Innovation

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/Innovation

UBank gathers transaction data for spending comparison site

NAB unit UBank has launched a site that pulls together anonymous transaction data to identify trends and allow visitors to compare their spending with that of their fellow Aussies.

/Innovation

OpenGamma tries its luck in the innovator, start-up challenge at Innotribe

Kirk Wylie, CEO of OpenGamma discusses the Innotribe start-up challenge at this year's Sibos and the growth of OpenGamma over the past three years.

/Innovation

La Caixa FinAppsParty doles out prizes

An application that uses mobile geopositioning to locate la Caixa customer retailers and to share information about them via social networks has won the EUR10,000 prize for the best widget created during the Spanish bank's second annual FinAppsParty.

/Innovation

Finextra TV: iZettle launches in the UK

Swedish start-up iZettle, which provides technology that turns mobile phones into payment terminals, has teamed up with wireless operator EE to launch in the UK.

/Innovation

Allianz invites start-up pitches for innovation pilots

German banacasurer Allianz is inviting early stage start-up companies to pitch applications for pilot projects in big data, social media, mobile and sponsorship.

/Innovation

Discover trials Natural Security biometric payments

Discover Financial Services is working with French outfit Natural Security to pilot a system which combines biometrics and contactless cards to enable customers to pay with their fingertips.

/Innovation

Payments innovation across the globe

A.P. Hota, managing director and CEO of the National Payments Corporation of India, Alice Zanza, senior payments specialist the World Bank, Ian Hooper payments lead for Asia Pacific at Accenture and David Yates, CEO of Vocalink discuss innovation in payments across the globe.

/Innovation

AmEx offers Halo 4 players real world rewards

American Express has set its sights on the gaming community, teaming up with Microsoft to enable cardholders to earn real-world rewards for completing tasks in the upcoming Halo 4 game.

/Innovation

PlayMoolah and Gust triumph in Innotribe challenge

PlayMoolah, an online platform for teaching children financial management through the use of gamification techniques, has emerged as the winner of the Innotribe Startup Challenge at Sibos in Japan.

/Innovation

Challenges and innovation in Africa

Maurice Cleaves, managing director and global head of cash management at Barclays, discusses corporate treasury challenges in Africa and the impact of mobile innovation.

/Innovation

Innotribe unveils the Digital Asset Grid

Peter Vander Auwera of Innotribe at Swift explains the business case for the eagerly anticipated Digital Asset Grid - which is being positioned as a global Swift network for secure bank data.

/Innovation

Banks should bank on APIs and apps, not applications - Gartner

Banks need to ditch rigid and reactive applications in favour of flexible and proactive APIs and apps, says research house Gartner.

/Innovation

European Central Bank warns of virtual currency risks

The growth of virtual currency schemes such as Bitcoin and Second Life's Linden Dollars, could have a negative reputational impact on central banks due to their inherent instability, warns the European Central Bank.

/Innovation

Deutsche Bank Autobahn App Market picks up speed

Deutsche Bank has launched a new liquidity management application on its Autobahn App Market and signed Banque Internationale à Luxembourg (BIL) as a client.

/Innovation

Global innovation at Accenture

Ian Hooper, Asia Pacific Lead, Jeremy Light, EALA Lea and Matthew Friend, North American Lead at Accenture Payments Services looks at innovation and trends affecting Asia Pacific, Europe and North America.

/Innovation

French shoppers trial biometric payments

A group of French banks, IT firms and retailers are trialling a point-of-sale system that combines biometrics and contactless cards to enable customers to pay with their fingertips.

/Innovation

Al Hilal Bank credit card with compass points to Mecca

Abu Dhabi-based Islamic lender Al Hilal Bank has teamed up with MasterCard to launch a credit card with a built in digital compass to help customers find Qibla, the direction Muslims must face while performing Salah.

/Innovation

Sainsbury's pilots 'mobile scan & go'

UK supermarket giant Sainsbury's has begun trialling a service that lets customers scan items as they shop using their phone and pay at the till without unloading their trolley.

/Innovation

Sberbank sets up $100 million fintech start-up fund

Sberbank of Russia is to set up a $100 million venture fund, rising to a possible $700 million over three years, to invest in promising fintech start-up companies.

/Innovation

Airtag launches API toolkit for PayPass mobile wallet apps

Mobile shopping outfit Airtag has launched an API toolkit for banks and mobile network operators to ease the development of MasterCard PayPass Wallet applications.