Latest Innovation News: Finextra Research

Microsoft to host digital wallet developer event

Microsoft is looking to tap into the burgeoning mobile wallet arena by hosting three week-long developer and designer events at its ultra-hip Modern Jago facility in London's Shoreditch.

08 February 2013

News/Innovation

ME Bank introduces mini workplace branches

Australia's ME Bank has opened its first mini branch - complete with a meeting room, an ATM, videoconferencing and online services - within a local telco's call centre.

08 February 2013

News/Innovation

ERN unveils Looop big data platform for banks and merchants

A new big data platform from a group of banking IT veterans is set to launch next week, promising to close the transactional loop that is currently broken every time a customer leaves a store with a paper receipt.

07 February 2013

News/Innovation

JPMorgan taps young talent through Code for Good Challenge

JPMorgan Chase is to get a good look at the next generation of software geeks emerging from US colleges by launching a 'Code for Good' challenge at its offices across the US.

07 February 2013

News/Innovation

Thomson Reuters and True Office team on compliance gamification

Gamification start-up True Office has formed a product development and distribution partnership with Thomson Reuters which will see the pair create regulatory and compliance training applications for the financial services world.

07 February 2013

News/Innovation

CommBank takes start-up approach to wealth portal roll-out

Australia's Commonwealth Bank says it took a start-up approach to the development of a new wealth management portal for self-directed investors that combines online banking with stock trading, property and portfolio investment, news and community forums all accessible via a single log-in.

06 February 2013

News/Innovation

Barclays preps social enterprise hackathons

Barclays is inviting UK tech and design bods to take part in a pair of hackathon weekends where they will work on socially useful finance-related ideas.

06 February 2013

Finextra TV/Innovation

The social benefits of digital money

Ruth Goodwin-Groen, MD, Better Than Cash Alliance talks about the benefits and challenges of promoting digital money in the emerging economies.

06 February 2013

Finextra TV/Innovation

Prepaid cards and how Iceland in the winter can aid innovation

Ann Cairns, president, International Markets, MasterCard Worldwide discusses helping governments digitize benefit payments and strategies employed by MasterCard Labs for innovative development.

04 February 2013

News/Innovation

First direct CEO explains app shortcomings to customers

First Direct CEO Mark Mullen has taken the unusual - and for a bank, refreshing - step of appearing in a video to apologise for the quality of the bank's mobile apps and to promise improvements based on customer feedback.

01 February 2013

Finextra TV/Innovation

Citi on 'the last six inches' in mobile commerce

Greg Baxter, global head of digital strategy, Citi on the fight for control of mobile payments and the growing influence of 'gamification'.

31 January 2013

News/Innovation

Citi CTO: Banks should 'do no harm'

Don Callahan, chief technology and operations officer at Citi discusses Google Wallet learning curves, his personal frustrations with banking and how banks should seek to 'make customers lives easier'.

30 January 2013

News/Innovation

New York to host dedicated fintech Hackathon

New York is to be the host city for the first in a series of fintech-specific Hackathons, in which coders from the vendor community come together to develop and present new ideas and software programmes to an audience of venture capitalists.

30 January 2013

Finextra TV/Innovation

Citi CTO: Banks should 'do no harm'.

Don Callahan, chief technology and operations officer at Citi discusses Google Wallet learning curves and how banks should seek to 'make customers lives easier' at Citi's Digital Money Symposium with Imperial Collage London.

30 January 2013

Finextra TV/Innovation

Mobile banking - what the West can learn from the East

Diarmuid Mallon, Head of Global Mobile Marketing Programs at SAP, discusses the range of mobile innovation and developments coming out of emerging economics and how the West can benefit.

29 January 2013

News/Innovation

Non-banks winning the mobile wallet wars

Non-bank competitors are winning the race to provide consumers with easy-to-use mobile wallet and payment applications according to a comparative study conducted by the US-based Carlisle & Gallagher Consulting Group.

28 January 2013

News/Innovation

BBVA sets up $100 million fintech venture fund

Spanish bank BBVA has set up a $100 million venture fund to invest in startups with the potential to transform the financial services industry.

25 January 2013

News/Innovation

Browser-based algo trading platform Quantopian emerges from beta

With funding from Spark Capital and Getco in the bag, Quantopian, a start-up building what it claims to be the world's first browser-based algorithmic trading platform, has emerged from beta.

24 January 2013

News/Innovation

Prosper raises $20m; names Wells Fargo's Vermut CEO

US peer-to-peer loan marketplace Prosper has raised $20 million in a funding round led by Sequoia Capital and appointed Stephan Vermut, founder of Merlin Securities, as CEO.

23 January 2013

News/Innovation

Iowa introduces Dwolla option for tax payments

The US state of Iowa is set to let residents pay some of their taxes using Dwolla, a local digital transactions start up.

23 January 2013