Latest Innovation News: Finextra Research

Nuance launches Nina Coach to train and deploy virtual assistants

Nuance Communications has launched Nina Coach, a solution to help organisations train, deploy and improve virtual assistants faster than ever before by tapping into artificial intelligence and leveraging existing human knowledge.

21 June 2017

News/Innovation

Live: EBAday 2017, day two

Payments professionals from across Europe are gathering in Dublin this week for EBAday 2017, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

21 June 2017

News/Innovation

Aussie government requests tenders to operate new Melbourne fintech hub

The Victoria state government is seeking applications for “experienced innovation hub operators” to establish a fintech hub in Melbourne.

21 June 2017

Finextra TV/Innovation

PSD2, Open Banking, APIs the customer

Hamish Thomas, Partner, EMEIA Payments Leader,EY, talks about PSD2, Open Banking and the wider impact banks have to provide and share customer information with third-party services providers through API networks. How banks share data and yet control and protect it to conform to security and regulation is a challenge. They need to look at this holistically to meet their obligations.

20 June 2017

News/Innovation

BBVA spawns new biometrics company Veridas out of two-year startup partnership

BBVA and the startup Das-Nano have formed Veridas, a new biometrics technology company that will develop client identification and authentication systems.

20 June 2017

Company update/Innovation

Mastercard and Western Union explore digital model for refugee camps

On World Refugee Day, Mastercard and Western Union have announced a collaboration to explore the development of a digital model to help refugees more easily access basic human goods, services and finances within refugee settlements. The aim is to enable refugees, their host communities and donors to send and receive funds digitally, allowing for more transparency and long-term empowerment of refugees.

20 June 2017

News/Innovation

Live: EBAday 2017, day one

Payments professionals from across Europe are gathering in Dublin this week for EBAday 2017, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

20 June 2017

Finextra TV/Innovation

What banks and their customers can expect for the future

Jerry Norton, Managing Director, Financial Services, CGI, talks about the pivotal changes banks need to respond to, including PSD2, GDPR, instant payments and the need to leverage new technologies.

19 June 2017

Finextra TV/Innovation

Banks are transforming both digitally and culturally

Gerhard Kebbel, Managing Director, Digitalisation, Helaba, discusses the importance of digitalisation in financial services and the changes it brings. He talks about transforming the way banks both interact with, and respond to, their customers by engaging with them digitally to provide new innovative services and products. To achieve this banks have to undergo change embracing new technologies and cultural outlook.

19 June 2017

Finextra TV/Innovation

The future of Correspondent Banking and Cross Border Payments

Marc Recker, Head of Market Management, Institutional Cash Management, Deutsche Bank talks about the future of Correspondent Banking and Cross Border Payments in the Financial Institutions market. He offers his views on the need to look again at current business models, the issues of managing compliance, risk and transparency, the digital economy and and the imminent launch of Swift’s gpi initiative.

19 June 2017

Company update/Innovation

Australia's Avoka wins ATB innovation challenge

KPMG and Matchi are delighted to announce that Avoka is the winner of ATB Financial’s Customer Onboarding Global Innovation Challenge.

19 June 2017

Company update/Innovation

TechPrenuer Africa signs fintech MoU with Abu Dhabi Global Market

TechPreneur Africa, a social impact firm focused on harnessing innovation and entrepreneurship to achieve real economic impact across Africa has signed a memorandum of understanding (MOU) with Abu Dhabi Global Market (ADGM), an international financial centre in Abu Dhabi, to foster and support the growth and activities of FinTech in the Middle East and African regions.

19 June 2017

News/Innovation

Worldpay pilots app-only mPOS for small retailers

Worldpay is conducting extended trials of a software-based mobile points of sale system which helps cash-only mobile and micro retailers to accept card and phone payments on their NFC devices.

19 June 2017

Finextra TV/Innovation

There isn’t long to get a grip on instant payments

Paul Thomalla, Senior Vice President, Global Corporate Relations & Development, ACI Worldwide, talks about the next phase of instant payments, the consolidation into low value and high value payments, the need for international integration, and the cultural change required in banks to make instant – and digital – work.

19 June 2017

News/Innovation

UBS dangles $200,000 carrot to woo startups to fintech challenge

UBS is promising funding of up to $200,000 to run proof-of-concept or pilot trials for outstanding startups emerging from its second global Future of Finance competition.

16 June 2017

Finextra TV/Innovation

For blockchain success, start with customer

Adrian Smyth, Director, Business Development, Payments, NatWest, discusses opportunities to use distributed ledger to improve financial inclusion – and progress with common standards and methodologies to make DL implementation easier.

16 June 2017

Finextra TV/Innovation

Performance requirements of instant can be daunting

Tristan Blampied, Senior Product Manager at Pelican, talks about the rise of real-time payments, the challenges in meeting performance demands, the compliance requirements of instant and how off the shelf platforms can help.

16 June 2017

News/Innovation

Santander's Openbank relaunched as 100% digital bank

Banco Santander is overhauling the operations of its direct banking subsidiary in Spain, transferring all IT assets and client transactions to the cloud and revamping its online and mobile presence as part of a group-wide mission to recruit 30 million digital customers by 2018.

16 June 2017

Company update/Innovation

JPMorgan splashes $3 million on eight FinLab startup winners

Today the Financial Solutions Lab (FinLab) at the Center for Financial Services Innovation (CFSI) with founding Lab partner JPMorgan Chase & Co. (NYSE:JPM) announced eight financial services innovators as the winners of its third competition, aimed at identifying solutions that can help Americans improve their financial health.

16 June 2017

News/Innovation

AIG and Standard Chartered run multi-national insurance policy via DLT

American International Group, IBM and Standard Chartered Bank have converted a multinational, controlled master policy written in the UK, and three local policies in the US, Singapore and Kenya, into a 'smart contract' that provides a shared view of policy data and documentation in real-time.

16 June 2017