Latest Innovation News: Finextra Research

Robot heart surgeons more trusted than robot bankers

New research from HSBC has found that people would rather put their faith in a robot to perform open-heart surgery than trust one to open a savings account or provide mortgage advice.

24 May 2017

Company update/Innovation

Van der Kleij resurfaces with new tech hub venture

Tech pioneer, Eric Van der Kleij, returns to the forefront of the UK’s technology scene today with his next venture, the launch of C4DR; a multi-city business development hub comprising a built-in international corporate foundry, a series of startup challenge programmes targeting key industry verticals, and an in-house 4IR think tank.

24 May 2017

News/Innovation

BBVA launches Open API marketplace

BBVA is making eight of its APIs commercially available to companies, startups, and developers worldwide, enabling the integration of customer banking data with third party products and services.

24 May 2017

News/Innovation

MAS joins forces with World Bank's IFC to push Asian fintech innovation

The Monetary Authority of Singapore (MAS) has teamed up with World Bank Group member IFC to encourage fintech innovation in Asia through the establishment of an Asean Financial Innovation Network (Afin).

24 May 2017

News/Innovation

ING Robot goes on tour to teach kids about money

ING is taking a humanoid robot on a tour of its Dutch branches to teach kids how to manage their money.

24 May 2017

Company update/Innovation

Gamified finance app Long Game raises $6 million in seed funding

Saving money has never been easier or more appealing for people in the U.S. Long Game is a personal finance app that encourages users to save money while winning prizes.

23 May 2017

News/Innovation

R3 raises $107m

In the largest funding round in the history of distributed ledger technology, the R3 consortium has raised $107 million from around half of its members as well as Intel and Temasek Holdings.

23 May 2017

Company update/Innovation

Calmejane and Barberis join board of new fintech educational initiative

The Centre for Finance, Technology and Entrepreneurship (CFTE) launches today. CFTE is building the future of online education in finance, with an EdTech platform that supports finance professionals to adapt to a rapidly changing industry.

23 May 2017

Company update/Innovation

Handelsbanken backs Stockholm Fintech Hub

Stockholm Fintech Hub today announces the beginning of a strategic partnership with Handelsbanken, one of Sweden’s major banking institutions.

23 May 2017

Company update/Innovation

CBA seeks inspiration from within with global 'intrapreneur' programme

Innovation runs deep at the Commonwealth Bank with ideas flourishing in a successful internal ideas challenge program.

23 May 2017

News/Innovation

Financial Stability Board weighs in on fintech credit markets

Global regulatory bodies are calling for increased scrutiny of credit offerings from fintech-based alternatives to traditional banks.

23 May 2017

News/Innovation

Bank/fintech collaboration can take transaction banking to new heights

With banks and emerging technology companies bringing a raft of new innovations and business models to the industry, Claudio Camozzo and Jan Kupfer, global co-heads of Global Transaction Banking at UniCredit, argue that bank-fintech collaboration alongside a customer-focused approach is essential to seize – and maximise – the opportunities at hand.

23 May 2017

News/Innovation

Enterprise Ethereum Alliance triples in size

Corporate support for the Enterprise Ethereum Alliance is gathering momentum, with 86 new companies adding their weight to the initiative to promote the uptake of Ethereum as the foundation for running smart contracts in Fortune 500 enterprises

22 May 2017

Company update/Innovation

Speech recognition startup wins Metlife Singapore event

LumenLab, MetLife’s Singapore-based innovation center, this evening announced Uniphore as the winner of its inaugural corporate-startup engagement program, collab, following the demo day which took place today in Singapore.

19 May 2017

Company update/Innovation

Bank of Ireland adds more startups to NYC programme

Bank of Ireland is delighted announce that BriteBiz, Glofox, LogoGrab and KONG Digital will join Deposify, Pulsate and Axonista on the Bank’s startlab NYC programme which will see them gain access to free incubation space in New York City.

19 May 2017

News/Innovation

UK SMEs missing out on £1.6bn by not accepting 'next gen' payments

Small and medium sized enterprises are missing out on an estimated £1.6 billion by not accepting next generation payments technology such as one-click ordering and 'conversational' transactions, according to research from Barclaycard.

19 May 2017

News/Innovation

Banks must get on AI bandwagon now – new Finextra research

Big data, faster processing and cheap storage make it possible to turn the vision of AI in banking, developed over decades, into reality – today. The technology will only improve, and not engaging now would be to run the risk of falling behind never to catch up, finds a new Finextra research paper.

19 May 2017

Company update/Innovation

SnapSwap wins BBVA Open Talent Identity competition

SnapSwap, a fintech startup developing innovative solutions for financial institutions and other businesses, won the ninth edition of the biggest international FinTech competition for startups, BBVA Open Talent Identity yesterday in Washington D.C.

18 May 2017

News/Innovation

Google and PayPal partner for mobile shopping by fingerprint

Android Pay users that have linked their PayPal accounts will soon be able to pay for goods when mobile shopping using the Chrome browser with just just a touch of their fingerprint.

18 May 2017

Company update/Innovation

Yapi Kredi revamps mobile app with card control buttons, eyeprint ID and contactless ATMs

Yapı Kredi, Digital Bank of Turkey continues to develop revolutionary applications and to break new frontiers.

18 May 2017