Latest Innovation News: Finextra Research

Hyundai preps in-car payments

Car maker Hyundai is working on an in-vehicle credit card payment service that enables drivers to find and pay for coffee, gas and parking from their "infotainment" screen.

30 May 2018

Company update/Innovation

Fidelity and Citizen Bank back MassChallenge fintech accelerator

MassChallenge, a global network of zero-equity startup accelerators, will launch its newest vertical accelerator to support and grow startups in the financial technology (FinTech) industry.

29 May 2018

Company update/Innovation

BMO Private bank showcases AI expertise

Bank of Montreal (BMO), a Canadian financial services leader for more than 200 years, hosted Artificial Intelligence (AI) and tech professionals from Canada and Hong Kong to unveil innovative AI technology and applications.

29 May 2018

Company update/Innovation

CIMB pledges RM 75 million to digital learning academy

CIMB Group Holdings Berhad (“the Group” or “CIMB”) has pledged RM 75 million over the next three years to the CIMB 3D Academy (“the Academy”). The Academy – premised on digital, data and disruption – is aimed at helping CIMB embrace the Fourth Industrial Revolution (4IR) to propel its digital ambitions via a Group-wide people development initiative.

29 May 2018

Company update/Innovation

The Disruption House and the International RegTech Association join forces

The Disruption House (TDH), the specialist benchmarking and data analytics company, and the International RegTech Association (IRTA) are delighted to announce a new partnership that will support accelerated adoption of Financial Services Regulatory Technology (RegTech) solutions.

29 May 2018

Company update/Innovation

Abu Dhabi Global Market and KPMG launch fintech innovation challenge

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and KPMG Lower Gulf Limited “KPMG LG” are pleased to launch the second edition of FinTech Abu Dhabi Innovation Challenge (the Challenge) and push ahead with efforts to drive innovation in the financial services industry.

28 May 2018

Company update/Innovation

ConsenSys to open Dublin innovation studio

ConsenSys, a blockchain company, announced its expansion into Ireland with the Dublin Innovation Studio, expected to open in June of 2018.

25 May 2018

News/Innovation

Student develops contactless tipping system for buskers

The times, they are a changing. With fewer people carrying cash, a British university student has developed a system that lets buskers accept contactless payments.

25 May 2018

News/Innovation

ING opens developer portal

ING has opened its internal developer portal to coders from corporate clients and fintech startups, providing access to simulated APIs for testing and developing new products.

25 May 2018

Company update/Innovation

World’s first blockchain platform for marine insurance now in commercial use

EY, Guardtime, A.P. Møller-Maersk, Microsoft and insurance industry leaders Willis Towers Watson, XL Catlin, MS Amlin and ACORD announce members of the marine industry are using Insurwave, a blockchain platform to support marine hull insurance.

25 May 2018

News/Innovation

European payments chiefs to gather in Munich for EBAday2018

A host of board directors, chief financial officers and payments and technology heads from Europe's leading banks have confirmed their participation in the conference programme for the thirteenth annual EBAday, taking place this year in Munich between the 12th and 13th June.

25 May 2018

News/Innovation

Deutsche Bank swings the axe but promises new platform for millennials

Amid massive jobs cuts in its investment banking business, Deutsche Bank is prepping a "surprise" new banking platform targeting 12 million millenials.

24 May 2018

Company update/Innovation

Tinkoff Bank to open innovation centre with the Talent and Success Foundation

Tinkoff Bank and the Talent and Success Foundation signed a cooperation agreement on the sidelines of the St Petersburg International Economic Forum.

24 May 2018

News/Innovation

Commerzbank FX transaction has big implications for blockchain in post-trade

The deployment of blockchain technology to streamline foreign exchange post-trade confirmation and matching has moved a step closer with the replication of an FX forward trade conducted by Commerzbank on behalf of thyssenkrupp across R3 Corda.

24 May 2018

News/Innovation

Live: Temenos Community Forum (TCF), Dublin, day two

It's the second day of Temenos' annual conference on the banks of the River Liffey in Dublin. Stay tuned for more on the latest in banking transformation and digital disruption, not to mention the Innovation Jam final.

24 May 2018

Company update/Innovation

Demo day comes for Barclays accelerator graduates

After 13 weeks of development, mentoring and networking, the 10 companies in the fifth London cohort of the Barclays Accelerator programme today revealed their propositions at Rise London in Shoreditch: the largest FinTech community site in Europe.

23 May 2018

Company update/Innovation

Smartkarma woos investment analysts with independent research accelerator

Smartkarma, the leading investment research network for independent research providers, today announces the launch of Boost Research. Boost Research is the world’s first accelerator programme designed to support investment analysts who want to start independent research businesses and break the decades old sell-side research model.

23 May 2018

News/Innovation

OCBC Bank to push biometric POS to merchant customers

Singapore's OCBC Bank is to offer merchants a fingerprint-based point of sale device capable of handling multiple payment form factors and loyalty schemes.

23 May 2018

News/Innovation

Brazilian central bank draws on Big Tech support for new innovation lab

The Central Bank of Brazil has opened an innovation laboratory for creating new financial applications with the support of Amazon Web Services, Microsoft and IBM.

23 May 2018

Company update/Innovation

Wells Fargo Innovation Group chief Steve Ellis retires

Wells Fargo & Company (NYSE:WFC) announced today that Steve Ellis, head of the Innovation Group, will retire after nearly 31 years with the company.

22 May 2018