Latest Innovation News: Finextra Research

Company update/startups

HDFC Bank launches Accelerator Engagement Programme

HDFC Bank today announced the launch of its Accelerator Engagement Programme (AEP) under the Bank’s Centre of Digital Excellence (CODE).

08 October 2018

News/Innovation

Howard University joins Citi innovation programme

Citi has added Howard University to its programme embedding students from leading schools into its innovation efforts, enabling participants to earn course credit for work with the bank on emerging technologies such as machine learning and big data analytics.

08 October 2018

Company update/Innovation

Fintech hubs in Switzerland and Luxembourg meet up

The Swiss Finance + Technology Association and the LHoFT Foundation are pleased to announce the signature of a new Memorandum of Understanding (MoU) at the FINTECH+ Conference in Zurich on Monday, 1st October.

05 October 2018

News/Innovation

Circle plans to build token marketplace with acquisition of SeedInvest

Crypocurrency firm Circle is to acquire equity crowdfunding platform SeedInvest with the aim of creating a regulatory-approved token marketplace for capital formulation by businesses and individual entrepreneurs.

05 October 2018

Company update/startups

ABBL extends fintech service pack to regulated entities

Following the introduction of the FinTech Service Pack by the Luxembourg Bankers’ Association (ABBL), the ABBL is delighted to announce that regulated FinTech firms operating in the financial technology sector in Luxembourg are welcome to join ABBL’s FinTech community.

05 October 2018

Company update/Innovation

City of London, DIT and Innovate Finance unite to Champion Women in Fintech

The City of London, in partnership with the Department for International Trade (DIT) and Innovate Finance, the independent membership body representing the UK’s global FinTech community, are hosting a Women in FinTech celebration today at Mansion House to celebrate female entrepreneurship in FinTech and the significant contributions women are making to the UK’s booming sector.

05 October 2018

News/Innovation

Deutsche Bank's AI stockpicker cuts through corporate greenwash

Data scientists at Deutsche Bank have developed an artificial intelligence tool that cuts through the flannel padding out the Environmental Social and Governance reports of most companies to analyse non-financial news and quantify the stock impact.

05 October 2018

News/Innovation

Esma budgets EUR1.1 million for monitoring fintech and crypto-assets

The European Securities and Markets Authority (Esma) has budgeted over EUR1 million to keep abreast of trends in financial innovation and crypto asstes over the course of the next year.

05 October 2018

Company update/Innovation

Startupbootcamp invites applications for next Latin American fintech programme

Startupbootcamp and Finnovista - celebrated the end of its first cohort during its Demo Day at FINNOSUMMIT Miami: a regional leading FinTech event, welcoming 300 attendees.

05 October 2018

Company update/Innovation

UK fintechs descend on India as part of City trade mission

This Monday will mark the first day of the Rt. Hon. Lord Mayor of the City of London, Alderman Charles Bowman, and his UK Business delegation in a trade mission to India.

05 October 2018

Company update/regulation

CFTC and Asic ink fintech agreement

The U.S. Commodity Futures Trading Commission (CFTC) and the Australian Securities and Investments Commission (ASIC) today signed an arrangement to cooperate and support innovation through each other’s financial technology (FinTech) initiatives – CFTC’s LabCFTC and ASIC’s Innovation Hub.

04 October 2018

Company update/regulation

Luxembourg and Australia agree fintech pact

The Luxembourg Commission de Surveillance du Secteur Financier (‘CSSF’) and The Australian Securities and Investments Commission (‘ASIC’) today signed a Cooperation Agreement which provides a framework for cooperation to understand financial innovation in each jurisdiction.

04 October 2018

Company update/startups

Elevator Lab: RBI selects eight participants

The eight participants in the second round of Elevator Lab, the Fintech Partnership Program of Raiffeisen Bank International (RBI), have been selected.

04 October 2018

Company update/Innovation

UniCredit launches workshop-based competition for Gen Z

UniCredit, together with Eastwest, today opens the registrations for DesiGenZ, the workshop-based competition focused on finding new ideas for best in class customer journey design for the Bank's future services by working with the bright minds of Generation Z [1] .

03 October 2018

News/Innovation

SocGen sets up fintech incubator for wholesale banking unit

Societe Generale is scouting for fintech startups to join a new incubator being hatched by its corporate and investment banking unit.

03 October 2018

Company update/Innovation

Sberbank updates mobile banking with payment emojis

Sberbank has launched a major update of its Sberbank Online app for iPhone.

03 October 2018

Company update/Innovation

Metro Bank funds MSc in retail and digital banking

Metro Bank, the revolution in British banking, has partnered with leading business school, Cranfield School of Management, to launch an MSc in Retail and Digital Banking, which also provides the Chartered Banker Diploma on completion.

03 October 2018

News/devops

Simple co-founder bids to upend financial world with APIs and a stablecoin

Simple co-founder Shamir Karkal has taken the wraps off his latest project: Sila, a startup offering fintech firms a suite of APIs and developer tools supported by a dollar-pegged stablecoin.

02 October 2018

Company update/Innovation

Paysafe to run global hackathon

Paysafe Group, a leading global payments provider, will host its first global hackathon across five of its key developer locations: Sofia (Bulgaria), Vienna (Austria), Hyderabad (India), Montreal and Calgary (Canada); to identify new ideas, talent and innovation that align to its bold technology ambitions.

01 October 2018

News/startups

BBVA unveils match-making platform for fintech startups

BBVA has launched a match-making platform that helps fintech startups get in touch with business units at the Spanish bank that might benefit from their products and services.

01 October 2018