Innovation

6684 articles tagged with this keyword

/Sibos

Capitalising on the combination effect of Open Banking and Instant Payments

Alistair Brown, Global Head of Payments, EPAM, discusses how banks can turn Open Banking and Instant Payments into tangible revenue opportunities, the manner in which banks should launch strategies around these opportunities collectively, and developing a healthy dynamic between built ecosystems and collaborative innovation.

/Sibos

Top-down support for innovation in banks is essential for success

Benoit Legrand, CIO, ING, speaks at Sibos 2019 in London about changing mindsets toward innovation to ensure growth within an organisation, how incumbent banks should go about enhancing their innovation, the importance of developing successful partnerships and collaborating with fintechs, particularly with regard to data management and personalised services.

/Innovation

Vontobel puts tracker certificate on a blockchain

Vontobel is the first issuer worldwide to offer a classic structured product for trading and custody using blockchain technology.

/wholesale

SocGen introduces 'Hedge to Pledge'

Societe Generale Corporate & Investment Banking (SG CIB) is offering clients the option to round up their foreign exchange transactions on electronic market platforms and give the difference to good causes.

/Innovation

Nationwide establishes 'Open Banking for Good' incubator in Covent Garden

Nationwide Building Society is working with five fintech startups in a collaboration space in London's Covent Garden as part of its £3 million Open Banking for Good challenge.

/regulation

Israel and Croatia sign fintech collaboration pact

The Capital Markets, Insurance and Savings Authority, and Israel Security Authority have jointly signed an MOU for collaboration on FinTech issues with the Croatian Financial Services Supervisory Agency (HANFA).

/Innovation

Bank of China deepens relationship with IBM

Bank of China (BOC) and IBM (NYSE:IBM) today announced that they will expand their existing relationship to co-create a new innovation model for the financial industry.

/Innovation

Mastercard's Tap on Phone tech makes debut in Latin America

Contactless payments have exploded in popularity worldwide over the past few years. With a fully developed contactless ecosystem, Costa Rica became the first country in Latin America & Caribbean (LAC) to announce the implementation of Tap on Phone, a payment acceptance solution that allows merchants to receive payments from any contactless-enabled card or mobile wallet right on their own NFC-enabled Android device.

/Innovation

Sibos 2019: How to bank sustainably for a better world

The fourth and final day of Sibos 2019 in London focused on sustainability and climate risk finance, with Sir Roger Gifford, chair of the Green Finance Institute, kicking off talks on the Spotlight stage.

/payments

Contis launches secondary authorisation product, Buffer

Contis, a leading provider of banking, payments and processing solutions, today launched its latest product - Buffer.

/Sibos

Sibos 2019: Recruiting the next generation of finance and technology players

At Sibos 2019, business leaders from across the globe come together to discuss the future of financial services and how engaging and employing skilled individuals now goes beyond salary, security and stability.

/Innovation

Agora and Onfido partner for blockchain e-voting service

Today, Onfido announced a strategic partnership with Agora, a leading blockchain-based e-voting provider, to make secure and robust online voting a reality.

/Innovation

Bank of America piles on the patents

Demonstrating an impressive appetite for technology and intellectual property protection, Bank of America once again scoops the crown for most US patents held by a financial institution.

/payments

Visa opens resource portal for fintechs

Visa is looking to cosy up to fintech firms through the launch of an online portal giving them "unprecedented" access to its technologies and network.

/payments

Nick Ogden launches cross-border liquidity network RTGS.global

Finextra can exclusively reveal that Nick Ogden, creator of fintech heavyweights Worldpay and ClearBank, is spearheading an initiative to improve the speed and performance of international payments. At Sibos in London he is gathering support behind RTGS.global, a new business designed to remedy the problems involved with the invisibility of liquidity between countries.

/Innovation

Boerse Stuttgart Group and Bundesverband Deutsche Startups to map German startup ecosystem

Boerse Stuttgart Group and Bundesverband Deutsche Startups e.V., the German Startups Association, presented the online platform Startbase at the offices of Berlin-based FinTech N26 on 25 September 2019.

/regulation

National Bank of Romania launches Fintech Innovation Hub

The National Bank of Romania announces the launch of the FinTech Innovation Hub project, a platform for dialogue with companies developing innovative public interest solutions in the area of payment and financial services (FinTech).

/Innovation

UOB Malaysia and The FinLab drive digitisation with 'Jom Transfom Programme'

United Overseas Bank (Malaysia) Bhd (UOB Malaysia) today announced the 16 businesses selected to participate in The FinLab’s Jom[1] Transform Programme.

/ai

Microsoft releases report on FSI's readiness in AI across APAC

Today, Microsoft Asia and IDC Asia/Pacific released findings specific to the Financial Services Industry (FSI) from the study Future Ready Business: Assessing Asia-Pacific’s Growth with AI1, which found that organizations with AI expect to see 41% improvement in competitiveness in three years.

/Innovation

Sibos 2019: How to innovate beyond open banking

Spotlight sessions at Sibos 2019 in London had one key message: change is the only constant in open banking. Lisa Robins, global head of transaction banking at Standard Chartered, kicked off afternoon keynotes at the Excel Centre by comparing how Shazam solves the problem of forgetting the name of songs to how open banking has disrupted the financial services industry.