6712 articles tagged with this keyword
Company update/Innovation
Ageas is set to be the first UK insurer to use Artificial Intelligence (AI) technology across its award-winning motor claims management, working in partnership with Tractable, the AI technology specialists.
18 May 2017
News/Innovation
The US Commodity Futures Trading Commission (CFTC) is setting up a fintech Lab that will work with startups to drag the agency into the digital age.
Standard Chartered group chief information officer, Dr Michael Gorriz says that banks need to develop new strategies for how to harness their data assets to spur growth.
The Payments Canada Summit will again play host to a competition between some of Canada’s most innovative FinTech, PayTech, AI and RegTech startups.
17 May 2017
Wells Fargo (NYSE:WFC) announced today that it has selected two new companies – ProxToMe and Uniken – to join the Wells Fargo Startup Accelerator.
The Open Bank Project, leading API solution for banks, has partnered with Societe Generale Group, one of the largest European financial services groups, to hold an internal hackathon focused on Open Banking.
A new mobile app is promising to help users avoid drunken late night impulse spending by linking credit and debit cards to a breathalyser and, if too much has been imbibed, barring certain purchases.
European banks say that privacy of client data, cybersecurity and innovation are at risk should the European Commission bow to the demands of fintech firms and backtrack on plans to ban screen-scraping under the revised Payment Services Directive, PSD2.
16 May 2017
US bank Citi has appointed Gulru Atak, an executive at its Turkey business, as head of its innovation lab in Dublin.
Lloyds Banking Group and Digital Leaders will today join forces to host a digital salon in Manchester, focused on tackling the challenge of improving digital skills across the region.
The Monetary Authority of Singapore (MAS) today announced the second edition of the Singapore FinTech Festival, to be held in Singapore from 13 to 17 November 2017.
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, is pleased to approve its first batch of FinTech Regulatory Laboratory (Reglab) participants comprising 5 local and international FinTech startups with various innovation offerings.
Nearly a third of UK consumers would consider using Amazon, Google, Facebook or Apple for banking services, while 48% would be happy for banks to share their transaction data with trusted third parties if it gave them a more personalised experience.
Toronto has the potential to be a strong fintech hub but, without a clear strategy and private and government support, the Canadian city could also see its position in the global pecking order slide, suggests a new report written by Accenture and McMillan.
The People's Bank of China has set up a committee that will investigate the impact of fintech on monetary policy and financial markets as well as how big data and AI can be used for regulatory oversight.
15 May 2017
A host of board directors, chief financial officers and payments and technology heads from Europe's leading banks have confirmed their participation in the conference programme for the twelfth annual EBAday, taking place this year in Dublin between the 20th and 21st June.
12 May 2017
The Canadian Imperial Bank of Commerce (CIBC) is backing a new data hub in the city of Waterloo, posting a team of data scientists at the spot to work with local students and fintech startups.
The Financial Conduct Authority (FCA) today entered into a co-operation agreement with the Securities and Futures Commission (SFC) in Hong Kong to foster collaboration in support of financial technology (Fintech) innovation.
Digital bank Monzo is putting its API developer plans on ice as it faces up to the challenge of launching current accounts for its 190,000 customers.
American Express cardholders can now use Amazon's Alexa to check their account balance, review recent charges, make a payment and find out about new offers from the card scheme.
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