Innovation

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/Innovation

Standard Chartered opens Hong Kong innovation lab

Standard Chartered has opened an innovation lab in Hong Kong to tap emerging financial technologies and data science in the region.

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DBS Hong Kong appoints Brit Blakeney as innovation and ecosystem head

DBS Hong Kong today announced that Brit Blakeney has joined the bank as Innovation and Ecosystem Head. Brit is a digital executive with over 20 years of experience.

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The next stem of the real-time discussion

Paul Thomalla, SVP Global Corporate Relations & Development, ACI Worldwide, talks about where the discussion about real-time payments has moved in the last 6 months, how more SMEs would now change banks if they didn’t offer them real-time payments and what similarities there are between the US, Europe and Asia, within the fintech and regulation space.

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Emirates NBD registers cheques on a blockchain

Emirates NMD has integrated blockchain technology into issued cheques to reduce the risk of forgery and to minimise potential fraud.

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House of Lords calls for UK to lead the way on ethical AI

As the use of artificial intelligence (AI) in a host of industries, not least the financial services sector, gains traction, the House of Lords has called for the UK to lead the way in the ethical development and deployment of the technology.

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Changing lanes with innovation

James Maudslay, Senior Manager Solution Marketing, Equinix, talks about some of the practical implications for banks around Open Banking and how well positioned are they in dealing with them, how are banks managing their need to offer innovative digital services to their customers and whether legacy infrastructure is a constraint, and how strategic partnerships and collaboration with others will benefit banks.

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Competing in an increasingly competitive space

Cédric Derras, Global Head of cash Management, UniCredit, talks about what some of the key initiatives and trends the global payments industry is wrestling with are, how banks are coping with this through greater collaboration with third-parties to manage and compete in an increasingly competitive space, and how this will benefit the banks and their customers in the future.

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Startupbootcamp FinTech seeks international startups focused on Latin America

Startupbootcamp FinTech, the leading global FinTech accelerator focused on innovation for the financial services industry, is on the search for the next FinTech startups ready to take Latin America by storm.

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AXA Strategic Ventures rebrands as AXA Venture Partners

AXA Strategic Ventures, the global venture capital firm, announces that from today the fund is rebranding and will be known as AXA Venture Partners.

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NTT Data completes Bank of England PoC trial

NTT DATA, a recognised leader in global technology services, is today announcing the successful completion on a Proof of Concept (PoC) trial for data analysis in conjunction with Reportix, a company that specialises in flexible data management, for the Bank of England (BoE) Fintech Accelerator Programme.

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Gautam Jain moves to SC Ventures

Standard Chartered Bank is pleased to announce that Gautam Jain, currently Global Head, Digitisation and Client Access (DCA), Transaction Banking, has joined SC Ventures, effective immediately, to help the Bank’s innovation effort, seek attractive fintech investments and set-up new ventures.

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Digital Drive in Energy Trading

Doug Pollock, Global Head of Business Development for Financial and Risk in the Energy Practice Group, Thomson Reuters, talks about how the energy trading sector is coping with the drive towards digitalization, why data and technology are hailed the core elements to digitalization for the energy trading sector and what areas of risk in particular, should the energy sector be concerned with.

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Garanti sponsors Turkey’s first blockchain workshop

BBVA backed Garanti Bank, in cooperation with Turkish Central Bank and TUBITAK, the Scientific and Technological Research Council of Turkey, has sponsored the first Blockchain Workshop in Turkey.

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Six startups join DBS Accelerator Hong Kong

Six FinTech startups from across Asia and around the world kicked off DBS Accelerator in Hong Kong this year, seeking to shape the future of finance with innovative solutions in enhancing the customer’s digital journey, data analytics, as well as compliance transformation and more.

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Best Execution obligations of MiFID II in action

John Mason, Global Head of Regulatory & Market Structure Strategic Response & Propositions, Thomson Reuters, talks about the impact of RTS 27 and 28 coming into force, what challenges firms are facing with satisfying the Best Execution requirement in terms of data, how the market and clients will be effected and how post MiFID II implementation will the impact non-financial institutions.

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Seismic Foundry fintech fund to raise fresh capital

Capital markets venture fund Seismic Foundry has made a further two investments in the fintech startup space and begun raising funds for a new warchest for the 2018-19 financial year.

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The virtuous circle of payments innovation

Nick Kerigan, managing director of future payments at Barclaycard, explores what really drives innovation in the payment industry.

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Starbucks integrates with Samsung Bixby for voice ordering in Korea

Starbucks Coffee Korea Co., a 50/50 joint venture between Starbucks Coffee International, Inc. and Shinsegae Group, launched voice recognition ordering today in South Korea by integrating with Bixby, Samsung’s intelligent assistant, available on select Samsung Galaxy devices.

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Challenger bank gives up licence to focus on IT platform

A UK challenger bank aimed at the SME business sector has opted to give up its banking licence in order to spend more time developing its IT infrastructure prior to its launch.

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ICICI Bank is first in India to go live on Swift's gpi service

SWIFT announces today that ICICI Bank is the first bank in India to go live with its global payments innovation service.