Innovation

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Koophub and the LHoFT Foundation build fintech bridges between Turkey and Luxembourg

Koophub, the regional Fintech Hub of EEMEA (Eastern Europe, Middle East, and Africa region), and The Luxembourg House of Financial Technologies (The LHoFT) have signed a Memorandum of Understanding ("MoU") during the Istanbul Fintech Week on 4th of April in order to foster innovation and build bridges between Luxembourg and Turkey.

Replacing core banking systems: The risks and results.

/Innovation

Replacing core banking systems: The risks and results.

Amit Dua, President, SunTec, speaks at SunTec's Confluence 2019 in Dubai, the constraint of banking core systems and how they can replace them, the risks involved and whether banks are embracing technology enough to change.

Overcoming hurdles to hyper personalisation and becoming agile

/Innovation

Overcoming hurdles to hyper personalisation and becoming agile

Madhur Jain , SVP- Solution Consulting, SunTec & Satish N, SVP-Product Management, SunTec, speak at SunTec's confluence 2019 in Dubai about what Digital at the Core means to SunTec, how it helps banks to become more agile, what the barriers are and how they might be overcome.

Innovating incumbent banks from within

/Innovation

Innovating incumbent banks from within

Rick Striano, MD Digital Product develoment, Deutsche Bank, speaks at Money20/20 ASIA in Singapore about whether incumbent banks are less agile than challenger banks in deploying new technologies, how to drive innovation in a large bank, the emergence of sophisticated ecosystems and what we can expect from incumbents in the future.

/devops

Finastra to launch FusionONE Hackathon with Microsoft Azure

Finastra today announced the first public hackathon on its FusionFabric.cloud open development platform, underpinned by Microsoft Azure.

Fintech phenomenon boosts London jobs market

/startups

Fintech phenomenon boosts London jobs market

Job creation within the fintech space in London increased by 61% over the past year as the City cemented its standing as a global hub for financial technology startups, according to data from recruitment firm Robert Walters.

/Innovation

Standard Chartered opens Africa eXellerator innovation hub in Kenya

Standard Chartered Bank today announced the official opening of its Africa eXellerator lab, an innovation hub that will serve as a platform to collaborate with fintechs in Kenya and the broader African region, drive innovation and develop new business models or services to meet client needs in the Africa region.

SocGen Assurances and Roadzen team on contextual insurance venture

/ai

SocGen Assurances and Roadzen team on contextual insurance venture

Societe Generale Assurances has joined forces with AI insurtech specialist Roadzen to build a "digital and contextual" insurance player.

/regulation

Cambodia and Singapore strengthen cooperation in fintech innovation

The Monetary Authority of Singapore (MAS) and the National Bank of Cambodia (NBC) today signed a Memorandum of Understanding (MOU) to strengthen cooperation in FinTech innovation between both countries.

Banking in Africa and changing customer needs in the region

/Innovation

Banking in Africa and changing customer needs in the region

Nithinia Martin-Hobbs, Lead Technology Partner, Absa, speaks at the SunTec Confluence 2019 in Dubai about banking in Africa, what the customer needs are in the region, how technology is driving change at ABSA and the power in partnerships.

Banks' strategy and vision for successful digital transformation

/Innovation

Banks' strategy and vision for successful digital transformation

Nanda Kumar, CEO, SunTec, speaks at the SunTec Confluence 2019 in Dubai, about banks’ vision for digital transformation, how this effects their strategy, how important it is for banks to form new partnerships with third-parties and what the characteristics of a successful bank are.

RBS and Barclays trial blockchain tech to slash property transaction times

/Innovation

RBS and Barclays trial blockchain tech to slash property transaction times

RBS and Barclays Bank have completed a blockchain trial with R3's distributed ledger software which reduced the time taken to complete a property transaction from three months to less than three weeks.

Accelerating startups through partnering strategy and investment

/startups

Accelerating startups through partnering strategy and investment

Macgregor Duncan, Chief Development Officer, Westpac , speaks at Money20/20 ASIA in Singapore about the biggest hurdles Fintech’s experience when attempting to grow, Westpac’s involvement in this space and how their global partnering strategy and investment into fintechs has helped many start-ups accelerate.

K&H to run 'Innovathon' hack

/devops

K&H to run 'Innovathon' hack

KBC's banking subsidiary in Hungary, K&H Group, is inviting fintechs, startups and developers to play in its PSD2 sandbox with the aim of testing fresh ideas for digital banking innovation.

JPMorgan's Dimon apprehensive of China's prowess in AI and fintech

/Innovation

JPMorgan's Dimon apprehensive of China's prowess in AI and fintech

JPMorgan Chase chief Jamie Dimon has admitted to being worried about the progress China has made in artificial intelligence and fintech.

Tackling digital transformation in Nordic financial services

/Innovation

Tackling digital transformation in Nordic financial services

SWIFT's Business Forum Nordics event examined how the financial services community in the region can deliver technological innovation while managing emerging risk factors.

One-third of retail banks planning to build digital brands

/Innovation

One-third of retail banks planning to build digital brands

As many as a third of retail banks are looking to build a greenfield digital bank to ward off competition from upstart challengers and cherry-picking fintechs.

Faster, transparent and traceable payments

/Innovation

Faster, transparent and traceable payments

Thierry Chilosi, SWIFT gpi Go-to-Market Lead, speaks about what there is left to do around SWIFT gpi, why SWIFT is making payments confirmations mandatory, how banks will do this and how new services will be developed on the back of tracking these payments.

Temenos TCF The Hague- Digital Banking Reloaded- live blog, Day 2

/Innovation

Temenos TCF The Hague- Digital Banking Reloaded- live blog, Day 2

Rolling updates from the Temenos Community Forum in The Hague. It's a full house in the World Forum after a splendid gala dinner last evening. News and insights shared here on a continual basis throughout the day

Big banks back new international blockchain alliance

/Innovation

Big banks back new international blockchain alliance

Barclays, BBVA, Deutsche Boerse and Swift are among the financial services sector names to join a new collective promoting the development of a global framework for the development and adoption of distributed ledger technology.

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