News for: Financial Technology

30, 07, 2018

IBOS member Nordea mentioned in Bloomberg regarding cutting costs with its digital and automation strategy

In Q2 2018, IBOS member Nordea managed to cut costs in a strategy behind one of the industry’s boldest plans to replace humans with automation, reported in Bloomberg. Whilst many […]

23, 07, 2018

IBOS member Silicon Valley Bank announces Class 8 of Commerce.Innovated.

IBOS member Silicon Valley Bank (SVB) and First Data, a global leader in commerce-enabling technology, welcome Class 8 of Commerce.Innovated. and have selected five startups to participate in the accelerator. […]

09, 07, 2018

IBOS members KBC, Nordea, Santander and UniCredit launch the first real-time blockchain platform we.trade

In July, 2018, IBOS members KBC, Nordea, Santander and UniCredit launch the first real-time blockchain platform we.trade, with pilot customers making live trades. All members are key players in the design and […]

26, 06, 2018

IBOS member Banco Santander and financial institutions join forces to innovate with blockchain technology.

IBOS member Banco Santander, along with BBVA, BNP Paribas, CaixaBank, Commerzbank and Société Générale have collaborated with the Spanish National Securities Market Commission (CNMV) and BME on an initiative called […]

21, 05, 2018

IBOS member Banco Santander uses blockchain to produce a digital register for investor voting

IBOS member Banco Santander, along with Broadridge Financial Solutions, Inc., have completed a first practical use of blockchain for investor voting at an annual general meeting (AGM). Santander and Broadridge […]

20, 04, 2018

FinTech venture capital fund of IBOS member Santander Group makes its first investment in Brazil

On 17 April 2018, Santander InnoVentures, the FinTech venture capital fund of IBOS member Santander Group, announced an investment in the startup Creditas, the leading Brazilian secured lending platform. This […]

17, 04, 2018

IBOS member Silicon Valley Bank invests £1.1bn in British tech

Silicon Valley funding for UK tech start-ups hits record IBOS member Silicon Valley Bank investors put a record £1.1bn into British technology start-ups last year, boosting claims that the UK […]

12, 04, 2018

IBOS member Santander launches the first blockchain-based international money transfer service

IBOS Banco Santander today announced the launch of a new international payments service, ‘Santander One Pay FX’, using blockchain-based technology across four countries. The new service makes it possible for […]

10, 04, 2018

UK unveils ‘crypto-assets task force’ to boost the fintech sector

This year, the UK government announced the ‘crypto-assets task force’ as part of a strategy to boost the nation’s growing FinTech sector. Philip Hammond, Chancellor of the Exchequer, also announced at The […]

10, 04, 2018

IBOS member RBC is the first Canadian bank to open an API developer portal

IBOS member Royal Bank of Canada (RBC) is the first Canadian bank to open an Application Programming Interface (API) developer portal, as its focus on driving innovation to deliver leading-edge […]