06 July 2015

All innovation news

A distributed blockchain system has the potential to completely upend post-trade infrastructure, leaving many current market players redundant, according to a BNP Paribas analyst.

Venture capital investment into Britain’s technology companies has hit a record high of nearly $1.5bn during the first six months of this year, with London-based fintech firms leading the charge.

Nordea sets up fintech accelerator

03 July 2015  | 0 comments | 15 tweets | 9 linkedin

With Sweden recently staking a claim as a fintech hotspot, Stockholm-headquartered Nordea has moved to grab a slice of the action by setting up an accelerator programme with Finnish innovation agency Nestholma to nurture small businesses developing digital banking services across the Nordics.

Indian IT services group Infosys is to set aside $10 million from its $500 million innovation fund to invest in Irish startups on the back of a new outsourcing deal with Allied Irish Bank.

ING names Benoit Legrand head of fintech

02 July 2015  | 0 comments | 11 tweets | 7 linkedin

ING has appointed Benoit Legrand to the newly-created role of head of fintech, charging him with developing a strategy for how the bank deals with financial technology firms.

Citi builds blockchains

02 July 2015  | 1 comments | 23 tweets | 9 linkedin

Citi has been exploring distributed ledger technology for years, building three blockchains and creating its own crypto-currency, dubbed Citicoin, the banking giant has told International Business Times.

Innovation announcements

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