Innovation

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/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.

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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.

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Finextra's 2016 in review

As Finextra pulls the shutters down on 2016, we take a look back at our most popular news stories, videos, and community engagement activities over the course of the past year. The site will re-open for business on 3 January 2017.

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Varo Money debuts Kasisto smart bot

Kasisto, a company that aims to transform consumer banking with conversational AI, and Varo Money, Inc. (“Varo”), a mobile-only banking start-up that will help consumers gain greater control of their financial lives, today announced a partnership whereby Kasisto’s KAI Banking platform will power “Val”, the new smart bot inside Varo’s mobile app.

/Innovation

Royal Canadian Mint joins Goldmoney blockchain platform

The Royal Canadian Mint is to allow transfers of gold bullion value stored in its vaults over a blockchain network run by Goldmoney Inc.

/Innovation

Lombard launches digital contract guide to lift the jargon from small print T&Cs

From today Lombard customers with new Unregulated Lease Purchase agreements will be the first to benefit from Nift, a new innovative product created in collaboration with venture development firm Prehype and NatWest. NatWest and Lombard are both part of RBS.

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Mahindra Comviva launches chat bot for digital wallets

Mahindra Comviva, the global leader in providing mobility solutions, today announced the release of the new version of mobiquity Wallet which comes with an embedded chatbot to assist wallet consumers through their digital payments journey with their banks.

/Innovation

MetLife opens virtual reality channel

MetLife in India has launched a new customer service platform available only through a virtual reality headset.

/Innovation

Card Cutters models contactless clothing

Card Cutters have come up with a solution to make this festive shopping experience much easier for everyone concerned – our prototype contactless clothing.

/Innovation

Big banks prepare $20 million funding round for Axoni - Reuters

Goldman Sachs, JPMorgan and Icap are among a clutch of major financial institutions preparing to invest up to $20 million in blockchain startup Axoni, according to a report by Reuters.

/Innovation

Lloyds partners startups peddling bill payments tech and AI virtual assistants

Lloyds Banking Group is to test-drive technology presented by two of the ten companies participating in this year's Startupbootcamp demo day in London.

/Innovation

Agile implementation allows higher success rate

Anders Holm, Delivery Director, Nordics, Temenos, outlines the differences between agile implementation and other approaches, and its pros and cons.

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It’s all about the client, not just digitalisation

Aditya Bhasin, Consumer and Wealth Management CIO, Bank of America, outlines where banking should focus, and how fintechs and banks can practically work alongside each other.

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ABN Amro tests distributed ledgers in real estate sector

ABN Amro's journey to explore the full potential of blockchain-based transactions in financial services has moved into the commercial real estate sector.

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Fintechs and banks are complementary

Marwan Naami, Innovation Manager, Startup Program Lead, BNP Paribas, speaks about the importance of collaboration for fintechs and banks and what is happening in the industry to encourage this.

/Innovation

London pub trials self-service beer pump with contactless card reader

This Christmas drinkers in one London pub will be spared the ritual of frantically waving £20 notes at bar staff in an effort to grab their attention, thanks to a self-service beer pump with built-in contactless payment capabilities.