Latest Innovation News: Finextra Research

TD Ameritrade dangles $100,000 carrot for competition

TD Ameritrade has kicked off a crowdsourced fintech competition to develop a new generation of tools for Registered Investment Advisors, with $100,000 up for grabs for the top three submissions.

17 July 2018

Finextra TV/Innovation

Making sense of the various flavours of AI

Gayle Sheppard, Vice President and General Manager, Saffron AI Group, Intel Corporation, talks at NextGen Banking London: The AI Revolution, about how financial services going through a digital transformation, can make sense of the various flavours of AI and what the future holds in this space.

16 July 2018

Company update/Innovation

Steve Freiberg joins TowerBrook Capital Partners advisory board

TowerBrook Capital Partners L.P. (“TowerBrook”), an international investment management firm, today announced that Steve Freiberg has joined the firm’s Senior Advisory Board.

16 July 2018

Company update/Innovation

Visa hosts Dubai Smart City Accelerator's FastTrack mentoring session

Visa (NYSE:V), the world leader in digital payments, and Startupbootcamp, the leading network of innovation programs accelerating startups worldwide, hosted “FastTrack”, a mentoring session for startups participating in the Dubai Smart City Accelerator, which is hosted in Dubai Technology Entrepreneur Centre (dtec), the largest hub of its kind in the Middle East that is wholly owned by Dubai Silicon Oasis Authority (DSOA).

16 July 2018

Company update/Innovation

Sberbank becomes member of Russian Association of Robotics

Sberbank has become a member of the Russian Association of Robotics (RAR). The statement was approved yesterday by Sberbank’s Executive Board, in accordance with the bank’s Charter.

13 July 2018

News/Innovation

Metro Bank opens developer portal

Branch-based Metro bank is upping its digital game with the launch of a developer portal for third party firms to build services on top of its APIs.

13 July 2018

News/Innovation

Regulators need to adopt a more pro-competitive stance to fintech - EU Parliament

EU regulatory bodies are failing to address competition issues in their public policy towards fintech developments in financial services, according to a report prepared for the European Parliament.

13 July 2018

Finextra TV/Innovation

The Contact Center of Modern Financial Services Organisations

Michael Heffner, Vice President, Global Banking, Capital Markets, and Insurance Industry Lead at Appian, speaks at EBAday 2018 about how poorly aligned customer onboarding is in financial services, the implications of this, how banks are transforming their contact centres, what role technology has in this and how a more integrated solution can improve the customer experience.

12 July 2018

Company update/Innovation

Stone & Chalk unites Melbourne and Sydney with launch of 'mega-hub'

Asia’s largest fintech innovation hub, Stone & Chalk, is uniting fintech across the eastern seaboard with the launch of a new national capability across its new home at the Goods Shed North in the heart of Melbourne’s CBD innovation precinct, and its residency in the Sydney Startup Hub.

12 July 2018

News/Innovation

Banks stand to reap $512 billion revenue boost from 'intelligent automation'

With banks the world over exploring the business case for AI and robotic automation, a new report estimates that hundreds of billions of dollars in additional revenue may be up for grabs as the focus moves away from costs savings to income generation.

12 July 2018

Company update/Innovation

FinTech Hive deluged with applications

FinTech Hive, the first and largest financial technology accelerator in the Middle East, Africa and South Asia (MEASA) region, is gearing up to start its 2018 edition in September, in partnership with Accenture.

11 July 2018

Company update/Innovation

BBVA selects Open talent finalists

BBVA has announced the finalists of Open Talent, the world’s biggest fintech competition.

11 July 2018

Company update/Innovation

Turkish government sets up fintech task force

To help in fulfilling the objectives of making Turkey a global hub for the FinTech industry and improving the FinTech ecosystem in the country, a FinTech task force was launched.

11 July 2018

Company update/Innovation

Frost & Sullivan collaborates with Seoul Fintech Lab

Frost & Sullivan has signed a Memorandum of Understanding with the Seoul Metropolitan Government (SMG) to support activities such as commercialization, investment promotion, and support for advancement of Fintech startups into the global market.

11 July 2018

Company update/Innovation

Fintech Europe selects nine startups for inaugural batch

Fintech Europe, Plug and Play's newest innovation platform, based out of Frankfurt, Germany, announced today the nine startups selected for its first batch.

11 July 2018

Company update/Innovation

Montreal's Holt Fintech Accelerator welcomes new partners

The success of the Holt FinTech Accelerator is contagious; major high-quality partners have joined this major project for the FinTech industry.

11 July 2018

Company update/Innovation

The Mobey Forum charts strategic options for Open Banking

Mobey Forum, the global industry association empowering banks and financial institutions to shape the future of digital services, today publishes a new report, entitled ‘Producers, Distributors, Aggregators: Strategic Options for Banks in the Post-PSD2 Age’.

11 July 2018

Company update/Innovation

Railsbank wins EUR100,000 venture capital award

Railsbank, a leading UK-based open-banking and regtech platform, and fellow London based startup Cybertonica, have won offers of €100,000 venture capital investment from MiddleGame Ventures.

11 July 2018

News/Innovation

The Big Data dilemma

How can we ensure that Big Data does not make us the prisoners of technology? That's the question posed by Charles Randall, chair of the Financial Conduct Authority and Payment System Regulator at a Reuters Newsmaker event in London.

11 July 2018

Finextra TV/Innovation

A strong hub, augmented intelligence and open banking key for payment processing

Raj Venkatraman, Head of Payments Solutions Sales & Dominique DeConinck, Europe Watson FSS Sales leader, Industry Platforms, IBM, talk at EBAday 2018 about whether having a finely tuned payments hub is enough to keep up with the pace of change set within the payments ecosystem, how AI can bring new value and services to the banks, and what steps IBM are taking in the Open banking arena.

10 July 2018