of financial services to the cutting edge of innovation.

/regulation

The Kalifa Review’s five-point plan to bolster UK Fintech

The long awaited Kalifa Review of UK Fintech has been released, outlining a comprehensive plan to support and bolster the sector’s significant presence across the globe. Led by Ron Kalifa OBE, the in-depth review was launched almost a year ago as a component of Rishi Sunak’s first budget.

/cloud

Banks to up spending on next generation technologies

Over half of financial services firms worldwide plan to increase their spending over the next two years on next-generation technologies such as AI, blockchain, the Cloud and digital, according to a new study surveying 1,000 global C-suite executives and their direct reports, released today by Broadridge Financial Solutions (NYSE: BR), a global Fintech leader.

/retail

Bank of America files record number of patents

Bank of America inventors filed 722 patent applications with the United States Patent Office last year, the most in the company’s history.

/wealth

InvestCloud accelerates past $1bn valuation

InvestCloud has completed a recapitalisation that values the wealth platform at $1 billion. As part of the deal, two additional businesses are being rolled into InvestCloud, immediately pushing the valuation of the combined business up over $2 billion.

/startups

Finastra names Hack to the Future winners

Finastra has named the winners of its annual hackathon: Hack to the Future.

/people

Aviva appoints chief innovation officer, forms fintech investment partnership with Anthemis

Aviva, the UK’s leading insurer, today announces the appointment of Ben Luckett as Chief Innovation Officer.

/crypto

Nordea: No deployment of CBDCs in 2021 but greater clarity is coming

2021 will see further clarity offered on the development of central bank digital currencies (CBDCs) but deployment is still some way off, according to Ville Sointu, head of emerging technology at Nordea.

/startups

Credit Suisse names Disruptive Technology Recognition winners

Credit Suisse today named five winners of its 2021 Disruptive Technology Recognition (DTR) Program, an annual program that highlights some of the best disruptors of traditional enterprise information technology.

/devops

Open Banking year three: Insights from the CMA9

The UK banking industry had its hands full in 2020 as institutions had to respond to lockdowns and other restrictions on business activity designed to curb the spread of Covid-19. What effect did this have on the ongoing adoption of Open Banking? In Finextra’s annual review, we look at how Open Banking has grown, what still needs to improve and what will happen next.

/payments

CES 2021: Stripe and Plaid reveal Covid-19 ‘pressed fast forward’ on digital payments acceptance

As Andrew B. Morris from The Fintech Agenda, LLC highlights at CES 2021, the dark clouds of Covid-19 had a silver lining for the fintech industry. Unicorns Stripe and Plaid supported the global shift to a contactless economy, helping businesses deliver products and services to consumers who had collectively formed new daily habits for everything. Ginger Baker and Erika Wool explain what's next for the payments giants.

/regulation

Regulatory innovation advances in the face of Covid-19

While Covid-19 may have wreaked havoc across financial services, according to a recent report the pandemic has driven the urgency to prioritise and actively deploy fintech initiatives by regulators.

/startups

ABN Amro tops up fintech venture fund

ABN Amro is turbo-charging its fintech investment strategy, injecting a further €50 million into its €100 million corporate venture fund.

/regulation

Central Bank of Oman opens fintech regulatory sandbox

The Central Bank of Oman (CBO) has launched will launch the Fintech Regulatory Sandbox (FRS) initiative on Thursday December 10th, 2020, through which participants can apply to live test their innovative Fintech solutions, that are enabled by new technologies, in a safe environment under the supervision of the CBO.

/sustainable

Establishing and defining climate fintech as an industry in its own right

A lot has changed since the fintech boom of the 2010s and the subsequent genesis of innovation, new business models, new user experiences and the formation of new companies. Richard Peers, founder of Responsible Risk and contributing editor at Finextra Research speaks to Aaron McCreary, climate fintech lead at New Energy Nexus about how a similar wave will sweep through the sustainable finance space in 2021.

/cloud

Shifting to mission-critical: What are the key drivers of cloud adoption?

Cloud adoption for financial services firms has been on the rise over the past few years - a trend that has been further bolstered by the wave of digitisation brought on by the global pandemic.

/people

ING innovation chief Legrand quits

ING chief innovation officer and CEO of ING Ventures, Benoît Legrand is to quit the Dutch lender in March next year after being sidelined in a recent shakeup of the bank's innovation unit.

/crypto

TrustToken launches uncollateralised lending platform

TrustToken, known as makers of the world’s most transparent stablecoins including TUSD, launches TrueFi, the decentralized protocol for uncollateralized lending, hitting $35 million in total value locked within 24 hours of going live.

/startups

Using fintech to bypass incremental innovation

Vinod Khosla, founder of Khosla Ventures shared the virtual stage with Jillian Manus, managing partner of Structure Capital at Singapore Fintech Week 2020 for an optimistic outlook on all that is possible with technology.

/sustainable

Sustainable Finance Live: Building actionable ESGtech strategies with a partnership ecosystem

Finextra Research and Responsible Risk hosted Sustainable Finance Live this week, the third workshop in a series of events encouraging collaboration in the ESGtech space.