Finextra and Level39 and Innotribe, to host a two-day FinTech conference
Finextra Future Money will be held at Level39 in Canary Wharf, Europe’s largest accelerator space for finance, retail and future cities technology companies, occupying the entire 39th floor of the iconic One Canada Square building. SWIFT’s Innotribe EMEA Start-up Challenge will follow on immediately from Future Money in the afternoon of 1 May. From the organizers:
“From digital currencies to start-ups, to the race for VC funding, the digitation of commerce, partnerships and the rise of the innovation labs in traditional firms – this is your chance to join with more than 250 senior business, IT and innovation participants at banks, VCs, start-ups and industry influencers to network and learn more about the competitive threats and collaborative opportunities for banks in the digital era”.
They developed Algebra first too: Banking Innovations in Dubai
We all know mobile disruption is changing the nature and ideas behind retail banking, often not as fast as consumers would like and faster than banks or regulators can keep up. Brett King hosts David Horton, Chief Transformation Officer, Mashreq Bank and Suvo Sarkar, General Manager of Retail Banking & Wealth Management for Emirate NBD. They discuss the innovations that banks in the Gulf region are making in mobile accessibility, social media outreach, and exciting ways of dealing with and encouraging digital disruption.
AmEx uses Tech to bank the Unbanked
AmEx is promising to use technology to help tackle the plight of America’s 70 million underbanked citizens; establishing an innovation lab, setting up a fund for startups working on financial inclusion, and sponsoring a documentary. The card giant’s financial innovation lab will open in June, promising to give researchers focused on financial inclusion, counsellors who work with the underserved, and technologists, an opportunity to work together on sponsored research.
Tweet of the Week
RT “@StanleyEpstein: How wearable tech could change finance http://t.co/wUbAvD61fS #mobile #risk #bank #citadv”
— The CEO Agenda (@TheCEOAgenda) March 14, 2014
Serisys launches ADYPT to transform securities and derivatives operations
Financial markets and technology solutions provider Serisys Solutions, launched ADYPT, a radically innovative trade processing solution that addresses the top concerns of middle and back office professionals. “In their fast changing environment, banks and brokers need technology platforms to handle new business opportunities quickly, to adapt easily to financial markets and regulatory changes and to be straightforward to implement“ said Tim Marsh, Executive Chairman of Serisys at the 8th Clearing, Settlement & Custody Asia Forum in Singapore. 
“We believe a new generation of solutions, built specifically for both Cloud / SaaS / ASP delivery and enterprise implementation, is needed to address these opportunities and challenges.”
According to the designer Tim Rhodes, ADYPT is more than a decade ahead of its nearest competitor in terms of business capability and agility. ADYPT will disrupt the middle and back office systems market by allowing banks and brokers to clear, settle and process trades much more flexibly, with a lower unit cost per trade, reduced time to market, and with greater capacity and security.
Bank of Ireland and State Street establish Irish FinTech pre-accelerator
Irish innovation outfit NDRC has partnered with Bank of Ireland, Enterprise Ireland, Mediolanum and State Street to establish a ‘pre-accelerator’ programme for financial services startups at the earliest stages of their development. The group is hosting a drop-in session for interested participants at Bank of Ireland Enterprise Lounge on 17 March.
Hackers are increasingly targeting bank accounts
Researchers from security firm Kaspersky Lab have indicated that the number of malicious programs used by hackers to target tablets and smartphones increased in 2013. The company also indicated that hackers are increasingly using these programs to target the bank accounts of members of the public. Kaspersky Lab said around 100,000 pieces of malicious code attempting to steal data from mobile phones and tablets were discovered in 2013, up from just over 40,000 is 2012.
According to data from the security firm, 98 per cent of malicious attacks were targeted at Android devices. Victor Chebyshev, virus analyst at Kaspersky Lab, said: “Today, the majority of banking Trojan attacks target users in Russia and the CIS. However, that is unlikely to last for long: given the cybercriminals’ keen interest in user bank accounts, the activity of mobile banking Trojans is expected to grow in other countries in 2014.”
Ingenico and PayEx partner on Nordic mPOS payments
Ingenico, recently completed a deal with PayEx to deliver a fully integrated mobile payment solution in the Nordics. In partnership with PayEx’s POS supplier, OpenSolution Nordic AB, Ingenico’s solution will make mobile, on-the-go payments possible.
Lisa Forsström, Sales Manager for PayEx payment terminals in Sweden, said: “We’re pleased with the cooperation we have with Ingenico in conjunction with our POS partner OpenSolution. The business shows that PayEx delivers innovative solutions with high quality and security. PayEx is the first and, so far, the only supplier of this kind of up-to-date payment solution in the Nordic market. We help our customers to deliver new and higher service levels to their customers.”
The post FinTech News: Finextra Future Money, AmEx, Serisys, Ingenico appeared first on Intelligent Head Quarters.