Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Startups selected for inaugural climate incubator

Eight climate-focused startups have been selected to participate in what is claimed to be the world's first climate-focused fintech incubator in the Nordics and Baltics.

04 November 2022

News/sustainable

Lord Christopher Holmes selected for SustainableFinance.LIVE keynote

Lord Christopher Holmes, Baron Holmes of Richmond will open Finextra’s fifth SustainableFinance.LIVE conference and hackathon as keynote speaker on the 29th of November.

04 November 2022

Company update/markets

Axa XL launches insurtech innovation centre in the US

AXA XL Insurance has launched an Underwriting Innovation Office in the Americas to drive innovation in support of business initiatives, appointing Rose Hall, currently Head of Construction Innovation, as Head of Innovation, Americas to lead activities.

28 October 2022

News/payments

AFP 2022: PNC ‘punches above its weight’ as pioneer in US instant payment transactions

It’s a very busy time for banks and technology providers. With new payment rails finally gaining ground from traditional transaction methods, everybody’s talking about enriching and improving the efficiency of the customer experience.

26 October 2022

News/payments

AFP 2022: Europe and North America show mixed reception for new payment methods

Ahead of AFP 2022, Finextra caught up with Carl Slabicki, co-head of global payments at BNY Mellon, to discuss the recently released report, ‘What The Data Say’, in association with Aite-Novarica. The report explores how while “newer emerging electronic payments mechanisms are growing, legacy payment tools including checks and even cash remain resilient.”

24 October 2022

News/sustainable

Sibos 2022: ‘The biggest problem with ESG is its complexity’ – Brown Brothers Harriman

At Sibos 2022 in Amsterdam, we spoke to Adrian Whelan, global head of regulatory intelligence, Brown Brothers Harriman, ahead of his panel session, ‘Green, clean, and ESG: Rewiring capital markets for a new generation of responsible investors.’

13 October 2022

$Sibos 2022: Are fractionalised digital assets red herrings?$

News/crypto

Sibos 2022: Are fractionalised digital assets red herrings?

Discussions around the recent digital asset boom and its acceleration despite the market for tokenised securities remaining nascent kicked off at Sibos 2022 in Amsterdam. Sitting on a panel, Yuval Rooz, CEO and co-founder of Digital Asset, highlighted that he believes that “fractionalisation is a red herring.”

12 October 2022

Company update/startups

Behavioural Finance is inaugural winner of Phoenix group's Innovation Forum.

In collaboration with FinTech Scotland and TCS’s Co-Creation and Innovation Network (COIN), the Phoenix Innovation Forum invited FinTech enterprises to develop innovative new tools that improve financial wellbeing, engagement and make a genuine positive impact on customers’ lives.

05 October 2022

News/startups

Barclays pivots Rise to focus on laid-off fintech talent

Reflecting the donwturn in the fintech sector, the latest iteration of Barclays Bank's Rise Startup Academy will focus on on supporting budding founders who find themselves out of jobs due to the current economic climate.

23 September 2022

News/retail

ING overhauls innovation management

ING is continuing the overhaul of its innovation initiatives, decentralising from the core back to individual business units and combining innovation arm, ING Neo, with the Corporate Strategy team.

13 September 2022

Company update/wholesale

Dutch astronaut André Kuipers to open Swift Innotribe with keynote speech

The return of this year’s SWIFT Innotribe will begin with a keynote speech from Dutch astronaut André Kuipers.

31 August 2022

News/cloud

Microsoft and Nexi collaborate to innovate across the European payments landscape

Nexi has announced a strategic partnership with Microsoft to digitise payments solutions and secure cloud-based infrastructures across the European market.

29 July 2022

News/sustainable

Sustainable Finance Live 2022 attendee registration now open

Registration for Sustainable Finance Live, Finextra's programme of content, workshops and experiments, designed to create actionable ESG strategies, is now open.

28 July 2022

Company update/people

FinTech Australia names first policy lead

FinTech Australia has appointed former Federal Government adviser Nick Kavass as its first Policy Lead.

19 July 2022

News/startups

Fintech valuations fall by half a trillion

Nearly half a trillion dollars has been wiped off the valuation of fintech firms so far this year when their current value is compared to their peak valuation, according to CB Insights.

18 July 2022

Company update/payments

ING, NXP and Samsung join forces for new method of mobile payment

ING and NXP Semiconductors have developed a payment method that involves pointing your mobile phone in the direction of the person you’re paying. The method is called NEAR and was developed by ING Factory, ING’s workshop for technological customer and payment innovations. ING and NXP are collaborating with Samsung to ensure that the payment method is compatible with their devices. This first peer-to-peer payment application involves making a payment by holding a phone close to another phone. It means that users no longer need to search for each other’s username, email address or telephone number if, for example, they want to buy something at a jumble sale, put some money in a collection box or split a restaurant bill.

08 July 2022

Company update/startups

AtomicLab wins 'Coding Challenge for Ukraine' hackathon

On June 29, 2022, the European Commission in cooperation with the Ukrainian Association of Fintech for Innovation Companies (UAFIC) and the European Association of Digital Finance (EDFA) held a ceremony to award a project to develop technological solutions that will help Ukrainians — pan-European hackathon “Coding Challenge for Ukraine”. The event's partner was the international payment system LEO.

01 July 2022

News/startups

Wise’s Taavet Hinrikus launches €250m fund for tech founders

Taavet Hinrikus, Ian Hogarth, Khaled Helioui and Sten Tamkivi have unveiled Plural, an investment platform for the next generation of tech founders with global potential.

28 June 2022

Company update/retail

Pan-African FS firm Old Mutual uses Wazoku to increase ideas by 150%

Pan-African financial services (FS) firm Old Mutual is using innovation scale-up Wazoku’s Enterprise Innovation Platform to drive innovation and has seen the number of ideas submitted across the company increase by 150%.

21 June 2022

News/payments

EBAday 2022: Cloud is a core pillar of payments, but it’s not magic

Kicking off an afternoon of sessions at EBAday 2022 in Vienna on how technology can take payments to the next level, Patricia Hines, head of corporate banking research, Celent moderated a panel with Patrice Amann, regional business lead – EMEA financial services, Microsoft; Philipp Höfer, group product owner cash management, Raiffeisen Bank International; Jon Lloyd, head of customer success for Europe, Form3; and Steve Wright, principal commercial consultant, Lusis Payments and Consultant, Hewlett Packard Enterprise.

31 May 2022