Innovation

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/Innovation

Hellenic Bank launches API public beta

In a short period of time, Hellenic Bank has managed to establish a reputation for its innovation-oriented initiatives and has gained a position on the world stage. We have now stretched beyond the realm of traditional banking to lead the way in reimagining financial services through API Banking.

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Spotcap introduces fintech fellowship

At a time of increasing need for graduate and post-graduates with fintech expertise, the Spotcap Fellowship Programme affords talent with the opportunity to pursue graduate or post-graduate studies in a fintech related field.

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Ixaris launches B2B payments innovation challenge

OPC Live! Innovation Challenge launches today at the Innovate Finance Global Summit in London in a bid to encourage developers and financial technology companies across the world to help transform business-to-business payments, an industry that generates $290 billion in revenues but lags retail payments in transaction automation by several years.

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UK calls for global fintech regulations

The UK's Financial Conduct Authority (FCA) has called for an international regulatory framework to be applied to fintech startups in order to prevent a 'Wild West' approach to governance of the sector.

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Visa Everywhere Initiative lands in Europe with EUR50,000 prize

Visa is bringing its Everywhere Initiative to Europe, dangling a EUR50,000 prize in front of fintech startups, inviting them to pitch ideas that link digital payments with local communities and travel.

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Hong Kong enters central bank digital currency fray

The Hong Kong Monetary Authority (HKMA) has teamed up with local banks and the R3 consortium to explore the creation of a central bank digital currency.

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Lloyds updates on fintech mentoring scheme

Last year, Lloyds Banking Group announced the launch of a new mentoring scheme that sees FinTech start-ups benefit from the broad expertise of its colleagues from across the Group.

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Speech: The FCA's Christopher Woolard on innovating for the future

Introduction: the case for innovation in financial services I'd like to thank Innovate Finance for inviting me to speak today.

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Mastercard welcomes latest Start Path program members

Today, Mastercard welcomed five new startups to its Start Path Global program – the company’s global initiative to support innovative later-stage startups who are reshaping the future of commerce.

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London and Singapore remain world's top fintech hubs

Fintech has become a truly global phenomenon, with hubs popping up in cities around the world, although established players such as London and Singapore continue to be the top centres, according to a report by Deloitte.

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Starling Bank developer portal goes live

Starling Bank today unveiled its much anticipated Developer Portal and took the next step on its roadmap to building out its Marketplace Platform.

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Commonwealth Bank and QxBranch release quantum computing simulator

QxBranch, the quantum computing and data analytics software company, today announced the release of a quantum computing simulator for the Commonwealth Bank of Australia (CBA).

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First Islamic fintech gets UK regulator's approval

A London-based start-up claims it is the first shariah-compliant fintech to be given regulatory approval in the UK.

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Startups move into Frankfurt fintech hub, The Spot

German Robo Advisor Ginmon and other FinTechs move into the new center “The Spot” and settle in Frankfurt’s financial district.

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Challenger banks and incumbents to share the stage for Finextra NextGen conference

A strong line-up of challenger banks, established banks and fintech startups will take to the podium at Finextra's forthcoming NextGen banking event in London on 9 May to debate the disruptive forces reshaping the banking sector.

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OfferZen invites developers to build their own bank with programmable account

South African developer community OfferZen is conducting a private beta of a programmable bank account that lets coders create new services to meet their personal requirements.

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BBVA execs meet Propel Venture Partners startups

Senior executives from BBVA got the chance to meet with some of the USA’s most innovative and forward thinking financial technology businesses this week at the first tech summit hosted by BBVA-backed venture capital firm Propel Venture Partners.

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Sweden, UNEP and fintechs collaborate for sustainable finance

The Stockholm Fintech Hub is supporting Sweden and the United Nations Environment Programme to pilot the UN’s 2030 vision for sustainable finance.

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Battle for IP ownership challenges fintech collaboration

Banks and asset managers are being hampered in their efforts to work with fintech firms by the desire to own intellectual property (IP), according to research from law firm Simmons & Simmons.

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InsurTech startup Trov closes $45 million Series D financing

Trov, the technology company revolutionizing insurance for the tech-empowered consumer, today announced that it has closed $45 million in Series D funding led by Munich Re / HSB Ventures, bringing its total funding to just over $85 million.