Innovation

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Bank of America piles on the patents

/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.

Visa opens resource portal for fintechs

/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.

Nick Ogden launches cross-border liquidity network RTGS.global

/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.

Sibos 2019: How to innovate beyond open banking

/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.

/Innovation

Oracle showcases 10 fintechs leveraging Cloud and API technology at Sibos

As the financial services landscape continues to evolve and consumer expectations rise, banks must collaborate with fintechs to deliver the best solutions for customers.

Sibos 2019: Should banks trust in the UK despite Brexit uncertainty?

/Innovation

Sibos 2019: Should banks trust in the UK despite Brexit uncertainty?

Welcoming business leaders and industry experts to the Excel Centre in London for Sibos 2019, Swift innovation manager Innes Macleod takes to the stage to divulge Innotribe’s mission and reflect on the technological and societal changes that are challenging the financial services sector, with input from renowned experimental physicist and celebrity figure Professor Brian Cox.

/Innovation

Fintech Abu Dhabi partners with UAE Banks Federation

FinTech Abu Dhabi (“FinTech AD”), MENA’s leading FinTech festival, is pleased to welcome the UAE Banks Federation (“UBF”) as the Strategic Industry Partner of the Festival.

/Innovation

BigPay rolls out international money transfers

BigPay, an ASEAN-focused fintech, has launched international remittance services enabling users to send money directly from Malaysia to bank accounts in Singapore, Thailand, Indonesia and the Philippines, with no hidden fees or extra charges.

/Innovation

Swiss fintech neon closes 5mn series A financing

Zurich-based fintech neon has successfully closed its next financing round of 5mn CHF for further product expansion.

Incumbents vs neobanks: Leverage new technology or risk crumbling

/Innovation

Incumbents vs neobanks: Leverage new technology or risk crumbling

Financial institutions are focusing heavily on digital transformation driving innovation, better customer experience and cost reduction as they shift gears from simply meeting regulatory and compliance needs to remain relevant in a digital world.

The future of instant payments: no shortage of change

/Sibos

The future of instant payments: no shortage of change

Martin Fiddaman, managing director, head of financial institutions and professional services at NatWest, shares his insights on technology, regulation and changing customer demands ahead of Sibos.

/startups

FinTech Consortium USA inaugurates Silicon FinTech Bay accelerator programme

FinTech Consortium USA (FTC) today announced the launch of the first Silicon FinTech Bay (SFB) Accelerator Program, focused on early stage startups developing innovative solutions for the fintech sector.

/startups

BBVA names three global finalists in Open Talent competition

More than 750 applicants from in excess of 90 countries applied to the world’s biggest fintech competition this year.

Barclays and Anthemis launch Female Innovators Lab

/Innovation

Barclays and Anthemis launch Female Innovators Lab

Barclays is teaming up with venture capital outfit Anthemis to launch a New York-based studio for female fintech entrepreneurs.

/regulation

BIS signs operational agreement with HKMA on Innovation Hub Centre

The Bank for International Settlements (BIS) and the Hong Kong Monetary Authority (HKMA) have today signed an Operational Agreement on the BIS Innovation Hub Centre in Hong Kong SAR.

ECB Exec: Libra has been a "wake up call" for central bankers

/Innovation

ECB Exec: Libra has been a "wake up call" for central bankers

ECB executive board member Benoit Coeure says that the arrival of Facebook's putative cryptocurrency Libra has been a "wake up call" for central banks, and that public authorities should step up co-operation on the development of central bank backed digital currencies (CBDC)

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