Innovation

6758 articles tagged with this keyword

/Sibos

Taking open banking beyond compliance

Tino Kam, head of transaction banking solutions, Nordea, speaks with Finextra about how banks can keep sight of their core objectives in the context of complex advancement in payments technology, the Nordea open-banking platform offering, and how banks should differentiate and decide between the best ecosystems in which to participate.

/startups

Mastercard bundles startup programmes under Accelerate brand

Mastercard today launches Mastercard Accelerate, a global initiative that simplifies the way that Mastercard works with fintechs, giving them access to everything they need to grow quickly.

/Innovation

Fintech North heads to Liverpool

Hot on the heels of September’s sold-out inaugural Newcastle conference, FinTech North will be making its way to Liverpool for another full-day FinTech event.

/Innovation

Tommy Marshall named Georgia FinTech Academy exec director

The University System of Georgia named digital financial services leader Tommy Marshall executive director of the Georgia FinTech Academy effective October 21.

/Innovation

Fintechs must ‘sell simplicity’ to carve out competitive advantage

Where selling trust with a brand was once the key point of distinction for effective marketing in the fintech space, streamlining user experience through product simplicity now leads the way in superior branding strategy.

/startups

Japan's Credit Saison creates VC for investment in overseas fintech startups

Credit Saison Co., Ltd. (Tokyo Stock Exchange First Section (8253); Head Office: Toshima-ku, Tokyo; President and COO: Masahiro Yamashita; hereinafter “Credit Saison”) established Saison Capital Pte. Ltd. (hereinafter “Saison Capital”) in Singapore. Saison Capital is a company focused on financing of and investment in early-stage startup companies outside Japan.

/regulation

Regtech zooms in on the severe penalties of 6AMLD

The European Union’s Sixth Anti-Money Laundering Directive (6AMLD) is due to take effect on 3rd December 2020 and brings with it a suite of substantial penalties for non-compliance. Here’s what you need to be aware of in the run up to the fast-approaching deadline.

/startups

JPMorgan's Financial Solutions Lab to run accelerator with Financial health Network

The Financial Solutions Lab, an initiative from the Financial Health Network and founding partner JPMorgan Chase & Co., announced today the launch of its sixth accelerator challenge, focused on advancing the financial health of workers and students who are developing in-demand skills to prepare them for the future of work.

/regulation

US financial regulators join Global Financial Innovation Network

The Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the Currency (OCC), and the Securities and Exchange Commission (SEC) today announced joining the Global Financial Innovation Network (GFIN).

/payments

BNY Mellon director: US has more B2B open banking activity than Eurozone

Laura McGortey, director of strategic partnership solutions at BNY Mellon, claims that there is more open banking activity in the US B2B payments space in comparison to the Eurozone, on the final day of AFP 2019 in Boston.

/Innovation

Consortium formed to push machine-readable trade language

A new consortium with a focus on General-purpose Legal Mark-up Language (GLML) has been created to facilitate automation in financial markets.

/startups

ADGM publishes Mena fintech venture report

MAGNiTT, in collaboration with ADGM, launches first-of-its-kind ‘2019 MENA FinTech Venture Report

/Innovation

AMF/Finance Montreal donate $2 million to set up University fintech chair

The École des sciences de la gestion of Université du Québec à Montréal (ESG UQAM), the Autorité des marchés financiers (AMF) and Finance Montréal are announcing the creation of the AMF‐Finance Montréal Research Chair, an interuniversity research unit aimed at developing foundational and practical knowledge about the issues and impacts of financial technological innovation (fintech).

/Innovation

ClauseMatch and Aberdeen Standard Investments join Imas Singapore accelerator

ClauseMatch, the regulatory technology company that helps financial institutions automate governance, risk and compliance processes across jurisdictions, collaborated with Aberdeen Standard Investments (ASI) in Singapore for the Investment Management Association of Singapore’s (IMAS) Digital Acceleration Program (DAP) and have piloted a solution for the industry.

/Innovation

ING applies digital notary to blockchain transactions

ING says it has solved the privacy versus security trade-offs on R3's Corda network through the application of a 'zero knowledge proof notary'.

/Innovation

Could Big Tech disrupt the investment funds industry?

Big Tech companies such as Google, Apple and Microsoft have yet to encroach on the investment funds industry, but new research from distribution network Calastone suggests they would have a ready market from young millennials.

/Innovation

If you can’t beat them, join them: Fintech partnerships are here to stay

With commercial models, value chains and M&A activity emerging as a leading theme of Money 20/20’s upcoming conference in Las Vegas, we explore how financial institutions are leveraging the opportunity to collaborate with incumbents and disruptors across the space.

/payments

AI will drive productivity in the payments industry

The payments industry is increasingly being exposed to the technological transformation that is occurring outside of the financial services sector. But is the space ready to drive productivity in payments with artificial intelligence?

/Innovation

McKinsey: Banks in the last pit-stop to revamp business models

Up to a third of the world's banks are not equipped to survive an economic downturn and must re-invent their business models to compete in a digital age, according to a report by consultancy McKinsey.

/payments

A treasurer’s best practice guide to global payment integration

Corporate business success stories can only be achieved if treasury professionals are keenly aware of the payment options, innovations and regulatory changes that are, can and will impact financial operations.