Latest Innovation News: Finextra Research

Addleshaw Goddard to offer free legal service to handpicked fintech startups

London law firm Addleshaw Goddard is the latest legal group to tap the expanding fintech scene with the launch of a programme valued at £500,000 in free legal advice and mentoring services to 16 top startups.

08 November 2016

Finextra TV/Innovation

Commercial drivers for real-time in Nordics

Christina Friberg, Head of Cross Border Payment Solutions, Nordea, outlines the drivers for real-time payments in the Nordics, and explores the associated risks.

07 November 2016

Company update/Innovation

Wipro launches Open Banking API platform

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced, the launch of its Open Banking API (Application Programming Interface) Platform.

07 November 2016

Finextra TV/Innovation

Why open banking matters for banks

Vincent Brennan, Head of Group Operations & Payments, Bank of Ireland, discusses the recent activities of the Euro Banking Association in the context of open APIs and open banking.

07 November 2016

News/Innovation

Standard Chartered and Fidelity to SuperCharge top startups

Standard Chartered and Fidelity have helped whittled down a list of 200 startup applicants to just eight finalists who will participate in the second SuperCharger Fintech Accelerator programme in Hong Kong.

07 November 2016

News/Innovation

HSBC and Lloyds among first FCA sandbox cohort; applications invited for next round

The Financial Conduct Authority is inviting fintech startups and banks to apply to join its second regulatory sandbox cohort, where innovative financial products can be tested before proceeding to authorisation.

07 November 2016

Finextra TV/Innovation

Increased pace and adoption of new technology

Sean Gilchrist, Managing Director, Commercial Digital, Lloyds Banking Group, outlines the role of emerging technology on banking, and how the regulatory burden continues to impact the industry.

07 November 2016

News/Innovation

SEB to build Ripple-flavoured blockchain payments network

SEB is to use blockchain technology from Ripple to enable customers to make real-time intra-bank transfers between accounts in Stockholm and New York.

07 November 2016

Company update/Innovation

BNY Mellon to open eighth innovation centre in Singapore

BNY Mellon, a global leader in investment management and investment services, today announced its newest Global Innovation Center will open in Singapore on 17 November 2016.

07 November 2016

Finextra TV/Innovation

Battle between fintechs and banks a nonsense

Daniel Marovitz, COO and President for Europe, Earthport, talks about how the trumped up story of conflict between banks and fintechs is resolving into a partnership approach, and discusses the regulatory, cultural and practical challenges for banks in implementing blockchain.

07 November 2016

News/Innovation

ANZ replaces CIO with Dimension Data cloud chief Florian

ANZ's plans to move more banking systems to the cloud has materialised in the replacement of chief information officer Scott Collary by Gerard Florian, the chief strategy officer of Dimension Data's cloud unit, in a more powerful position as group executive technology.

07 November 2016

News/Innovation

Standard Chartered and IBM back Byte Academy's Singapore fintech school

Standard Chartered Bank, IBM, Insead, Thomson Reuters and Microsoft are backing a fintech school at New York-based Byte Academy's first international venture, in Singapore.

07 November 2016

Finextra TV/Innovation

Digital transformation needs end to end thinking

Alan Trefler, Founder & CEO, Pegasystems, speaks about how the double whammy of regulation and more demanding customers is creating challenges for banks, and the danger of implementing multiple point solutions without thinking about how to plug them into a backbone to achieve a holistic approach to digital transformation.

04 November 2016

Finextra TV/Innovation

Focus on leading blockchain technologies

Philippe Ruault, Head of Innovation and Digital Lab, BNP Paribas Securities Services, speaks about the implementations of blockchain and what the associated issues may be in its application.

04 November 2016

Finextra TV/Innovation

We are moving to a faster-paced environment

Ruth Wandhöfer, Global Head of Regulatory & Market Strategy, Citi, lays out how PSD2 benefits the banks and the relationship between the directive and instant-payments.

04 November 2016

Company update/Innovation

Senegal to get bank-backed digital currency

eCurrency Mint Limited (eCurrency) announced today that it has partnered with Banque Régionale de Marchés (BRM) to provide a digital currency in the West African Economic and Monetary Union (WAEMU).

04 November 2016

Company update/Innovation

Fintech investment fund Senjo Group opens new HQ in Singapore

Senjō Group, a privately held investment firm, unveiled today its new global headquarters in Singapore.

04 November 2016

News/Innovation

Tandem Bank welcomes its first customers; Loot steps into the fray

UK digital challenger bank Tandem has begun inviting its community of 10,000 Co-Founders to be the bank’s first customers.

04 November 2016

News/Innovation

Swiss banks pair up with Kickstart cohort

A Kickstart Accelerator programme in Switzerland has proved fertile hunting ground for some of the countries biggest banks as they seek out fresh talent and innovative applications for financial sector deployment.

04 November 2016

News/Innovation

Fintech firms do not threaten financial stability - FSB

Fintech firms do not pose an immediate threat to international financial stability, according to a G20-backed watchdog, which nevertheless says that it is monitoring the nascent sector carefully.

04 November 2016