Innovation

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We are the robots: AI technology shifts into the mainstream

/ai

We are the robots: AI technology shifts into the mainstream

Once the preserve of futurists, artificial intelligence technology is to set to become a routine part of everyday business operations, according to a report from venture capital firm MMC Ventures, in association with Barclays Bank.

Innovate Finance launches Fintech for Schools initiative

/retail

Innovate Finance launches Fintech for Schools initiative

UK fintech industry body Innovate Finance has launched a schools initiative as it seeks to inspire the country's next generation of financial technology leaders.

Danske Bank is using AI to predict IT breakdowns before they happen

/ai

Danske Bank is using AI to predict IT breakdowns before they happen

Danske Bank is using machine learning technology from IBM for prediction and resolution of IT issues, identifying problems in advance before they impact on the customer.

/Innovation

Singapore's Investment Management Association opens startup accelerator

The Investment Management Association of Singapore (IMAS) today announced the launch of the Digital Accelerator Programme (DAP), an accelerator and mentorship programme aimed at Fintechs to help deliver solutions to a variety of challenges currently facing the investment management industry.

Citi, Goldman Sachs invest in Second Measure

/startups

Citi, Goldman Sachs invest in Second Measure

Second Measure, a technology company that analyses billions of everyday purchases to answer real-time questions about consumer behavior, has closed $20 million in a Series A funding round co-led by Bessemer Venture Partners and Goldman Sachs, and joined by Citi Ventures.

/Innovation

Dukascopy Bank launches its cryptocurrency - Dukascoin

As we communicated earlier, Dukascopy Bank was striving to become the first regulated bank to launch its own ICO.

/startups

University College London and Barclays launch 'venture builder' for deep tech start-ups

Barclays and University College London (UCL) have today announced the launch of Conception X, a ‘venture builder’ that creates investable, early-stage deep tech start-ups founded by the nation’s best and brightest PhD students.

Banco Sabadell conducts live demo of payment biohack

/Innovation

Banco Sabadell conducts live demo of payment biohack

Spain's Banco Sabadell has been demonstrating the use of implanted NFC chips to authorise payments with a wave of the hand.

/Innovation

Carnegie expands technology role at ANZ

ANZ today announced a new management structure for its Australia business designed to help it better navigate the challenges facing the sector, while also ensuring increased organisational alignment to take advantage of current market opportunities.

/startups

London crowned Unicorn capital of Europe

London is top choice for international scale-up businesses, according to latest data compiled by London & Partners, showing that the UK capital is Europe’s number one tech hub for unicorn companies and attracted more foreign direct investment (FDI) than any other city in 2018.

European payments chiefs to gather in Stockholm for EBAday2019

/payments

European payments chiefs to gather in Stockholm for EBAday2019

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.

Mapfre picks the brains of neurologists for 'behavioural' fund

/Innovation

Mapfre picks the brains of neurologists for 'behavioural' fund

Mapfre AM, the asset management arm of the giant Spanish/LatAm insurer, Mapfre Group, is launching a fund that aims to exploit pricing inefficiencies in European equities caused by the behaviour of market participants.

EC considers regulatory push for TIPS instant payments

/payments

EC considers regulatory push for TIPS instant payments

The European Commission is pondering a "regulatory push" to encourage adoption of the new TIPS instant payments service and make it a genuine rival to the card schemes and tech giant-built digital wallets.

/startups

B-Hive launches European fintech landscape report

B-Hive, the collaborative innovation platform, together with Roland Berger, one of the leading global consultancy firms, and Sirris, the collective centre for and by the technological industry, has published B-Lens 2.0, a fintech landscape report that takes a look at the state of financial services and fintechs in Belgium and Europe.

Metro, Starling and ClearBank the winners in £280 million RBS bail out award

/regulation

Metro, Starling and ClearBank the winners in £280 million RBS bail out award

Metro, Starling and ClearBank have been awarded a combined £280m from the RBS bail out fund, beating off competition from better-known brands TSB, Co-operative Bank and CYBG.

/Innovation

Ping An's OneConnect commences operations in Indonesia

Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or “the Group”, is delighted to announce that the financial technology (Fintech) subsidiary- OneConnect commences its operations in Indonesia to enable local banks and financial institutions to accelerate their efforts in digitization of financial services and move towards a more inclusive financial industry.

/Innovation

Rabobank names ven der Vorst as head of innovation, WWR

From April 1, Roland van der Vorst will start as the new Head of Innovation WRR (Wholesale, Rural and Retail) at Rabobank.

/Innovation

Israeli VC Jerusalem Venture Partners raises $220 million fund

Leading Israeli VC firm, Jerusalem Venture Partners (JVP), today announced the close of its latest fund, JVP VIII, with $220 million in commitments.

Allianz X raises digital investment fund to EUR1 billion

/Innovation

Allianz X raises digital investment fund to EUR1 billion

Allianz X, the digital investment unit of German insurance and asset management giant Allianz, is taking a big bet on the tech-driven future of finance, increasing its fund size to a whopping EUR1 billion.

'Trusted Life Connections' and taking a partner-centric approach

/Innovation

'Trusted Life Connections' and taking a partner-centric approach

Jorn Lambert, Executive VP, Digital Solutions, Mastercard, speaks about the theme for this year's Mobile World Congress, 'Trusted Life Connections', what makes a successful partnership and how Mastercard's partner-centric model is improving consumers digital experience.

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