Innovation

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/Innovation

Crypto platform Eligma secures €4m funding

The Eligma company from Slovenia has received plenty of international attention on the blockchain scene.

/Innovation

RMI AlphaCode splashes cash on three fintechs

AlphaCode, Rand Merchant Investment Holdings (RMI)’s incubation, acceleration and investment vehicle has awarded R23 million supplier development loans to three fintech startups, Zande Africa, Bright On Capital and Livestock Wealth.

/Innovation

AlgoTrader and Avaloq team up for digital asset management push

Two leading Fintech companies join forces to solve complex problems encountered by the financial industry through a wide range of high-quality services in building a global digital asset management ecosystem.

/Innovation

UK insurtech partners with Manulife for travel insurance

Blink, part of Leeds headquartered CPP Group Plc, has partnered with Manulife, one of Canada’s largest travel insurers, to support the roll-out of tailor-made, real-time flight disruption insurance services to its customers.

/startups

FinTech Abu Dhabi plans worldwide tour

FinTech Abu Dhabi, MENA’s leading FinTech festival, hosted by Abu Dhabi Global Market (ADGM),the award-winning international financial centre, is pleased to announce that its global FinTech tour will be reaching even more cities ahead of the main event in Abu Dhabi in October 2019.

/startups

Emirates NBD certifies first five fintech sandbox graduates

Emirates NBD, a leading bank in the region, together with the DIFC FinTech Hive, the largest financial technology accelerator in the Middle East, Africa and South Asia (MEASA), are the first in the region to certify FinTech startups who have successfully used the Emirates NBD’s API (Application Programming Interface) Sandbox to create and demonstrate working innovative financial solutions.

/Innovation

Oracle taps into Open Banking for digital mortgage origination

Now available in the UK, Oracle Banking Enterprise Originations solution will help banks and building societies transform residential, buy-to-let and SME mortgage origination. Using design principles of open architecture, progressive data decisioning and complete process automation the solution will enable lenders to process mortgage applications far more efficiently by utilising best-in-class digital technologies.

/Innovation

11:FS welcomes ex BCG Ventures and Apple head of talent

11:FS​, the challenger firm defining and building digitally  native financial services through technology, product and design expertise, today  announced Michael Curds has joined the firm as Head of Talent.

/security

DSB reveals appetite for data and cybersecurity analysis

The Derivatives Service Bureau (DSB), founded by the Association of National Numbering Agencies (ANNA) to facilitate the allocation and maintenance of International Securities Identification Numbers (ISINs), Classification of Financial Instrument codes (CFIs) and Financial Instrument Short Names (FISNs), for OTC derivatives, has today announced the results of their second 2019 industry consultation, revealing a significant appetite for further analysis on functionality that may be helpful in delivering improved data quality, standardization and automation as well as further strengthening the DSB’s cybersecurity processes and governance.

/regulation

CIB Limited awarded banking licence

CIB Limited, part of the Capital International Group, an Isle of Man headquartered company has been awarded a provisional class 1(2) banking licence. The licence is the first class 1(2) to be issued on the Isle of Man under the Alternative Banking Regime.

/devops

Neueda and Levyx increase data processing capacity for Python users

Capital Markets technology specialist Neueda has partnered with Levyx Inc, a leading big data system software provider, to vastly increase data processing capacity for the Python community.

/Innovation

Wirecard showcases prototype 'Grab and Go' store

Wirecard, the global innovation leader for digital financial technology, continues to break new ground in the future of shopping with its prototype of an unmanned store.

/regulation

Reserve Bank of India publishes framework for regulatory sandbox

The Reserve Bank of India today placed on its website the final ‘Enabling Framework for Regulatory Sandbox’.

/retail

TransUnion appoints Sam Welch to its UK executive team

TransUnion has appointed Sam Welch to its UK executive team, as he joins the business as part of its global strategy and planning function.

/inclusion

Accenture encourages women to apply for 2020 Fintech Innovation Lab

Today Accenture opens up applications for its eighth Fintech Innovation Lab London. In addition to the Lab’s overall goal of helping fintechs from all areas and backgrounds to excel, this year Accenture is also aiming to improve the number of female founders taking part in an effort to narrow the gender gap in fintech.

/retail

Google exec joins N26 as chief banking officer

N26 today announced the appointment of Thomas Grosse as Chief Banking Officer. The newly introduced role is yet another step towards realizing N26’s ambition to become the first truly global and fully digital retail bank. As Chief Banking Officer, Thomas will oversee the set-up of regulated N26 banks and bank partnerships within the N26 Group, thus ensuring the highest standards in product, processes and customer experience across all markets.

/retail

Australian neobank appoints John Pountain as CTO

Xinja Bank, an independent Australian neobank built from the ground up  for mobile, has appointed John Pountain Chief Technology Officer.

/startups

BBVA unveils first 2019 Open Talent finalists

BBVA has today unveiled the first set of finalists in the eleventh edition of BBVA Open Talent – the world’s biggest fintech competition.

/startups

Definer.org wins Detroit fintech challenge

Less than two years after being conceptualized, Minneapolis-based digital lending & borrowing platform DeFiner.org has beat out 17 other Fintech startups to win one of the industry’s most coveted prizes.

/startups

Nyca Partners raises $210 million for third fintech fund

When we started Nyca in 2014, our goal was to create a unique venture capital firm, comprised of experienced financial services and technology professionals to help companies succeed in the rapidly evolving financial system.

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