Latest Innovation News: Finextra Research

Fidelity explores VR for finances

US financial services giant Fidelity Investments is dabbling in virtual reality, exploring how the technology could help firms visualise employee savings and build retirement plans.

07 December 2016

Company update/Innovation

App-only bank for foreign residents in Europe opens for pre-registration

europeone, the next-gen financial start-up, showcased its concept to over a thousand attendees at one of London’s prime fintech events, the United Fintech DemoDay, The event was organized by Startupbootcamp FinTech, the leading accelerator focused on financial innovation that has been supporting europeone since May 2016.

06 December 2016

Finextra TV/Innovation

Transaction banks need to improve product offering

John Box, Head of Strategic Partnerships, Raphaels Bank, examines how corporate customer’s requirements are changing and where disruption is taking place in transaction banking.

06 December 2016

Company update/Innovation

Envestnet/Yodlee unveils new fintech incubator class

Envestnet | Yodlee (ENV), a leading data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services, today announced the members of the newest Envestnet | Yodlee Incubator class.

05 December 2016

Finextra TV/Innovation

PSD2 will transform the payments landscape

PSD2 is unravelled by three Deutsche Bank experts: Christian Fraedrich, Product Manager, Treasury Payments & Euro Clearing, Institutional Cash Management, Jan Lisaus, Head of Cards and Payments, Private & Business Clients, and Christian Schaefer, Head of Payments, Cash Management Corporates. They discuss innovation surrounding the directive, its implications for financial institutions, private individuals, and corporates, and how it will affect the EU market.

05 December 2016

News/Innovation

Fed Governor sounds warning on alternative credit scoring data

A Federal Reserve governor has cautioned fintech firms about the risks of using non-traditional data such as social media information to judge creditworthiness, warning that it could lead to them falling foul of fair lending laws.

05 December 2016

Company update/Innovation

FSB Asia contemplates impact of new technology on retail payments

Today, the Hong Kong Monetary Authority hosted the eleventh meeting of the Financial Stability Board (FSB) Regional Consultative Group (RCG) for Asia.

05 December 2016

Company update/Innovation

Visa hosts Dubai digital payments hackathon

Visa (NYSE:V), a global payments technology company, hosted a two day ‘Digital Payments Hackathon’ in partnership with Dubai Internet City during the 2016 UAE Innovation Week.

05 December 2016

News/Innovation

Irish core banking startup Leveris on course for EUR15 million fund raise

Irish fintech startup Leveris is set to raise €15m from investors for the launch of a new core banking platform comprising a full service, end-to-end digital retail bank and lending suite.

05 December 2016

Company update/Innovation

Deutsche Bank strengthens innovation team

Deutsche Bank today announced that it has strengthened its innovation team with two new appointments.

05 December 2016

News/Innovation

China tops world fintech rankings

China has outpaced London, New York and Silicon Valley to become the world's undisputed global fintech leader, according to a report by DBS and Ernst & Young.

05 December 2016

Finextra TV/Innovation

If you don’t digitalise you will lose the business

Ilkka Ruotsila, Industry Expert, speaks about how digital is changing investors’ needs and what strategic topics incumbent Wealth Managers should be focusing on for their digitalisation journey.

05 December 2016

Finextra TV/Innovation

Convenience needed for business banking customers

Tuomas Toivonen, Co-Founder, Holvi, outlines the key requirements for next generation banking customers and how regulation is impacting this picture.

02 December 2016

News/Innovation

OCC to offer fintech firms bank charter status

The US Office of the Comptroller of the Currency (OCC) is to begin accepting applications from fintech companies to become special-purpose national banks.

02 December 2016

News/Innovation

BBVA board alights in San Francisco

Reinforcing its commitment to digital transformation, Spain's BBVA is holding a four-day board meeting in San Francisco, connecting with staff, startups and academics as it charts a path for banking in the 21st century.

02 December 2016

Finextra TV/Innovation

The word ‘innovation’ has been used and abused

Senthil Ravindran, Global Head, Fintech Lab, VirtusaPolaris, discusses the challenges banks face in innovating quickly, and what technologies have the most potential for banks.

02 December 2016

News/Innovation

Lithuania makes a pitch for post-Brexit UK fintech firms

Lithuania is looking to become the destination of choice for UK fintech firms seeking EU passporting rights in post-Brexit Britain.

02 December 2016

News/Innovation

Russian banks held up as technology role model for UK financial services firms

The UK's banks are trailling their counterparts in Russia in their attitude to innovation and cybersecurity, delegates were told at the annual Russian-British Business Forum in London

02 December 2016

Company update/Innovation

Finland's central bank explores the blockchain

The Bank of Finland organised today, in cooperation with the Ministry of Finance, a seminar on the possibilities offered by blockchain and distributed ledger technologies in various sectors of society.

01 December 2016

Finextra TV/Innovation

Predictability is important for regulation

Erkki Poutiainen, Strategy Manager, Nordea, discusses the objectives of the regulators, what challenges are presented when looking at regulatory harmonisation and how to create a level playing field.

01 December 2016