Latest Innovation News: Finextra Research

Blockchain bank Babb appoints Ripple advisor as CTO

Blockchain-based banking startup BABB has today announced the appointment of blockchain heavyweight Dr. Anish Mohammed, who has joined the team as CTO & CSO to spearhead the launch of the world’s first blockchain-based bank account.

15 June 2017

Finextra TV/Innovation

Don’t turn your back on face-to-face banking

Gavin Kelly, Director of Distribution Channels, Bank of Ireland, discusses why banks shouldn’t be afraid of innovation, and how they can reinvent their presence in the community by deploying branch spaces for community engagement.

15 June 2017

News/Innovation

FCA says regulatory sandbox growing in popularity as second cohort is unveiled

The Financial Conduct Authority has selected 31 firms for its second cohort of regulatory sandbox participants, narrowing down the field from an initial list of 77 submissions.

15 June 2017

Finextra TV/Innovation

FRTB requires massive changes in your workflow

Philippe Carrel, Chief Alliances and Marketing Officer, Calypso, explains why the FRTB really is fundamental, and discusses firms’ options to deal with the changes it demands.

15 June 2017

Company update/Innovation

Singapore's FinLab puts eight startups on the accelerator

After sieving through close to 400 applications across 44 countries, The FinLab, Singapore's first corporate fintech accelerator, selected 8 innovative fintech businesses for its second cycle of acceleration.

15 June 2017

Finextra TV/Innovation

AI opens up high-end next-gen automation

David Bannister, Principal Analyst, Financial Services Technology, Ovum, talks about the search for the killer app for voice processing technology, the cultural hurdles to be overcome on the path to AI adoption and how AI will work together with IoT and blockchain.

15 June 2017

Finextra TV/Innovation

Innovation platforms help banks exploit emerging tech

Rob Hetherington, Global General Manager Financial Services, SAP, talks about why emerging technologies are so hot right now, the use cases for machine learning already making an impact and how financial services firms need to be able to experiment to unlock the power of these technologies going forward.

15 June 2017

Company update/Innovation

FinTech Australia to run week-long festival in Melbourne

Australian fintech industry leaders today announced that Melbourne would later this year host a week-long fintech festival, which is expected to be the most influential event of its type in the Asia-Pacific region.

15 June 2017

News/Innovation

EU rules on software investment attacked by bank lobby group

The European Banking Federation has called on EU policymakers to rethink their prudential requirements for software investments by banks, describing the current treatment as a "significant disincentive for investments in innovation".

15 June 2017

Company update/Innovation

SixThirty Cyber selects six startups to join 2017 portfolio

SixThirty CYBER, a St. Louis-based business development program that invests in cybersecurity companies, has announced the six companies that will be a part of the SixThirty CYBER 2017 Portfolio & Business Development Program.

14 June 2017

News/Innovation

Finra to set up fintech industry committee

US regulatory body Finra has established an Innovation Outreach initiative to co-ordinate its ongoing research into fintech trends, beginning with a blockchain symposium in New York.

14 June 2017

Company update/Innovation

IBM sets its sights on cognitive regtech

Today, IBM (NYSE: IBM) launched the first suite of cognitive solutions to help financial institution professionals manage their regulatory and fiduciary responsibilities.

14 June 2017

News/Innovation

USAA takes stake in cognitive computing firm

USAA is to implement artificial intelligence technology to improve customer services following participation in a $15 million funding round for CognitiveScale.

14 June 2017

News/Innovation

Central Bank of Bahrain debuts regulatory sandbox

The Central Bank of Bahrain has opened a regulatory sandbox for fintech firms worldwide to test their technology ahead of live deployment in the Kingdom.

14 June 2017

Company update/Innovation

Startupbootcamp ditches demo day for nation-hopping demo tour

Startupbootcamp FinTech, the world’s leading accelerator focused on financial innovation, has announced its first ever Demo Tour, replacing the traditional Demo Day that marks the end of the accelerator program.

14 June 2017

Company update/Innovation

Temenos joins Luxembourg fintech hub The Lhoft

Temenos Group (SIX: TEMN), the software specialist for banking and finance, has become the latest Leadership Circle Partner of the Luxembourg House of Financial Technology Foundation (The LHoFT).

14 June 2017

News/Innovation

Swift Business Forum, New York - live blog

Welcome to Finextra's live coverage of the Swift Business Forum in New York. This event will focus on the key issues affecting the financial industry, including banking, payments, and securities. Cyber security will also be a hot topic, in light of the announcement of Swift's Customer Security Programme.

14 June 2017

Company update/Innovation

Smart loyalty app wins ABN Amro ‘Beyond Banking’ hackathon

ABN AMRO yesterday selected Monnei as Most Valuable Prototype from an exceptionally strong group of 41 participant teams.

13 June 2017

Company update/Innovation

BNP Paribas completes third international hackathon

The third BNP Paribas International Hackathon was held last weekend simultaneously in the ten participating countries.

13 June 2017

Company update/Innovation

Hong Kong and Australia seal agreement on fintech cooperation

The Hong Kong Securities and Futures Commission ('the SFC') and ASIC today signed a Co-operation Agreement which provides a framework for cooperation to support and understand financial innovation in each economy.

13 June 2017