FinTech & Banking

By TheBankingPractice Ltd. | From London by @BankingPractice

Blockchain technology is moving into the financial mainstream with IBM and seven European banks

IBM is building blockchain technology that will be used by seven of Europe's largest banks, including HSBC and Rabobank, to facilitate international …

FinTech

Deloitte’s Dublin lab is in the middle of a blockchain reaction

The building blocks of blockchain that will impact a variety of industries, not only finance, are being formed in a new Deloitte blockchain lab in …

Bitcoin

Smart Contracts – From Ethereum to Potential Banking Use Cases Whitepaper

With contributions from Zerado, FinTech Network have produced a whitepaper that looks at smart contracts and how they could improve efficiencies …

Bitcoin

Bank of England Deputy Governor Hogg to Leave at End of Week

Bank of England Deputy Governor Charlotte Hogg will leave the bank this week, which probably means the Monetary Policy Committee will be one member …

Brexit

The Future of Financial Services special report published in The Sunday Times

Published in<p>Report<p>Future of Financial Services<p>Apr, 2017<p>Viewrcnt.eu/q36in<p>Summary<p>Just 20 per cent of finance executives feel their organisation is …

FinTech

Credit card with a fingerprint sensor revealed by Mastercard

<b>A payment card featuring a fingerprint sensor has been unveiled by credit card provider Mastercard.</b><p>The rollout follows two successful trials in South Africa.<p>The technology works in the same way as it does with mobile phone payments: users must have their finger over the sensor when making a …

Banking

Four Top Women Have Quit the Bank of England This Year

The Old Lady of Threadneedle Street is looking a little short of female company.<p>The Bank of England is losing four of its top women this year after …

Banking

Security Vendors Find Banking Malware, Spyware on Google Play

DAILY VIDEO: Security Vendors Warn of Banking Malware, Spyware on Google Play; Oracle Patches 299 Vulnerabilities in April Critical Patch Update; …

Enterprise Tech

Blockchain Technology Startup Humaniq Raises $3.8M and Signs Contract With Deloitte

LONDON, April 21, 2017 /PRNewswire/ --<p>Blockchain technology startup <b>Humaniq</b> and global auditing firm <b>Deloitte</b> join forces.<p>(Logo: …

FinTech

BBVA Taps Blockchain to Make International Payments in Seconds

Blockchain may finally be moving out of the lab and into the marketplace.<p>Banco Bilbao Vizcaya Argentaria SA, Spain’s No. 2 lender, has executed its …

FinTech

More UK-based FinTech unicorns than in the rest of Europe combined

The UK has more financial technology companies valued at a billion dollars or more than any other European country, and is only behind China and the …

FinTech

Financial services jump into new fintech

The majority of global banks, insurers and investment managers intend to increase their partnerships with financial technology (fintech) companies …

World’s Best Cities to Launch a Fintech Firm: Deloitte Report

The report examines 44 global cities that are most conducive to fintech innovation<p>(Image: ThinkStock)<p>Deloitte published in April an interim report on …

BMO Harris Bank Launches FinTech Partnership Program with 1871

<i>Select group of Chicago-based FinTech startups to participate in a three-month mentorship program</i><p>CHICAGO, April 21, 2017 /PRNewswire/ - BMO Harris …

Banking

Using Fintech Regulations Might Hamstring The Big Brands

Entrepreneurs often complain that federal regulations of the finance industry impede radical advances in technology. Venture capitalist Adam Boyden …

Advice for Fintech Companies Working with Banks

For any fintech company that is just beginning to work with banks, the experience can at times be frustrating if ultimately rewarding. Banking and …

Regulation of Fintech in Canada

April 20, 2017<p>This article provides Fintech startups and investors with an overview of the regulatory framework that applies to the Fintech industry …

Retail banking growth engine

To discuss the Deloitte RBGE in more detail and how it would fit the needs of your bank please contact:<p>Partner<p>Daniel is a partner at Monitor Deloitte …

Big banks take on ultimate omnichannel challenge: Mobile mortgages

The way Bank of America’s John Schleck tells it, bringing mortgage applications to mobile devices — a new frontier for banks like B of A, CIBC and …

Banking

ANZ Bank in process automation push

Latest big Aussie org to join drive.

Automation

The issue is that digital needs to get into banks: DBS Bank’s Neal Cross

As managing director and chief innovation officer, Neal Cross spearheads the digital drive and innovation agenda of Singapore-headquartered DBS Bank …

Lloyds bank bailout repaid in full, says Philip Hammond

UK chancellor says taxpayer has now recovered every penny of the £20.3bn bailout of 2008 with its one-time stake of 43% very soon to fall to zero<p>The government has recouped the £20.3bn it ploughed into Lloyds Banking Group during the financial crisis, the chancellor has said.<p>Just days after …

Banking

Undoing bank regulation is risk to stability, U.S. stance key - Bank of France

PARIS (Reuters) - Any bid to undo regulation developed in recent years in the financial sector would increase the risk of another crisis, the Bank of France governor said on Thursday, adding that the U.S. government’s attitude on this would be key.<p>Governor of the Bank of France Francois Villeroy de …

Economy

FinTech Accelerator

Our FinTech Accelerator works in partnership with firms working with new technology to explore how FinTech innovations could be used in central …

Applications open for Bank of England’s FinTech Accelerator; focus on big data and blockchain

The Bank of England has announced that the online application process for its FinTech Accelerator programme is now open and is inviting fintech firms …

U.S. House banking chairman unveils Dodd-Frank replacement

WASHINGTON (Reuters) - The head of the U.S. House of Representatives' banking panel has unveiled the Republicans' most ambitious plan so far to loosen financial regulations, a 600-page bill to replace the Dodd-Frank financial reform law.<p>Representative Jeb Hensarling, who chairs the House Financial …

For Goldman, the Fintech Revolution Can’t Come Soon Enough

Goldman Sachs’s internal technology revolution cannot come soon enough.<p>The Wall Street firm’s young online retail-banking unit is growing and could, once big enough, crank out far higher returns than the investment bank. Goldman could do with some of that extra juice.<p>At 11.4 percent, Goldman’s …

Lloyd Blankfein