Latest Innovation News: Finextra Research

PKO Bank Polski to go live with blockchain project

Poland-based PKO Bank Polski has completed work on what it claims is the biggest client-facing blockchain implementation globally.

20 September 2018

News/Innovation

Financial Services Seizing the Opportunity in New York

Innovation in Payments, Technology and Cyber Risk Management were all key topics at the Swift Business Forum New York 2018. 600 financial services professionals and industry experts recently gathered in the Big Apple to discuss the opportunities that innovation and collaboration provide.

20 September 2018

News/Innovation

Goldman Sachs to sell fixed income app

Investment bank Goldman Sachs is near to finding a buyer for its investment app Simon, according to reports.

20 September 2018

Company update/Innovation

Ant Financial launches new fintech brand

Ant Financial Services Group (“Ant Financial” or “the Company”) today announced that the Company would open up a full suite of technology products and services under a new brand, Ant Financial Technology, to support the growth of financial institutions by improving user experience and lowering costs.

20 September 2018

Company update/Innovation

Tieto and Citrix team up for hybrid cloud service

The Nordic IT services and software company Tieto has entered into a strategic partnership with unified workspace, networking and analytics provider Citrix to provide a new generation of hybrid cloud services.

19 September 2018

News/Innovation

Crypto exchanges’ legal status questioned in NY

New York’s Attorney General (AG) has reported three crypto exchanges to the state’s regulator for possible violations of digital currency violations.

19 September 2018

News/Innovation

UK FS firm admit spending almost £1m on failed or cancelled digital projects

Fear of failure is holding back digital projects at UK financial services firms, which admit spending almost one million pounds on unsuccessful or cancelled efforts, according to a survey from Fujitsu.

19 September 2018

Company update/Innovation

Here come the Belgians

The official collaboration between Projective and B-Hive has been launched at the festive opening of banking services provider Projective’s new offices.

18 September 2018

Company update/Innovation

UnderwriteMe selects Yellowfin for analytics service

Yellowfin BI, the analytics company that provides better answers faster, today announced that UnderwriteMe, the largest supplier of automated underwriting systems in the UK and Ireland, has deployed Yellowfin technology to give insurers a new way to consume and serve up rich data services.

18 September 2018

News/Innovation

Abu Dhabi opens digital sandbox

Abu Dhabi Global Markets (ADGM), the emirate's international financial centre, has further underlined its fintech ambitions with the launch of a digital sandbox.

18 September 2018

Finextra TV/Innovation

Implementing Best-Practice CLM

Colm Heffernan, Chief Operations Officer, Fenergo, gives advice for financial institutions about to embark on implementing a Client Lifecycle Management solution across their global operations and what the key ingredients to successful partnerships are.

18 September 2018

Company update/Innovation

Raiz Invest launches facebook chatbot

Raiz Invest Limited, the mobile-first micro-investing platform, has today launched a chatbot to improve the user experience.

18 September 2018

Company update/Innovation

CompoSecure surpasses one million mark in dual interface metal cards manufacturing

CompoSecure, L.L.C., a pioneer and global leader in the design and manufacturing of premium financial cards, today announced that it has produced more than one million dual interface (EMV chip & contactless) metal cards.

18 September 2018

News/Innovation

New York sues the OCC over fintech charter rule

New York state has filed a lawsuit against the US Office of the Comptroller of the Currency (OCC) over a decision to allow fintech companies to apply for national banking charters.

17 September 2018

News/Innovation

Ex SpaceX engineer launches crypto exchange

A former engineer with Elon Musk's aerospace manufacturer SpaceX has launched what he claims is a public digital currency exchange with tools and services expected of an institutional standard.

17 September 2018

Company update/Innovation

CFTC and Singapore central bank sign fintech pact

The US Commodity Futures Trading Commission (CFTC) and the Monetary Authority of Singapore (MAS) today signed an arrangement to foster greater cooperation in FinTech.

13 September 2018

Company update/Innovation

Prudential UK joins FinTech Scotland as strategic partner

Prudential UK, part of the UK and European savings and investments business of Prudential plc,is driving digital transformation and fintech innovation across a wide range of its long-term financial solutions to createa simple, modern savings and investment business focused on customers and financial advisers.

13 September 2018

Company update/Innovation

Worldline to run payments hackathon in Paris

Worldline [Euronext: WLN], the European market leader in payment and transaction services, is organizing its first Hackathon the "e-Payments Challenge" which will be held in Paris from September 26 to 28.

13 September 2018

News/Innovation

Banco Sabadell invests in startup venture builder Antai

Spanish insurance outfit Mutua Madrileña and Banco Sabadell's innovation hub InnoCells have each invested EUR5 million in local venture builder Antai, to contribute to the development of new digital businesses in the fintech and insurtech sectors.

13 September 2018

News/Innovation

State regulators refile lawsuit over OCC fintech charter plans

US state financial regulators are to renew their litigation efforts over the recent decision by the Office of the Comptroller of the Currency to create a special purpose charter for financial technology firms.

13 September 2018