Innovation

6692 articles tagged with this keyword

/Innovation

Creating transparency with immediate payments

Carl Robinson, VP Sales, Immediate Payments, ACI Worldwide, discusses the impact of real-time payments on banks’ business customers, the importance of same-day ACH, and the effect these developments will have on risk management.

/Innovation

India's SBI to launch digital-only bank

The State Bank of India (SBI), the country's largest lending institution is to experiment with branchless banking after announcing plans to launch a digital-only bank later this year.

/Innovation

US regulator cites fintech as risk to banking system

Emerging financial technology poses a threat to US banks that are unable to compete with this developing field, according to an official report from the US Office of the Comptroller of the Currency (OCC).

/Innovation

Idea Bank uses GPS for pay-as-you-drive car loans

Poland's Idea Bank is aiming to shake up the auto lending market with a new pay-as-you-drive model that uses GPS to track drivers to calculate their monthly payments.

/Innovation

Barclays promises faster biz loans via mobile app

In a move it claims can help unlock a multi-billion pound opportunity for the UK economy, Barclays has revamped its mobile app to enable businesses to secure loans and overdrafts in minutes.

/Innovation

P2P lender gets £40m boost from UK government

UK startup Funding Circle has received £40m from the state-owned British Business Bank (BBB)on the condition that the funds be used to lend to small businesses, according to a report from news website Business Insider.

/Innovation

Scottish University creates fintech degree course

The University of Strathclyde has launched a Masters of Science (MSc) programme in fintech, what it claims is the first such course in the UK.

/Innovation

Japanese insurer to replace 30% of workers with AI

More than 30 workers at Japan-based Fukoku Mutual Life Insurance are set to be replaced by artificial intelligence (AI), according to Japanese daily The Mainichi.

/Innovation

Indonesia issues new rules for fintechs

The Indonesian Financial Services Authority (OJK)has introduced new regulations for fintech firms running a peer to peer lending business, according to a report in the Jakarta Post.

/Innovation

Yes Bank uses blockchain to help client with vendor financing

India's Yes Bank has enlisted the help of IBM for a blockchain project that digitises vendor financing for client Bajaj Electricals.

/Innovation

Paytm gets RBI nod for payments bank launch

Indian mobile wallet giant Paytm has received the regulatory green light to begin operating one of the country's new wave of payments banks.

/Innovation

Concardis partners with IAV to develop automotive marketplace

Payment service provider Concardis and IAV, one of the leading development partners for the automotive industry, will be presenting the Automotive Marketplace at the Consumer Electronics Show (CES) from 5 to 8 January 2017 in Las Vegas.

/Innovation

House of Fraser invests £35m in neobank Tandem

A UK department store is making a multi-million pound investment in an app-only challenger bank in order to offer its shoppers an exclusive banking tool and payment method.

/Innovation

China launches $1.5bn fintech fund

A consortium of Chinese state-owned companies and private enterprises has created a $1.44 billion investment fund dedicated to fintech mergers and acquisitions.

/Innovation

Nigerian fintech scene expands

Africa has caught the world’s attention with its advancements in the financial technology (fintech) space and usage of mobile money.

/Innovation

Banks must convert to customer-centric models

Kanika Hope, Strategic Business Development Director, Retail & Corporate Banking, Temenos, speaks about how disruption is changing the structure of the retail banking industry and why legacy infrastructures in most banks are no longer fit for purpose.

/Innovation

Cyber terrorism: a defining issue of our time

George Doolittle, Executive Vice President, Head of Global Payment Services, Wells Fargo, outlines how cybercrime should be tackled and how banks should be driving new technology.

/Innovation

Real-time payments encourage a rethink of banking

Paris F. Roselli, Senior Vice President, Digital & Telephone Banking & Payments Strategy, M&T Bank, discusses how fintech is impacting digitalisation, and how banks can leverage data and real-time payments.

/Innovation

Fintech is a maturing teen, banks are the parent

Paul Thomalla, Senior Vice President Global Corporate Relations & Development, ACI Worldwide, discusses how the payments industry has changed in 2016: how fintech has disrupted banking, the progression of the blockchain picture, and how banks have digitalised.

/Innovation

BNP Paribas re-opens fintech accelerator

BNP Paribas has embarked on an Open Innovation and joint creation initiative with fintechs with a view to building the bank of tomorrow, the basic aim being to provide customers with an ever-more-satisfying and secure banking experience.