Innovation

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/Innovation

BIS appoints Innovation Hub heads in Singapore and Switzerland

The Bank for International Settlements (BIS) today announced two key appointments to the BIS Innovation Hub, a new initiative designed to support central bank collaboration on new financial technology.

/Innovation

Bank of Singapore names Le Cotonnec chief data and innovation officer

Bank of Singapore has appointed Celine Le Cotonnec to the newly created position of chief data and innovation officer.

/Innovation

A Segment of One: The new reality

Consumers now have access to all the information they need to define, compare and select the financial products and services that best serve their individual needs.

/Innovation

Emerging Payments Association picks Luxembourg as EU home

The Emerging Payments Association (EPA), the leading London-based professional association of payment players, which brings together more than 150 operators from all areas of the payment value chain, is expanding its European Union network from Luxembourg.

/Innovation

Australia extends fintech sandbox remit after long wait

By passing the Treasury Laws Amendment (2018 Measures No. 2) Bill 2019 on Monday, the government has extended the scope and timeframe fintechs can spend on the existing framework.

/Innovation

Nium opens innovation lab for fintech entrepreneurs

NIUM, one of world’s largest Global Financial Infrastructure Platform provider today announced the launch of “BOLT”, its unique platform to boost innovation in the global Fintech space, and help entrepreneurs speed their products / services to market.

/startups

InComm opens innovation studio

Payments technology company InComm announced today the launch of Go StudioTM, its innovation hub dedicated to developing emerging technologies for customer-centric products and solutions.

/startups

Report finds Bristol & Bath is a UK hotspot for fintech entrepreneurs

The Bristol & Bath region has one of the strongest FinTech ecosystems in the UK with a high number of fast-growing FinTech startups and scaleups, according to a new report from regional strategy consulting firm Whitecap Consulting.

/Innovation

EBAday 2020 to address 'the turning point in payments transformation'

Registration has opened for EBAday 2020, Europe's premier payments and transaction banking conference, taking place this year in The Hague between 19-20 May.

/Innovation

FinTech Australia signs collaboration agreement with Geneva Fintech

The peak financial technology (fintech) industry bodies in Australia and Switzerland have signed a memorandum of understanding to help drive increased collaboration as well as knowledge sharing between the two growing fintech markets.

/Innovation

Bank of America builds patent mountain

Last year, Bank of America earned 418 patents from the United States Patent Office – more than in any other year in the history of the company. This represents a 31 percent increase over 2018.

/Innovation

Investors unconvinced by banks' digital strategies

Only a quarter of investors are confident that financial services firms' digital transformation strategies will be effective, according to a report from Oliver Wyman.

/cloud

Goldman mulls industry-specific financial cloud

Goldman Sachs is weighing the potential to build an external cloud platform for use by other financial institutions, according to a memo seen by Yahoo Finance.

/Innovation

Dublin City University launches online fintech course

Following on from the announcement of a global partnership with major online learning platform, FutureLearn.com, DCU has now launched a new online accredited short course on Fintech, with details on Fintech - Financial Innovation unveiled today.

/startups

Varengold Bank opens fintech hub in Berlin

The figures speak for themselves: 1 in 3 finance start-ups that are founded in Germany have their head office in the capital.

/regulation

BIS summarises international policy response to fintech challenges

Technological innovations in financial services (fintech) are increasingly transforming the way financial services are provided. While fintech opens opportunities, it also comes with potential risks.

/startups

Commonwealth Bank of Australia sets up venture building unit

Commonwealth Bank of Australia has launched a standalone startup incubator, X15 Ventures, to create and nurture new digital businesses that bring added value to the bank's core business.

/Innovation

University of Toronto sets up Fintech Boot Camp

The University of Toronto has set up a 'Fintech Boot Camp' with a pledge to give learners the knowledge they need to move forward in the financial technology industry.

/Innovation

UK fintech scene sees record investment in 2019

The day before Brexit, Innovate Finance has put out a report hailing a record 2019 for the UK's fintech scene and predicting a a rosy future.

/retail

Icici Bank instals 'iBox' terminals at branches for customer pick-up of banking products

ICICI Bank today announced the launch of a unique self-service delivery facility, enabling its customers to collect their deliverables such as debit card, credit card, cheque book and returned-cheques, from a branch close to their home or office, in a hassle free manner, anytime any day.