Innovation

6669 articles tagged with this keyword

/sustainable

De-risking sustainable reporting of commercial banking data

While the Sustainable Development Goals (SDGs) set by the United Nations General Assembly for 2030 are ambitious, the financial services industry will play a crucial role in supporting countries with implementing new approaches to build momentum and accelerate progress.

/Innovation

HKMA forges blockchain pact with People's Bank of China; works on CBDC exchange with Thailand

The HKMA used Hong Kong Fintech Week to highlight a series of initiatives aimed to foster the fintech ecosystem in Hong Kong.

/Innovation

YES Bank launches sandbox housing 50 bank APIs

India's YES Bank has laid claim to the launch of the country's largest developer platform, housing an array of 50 APIs for use by third parties.

/retail

HSBC claims hyper-personalised banking will be driven by digital ID

A new report from HSBC reveals that the traditional products-based approach in retail banking will be replaced by hyper-personalised services, where customer personal data will be collated to form a central digital ID.

/Innovation

ABN Amro exchanges blockchain knowledge at trade mission to Singapore

How can we work together with other banks and public organisations to detect financial crime?

/Innovation

Benoît Cœuré to head BIS Innovation HUB

The Board of Directors of the Bank for International Settlements (BIS) on Sunday appointed Benoît Cœuré as Head of the new BIS Innovation Hub, set up to foster international collaboration among central banks on innovative financial technology.

/startups

Singapore Fintech Association and Indian Chamber of Commerce agree fintech pact

Singapore Fintech Association (SFA) and the Federation of Indian Chambers of Commerce and Industry (FICCI) today inked a partnership agreement to share information about FinTech and collaborate on mutually beneficial initiatives that would further the development of the FinTech industry in both countries.

/startups

MAS selectes 20 finalists for 2019 Global Fintech Hackcelerator

The Monetary Authority of Singapore (MAS) announced today the 20 finalists for the Global FinTech Hackcelerator.

/Innovation

First cross-border fintech programme between India, Greater China and South East Asia launches

FT Slingshot, a new programme for Indian FinTechs, has launched at Hong Kong FinTech Week.

/Innovation

BNP accelerator doubles floor space

BivwAk! supports the transformation and ongoing development of BNP Paribas through a unique set of resources to help entities, teams and employees bring their projects to life, take an active part in their own future, and deal with the complexity of their ecosystem.

/Innovation

Will trust woes undermine Open Banking under PSD2?

In a roundtable discussion held Wednesday in London hosted by digital payments firm PPRO, industry leaders met to explore the impact PSD2 has imposed on key players in Open Banking and the changes needed to achieve the regulation’s objective in 2020 and beyond.

/Innovation

Disrupting from within: MUFG Union Bank's mindset

Pierre P. Habis, President, PurePoint Financial, Head of Consumer Banking, MUFG Union Bank, speaks at Money 20/20 about the Innovation Lab PurePoint Financial open to the public, the lesson that have been learnt from building the business, the challenges around building a hybrid culture and the mindset needed to disrupt from within.

/regulation

FATF zeroes in on digital ID as key to AML compliance

Issuing a draft Guidance Paper last week, the Financial Action Task Force (FATF) urges financial institutions to ready themselves for the impending global expansion of digital identification systems.

/Innovation

DBS launches hybrid robo-advisory wealth management service

DBS has developed a hybrid human-robo investment service which is now available to customers in its native Singapore.

/Innovation

RegTech in the Middle East and North Africa

Richard Teng, Financial Services, Regulatory Authority, Abu Dhabi Global Market speaks at Money 20/20 USA in Las Vegas about how innovation can be promoted while ensuring security, how the RegTech space is shaping up in the Middle East and North Africa, what opportunities this provides for the consumer and the road ahead.

/Innovation

BondEvalue to test blockchain-based fractional bond trading platform in MAS sandbox

Singapore-based BondEvalue today announced that it has been approved to enter the Monetary Authority of Singapore’s (MAS) Sandbox Express to launch a blockchain-based bond exchange.

/Innovation

South Korea begins Open Banking pilot

The open banking system will be pilot-launched in the banking sector on October 30. During the pilot-run period, the government will conduct a comprehensive assessment of the system and make adjustments if necessary before opening the system to fintech firms on December 18.

/regulation

Industry heavyweights establish Alliance to modernise financial regulation

Co-founded by Jo Ann Barefoot, former deputy comptroller of the currency and David Ehrich of fintech credit card startup, Petal, The Alliance for Innovative Regulation (AIR) has been launched to help regulatory agencies deal with the technological challenges posed by fintech innovation.

/Innovation

BNY Mellon joins Asean Financial Innovation Network

BNY Mellon, a global leader in investment management and investment services, is reaffirming its commitment to being a leader in Singapore’s vibrant and emerging fintech and innovative technology environment.

/payments

Wirecard joins working group on autonomous vehicles

Wirecard, the global innovation leader for digital financial technology, is once again demonstrating its pioneering spirit by forming a strategic partnership with mobility visionary Rinspeed together with other companies such as SAP, DEKRA, Zurich Insurance and Osram.