Latest Innovation News: Finextra Research

Kyyba preps second Detroit Fintech Challenge

Kyyba Innovations in partnership with TechTown Detroit and the Detroit Fintech Association, launches the second series of "Detroit Fintech Challenge" to identify game-changing innovations in the financial services industry.

06 May 2019

Company update/startups

Ten companies breaking the borders of fintech graduate from the 2019 London Barclays Accelerator

The sixth London Barclays Accelerator, powered by Techstars class officially concludes – more than 150 alumni companies have successfully graduated from the programme to date with a portfolio valued at over $1 billion.

03 May 2019

News/devops

ANZ converts 9000 IT staff to agile development

ANZ has completed the roll out of its 'New Ways of Working' programme to Australian technology staff, converting 9000 team members to the benefits of agile development methodologies.

02 May 2019

News/startups

Morgan Stanley picks startups for Multicultural Innovation Lab

Morgan Stanley has picked 10 technology startups to take part in its accelerator programme for firms who have multicultural or women leaders.

02 May 2019

News/Innovation

OCC seeks input on innovation pilots

US Federal banking agency the OCC (Office of the Comptroller of the Currency) is soliciting feedback on an innovation pilot programme to provide early regulatory input on new products and business models proposed by financial institutions.

01 May 2019

Company update/Innovation

UK banks must collaborate with fintechs to transform payments industry - Enterprise Ireland

The UK payments industry is undergoing an unprecedented transformation, driven by the twin engines of growing adoption of technology and changing consumer expectations.

01 May 2019

Company update/Innovation

Banking Competition Remedies Ltd (BCR) opens application window for Pool C of RBS bail out fund

Banking Competition Remedies Ltd (BCR), the independent body established to implement the £775 million Royal Bank of Scotland (RBS) State Aid Alternative Remedies Package, today announces the opening of the fourth and final application window for Pool C of the Capability and Innovation Fund.

01 May 2019

Company update/regulation

Finra forms office of financial innovation

FINRA today announced the formation of an Office of Financial Innovation that will serve as a central point of coordination for issues related to significant financial innovations by FINRA member firms, particularly new uses of financial technology (fintech).

30 April 2019

Company update/startups

Department for International Trade boosts fintech bridge pilots

As London’s Fintech Week begins, the Department for International Trade (DIT), in partnership with Her Majesty’s Treasury (HMT), announces two Fintech Bridge Pilot Programs today (Monday 29 April), building upon our Fintech Bridge agreements with Hong Kong and Australia.

30 April 2019

Company update/Innovation

Spotcap Fintech Fellowship 2019 open for applications

Fintech and other financial services firms must work harder to be able to secure the skills they need for the future.

30 April 2019

News/Innovation

Jaguar Land Rover pays car owners cryptocurrency for driving data

Car maker Jaguar Land Rover is testing smart wallet technology that lets drivers earn cryptocurrency and make payments on the move.

30 April 2019

Finextra TV/Innovation

US banks in need of transformation

Emily Steele, President of North America & Daniel Latimore, Celent, speak at The Temenos Community Forum 2019 in The Hague about the increase of digital banks being launched, what US banks need to focus on in order to succeed in the future, what the future US banking landscape look like and what developments we can expect to see.

29 April 2019

News/regulation

Global sandbox accepts first eight firms

The Global Financial Innovation Network (GFIN), a cross-border regulatory sandbox for firms testing innovative financial products, services or business models across multiple jurisdictions, has selected the first eight firms to participate in the programme.

29 April 2019

Finextra TV/Innovation

Encapsulating themes from the payments market

Marion King, Director of Payments, NatWest, speaks about her role and the responsibility it entails, including determining payments strategy for a major UK Bank, keeping NatWest's customers secure, regulation and innovation, what key themes we are seeing in the payments market and the developments to come.

29 April 2019

News/Innovation

UK Fintech Week: Fintech bodies form national network

As UK Fintech Week kicks off, Innovate Finance, FinTech Scotland and FinTech North have formed a national network designed to encourage innovators up and down the country to connect and form multiple fintech hubs and centres of excellence.

29 April 2019

Company update/Innovation

Finra sets up office of financial innovation

Finra today announced the formation of an Office of Financial Innovation that will serve as a central point of coordination for issues related to significant financial innovations by Finra member firms, particularly new uses of financial technology (fintech).

25 April 2019

Company update/Innovation

TD Bank opts for Microsoft Azure

TD Bank Group (NYSE: TD) and Microsoft (NASDAQ: MSFT) today announced a strategic relationship in which TD will use Microsoft Azure as the cloud foundation to provide its technology and design teams with tools designed for secure, agile and flexible access to data and AI resources.

23 April 2019

Finextra TV/Innovation

Banking functions through AI: The next user interface.

Adam Cheyer, Co-Founder & VP Engineering, Viv & Siri, speaks at The Temenos Community Forum 2019 in The Hague about how banks are embedding AI solutions into their organisations, the business functions behind this, how AI technology has changed the way banks interact with their customers and how can commercialise through AI.

23 April 2019

Finextra TV/Innovation

The State of Fintech

Megan Caywood, Global Head of Digital Strategy, Barclays, speaks about the state of play in fintech, how banks should work with fintechs, whether they can provide the best services by mimicking neobanks and by using the trendiest technology available, how they can best help fintechs post sandbox stage and whether European banks should follow the Asia Model.

23 April 2019

News/Innovation

Tackling the fintech talent deficit

Amid continued concerns around the impact Brexit will have on the talent deficit in the financial services industry, Felicity Burch, director of innovation and digital at CBI and Omar Ali, partner at EY discuss how to inspire the next generation of fintech talent with Finextra.

23 April 2019