Innovation

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/Innovation

Bank of Montreal invites startups to join fintech incubator

Bank of Montreal is bidding to strengthen its fintech partnership ties with the launch of a second four-month accelerator programme with the DMZ incubator at Ryerson University.

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Investing in financial inclusion

Arjuna Costa, Partner, Omidyar Network, discusses how to influence and develop the financial inclusion space, the impact of advocating inclusion to regulators, and the main areas of investment in financial inclusion.

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Russian banks and Mastercard pick fintech startups for Moscow accelerator

Russian financial institutions working together within the framework of collaborative fintech acceleration programme Fintech Lab, namely Ak Bars, VTB 24, Bank Saint Petersburg, Home Credit Bank and Absolut Bank picked 12 fintech startups they are going to mentor and guide through the acceleration programme.

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Fintech industry has been shaken by Brexit

Richard Reimer and Richard Diffenthal, Partners at Hogan Lovells discuss the value of fintech hubs in Germany and the UK, and the effect Brexit might have on the industry.

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The UK economy is dependent on fintech

Ron Kalifa, Vice Chairman and Executive Director, Worldpay, speaks about the value fintech gives to the UK economy and how financial institutions and fintechs are working together.

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Did someone cancel the fintech revolution?

Did someone cancel the fintech revolution or has it just been delayed? That's the question posed by a new report on the UK scene, which argues that new entrants have failed to lure customers from incumbents and that VC money has started to dry up.

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Russian researchers develop 'quantum-safe' blockchain

Researchers at the Russian Quantum Center today announced that they have created the first quantum-safe blockchain.

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Copenhagen FinTech signs MoU with Singaporean counterpart

“It is the right time and with the right people” stated H.E. Dorte Bech Vizard, Ambassador of Denmark to Singapore and Brunei, at the signing of the first Memorandum of Understanding (MOU) between Copenhagen Fintech and the Singapore Fintech Association.

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Regtech rises up the agenda in Australia

Two Australian fintech associations have welcomed a commitment by the country's securities regulator to step up research and investment in technologies that could help ease the compliance burden for new companies entering financial services.

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Bank of Canada says DLT not ready for interbank payment system

Following a year-long experiment, the Bank of Canada says that distributed ledger technology is not ready to act as the backbone of a wholesale interbank payment system.

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Worldpay creates VR payments prototype

Worldpay is experimenting with the use of virtual reality to provide genuine card transactions for users immersed in a computer-generated environment.

/Innovation

I'm all ears: NEC showcases the latest innovation in biometric security

NEC Corporation (NEC; TSE: 6701) today announced the development of a prototype "hearable device" (earphone device) user authentication technology, aiming to achieve new forms of convenient, safe and secure computing.

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FinTech Australia crowns Finnie award winners

The head of a trail-blazing agricultural supply chain solutions company and the joint CEOs of a leading business lender have been crowned by their peers as Australia’s fintech industry leaders for 2017.

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Digital payments to drive social justice

The power of digital payments to drive financial inclusion and social justice emerged as a key theme on the first day of the Payments Canada Summit in Toronto.

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New mobile app for opening multiple bank accounts overseas launches in the UK

ipagoo, a revolutionary mobile banking app is now available to customers in the UK.

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TMX develops blockchain prototype for energy business

TMX Group today announced the development of a blockchain-based prototype to power a new service offering from Natural Gas Exchange (NGX), a wholly-owned subsidiary of TMX Group and leading North American energy exchange.

/Innovation

Fintech hubs have spurred on innovation

Rich Schaberg, Partner, Hogan Lovells, outlines the key developments in fintech across the globe and what the value of collaboration with regulators or financial institutions, for new entrants.

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Dubai encourages fintech with temporary financial services licence

The Dubai Financial Services Authority is to allow fintech firms to apply for a restricted six-to-12-month financial services license in order to test out innovative new products and services on the ground.

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Brits warming to online banking - Nationwide

Twenty years after Nationwide launched the UK’s first Internet Bank, new research shows that most Brits say online banking has made them more financially aware.

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The digital industry needs to collaborate

Douglas Flint, Group Chairman, HSBC, speaks about the UK’s role as a fintech leader and how the industry is working with new entrants.