Latest Innovation News: Finextra Research

Westpac bets the bank on cloud computing

Australia's Westpac is expecting big returns from a $500 million investment in a new cloud computing hub, despite posting flat profits for the full-year 2018.

06 November 2018

Finextra TV/Innovation

Transitioning towards a platform business model

Sanat Rao, Chief Business Officer and Global Head, Infosys Finacle, speaks at the Infosys Finacle Conclave 2018 in Antwerp, about the theme of the event 'Accelerate Digital', how banks should approach their business model transformation, and how they can make the transition towards a platform business model.

06 November 2018

Company update/regulation

Third of UK FS players think regulation is driving innovation

More than a third (34%) of IT decision-makers across the UK financial sector regard key financial services regulations such as PSD2 and FRTB as a driver of innovation within financial services organisations, while fewer than a quarter (24%) see them as a barrier to it.

05 November 2018

Company update/Innovation

Mizuho to support startups via MoU with Cyberport and HKSTP

Mizuho Financial Group, Inc. (President & CEO: Tatsufumi Sakai), Cyberport (Chief Executive Officer: Peter Yan), and Hong Kong Science & Technology Parks Corporation (HKSTP; Chief Executive Officer: Albert Wong) have concluded a memorandum of understanding (MOU) for business cooperation for the purpose of supporting the growth of startup businesses.

05 November 2018

Company update/Innovation

Paysafe Group announces global hackathon winners

Paysafe Group, a leading global payments provider, has awarded Kamil Dębowski, a Polish developer, a US $25,000 cash prize for being the ultimate winner in its recent global hackathon.

05 November 2018

Company update/Innovation

SPD Bank and Temenos to open Innovation Lab in Shanghai

Temenos (SIX: TEMN), the banking software company, announces its collaboration with Shanghai Pudong Development Bank (SPD Bank) to establish an Innovation Lab in Shanghai.

05 November 2018

Finextra TV/Innovation

Major drivers for banking in the Asia-Pacific region

Mark Evans, Managing Director, Transaction Banking, ANZ, speaks at Sibos 2018 in Sydney, about the major drivers for banking in the Asia Pacific region, how banks are responding to the fintech and digital transformation era, and how emerging technologies are affecting change within trade finance.

05 November 2018

Company update/Innovation

Mastercard Foundation reveals fund for young African changemakers

USD$2M fund to make giving back to community a cornerstone of the Mastercard Foundation Scholars Program

02 November 2018

News/Innovation

Watch out dinosaurs, we're in 'extinction phase' - Citi global CEO

Banks are living through an "extinction phase" as they look to survive the asteroid that is digitisation and the new competitors it ushers in, warns Stephen Bird, global CEO, Citi.

01 November 2018

Finextra TV/Innovation

Thoughts on the theme 'Accelerate Digital'

David Miller, Senior Vice President, Technology, OnDeck Capital, talks at the Infosys Finacle Conclave 2018, about the top technologies impacting the financial service industry today, and how challenger banks can differentiate themselves from their larger competitors.

01 November 2018

Finextra TV/Innovation

The next wave of true digital enablement

Paul Francis Walvik-Joynt, Senior Vice President Payments International, NETS, speaks at Sibos about the synergies between Open Banking, API’s and Instant Payments, what they enable, why Instant Payments are so important in the digital enablement and what the benefits are for the customers.

01 November 2018

Company update/Innovation

Lattice80 to run fintech blockchain accelerator in Hong Kong

LATTICE80 announces the launch of a SDG Blockchain Accelerator at the Hong Kong FinTech Week.

01 November 2018

Finextra TV/Innovation

Driving Digital Transformation

David Watson, Head of Digital Cash Products & Americas Head of Cash Management, Deutsche Bank, speaks at Sibos 2018 in Sydney, about why banks are focusing so heavily on the provision of digital services, what's driving the transformation of banks and how they can become digital, and what further innovation and new services can we expect to see in the future.

01 November 2018

Finextra TV/Innovation

Fintech innovation in Asia

Balazs Fejes, CTO APAC, EPAM, speaks at Sibos 2018 in Sydney about FinTech in China, in what areas China financial services are leading the way, and whether the rest of the APAC region is following in terms of cashless payments, digitisation of financial services.

01 November 2018

News/Innovation

NZ bank ASB sets blockchain trades in motion with VerifyUnion; DBS debuts commodity pricing platform

ASB has partnered with VerifyUnion, a decentralised identification platform, to launch New Zealand’s first bank blockchain single trade window.

01 November 2018

Company update/inclusion

Luxembourg fintech hub entertains Africa startups

The LHoFT Foundation strongly believes that financial technology is crucial to advancing financial inclusion, empowering groups that have been left behind by the traditional financial system.

01 November 2018

Finextra TV/Innovation

Shaping Faster Securities Services

Fiona Gallagher, Global Head of Securities Serivces and Chief Country Officer Ireland, Deutsche Bank, speaks at Sibos 2018 in Sydney, about the dynamics shaping securities services, what Deutsche Bank doing culturally to adapt to those shifts, and how the bank is collaborating with industry partners to replicate the retail customer experience in a B2B context.

01 November 2018

News/payments

The revolution of money is in the hands of the consumer – a Money 20/20 round-up

For the seventh year running, Money 20/20 put on an impressive show in Las Vegas and welcomed thousands of innovators from the fintech and banking industries to learn about disruption and forge business connections.

01 November 2018

News/Innovation

UK FS industry should create shared digital platforms - report

UK financial firms, regulators and governments would benefit from increased efficiencies and cost savings if the developed shared digital platforms to more effectively tackle things such as customer background checks, regulatory reporting and fraud prevention, says a new report from Deloitte and TheCityUK.

01 November 2018

Finextra TV/Innovation

The progression of SWIFT GPI

Marc Recker, Global Head of Institutional Market Management, Cash Management, Deutsche Bank, talks at Sibos 2018 in Sydney about how SWIFT’s global payment initiative is progressing, how transformative the initiative is, what opportunities it offers, and how it drives innovation and value for the corporate sector.

31 October 2018