Innovation

2095 articles tagged with this keyword

/wholesale

Dutch astronaut André Kuipers to open Swift Innotribe with keynote speech

The return of this year’s SWIFT Innotribe will begin with a keynote speech from Dutch astronaut André Kuipers.

/people

FinTech Australia names first policy lead

FinTech Australia has appointed former Federal Government adviser Nick Kavass as its first Policy Lead.

/payments

ING, NXP and Samsung join forces for new method of mobile payment

ING and NXP Semiconductors have developed a payment method that involves pointing your mobile phone in the direction of the person you’re paying. The method is called NEAR and was developed by ING Factory, ING’s workshop for technological customer and payment innovations. ING and NXP are collaborating with Samsung to ensure that the payment method is compatible with their devices. This first peer-to-peer payment application involves making a payment by holding a phone close to another phone. It means that users no longer need to search for each other’s username, email address or telephone number if, for example, they want to buy something at a jumble sale, put some money in a collection box or split a restaurant bill.

/startups

AtomicLab wins 'Coding Challenge for Ukraine' hackathon

On June 29, 2022, the European Commission in cooperation with the Ukrainian Association of Fintech for Innovation Companies (UAFIC) and the European Association of Digital Finance (EDFA) held a ceremony to award a project to develop technological solutions that will help Ukrainians — pan-European hackathon “Coding Challenge for Ukraine”. The event's partner was the international payment system LEO.

/retail

Pan-African FS firm Old Mutual uses Wazoku to increase ideas by 150%

Pan-African financial services (FS) firm Old Mutual is using innovation scale-up Wazoku’s Enterprise Innovation Platform to drive innovation and has seen the number of ideas submitted across the company increase by 150%.

/startups

Innovation platform Kickstart launches new application round for startups

Since 2016, Kickstart, one of Europe's leading platforms for open innovation, has supported over 400 later-stage startups from over 80 countries, facilitating over 200 deals in the form of collaborations and commercial partnerships. So far, Kickstart alumni have collectively raised investments of more than CHF 2 billion, for example Planted, Cord, Keyless and Huma. Now, international scaleups (startups in a more mature business phase) have the opportunity to apply for the 2022 program. Selected companies will benefit from tailored introductions and direct access to Kickstart’s vast Swiss and Austrian network, with the goal of landing commercial partnerships and deals with partner organizations, cities, universities and more. Scaleups offering original, disruptive solutions, looking to tap into new revenue streams, and committed to delivering meaningful impact are encouraged to apply. "The topic of sustainability has now become the core of all activities. Innovation without sustainability considerations has no chance in the future," explains Katka Letzing, Co-Founder and CEO of Kickstart Innovation.

/startups

Delta Partners reveals new venture capital fund

Dublin-based venture capital firm Delta Partners has announced the launch of its new venture capital fund which will invest into seed and early-stage technology businesses in Ireland. The fund has reached a first close with Bank of Ireland and Enterprise Ireland as cornerstone investors, supported by Fexco and several family offices. New investors will be added to the fund over the coming year, with a target close of €70m.

/startups

Emirates NBD joins Plug and Play startup ecosystem

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, has announced a partnership with Plug and Play Abu Dhabi, the world’s largest innovation enabler, to boost the bank’s open innovation ecosystem globally.

/startups

Lloyds Banking Group and Fintech Scotland opens applications for innovation programme

Lloyds Banking Group has announced 3 new strategic innovation challenges as it opens its cohort 2 of its Launch Innovation Programme.

/retail

Sandstone Technology launches Innovation Hub

Global fintech Sandstone Technology has launched an Innovation Hub to drive the development of new solutions for their customers.

/payments

Label Ventures and Hunch to launch Payments Innovation Accelerator

A new Payments Innovation Accelerator is being launched in the UK to help innovators around the world pioneer the future of payments and make good on their resolutions to bring innovation to market in 2022.

/startups

Financial Solutions Lab launches accelerator challenge to address racial wealth gap

The eighth Accelerator program is now accepting applications from financial technology companies and nonprofits creating innovative solutions to expand access to financial health benefits and tools.

/regulation

MAS offers financial inducements to first movers of tech innovations to join regulatory sandbox

The Monetary Authority of Singapore (MAS) today announced three enhancements to its FinTech Regulatory Sandbox framework to further catalyse financial innovation and FinTech adoption.

/sustainable

BIS and Bank of Italy announce winners of G20 green TechSprint

The Bank for International Settlements (BIS) and the Bank of Italy announced today the winners of the G20 TechSprint 2021 challenge during a live award ceremony in Milan.

/retail

Santander to offer 400 MIT scholarships for emerging technologies

Banco Santander (through Santander Universities) and MIT Professional Education are offering 400 “Santander Tech | Emerging Technologies Program by MIT Professional Education” scholarships geared at courses related to in-demand technologies such as blockchain, AI, and cybersecurity in a job market dominated by digitalization and upskilling.

/startups

FinTech Wales completes first foundry accelerator programme

The inaugural FinTech Wales Foundry accelerator, created in partnership with Admiral Pioneer, Principality Building Society and Cardiff Capital Region, has now completed its 2021 programme.

/crypto

Copper.co joins Imperial College Business School’s Institutional Digital Assets Project

Copper.co, leading provider of digital asset custody and trading solutions, today announced that it is partnering with Imperial College Business School on a new Institutional Digital Assets Project, within Imperial’s Centre for Digital Transformation.

/startups

Prospa raises $3.8m pre-seed to offer software to Nigerian micro-businesses

Prospa, a YC-backed Nigerian startup offering software and financial services to entrepreneurs and micro-businesses, today announced it closed a $3.8 million pre-seed investment, which was oversubscribed by 380%. The round was backed by venture funds Global Founders Capital and Liquid 2 Ventures. Leading entrepreneurs also participated in the round including Mercury’s Immad Akhund, Ramp’s Karim Atiyeh, Teachable’s Ankur Nagpal, Todd Goldberg and Rahul Vohra’s angel investment fund, and executives from Square, Facebook and Nubank. This investment is the largest pre-seed round for a Nigerian fintech.

/startups

Barclays Eagle Labs launches second dedicated startup accelerator for black founders

Barclays Eagle Labs is launching its second 12-week virtual accelerator programme, designed to help early-stage tech businesses founded by one or more black entrepreneurs, in order to continue to help boost diversity in entrepreneurship.

/sustainable

FCA opens applications for Digital Sandbox's sustainability cohort

Building on the success of the Sandbox's first pilot, the FCA and The City of London Corporation, supported by Innovate Finance, are running a second phase of the Digital Sandbox to support the testing and development of new products and services that will aid the transition to a net zero economy.