Latest Innovation News: Finextra Research

Investment in UK fintech drops by a third in 2016

VC investment in UK fintech dipped dramatically in 2016, showing a 33.7% downward slide to $783 million, in contrast to the $1.2 billion raised in the pre-Brexit 2015 glory days.

07 February 2017

News/Innovation

Mizuho prepares for IoT banking

Mizuho has begun research and development on the creation of a platform for secure payments using IoT devices such as smart home kits, connected cars, and wearables.

07 February 2017

News/Innovation

Credit Suisse taps R3 for blockchain-based hackathon

Credit Suisse has carried out a global hackathon to find ways in which the R3 Corda distributed ledger platform can be used to make big cost savings.

07 February 2017

Company update/Innovation

ABN Amro creates new tech roles in executive restructuring

Today, ABN AMRO announces a new management structure to become even more client-focused, agile and efficient.

06 February 2017

News/Innovation

Emirates NBD to roll-out biometrically-enabled 'Cockpit' dashboard to all branches

Emirates NBD has connected 14 different siloed applications to provide branch staff with a 360-degree single view of all customer relationships, combined with biometric digital signatures for paperless transactions and data-driven insights.

06 February 2017

Company update/Innovation

Lion Global Investors invites public participation in disruptive innovators fund

The world is constantly disrupted by new innovations and the ways people live, work and play have seen tremendous improvement because of positive disruption.

03 February 2017

News/Innovation

Swissquote introduces VR trading app

A Swiss online bank is introducing a virtual reality trading application which uses a VR helmet to create a a 360° trading wall for users to monitor the markets and make trades with a glance.

03 February 2017

Company update/Innovation

New Zealand to get fintech focus group

New Zealand’s biggest and smartest financial businesses are coming together with the Ministry of Business, Innovation and Employment (MBIE) around the launch of FinTechNZ, to take place in Christchurch, Wellington and Auckland next week.

03 February 2017

News/Innovation

Scotiabank makes digital bet in search of big productivity gains

Canada's Scotiabank has fleshed out its "digital transformation" plan, predicting that its massive outlay on new technology will lead to big efficiency improvements.

02 February 2017

News/Innovation

CMA issues final order on Open Banking

The UK's largest nine banks have been given a year to develop and adopt an Open Banking API interface for customer data sharing in a final order by the Competition and Markets Authority.

02 February 2017

Company update/Innovation

Irish Funds working on blockchain proof-of-concept

Irish Funds today announces that it is working with industry participants and Deloitte to develop a blockchain proof of concept for regulatory reporting.

02 February 2017

News/Innovation

Emirates NBD launches bank for the millennial generation

Designed and developed by a team of millennials, Emirates NBD has launched a lifestyle-focused digital-only bank, Liv..

02 February 2017

Company update/Innovation

Switzerland begins consultation on new fintech regulations

During its meeting on 1 February 2017, the Federal Council initiated the consultation on amendments to the Banking Act and Banking Ordinance in the fintech area.

01 February 2017

News/Innovation

WaveShades and pay - the latest in contactless wearables

Music lovers too wired to reach for their wallets at upcoming Laneway Festival events in five Australian cities will be able to make payments by simply tapping their sunglasses at the checkout.

01 February 2017

News/Innovation

Liverpool gets its own digital currency

Liverpool has launched its own digital currency using technology from Israeli-based blockchain startup Colu.

01 February 2017

Company update/Innovation

Switzerland kickstarts new accelerator programme

Kickstart Accelerator, one of Europe’s largest multi-corporate, zero-equity technology accelerators and an initiative of digitalswitzerland, has today announced that applications are open to international startups for its second programme, predominantly based out of ewz-Unterwerk Selnau, the old transformer station in centre of Zurich.

01 February 2017

News/Innovation

Is proptech the new fintech? Trussle follows Habito with £4.5 million round

The UK's mortgage broking industry is being revolutionised by a new breed of online price comparison and fulfilment startups, with Trussle the latest to receive backing from a clutch of prominent fintech investors.

01 February 2017

Company update/Innovation

Starbucks debuts voice ordering with Amazon Alexa

Today (January 30), Starbucks is taking the next step toward evolving the digital customer experience by launching voice ordering capabilities within the Starbucks mobile iOS app and the popular Amazon Alexa platform.

31 January 2017

News/Innovation

ING aims to take blockchain experimentation to the next level

Dutch bank ING says it has conducted 27 proofs of concept of the application of blockchain technology in six business areas, including payments, trade finance and working capital solutions, financial markets, bank treasury, lending, and compliance and identity.

31 January 2017

News/Innovation

BNY Mellon backs plan for blockchain IoT protocol

The Bank of New York Mellon is one of several Fortune 500 firms teaming up with a host of distributed ledger technology startups to work on a blockchain-based Internet of Things protocol.

30 January 2017