Innovation

Finextra TV/Innovation

Digital Transformation: Top of the priority list for CEOs today

Nanda Kumar, CEO, SunTec, speaks about the state of digital transformation in financial services, the biggest roadblocks for banks in their digital transformation journey, what they should do differently, where Xelerate Digital Core comes in and why banks should consider Xelerate Digital Core.

17 July 2019

News/Innovation

Top US banks unite for 'Fintech Focus' coding bootcamp

Bank of America, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo are to turn their New York offices into coding bootcamps for under-represented college students in a new initiative intended to increase the representation of women and people of colour in software engineering within the financial services industry.

17 July 2019

News/payments

Cash under threat from tech giant-run e-money - IMF paper

Cash and bank deposits face tough competition from, and could even be surpassed by, e-money provided by the likes of Alipay and Facebook, says a new International Monetary Fund (IMF) paper.

17 July 2019

News/ai

Machine says no: FCA to explore the 'explainability' of AI in consumer finance

The UK's Financial Conduct Authority is partnering with the Alan Turing Institute to explore the transparency and explainability of AI in the financial sector.

16 July 2019

News/startups

Brexit be damned: UK fintech sector sees record growth

UK fintech startups have reached a record level of $2.9 billion of funding in the first half of this year, across a total of 123 deals.

16 July 2019

News/Innovation

South Korean banks join Samsung and telcos in blockchain ID project

KEB Hana Bank and Woori Bank in South Korea are collaborating with Koscom, Samsung Electronics and three leading telcos to develop a blockchain-based system for storing digital identities.

15 July 2019

Long read/Innovation

Retired Member 

US community banks ask developers to help fix pain points

15 July 2019

News/Innovation

Esma fills in the gaps on the licensing of fintech firms across Europe

The European Securities and Markets Authority (Esma) has found regulatory gaps across EU member states in the licensing regime for crypto-asset related activities and in the governance and risk management processes associated with both cyber security and cloud outsourcing.

15 July 2019

News/cloud

Maintaining data integrity in the cloud amid regulatory change

The cloud is beckoning, and security is job number one. Regulatory reporting has shifted from accounting values to full-fledged risk management, encompassing credit, liquidity and market risk as financial institutions (FIs) increase in size, have larger geographic footprints and continue to offer complex products.

12 July 2019

News/Innovation

Citi Ventures invests in Car IQ

Citi Ventures has joined a $5 million funding round in vehicle payment technology startup Car IQ.

10 July 2019

Finextra TV/Innovation

Accelerating payments transformation

Simon Wilson, Director Global Payments Solutions, Icon Solutions, speaks at EBADay 2019 in Stockholm about payments transformation, whether it is a ‘mission impossible’, how banks can find the opportunity in amongst the challenges and what should be the top three priorities for banks to address going forward.

09 July 2019

Finextra TV/Innovation

Reaching another mile stone in Open banking

Eleni Coldrey, Business Development Director - EMEA, Equinix, speaks at EBADay 2019 in Stockholm about her highlights from the event, how Open banking has evolved, how the Nordics has received this development and new technologies, and the importance of partnerships and collaboration.

08 July 2019

News/Innovation

UK fintech Soldo raises €54m for Dublin move

A London-based startup that has migrated most of its operations to Ireland ahead of a possible Brexit has raised €54m to help funds its relocation.

08 July 2019