Innovation

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/Innovation

AMF/Finance Montreal donate $2 million to set up University fintech chair

The École des sciences de la gestion of Université du Québec à Montréal (ESG UQAM), the Autorité des marchés financiers (AMF) and Finance Montréal are announcing the creation of the AMF‐Finance Montréal Research Chair, an interuniversity research unit aimed at developing foundational and practical knowledge about the issues and impacts of financial technological innovation (fintech).

/Innovation

ClauseMatch and Aberdeen Standard Investments join Imas Singapore accelerator

ClauseMatch, the regulatory technology company that helps financial institutions automate governance, risk and compliance processes across jurisdictions, collaborated with Aberdeen Standard Investments (ASI) in Singapore for the Investment Management Association of Singapore’s (IMAS) Digital Acceleration Program (DAP) and have piloted a solution for the industry.

/Innovation

Mastercard joins Asean Financial Innovation Network

ASEAN Financial Innovation Network (AFIN) is delighted to welcome Mastercard as a corporate founding member to promote the broader adoption of financial technology innovations within Asia.

/startups

Ashurst opens Fintech Legal Labs for applications

International law firm Ashurst announces the launch of FinTech Legal Labs, an intense fintech accelerator programme aimed at enabling FinTech businesses to gain insight into legal issues affecting their business, as well as accessing the firm's network of corporate clients, leading financial institutions, investors and potential JV partners.

/Innovation

New Fintech envoy appointed for Northern Ireland

Andrew Jenkins, Director of mobility data and analytics company Arity, has today (Friday 4th October) been appointed as the Government’s new Fintech Envoy for Northern Ireland.

/startups

South African Reserve Bank to host 12 demo day startups

The top 12 innovative and sustainable fintech solutions have been shortlisted for the Global Fintech Hackcelerator @ Southern Africa. The South African Reserve Bank (SARB) will host a Fintech Demo Day on 29 October 2019 to select the two winning solutions.

/Innovation

Vontobel puts tracker certificate on a blockchain

Vontobel is the first issuer worldwide to offer a classic structured product for trading and custody using blockchain technology.

/regulation

Israel and Croatia sign fintech collaboration pact

The Capital Markets, Insurance and Savings Authority, and Israel Security Authority have jointly signed an MOU for collaboration on FinTech issues with the Croatian Financial Services Supervisory Agency (HANFA).

/Innovation

Bank of China deepens relationship with IBM

Bank of China (BOC) and IBM (NYSE:IBM) today announced that they will expand their existing relationship to co-create a new innovation model for the financial industry.

/Innovation

Mastercard's Tap on Phone tech makes debut in Latin America

Contactless payments have exploded in popularity worldwide over the past few years. With a fully developed contactless ecosystem, Costa Rica became the first country in Latin America & Caribbean (LAC) to announce the implementation of Tap on Phone, a payment acceptance solution that allows merchants to receive payments from any contactless-enabled card or mobile wallet right on their own NFC-enabled Android device.

/payments

Contis launches secondary authorisation product, Buffer

Contis, a leading provider of banking, payments and processing solutions, today launched its latest product - Buffer.

/Innovation

Agora and Onfido partner for blockchain e-voting service

Today, Onfido announced a strategic partnership with Agora, a leading blockchain-based e-voting provider, to make secure and robust online voting a reality.

/Innovation

Boerse Stuttgart Group and Bundesverband Deutsche Startups to map German startup ecosystem

Boerse Stuttgart Group and Bundesverband Deutsche Startups e.V., the German Startups Association, presented the online platform Startbase at the offices of Berlin-based FinTech N26 on 25 September 2019.

/regulation

National Bank of Romania launches Fintech Innovation Hub

The National Bank of Romania announces the launch of the FinTech Innovation Hub project, a platform for dialogue with companies developing innovative public interest solutions in the area of payment and financial services (FinTech).

/Innovation

UOB Malaysia and The FinLab drive digitisation with 'Jom Transfom Programme'

United Overseas Bank (Malaysia) Bhd (UOB Malaysia) today announced the 16 businesses selected to participate in The FinLab’s Jom[1] Transform Programme.

/ai

Microsoft releases report on FSI's readiness in AI across APAC

Today, Microsoft Asia and IDC Asia/Pacific released findings specific to the Financial Services Industry (FSI) from the study Future Ready Business: Assessing Asia-Pacific’s Growth with AI1, which found that organizations with AI expect to see 41% improvement in competitiveness in three years.

/Innovation

Oracle showcases 10 fintechs leveraging Cloud and API technology at Sibos

As the financial services landscape continues to evolve and consumer expectations rise, banks must collaborate with fintechs to deliver the best solutions for customers.

/Innovation

Fintech Abu Dhabi partners with UAE Banks Federation

FinTech Abu Dhabi (“FinTech AD”), MENA’s leading FinTech festival, is pleased to welcome the UAE Banks Federation (“UBF”) as the Strategic Industry Partner of the Festival.

/Innovation

BigPay rolls out international money transfers

BigPay, an ASEAN-focused fintech, has launched international remittance services enabling users to send money directly from Malaysia to bank accounts in Singapore, Thailand, Indonesia and the Philippines, with no hidden fees or extra charges.

/Innovation

Swiss fintech neon closes 5mn series A financing

Zurich-based fintech neon has successfully closed its next financing round of 5mn CHF for further product expansion.

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