Innovation

6692 articles tagged with this keyword

/payments

Glint launches gold-based debit Mastercard and app in US

Glint Pay Inc. (Glint), a subsidiary of the U.K.-based fintech company that makes gold an alternative global currency by enabling its clients to buy, sell, save and spend their physical gold instantly through the Glint Debit Mastercard and Glint App, today announces the launch of its products in the U.S. and the selection of Boulder, CO as its U.S. headquarters. To date, Glint has more than 50,000 app downloads, 10’s of thousands of registered users and more than USD $50 million in transacted volume.

/retail

Taiwan issues three digital banking licences

In a first for the island, Taiwan’s Financial Supervisory Commission has issued virtual banking licences to three consortiums – the latest development in the battle between Asian internet firms and the region’s legacy banks for a stronghold over consumer finances.

/Innovation

Microsoft and Publicis Sapient build digital trade finance bank in six months

Publicis Sapient, the digital business transformation hub of Publicis Groupe, and Microsoft, has today announced their partnership supporting the launch of the world’s first end to end digital trade bank, Anglo-Gulf Trade Bank. The two businesses aided in the creation of the entirely new bank by providing it with implementation strategy, technology and client experience from the outset.

/ai

DataRobot raises $200 million for AI software development - sources

Data science company DataRobot has raised a Series E funding round of an estimated $200 million to develop its artificial intelligence software and automated machine learning, sources have revealed to Xconomy.

/Innovation

Itiviti appoints new Head of Customer Success

Itiviti, a leading technology and service provider to financial institutions worldwide, today announced the appointment of Gavin Welsh as EVP, Head of Customer Success, Itiviti Group. Gavin brings more than 25 years’ experience of Fintech customer support and relations to Itiviti, most recently as Global Head of Client Coverage at TradingScreen. Reporting to CEO Rob Mackay, Gavin will define and drive Itiviti’s customer strategy.

/cloud

Is RegTech encouraging a cloud revolution?

The deployment of new applications and the migration of core systems onto the cloud is in full swing, and financial institutions (FIs) could arguably soon be free of the legacy shackles that prevent them from moving forward into the age of digitalisation.

/Innovation

ICO selects ten startups for data protection sandbox

The use of biometrics to speed up airport passenger journeys, innovations in crime prevention and technological advances in the health sector are among the first projects selected to take part in the ICO Sandbox.

/Innovation

The Future of Banking is Open

1192 downloads

/Innovation

Finextra issues call for comment on payments revolution

Finextra is opening a public consultation on the competitive pressures driving the future strategy and direction of banks, as the sector grapples with a series of profound disruptions that are shaking up the once staid payments industry.

/startups

Cuna Mutual group sets up fintech accelerator

CMFG Ventures, the venture capital arm of CUNA Mutual Group, and Filene Research Institute announced today the launch of the FinTech Catalyst Incubator to test new fintech products and services in credit unions.

/Innovation

Hollowing Out The Core: Simplifying Banks' Transformation Journey

Madhur Jain SVP & Global Head- Solution Consulting, SunTec, speaks about Suntec's solution for Banks' striving forward in their transformation journey, how Banks can use technology as a lever to re-invent and change their business model, the benefits of 'hollowing out the core' and how Xelerate will simplify the complex transformation journey that lies ahead.

/ai

Applying AI to translate financial documents, Lingua Custodia raises EUR1.1 million

Lingua Custodia, the specialist in Machine Learning applied to financial translation, announces the closing of a €1.1m fundraising operation.

/payments

CBA combines transaction data with Google search data to forecast household spending trends

The Commonwealth Bank Household Spending Intentions Series launched today shows there is a turnaround in home buying intentions currently underway and the risks to economic activity and consumer spending are starting to recede.

/startups

International start-ups should choose Melbourne over Sydney says Tradeplus24

Melbourne, not Sydney, should be the clear choice for fast-growing overseas tech start-ups entering Australia, according to Switzerland-headquartered alternative lending start-up, Tradeplus24, which recently chose Melbourne as its home in Australia to begin a global expansion strategy.

/inclusion

Singapore FinTech Association inks MoU with Afin

Singapore FinTech Association (SFA) and ASEAN Financial Innovation Network (AFIN) today announced signing a Memorandum Of Understanding, to collaborate and promote the APIX platform to FinTech community, further contributing to the development of the industry.

/wealth

Changes in wealth management and the investors' demands

John Wise, CEO/ Co-Founder/ Chairman, InvestCloud, speaks about the changes in wealth management and the external factors drivers that change, what investors are demanding, whether investment firms are keeping up with these demands, how these demands are differing between the UK and the US, and how robo advisers are changing the game.

/Innovation

Trust Payments opens innovation lab

TruST Payments’ leading payment gateway, Secure Trading, announced today the launch of its new Payment Innovation Lab.

/Innovation

As blockchain hype subsides, banks count the cost of early euphoria

Banks and technology companies have poured billions of dollars into blockchain projects, but as the hype dies down, many of the early evangelists for the technology have come to the conclusion that production-ready deployment still remains a distant goal.

/Innovation

State of Digital Transformation – Can banks avoid an impending disaster?

Jost Hoppermann, VP- Banking Applications & Architecture, Forrester, speaks at SunTec’s Xelerate Digital Core launch, on how banks can adopt the ‘hollowing out the core’ approach and succeed in their digital Transformation journey.

/Innovation

Tally launches banking app tied to gold ownership

UK startup Tally has launched an app offering individual banking accounts delivering saving and spending in physical gold.