Innovation

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Standards Convergence & Messaging Divergence

/Innovation

Standards Convergence & Messaging Divergence

Dan Petagna, Director, Pre-Sales & Implementations, Trace Financial, speaks at EBADay 2019 in Stockholm about the major trends within the financial messaging industry, the data harmonisation initiatives underway around the world and what additional challenges they present and what industry players need to do to ensure readiness for harmonisation delivery dates.

/Innovation

AIFCA and Fidor Solutions sign MoU to drive fintech innovation in Central Asia

Astana International Financial Centre (AIFC) and Fidor Solutions today signed a memorandum of understanding (MoU) to launch fintech programmes in Kazakhstan and promote economic development across Central Asia.

/ai

Financial services customers set to embrace AI but human contact still vital

Customers in the UK are embracing the use of AI driven financial services (FS), with 63% happy to use chatbots for everyday queries and over a third preferring an instant response from a chatbot over a delayed one from a human.

Implementing INGs innovation methodology

/Innovation

Implementing INGs innovation methodology

Benoit Legrand, CIO, ING, spoke to Hannah Wallace, Finextra at Money 20/20 Europe about how ING are leading the way in innovation and where they are getting their ideas from, which technology they are using, what challenges CIOs are experiencing today and the correlation between the spike in fintech investment and customer demands.

/Innovation

EBRD to support Swedbank Lithuania startup hub

The EBRD is supporting Swedbank Lithuania in the development of a successful innovation hub that fosters technological solutions in the country and more widely in the region.

Artificial Intelligence in the Era of Open Banking

/Innovation

Artificial Intelligence in the Era of Open Banking

Vincent Brennan, Deputy Chairman, Euro Banking Association and Chair of the Association’s Open Banking Working Group, and Daniel Szmukler, Director, Euro Banking Association, speak at EBADay 2019 in Stockholm about their new report on Artificial Intelligence in the Era of Open Banking, why AI and Open Banking are such a winning combination for the payments industry and how the industry can put into practise collaborative use cases for AI.

BIS to set up network of Innovation Hubs

/Innovation

BIS to set up network of Innovation Hubs

The Bank for International Settlements is to set up a network of Innovation Hubs in major financial locations as central banks grapple with the policy implications of new technology.

Santander pips Metro Bank for best savings account

/Innovation

Santander pips Metro Bank for best savings account

Santander has the most intuitive savings account and ranks fastest for account opening time when compared with nine other leading UK banks, according to Worship’s inaugural Savings Account Audit.

Goldman Sachs could create digital coin

/Innovation

Goldman Sachs could create digital coin

Goldman Sachs could follow JPMorgan Chase in creating a digital coin, CEO David Solomon has revealed in an interview in which he also dismissed the threat of tech giants such as Facebook moving beyond payments into deposits.

The next phase of innovation and the road ahead

/Innovation

The next phase of innovation and the road ahead

Suresh Vaghjiani, CEO & Co-Founder, Tribe Payments, speaks at Money 20/20 Europe about the next phase of innovation, whether banks will be able to keep up with the pace set by the fintechs and how there has been a peak in fintech investment and why.

/startups

Flagstar Bank and Detroit FinTech Bay launch mortgage tech accelerator

Flagstar Bank and Detroit FinTech Bay today announced the launch of the Flagstar Mortgage Tech Accelerator Program, which focuses on early stage startups active in developing innovative technology solutions for the mortgage industry.

CaixaBank, Global Payments and Ingenico invest EUR5 million in startup programme

/Innovation

CaixaBank, Global Payments and Ingenico invest EUR5 million in startup programme

CaixaBank, Global Payments and Ingenico have joined forces to launch an international innovation programme aimed at identifying and nurturing promising fintech startups.

Finastra calls developers for community bank-focused appathon

/devops

Finastra calls developers for community bank-focused appathon

Finastra is running its first public appathon, inviting fintech firms and developers to build applications that help North American community banks and credit unions.

Crypto is back in fashion: Is the future of money tokenised?

/Innovation

Crypto is back in fashion: Is the future of money tokenised?

Tony McLaughlin, Emerging Payments and Business Development, Citi, speaks to Hannah Wallace, Finextra at Money 20/20 Europe about whether the future of money is tokenised, whether there is a global narrative with fintech innovation, where regulation fits in and how banks can successfully move with the times and coexist in harmony together.

Rumours swirl about JPMorgan interest in 10X and London skunkworks project

/Innovation

Rumours swirl about JPMorgan interest in 10X and London skunkworks project

JPMorgan is on the cusp of making a sizeable equity investment in 10x Future Technologies, the fintech startup founded by former Barclays boss Antony Jenkins.

BBVA sets up 'AI Factory'

/Innovation

BBVA sets up 'AI Factory'

BBVA has set up an 'AI Factory', housing over 150 data scientists, engineering and departmental heads to create a global hothouse for smart, data driven technology development.

ABN Amro explores the security applications of quantum technology

/Innovation

ABN Amro explores the security applications of quantum technology

ABN Amro is joining forces with a Dutch university and a scientific research organisation to investigate how quantum technology could help guarantee the security of mobile and online banking.

The impact of Citi's venture investing on the fintech industry

/Innovation

The impact of Citi's venture investing on the fintech industry

Luis Valdich, Managing Director & Venture Investing Lead, Citi Ventures, speaks to Hannah Wallace, Finextra, at Money 20/20 Europe about the importance of investing in fintech for the industry, how Citi's venture investing is having an impact on the fintech industry and whether there will be enough room for all players to coexist in harmony in the future.

Achieving a smart in-stream digital experience

/Innovation

Achieving a smart in-stream digital experience

Santosh Tripathy, Practice Lead, SmartStream Technologies & Pritesh Kotecha, SVP EMEA, SmartStream Technologies, speak at Money 20/20 Europe about the best approach to innovation in a competitive marketplace, what ecosystem players need to take into consideration going forward and how this space is likely to evolve in the future.

P27 selects Mastercard as Nordic payment infrastructure partner

/Innovation

P27 selects Mastercard as Nordic payment infrastructure partner

Nordic bank-backed P27 has struck a deal with Mastercard to provide the underlying infrastructure for its real-time, cross-border payment project.

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