Latest Innovation News: Finextra Research

Santander provides £30 million in funding to UK's first university for digital skills

Santander has today announced it is backing MK:U, the UK’s first university focused on digital skills, providing £30 million of funding to help establish the university and further strengthen Milton Keynes’ position as Europe’s leading Smart City.

31 May 2019

Company update/Innovation

Singapore FinTech Association establishes RegTech Sub-Committee

Singapore FinTech Association (SFA) announced yesterday the launch of the SFA RegTech Sub-Committee.

31 May 2019

Company update/startups

Northwestern Mutual commits $150 million to tech venture fund

Northwestern Mutual announced today it has designated $150 million to form Northwestern Mutual Future Ventures Fund II, an extension of the company's corporate venture capital fund that launched in 2017.

31 May 2019

News/inclusion

RBS to host Edinburgh financial inclusion hackathon

Royal Bank of Scotland is joining forces with Innovate Finance and Founders of the Future to run a 48-hour hackathon in Edinburgh focused on technology that helps bank the unbanked.

31 May 2019

News/Innovation

CIBC, NAB and Bank Leumi open portal for fintechs to make pitches

Canada's CIBC, Israel's Bank Leumi and National Australia Bank have launched a joint global online portal from where fintech firms can submit them proposals.

31 May 2019

Company update/Innovation

Silicon Fintech Bay comes to Redwood City

FinTech Consortium USA (FTC) today announced the launch of Silicon FinTech Bay (SFB), a fintech corporate acceleration and startup incubation hub located in Redwood City.

30 May 2019

Finextra TV/Innovation

Laying the groundwork before boarding the AI train

Maciej Janusz, Head of Cash Management Nordic Region, Citibank speaks at NextGen Banking London with Hannah Wallace, Finextra about how the use of AI-powered technologies is helping Banks improve existing processes and develop new solutions, how they can turn successful pilots and proof of concepts into solutions they can scale and which business areas benefit most from the application of AI.

30 May 2019

News/Innovation

UWE Bristol launches fintech masters course

The University of the West of England (UWE Bristol) is launching a fintech masters degree in September, prepping students for the regulatory, ethical and programming challenges likely to arise around new disruptive technologies in finance.

30 May 2019

News/Innovation

Will you be able to make trades directly from your mind in 2069?

What will trading technology look like in 50 years? Trades powered directly by thoughts, hardware that inhibits the influence of negative emotions, and mobile-phone based 3D trading rooms could all be in our future, predicts a report.

30 May 2019

Company update/startups

Scotland claims 100 fintech firms

The fintech community in Scotland has now increased to over one hundred innovative firms focused on reinventing financial services through new technology and data.

29 May 2019

Company update/Innovation

US and UK forge fintech collaboration pact

Collaboration between the United States and the United Kingdom on financial services was boosted today by the establishment of a Financial Innovation Partnership.

29 May 2019

News/Innovation

Innovation driving digital acceleration in Latin America

Swift's Latin American Regional Conference (LARC) explored how banks in the region are looking to increase digitisation, while managing cyber and compliance challenges.

29 May 2019

Company update/Innovation

National Bank of Bahrain joins fintech talent programme

National Bank of Bahrain (NBB) today announced its participation in Bahrain Fintech Bay’s National Fintech Talent Program (FTP) in line with the Bank’s ongoing commitment to digital advancement and human capital development – core pillars of its transformation agenda.

29 May 2019

News/devops

SEB tests mob programming

Sweden's SEB has begun experimenting with mob programming - putting an entire team of developers at the same computer at the same time to work on the same thing.

29 May 2019

Finextra TV/Innovation

Defining AI: The delta between hype and reality

David Bannister, Senior Analyst at Aite Group, speaks at NextGen Banking London, The AI Revolution, about the growth of AI across financial services, how advanced data analytics is being deployed in the industry and what the ethical concerns are.

28 May 2019

News/startups

BBVA invites fintech startups to compete for $100,000 investment prize

Applications are now open for BBVA's Open Talent startup competition, with the overall winner scooping a $100,000 investment from the Spanish bank's Venture Creation Partnership with Anthemis.

24 May 2019

News/Innovation

Facebook to launch cryptocurrency in 2020

Facebook is finalising a digital payments system called ‘GlobalCoin’, which is expected to be available across 12 countries by the start of 2020.

24 May 2019

Company update/devops

Evalue and 4xxi invite applicants for fintech startup competition

One lucky fintech start-up will win 12 months of unlimited access to EValue’s financial planning API stack and a custom-built user interface from 4xxi, with a combined value of £15,000, to get their financial services business dreams off the ground. Two runners-up will also win access and support.

24 May 2019

News/Innovation

EBAday 2019 to set the agenda for European payments industry

A host of board directors, chief financial officers and payments and technology heads from Europe's leading banks have confirmed their participation in the conference programme for the fourteenth annual EBAday, taking place this year in Stockholm between the 18th and 19th June.

24 May 2019

News/devops

HSBC opens London and Toronto data and innovation labs

HSBC has opened two data and innovation labs - in London and Toronto - that will house specialists in areas such as analytics and robotics working on products and services for the bank's global banking and markets (GBM) unit.

23 May 2019