Articles with tag: innovation

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Envestnet | Yodlee offers hyper-personalisation to financial services industry via new solution

06 Aug 2020 | Payments General

Envestnet | Yodlee, a data aggregation and analytics platform providing dynamic, cloud-based innovation for digital financial services, has launched Insights Solutions.

Envestnet | Yodlee, data aggreggation, financial services, cloud-based innovation, digitalisation, financial planning, APIs, product launch

The Government of Western Australia and Newfound initiate virtual UK trade mission

05 Aug 2020 | Ecommerce

The Government of Western Australia and global expansion specialists Newfound have launched a virtual trade mission in September 2020.

Government of Western Australia, trade mission, commerce, innovation, collaboration, technology, UK, Australia,

Does China's Digital Currency have a chance to supplant a digital dollar as a global reserve currency?

05 Aug 2020 | Cryptocurrencies

The principal threat to the role of the dollar as Prime currency comes not from Facebook but from China’ ‘The Digital Currency Revolution’ by David Birch

David Birch, digital currency, central bank digital currency, Facebook, China, trade, economy, central bank reserves, central bank, payments, innovation

BNY Mellon offers SWIFT gpi Case Resolution service

04 Aug 2020 | E-invoicing, SCF & E-procurement

BNY Mellon has collaborated with SWIFT to offer the gpi Case Resolution service to US-based clients.

BNY Mellon, SWIFT, gpi, Case Resolution, US, United States, client-centric payment services, global payments innovation, cloud, banks, inquiries, compliance, payments, cross-border payments, fees

Mastercard, Microsoft team up to innovate digital commerce

29 Jul 2020 | Online Payments

Mastercard and Microsoft have announced a collaboration to shape the future of digital commerce, drive startup innovation, and enable financial inclusion. 

Mastercard, collaboration, Microsoft, innovations, digital commerce, startup, ecommerce, financial security, IoT, AI

Dubai International Financial Centre partners with a Chinese fintech platform

27 Jul 2020 | E-invoicing, SCF & E-procurement

Dubai International Financial Centre (DIFC) has signed a MoU with Jiaozi Fintech Dreamworks, a China-based fintech innovation and entrepreneurship platform.

DIFC, fintech, China, Dubai International Financial Centre, Dubai, MoU, Jiaozi Fintech Dreamworks, China, innovation, entrepreneurship, Middle East, Africa, South Asia, MEASA, UAE, Belt and Road, partnership, People’s Bank of China, banks

B2B payments 2019-2020 – key drivers of innovation

27 Jul 2020 | Payments General

An overview of some of the B2B payments trends and initiatives from late-2019 to mid-2020, the Covid-19 impact, the productisation of B2B payments, and future perspectives for this industry

B2B payments, fintech, virtual cards, B2B transactions, cards, investments, acquisitions, digital payments, innovation, partnerships, coronavirus, expansion, corporate cards, cross-border payments, commercial payments, investors, fraud, card schemes, businesses, PSPs, payments, suppliers, digitisation, corporates, banks, payment providers, travel, expenses, commercial card

Mastercard Foundation launches Young Africa Works programme

24 Jul 2020 | Payments General

The Mastercard Foundation has announced its Young Africa Works strategy in Uganda, aiming to enable 3 million young people in the country to access work opportunities by 2030. 

Mastercard, Mastercard Foundation, Uganda, Young Africa Works, Private Sector Foundation Uganda, The Innovation Village, Gudie Leisure Farm, GOAL Uganda, the National Social Security Fund, Equity Bank Uganda, banks

OCC issues letter regarding banks' crypto custody services

23 Jul 2020 | Cryptocurrencies

US-based bank regulator OCC has posted a letter clarifying national banks’ and federal savings associations’ authority to provide cryptocurrency custody services for customers. 

Office of the Comptroller of the Currency, OCC, US, United States, national banks, federal savings associations, cryptocurrency, crypto, custody services, fintech, innovation, banking, digital assets, state banks

Ant Group unveils technology brand AntChain for express blockchain deployment

23 Jul 2020 | Cryptocurrencies

Ant Group, a provider of financial services technology, and the parent company of Alipay, has launched AntChain.

