UK’s open banking service to go live in January 2018
The Open Banking Implementation Entity has confirmed that the UK will be the first nation to launch open banking.
Innovation
Blockchain and Bitcoin round-up: 19 December 2017
Features ABI Lab, R3, the government of Estonia, Chronobank and Bitcoin.com.
Brazil’s Banpará Bank enters video banking realm
Implements TrueConf’s video conferencing solution into its first branch.
FCA publishes feedback on distributed ledger technology
The responses on the potential for future development of DLT in the markets it regulates.
Fintech tour Amsterdam: the best of three worlds
A look at Amsterdam’s fintech scene via a one-day tour.
Fintech trends 2017: blockchain, big data… what’s next?
2017 ends with the Bitcoin having surpassed the $19,000 mark. Could this perhaps be a taste of our future?
Blockchain consortium Hyperledger loses members
More than 15 members either cut financial support or quit the project over the past few months.
Symbiont smart contracts to simplify index data sharing for Vanguard
Smart contracts platform Symbiont has teamed up with Centre for Research in Security Prices (CRSP).
Banking Technology December 2017/January 2018 issue out now
In the eye of the storm we provide clarity.
Schroders first in Singapore to launch asset manager chatbot
Beta version now online operating through Facebook Messenger.
Banking Technology Awards 2017: and the winners are….
The glamorous Banking Technology Awards 2017 took place on 13 December at the elegant Millennium Mayfair hotel in London.
Top fintech stories this week – 15 December 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Infographic: the rise of the ICO
The initial coin offering (ICO) investment has surged since the first one back in 2013.
Using artificial intelligence to keep criminal funds out of the financial system
Are you suspicious? This is a key question at the heart of efforts to tackle money laundering: if you work for a bank or other financial institution and have suspicions money laundering is happening, you have a legal duty to speak up.
AI will create 2.3m jobs by 2020 – report
With concerns that AI will make human employment obsolete, research firm Gartner is looking to counter that narrative.
Fortune 500 fuel IBM quantum computing quest
IBM has revealed the first clients to tap into its IBM Q early-access commercial quantum computing systems.
Emirates NBD appoints chief digital officer, seeks fintech partnerships
Emirates NBD’s new chief digital officer is on the lookout for partnerships with fintechs.
PSD2: regulation as a catalyst for innovation
PSD2 comes into force on 13 January 2018. It aims to open up the European payments market to greater competition and transparency, but its effect will be more far-reaching, acting as a catalyst for innovation not just in payments, but in the wider financial services market.
Google shows love for AI with new centre in China
Google has unveiled an AI centre in China as it searches out humans with ML talent.
Fintech funding round-up: 13 December 2017
This round-up features Finstar, State Street, FRISS and iZettle.
Nesta reveals ten winners of SME innovation challenge
Nesta names prize winners at the conclusion of stage one of its Open Up Challenge.
Nordea’s open banking goes live in Finland
Nordea has connected APIs to its production system and made its open banking live in Finland.
NAB doubles investment in innovation hub
Will also increase hub’s workforce by 70% in 2018.
IBM hot for bots with asset exchange launch
IBM has unveiled its Bot Asset Exchange – a place for chatbot development.
GDPR vs PSD2: a challenging contradiction or two sides of the same coin?
Are GDPR and PSD2 really that dissimilar and incompatible? Or do they combine to create a robust security mind set?
Gremlin looks to bring “chaos engineering” to cloud masses
US start-up is looking to help enterprises improve cloud applications’ reliability.
truePTS post-trade tech right fit for JP Morgan and Citi
Opt to use post-trade processing tech to provide automation to market participants who process derivatives.
Cryptocurrency start-up Telcoin courts mobile finance firms
Looking to ride the wave of interest in cryptocurrencies, Telcoin is also hoping to raise funds from an ICO.
ING cuts bond trading time with AI-powered Katana
The name’s bond. Tamed bond.
Microsoft releases quantum development kit for AI
Microsoft sets out ambitions to create a quantum computer that can be used to address complex issues such as AI.
Rise of the machines will be monitored
The Financial Stability Board has stated in its first report on AI that the risks they pose need monitoring.
ABN Amro’s Prospery supported by Five Degrees’ tech
EXCLUSIVE: ABN Amro’s new wealth management proposition, Prospery, has implemented Five Degrees’ Matrix solution.
Best Innovation Group brings Enrichment to credit union with Amazon Alexa
Enrichment FCU has rolled out Best Innovation Group’s financial interaction voice experience Amazon Alexa skill.
Fintech funding round-up: 11 December 2017
This round-up features WorldRemit, PAIR Finance and an update on Sophia the AI robot and SingularityNET.
UK cybersecurity centre showcases second wave of start-ups
The UK’s National Cyber Security Centre has revealed its latest batch of nine cybersecurity start-ups.
Startupbootcamp launches Scale innovation programme for start-ups
Startupbootcamp has unveiled the launch of Startupbootcamp Scale, an innovation programme for growth stage start-ups in emerging markets.
Alior Bank to launch fintech accelerator
Alior Bank has unveiled its acceleration programme for technology start-ups using the OpenAPI environment based on IBM technology, implemented by business solutions developer Tuatara.
What is the future of digital cash?
The recent World Economic Forum (WED) report “Sweden could stop using cash by 2023”, says that the country is moving towards favouring cards and mobile payment apps. Yet retailers are expected to accept cash for at least a couple of years afterwards.
Top fintech stories this week – 8 December 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Fintech Connect Live 2017: the unleashing of AI and ML
Fintech Connect Live 2017 is a gathering of some of the biggest players in the fintech. With the looming rise of open banking and the cryptocurrency surge, it’s the smaller start-ups and innovators of smart technologies in banking that are making headway with use of artificial intelligence (AI), machine learning (ML).
