Tagged: innovation

The Bells Toll on the Bank Branch: Temenos Survey

Close to two out of three banking executives believe branch banking will be dead by 2026, a new report published this week by Temenos suggests. Produced by the Economist Intelligence Unit, Branching out: can banks move from city centres to digital ecosystems? Includes a survey of 305… Read More

Crown Agents Bank appoints Fintech Head, Chief Commercial Officer as Part of Expansion 

Crown Agents Bank, a UK-regulated provider of wholesale foreign exchange and cross-border payments services has appointed a new Head of Fintech and Chief Commercial Officer. According to a statement from the company, David Mountain has joined the bank as Executive Vice President (EVP) and Head of… Read More

Derivatives Attorney Shares Insight into Changes at CFTC with New Administration: Increased Regulation May Hamper Innovation

The Biden Administration continues to announce new appointments as it looks to fill out the bench of federal appointees following the inauguration on January 20, 2020. For the securities and financial services industry, many questions exist as to how this leadership transaction will impact policy…. Read More

Mastercard Teams Up With Microsoft For Digital Commerce Innovation Push

Mastercard (NYSE: MA) announced on Tuesday has teamed up with Microsoft (Nasdaq: MSFT) for digital commerce innovation push. According to the duo, this new collaboration will accelerate Mastercard Labs’ native research and development activities, as well as Azure and AI, to advance Mastercard Labs’ mission… Read More

Financial Solutions Provider LAFISE Group Selects Fintech & Insurtech novae As Digital Transformation Partner

LAFISE Group (LAFISE), a Latin American financial services provider, announced on Tuesday it has selected fintech and insurtech company novae to support its digital transformation. The LAFISE Group reported that as a first step in the process, the Dominican Republic locations of the group’s retail bank chain, Banco LAFISE… Read More

Toyota Financial Services Forms Global Partnership With Plug and Play to Promote Fintech Open Innovation

Toyota Financial Services (TFS) announced on Wednesday it has formed a global partnership with Silicon Valley innovator Plug and Play. The company reported that the partnership was created to promote corporate innovation with startup companies offering financial services solutions. Through the new collaboration, TFS will promote… Read More

U.S. Bank Teams Up With Plug and Play to Increase Cybersecurity Innovation

Plug and Play announced on Friday that U.S. Bank (USB) has joined its Cybersecurity Innovation Platform as it prepares to kick off its first cohort. According to the hub, through this expanded partnership, U.S. Bank will engage with leading entrepreneurs in the Cybersecurity and Fintech sectors… Read More

NYU Stern Secures $8 Million to Establish New Hub for Technology, Business, & Innovation

On Monday, New York University’s Stern School of Business announced it secured $8 million to establish The Fubon Center for Technology, Business, and Innovation. The funds were given by alumnus Richard Ming-Hsing Tsai (MBA ’81), Chairman and CEO of Fubon Financial Holding Co., Ltd. together with Fubon Financial Holding… Read More

FCA Survey: 25% of Regulated Firms Believe FCA is Facilitating Innovation in the UK

In the financial services sector clear and transparent regulation is vital to a healthy marketplace. There is no financial services firm that will take issue with this statement. Yet regulation that balances on the tightrope of an efficient market and investor protection is quite hard…. Read More

EY Launches New York-Based Financial Services Innovation Center

Ernst & Young LLP (EY) announced on Wednesday the launch of its new Union Square Innovation Center in New York City. According to the company, the center will focus on financial services and is a flagship location for EY wavespace, its global growth an innovation… Read More

UK’s Starling Bank Launches Fast-Track Tech Innovation Developer Platform

London-based Starling Bank announced on Monday the launch of its new Developer Portal, which now enables third-parties to securely access customer data and builds on top of the Starling Platform using the mobile-only bank’s Application Programming Interface (APIs). According to Starling Bank, the APIs allow external… Read More

Newegg Teams Up With Indiegogo to Find the Latest & Greatest Tech Innovations

North American e-retailer, Newegg, announced on Wednesday it is teaming up with Indiegogo once again, this time to find the latest and greatest technology innovations. Newegg’s Gregory Rice revealed in a blog post: “At Newegg, we love tech. No surprise there, we’ve been drooling over the… Read More

KPMG Releases Global Technology Innovation Report

  KMPG just released part one of its Changing Landscape of Disruptive Technologies 2017 publication series, Global Technology Innovation Hubs. In the report, KPMG discusses the cities, countries, people and companies that are driving innovative development around the world. The report is based on data… Read More

Deutsche Bank Strengthens Innovation Team By Appointing Elly Hardwick as Head of Innovation & Philip Milne as CTO for Innovation

Deutsche Bank announced on Monday it is strengthening its fintech and innovation presence by appointing Elly Hardwick as Head of Innovation and Philip Milne as CTO for Innovation. According to Deutsche Bank, Hardwick will work closely with fintechs and the bank’s business divisions to drive the adoption of… Read More

Brief: Crowdcube Named Winner of MoneyAge Awards’ Innovation in Consumer Finance Award

On Friday, equity crowdfunding platform Crowdcube announced it was named the winner of the 2016 Money Age Awards’ Innovation in Consumer Finance award. The funding portal revealed on Twitter the exciting news: Very proud to say team @Crowdcube won the ‘Innovation in Consumer Finance’ award at… Read More

UK Government Report: Innovation Growing as Officials Push to Make UK Best Country in Europe to Start a Company

The UK government has published a report on innovation after culling data from over 30,000 employers between 2012 and 2014. According to their research, 53% of UK businesses are actively pursuing new products and services – an increase of 8% versus two years prior. Business… Read More

Brief: Y Combinator Ignites More Innovation through New Non-Profit, YC Research Funding, to “Benefit of the World”

“Our mission at YC is to enable as much innovation as we can.  Mostly this means funding startups.  But startups aren’t ideal for some kinds of innovation—for example, work that requires a very long time horizon, seeks to answer very open-ended questions, or develops technology… Read More

Australia’s Innovation Minister Christopher Pyne: Crowdfunding Is A ‘Highest Priority’

Australia’s Innovation Minister Christopher Pyne recently stated that governments had procrastinated on crowdfunding changes, and it was now a top priority, according to Australia’s Financial Review. Pyne said, To me it’s not that complicated, but that’s one of our highest priorities. There are things you can do quickly, there are… Read More

Claire Cockerton, Founding CEO of Innovate Finance and Chairwoman of Entiq, Talks FinTech Innovation

  Web search results for “Claire Cockerton” will have her bio featured on one of Europe’s largest technology accelerators, financial services conferences or a listing of women in fintech (to name a few) – providing a snapshot of what her LinkedIn profile confirms: Claire is a serial entrepreneur and… Read More

CEO of MD Insider Shares Details About Crowdfunding Success

With his company continuing to enjoy the success of its recent crowdfunding campaign, CEO of MD Insider, David Norris, discussed his experience with the funding method with the Wall Street Journal this week. As previously reported, the data healthcare innovator, which significantly reduces healthcare costs for employers, announced… Read More

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