Latest Innovation News: Finextra Research

Egypt's Commercial International Bank joins fintech venture trail

Egypt's Commercial International Bank (CIB) is launching the country's first venture capital arm to focus squarely on investment in fintech startups.

19 December 2018

Finextra TV/Innovation

Innovating from the outside in

Craig Young, Chief Information Officer, SWIFT, speaks at SOFE 2018 about the importance of innovation to SWIFTS growth and relevance for the future and which technology trends in the market are most promising.

18 December 2018

Company update/startups

Russia's fintech sector continues to grow

According to a new report from Deloitte and ID Finance, Russia’s private fintech sector continues to grow despite weaknesses in the economy and will be worth $810m by the end of 2018. This represents growth of 12% compared to 2017.

18 December 2018

Company update/startups

21 startups join MassChallenge inaugural fintech programme

MassChallenge, a global network of zero-equity startup accelerators, today announced the 21 startups that will join the 2019 MassChallenge FinTech inaugural program.

17 December 2018

News/Innovation

UK payment institutions warned of threat from cliff edge Brexit

The European Banking Authority has warned of the dangers to UK payment institutions in the event of a no-deal Brexit.

17 December 2018

News/Innovation

LiquidShare moves into pilot phase

LiquidShare, a blockchain-based post-trade settlement infrastructure for shares in small and medium sized enterprises (SMEs), has entered into a pilot phase with 15 market participants trading over Euronext.

17 December 2018

Company update/ai

Artificial intelligence company Daisee wins Westpac Innovation Challenge

Westpac Group has announced Richard Kimber, CEO and Founder of artificial intelligence company Daisee, as the winner of the fifth annual Westpac Innovation Challenge.

14 December 2018

Finextra TV/Innovation

European payments market infrastructure renewal

Saskia Devolder, Head of Western and Central Europe, SWIFT, speaks at SOFE 2018 in Amsterdam about the transformation underway in European Payments as a result of the Eurosystem and others setting a clear timetable for market infrastructure renewal, whats driving this, and how the industry is responding.

13 December 2018

Finextra TV/Innovation

Creating a culture that customers can subscribe to

Tabitha Cooper, Innovation Manager, Intrapreneur, Lead Business Developer, Nordea, speaks at NextGen Banking Nordics 2018 in Stockholm about how to create a culture change that customers can subscribe to, how a culture change programme changes a business and how this is addressed within a bank.

12 December 2018

Company update/Innovation

CBA appoints technology futurist Genevieve Bell as non-executive director

The Chairman of Commonwealth Bank of Australia, Catherine Livingstone, today announced the appointment of Professor Genevieve Bell as an Independent Non-Executive Director to the Board with effect from 1 January 2019.

11 December 2018

News/Innovation

Spanish banks rail against Big Tech threat

Spanish banks have warned of the potential financial stability implications of Big Tech firms like Goolge, Amazon and Facebook entering the financial services industry.

10 December 2018

Company update/startups

Contis builds fast-track for fintechs

Contis Group, the award-winning banking, payments and processing services provider, has launched a new fast-track programme in partnership with Visa, providing entrepreneurs and start-ups with access to payment cards and banking capabilities in as little as four weeks.

10 December 2018

News/Innovation

GDPR will stagger rate of consumers sharing data with banks over ten years - Tandem Bank

In an interview with Finextra, Tandem Bank’s chief operating officer Nick Bennett revealed that the more data protection is regulated, the slower attitudes towards privacy will change.

07 December 2018

Company update/Innovation

Elavon invests in Georgia Tech

Elavon, a global payments provider and subsidiary of U.S. Bancorp (NYSE: USB), announced a new and significant, three-year financial commitment at the Georgia Institute of Technology to further accelerate innovation across financial and payments technologies (FinTech).

07 December 2018

Company update/regulation

OSC seeks applications for Fintech Advisory Committee

The Ontario Securities Commission (OSC) is seeking applications for membership on its Fintech Advisory Committee (FAC).

07 December 2018

News/Innovation

Icici adds investment tool to revamped mobile app

India's Icici has overhauled it mobile banking app, introducing a host of features, including a robotics-based investment advice tool and voice-command fund transfers.

07 December 2018

News/Innovation

Sberbank runs accelerator for inhouse staff

Russia's Sberbank has invited all of its 300,000 employees to take part in an inhouse accelerator programme with a promise to invest in the best ideas to emerge.

07 December 2018

Finextra TV/Innovation

The implementation and impact of AI in Financial Services

Michael Davison, Industry Principal, Financial Services, Atos UK and Ireland, talks about AI and the customer interface, middle and back office operations, and fraud prevention, how banks are coping with the challenges of implementing AI and how the market is likely to evolve.

06 December 2018

Finextra TV/Innovation

Enterprise blockchain and the successful use cases

David Rutter, CEO, R3, speaks at Sibos 2018 in Sydney, about R3’s Corda platform as a success story for enterprise blockchain, what’s different about it and why banks are being attracted to it, and whether we should be cynical about blockchain anymore.

05 December 2018

Finextra TV/Innovation

Business growth through supply and demand

Riccardo Ceci, International Alliances Director, CRIF Credit Solutions, speak at NextGenBanking Nordics 2018 in Stockholm about how matching supply with demand helps business growth, how the industry responding to this, what the benefits are and how does it generate value.

05 December 2018