Ant Group, blockchain, SMEs, Alipay, AntChain, AI, Internet of Things, IoT, secure computation, China, innovation

American Eagle Financial Credit Union selects Fiserv to transform its user experience

22 Jul 2020 | Online & Mobile Banking

American Eagle Financial Credit Union (AEFCU) has selected Fiserv to help transform its member experience and drive innovation.

American Eagle Financial Credit Union, US, Fiserv, innovation, AEFCU, TPP, SMBs, banking, DNA, DNAapp

CoCoNet launches business unit in Germany

17 Jul 2020 | Online & Mobile Banking

CoCoNet, a provider of digital banking solutions, has launched a new business unit.

CoCoNet, innovation, digital, banking, digital banking, Germany, CoCoNet Innovations GmbH, corporate banking

Open Banking – making advantages visible

09 Jul 2020 | Payments General

Christian Wolf, Head of Strategic Partnerships & Ecosystems in Raiffeisen Bank International (RBI), shares with our readers best practices on Open Banking, APIs, and innovation from RBI

Christian Wolf, Raiffeisen Bank International, RBI, fintechs, banks, Open Banking, APIs, innovation, PSD2, CEE, eIDAS, EBA

Deutsche Bank, Google sign multi-year, strategic partnership

07 Jul 2020 | Payments General

Deutsche Bank has agreed a strategic, multi-year partnership with Google to give the German lender access to cloud services and drive innovation in technology-based financial products for clients.

Deutsche Bank, cloud, technology, Google, banking, Microsoft, Amazon, innovation, digitalisation

BIS Innovation Hub to expand to new locations in Europe and North America

01 Jul 2020 | Payments General

BIS Innovation Hub has announced plans to extend its reach with new centres over the next two years in collaboration with central banks from Europe and North America.

BIS Innovation Hub, Europe, North America, central banks, BIS Innovation Hub, fintech, Bank of Canada, Bank of England, European Central Bank, Eurosystem, Danmarks Nationalbank, Central Bank of Iceland, Central Bank of Norway, Sveriges Riksbank, Federal Reserve System, Hong Kong Monetary Authority, Monetary Authority of Singapore, Swiss National Bank

Scotland fintech raises EUR 24.6 funding boost

29 Jun 2020 | Online & Mobile Banking

Scotland fintech raised EUR 24.6 million in funding round to establish a Global Open Finance Centre of Excellence (GOFCoE) in the Edinburgh and Central Belt region.

fintech, Scotland, Global Open Finance Centre of Excellence, GOFCoE, Edinburgh, Central Belt, R&D, open banking, banking, data, UK Research and Innovation, Strength in Places Fund, University of Edinburgh, Financial Data and Technology Association, FDATA, Scottish Enterprise

Worldpay from FIS enables instant payments from the bank account through Open Banking Hub

19 Jun 2020 | Online Payments

FIS, a global provider of merchant and financial services technology, has announced Open Banking Hub, a new payment solution for its Worldpay merchant clients and their consumers. 

FIS, Open Banking Hub, payments, merchants, innovation, instant payments, banking

Thai central bank investigates building central bank digital currency for payments

19 Jun 2020 | Cryptocurrencies

Thailand’s central bank has unveiled plans to build a prototype of a payment system for businesses using central bank digital currency (CBDC).

Thailand’s central bank, CBDC, Bitcoin, central bank, innovation, digitalisation, Asia

MagicCube, areeba partner to launch contactless payment solution in the Middle East

15 Jun 2020 | Mobile Payments

US-based IoT security platform MagicCube has partnered with financial technology company areeba to roll out a contactless payment solution in the Middle East.

MagicCube, areeba, Middle East, SoftPos, contactless payment acceptance terminal, POS, merchants, Google Play, contactless cards, HCE mobile wallets, CVentures, Bold Capital, Epic Ventures, Sony Innovation Fund, NTT Data, Azure Capital, Visa, Luqman Weise Capital

ChargeAfter teams up with MUFG Innovation to expand POS usage

09 Jun 2020 | Online Payments

US-based ChargeAfter, a POS financing platform, has partnered MUFG Innovation to equip retailers with tools to approve applications for POS Financing from multiple lenders.

MUFG Innovation, partnership, POS, ChargeAfter, US, retailers, lenders, technology, banks, ecommerce, onboarding, merchants