Latest Innovation News: Finextra Research

Beflius and Uitmuntend Limburg team up for local currency initiative

At the beginning of the year, Uitmuntend Limburg, a non-profit association founded by Limburg.net, the province of Limburg, RIMO, Het Belang van Limburg and Fairfin, launched the LimbU, a new “community” currency aimed at encouraging good habits in sustainability, community support, local products and short supply chains.

30 November 2018

Company update/Innovation

Ant Financial CEO joins UN task force on digital finance

On November 29, 2018, Eric Jing, Executive Chairman and CEO of Ant Financial, was appointed to the United Nations’ newly launched Task Force on Digital Financing of the Sustainable Development Goals (SDGs).

30 November 2018

Finextra TV/Innovation

The future of the technology within the Securities Industry

Graham Ray, Global Head of Sales & Relationship Management for Financial Intermediaries, BNP Paribas Securities Services, speaks at Sibos 2018 in Sydney about how DLT is evolving today in securities services, what the practical applications of AI are in post-trade and where APIs fit in.

30 November 2018

News/Innovation

ECB launches real-time payments system

The European Central Bank has unveiled its response to the rise of digital wallets with the launch of Target Instant Payments Settlement (TIPS), a pan-eurozone instant payments system.

30 November 2018

Company update/Innovation

HSBC expands digital team with new hires

HSBC has made a series of new hires in its Retail Banking and Wealth Management (RBWM) Digital team as it continues to strengthen its digital capabilities to meet increasing demand for services from its customers.

30 November 2018

News/Innovation

Commerzbank builds trade finance innovation lab

Commerzbank has set up an innovation lab in Dortmund to investigate the use of technologies such as DLT in trade finance.

30 November 2018

News/regulation

Kuwait joins fintech sandbox rush

Kuwait's central bank is launching a regulatory sandbox for startups, joining a crowded regional field jostling to become the Middle East's top fintech spot.

29 November 2018

Company update/Innovation

Global Accelerated Ventures launches $100k fintech challenge

Global Accelerated Ventures (GAV), an innovation aggregator that identifies and fosters innovative talent for financial services partners, announced today it would offer upwards of $100,000 (USD) in cash prizes at its inaugural FinTech Challenge.

29 November 2018

News/startups

Mastercard backs Polish startup factory

Mastercard is joining forces with Polish corporate innovation centre The Heart to open a 'startup factory' that builds financial services-focussed tech firms.

29 November 2018

Finextra TV/Innovation

Collaboration presenting infrastructure and new product opportunities

Sofia Ericsson Holm, Head of Strategic Partnerships, Nordea, speaks at NextGen Banking Nordics 2018 in Stockholm about how strategic it is for banks to work with fintechs, how you create a culture where both can work together well and what opportunities collaboration presents.

29 November 2018

News/Sibos

Swift Operations Forum Europe 2018, Amsterdam - Day 1 report

Innovation in financial services and the application of new technologies dominated conversation on day 1 of the Swift Operations Forum Europe (SOFE) 2018.

29 November 2018

News/Innovation

Encourage autonomy and innovation will flourish- NextGen Nordics 2018

Self-awareness and faith in the workforce will enable organisational cultural change as the bedrock of digital transformation, delegates at Finextra's annual Nordics conference heard.

27 November 2018

News/devops

Banks must mimic edge computing implementation of tech giants - Gartner

At this year’s Gartner IT Infrastructure, Operations & Cloud Strategies Conference, research vice president and agenda manager Bob Gill from the advisory firm suggested that banks in need of improving customer experience must look at what the big tech players are doing.

27 November 2018

Company update/startups

Westpac names finalists for RegTech chalenge

Westpac has today announced the five finalists for its 2018 Innovation Challenge, an initiative that gives start-ups and entrepreneurs the opportunity to pitch their business ideas for a chance to win $40K.

27 November 2018

Finextra TV/Innovation

Standardisation today: The importance of common data standards

Stephen Gilderdale, Chief Platform Officer, SWIFT, speaks at Sibos 2018 in Sydney about the potential of APIs, the role of standardisation and the importance of common data standards to players across the financial ecosystem.

26 November 2018

Finextra TV/Innovation

Open Banking & Payments Transformation: A global perspective

Robert Graham, Executive Vice President Financial Services, Virtusa, speaks at Sibos 2018 in Sydney about the main drivers for Open Banking, the role of fintechs and whether we are seeing a global adoption across the different regions.

26 November 2018

Finextra TV/Innovation

Escaping legacy with new technology

Eli Rosner, Chief Product and Technology Officer Finastra, speaks at Sibos 2018 in Sydney about the biggest challenges banks face when it comes to innovation today, how banks can accelerate innovation and what they should be focusing on.

26 November 2018

Finextra TV/Innovation

New technologies and the next generation of trade

Nancy Amert, Director Trade and Supply Chain Finance & Rory Kaplan, Director Trade and Supply Chain Finance, CGI, speak at Sibos 2018 in Sydney about the key takeaways from this years event around trade, which technologies we should be focusing on, what their potential impact is and where they are heading.

26 November 2018

Finextra TV/Innovation

How regulatory and customer driven innovation differ in output

Simon Eacott, Head of Payments Innovation and Business Development, Natwest, speaks at Sibos 2018 in Sydney about new innovative technologies, AI and security, how regulatory and customer driven innovation differ in output and how you can ensure everyone is included in a large industry programme such as NPA.

26 November 2018

Finextra TV/Innovation

The potential of machine learning in risk management

Tim Clarsen, Risk Management Specialist, Murex, speaks at Sibos 2018 in Sydney about whether AI can accelerate pricing models and optimise your capital markets infrastructure, what problem machine learning is addressing in risk management and whether the calculation of derivatives can be sped-up through the use of neural networks.

26 November 2018