innovation

Michael Wiegand, Director of Financial Services for the Poor at Bill & Melinda Gates Foundation, delivered a keynote speech on the subject of “Democratising Knowledge: The Great Equaliser in a Digital Future.”

Fintech

Open banking yesterday, today and a look ahead

January 13, 2022

Today, we celebrate four years of open banking in the UK. Over these last few years the innovative practice has brought us more control over financial information, a plethora of apps and services that would fall flat without open data sharing, and an endless supply of opportunities to take finance further.

Banking Europe Hot News News

Is BNP Paribas building Europe’s first Mega Bank?

January 12, 2022

Press Release

Tonik Builds on Google Cloud to Accelerate Financial Inclusion and Open Banking Innovation in the Philippines

January 11, 2022

Tonik Digital Bank, the Philippines’ first digital-only neobank, is tapping Google Cloud’s advanced platform to accelerate financial inclusion for all Filipinos.

Fintech

How open banking will become as intuitive as Google Sign-In

December 20, 2021

Open banking may be a relatively new concept in Europe, however, three years after its inception it is still not user and developer friendly.

Press Release

Record investment and strong growth planned by small businesses, but loneliness and innovation are a challenge

December 8, 2021

Two-thirds of small business leaders (63%) feel lonely in their role, which could prevent their company from reaching its full potential. Of 1,046 business leaders surveyed by Starling Bank, seven in ten (70%) say they find it hard to come up with new and innovative ideas on their own.

Press Release

Nordigen launches 6 new products to standardise open banking data

December 1, 2021

Nordigen is launching a suite of new products designed to help developers build open banking-powered applications with more ease.

Fintech Technology

Open banking is gaining ground, how much more is there to gain?

November 26, 2021

There is huge untapped potential value that could be created by increased use of financial data. Not only will economies that adopt open data ecosystems see GDP growth of up to 5 percent by 2030, but all participants of such an ecosystem would reap the benefits.

Press Release

United Fintech Announces Acquisition of Trading Analytics Firm FairXchange

November 23, 2021

United Fintech has acquired a 25% stake in London-based FairXchange for an undisclosed amount in a transaction integrating the Company, its products and employees onto its digital platform.

Press Release

Bitpanda enables Lydia to offer digital assets to their users via their White Label Solution

November 22, 2021

Austrian fintech Bitpanda and French mobile financial services super-app Lydia joined forces to offer Lydia’s 5.5 million users access to investing in digital assets

Asia Sustainability ESG Technology

Guangzhou: The Beating Heart of China’s Electric Vehicles Push

October 20, 2021

The development of electric vehicles can almost be read as a case-study in the success of the Chinese economy since the late seventies: an example of the long-term economic planning, and shrewd government investment, that has allowed the private sector to flourish – albeit under the iron fist of the state.

Press Release

ISDA Launches Future Leaders in Derivatives Program

October 13, 2021

The International Swaps and Derivatives Association, Inc. (ISDA) has launched a new professional development program for emerging leaders in the derivatives market to help support their career progression and enable them to gain experience of working alongside other practitioners from all parts of the derivatives industry.

Events

Citi’s Jane Fraser addresses Sibos with message of change

October 13, 2021

As part of Sibos’ “View from the Top” series, being run throughout this year’s Sibos and consisting of addresses from multiple CEOs of global banks, Citi’s Jane Fraser spoke yesterday afternoon to offer a message of change.

Digital Assets

How should we regulate cryptoexchanges like Binance?

October 4, 2021

How do the courts and regulators go about protecting consumers (and their money) from cryptoexchanges like Binance, whilst avoiding stifling innovation in this rapidly developing space? To discuss this, we spoke to James Burnie.

Fintech

Supporting both sides of e-commerce transactions, with ZEN.COM

September 29, 2021

Non-banking FinTech companies are on a similar quest – correcting the inefficient elements of traditional financial services have, for many, been a recipe for success. What gives an edge to these firms and startups is that they make the customer experience the focus of their services, as they try to change the narrative around finance and restore the trust that has been lost between customers and service providers.

Not Listed

Unexpected partnerships with Huawei at Money 20/20

September 22, 2021

Encouraging collaboration in this space, creating the conditions where partnerships can develop, is clearly crucial for promoting growth. Done properly, it can also spark the innovation that in turn will transform financial services and the lives of those who use them.

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