Innovation

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/Innovation

Cass Business School teams up with universities for startup lessons

Cass Business School, in partnership with the University of Oxford and Bocconi University, have this week launched Strategy Insight Lab, a three-month business support programme for UK based microbusinesses and start-ups.

/payments

Ipagoo introduces Open Banking to the airline industry with IATA Pay

Orwell Group's ipagoo has partnered with The International Air Transport Association (IATA) to bring open banking to the airline industry and offer a new payment solution for airline customers called “IATA Pay”.

/Innovation

Cardlytics CEO Scott Grimes becomes FinTech Atlanta vice chair

FinTech Atlanta, a coalition of local companies, startups, universities and industry associations working to cement Atlanta as the global capital of financial technology (FinTech), today announced the appointments of Scott Meyerhoff to the role of board chair and Scott Grimes to the role of vice chair.

/Innovation

Fintech Circle and African Fintech Network introduce education courses

Fintech Circle, the leading global community of FinTech entrepreneurs, angel and VC investors, financial services professionals and FinTech thought-leaders and its Fintech Circle Institute, will launch its comprehensive range of Fintech Education Courses for African countries, in collaboration with the African Fintech Network, the newly inaugurated African Fintech Membership Association.

/regulation

European Supervisory Authorities publish report on sandboxes

The European Supervisory Authorities (ESAs) published today a joint report on innovation facilitators (regulatory sandboxes and innovation hubs).

/Innovation

Dubai International Financial Centre inks MoU with UK's Innovate Finance

Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, has signed a Memorandum of Understanding (MoU) with Innovate Finance, an independent membership association that is at the heart of the UK’s FinTech ecosystem.

/Innovation

Dubai Financial Services Authority welcomes new sandbox cohort

The Dubai Financial Services Authority ("DFSA") announced the acceptance of seven new firms into its cohort process, which permits companies to apply for an Innovation Testing Licence ("ITL").

/Innovation

Spar Nord connects to digital services with IFTTT

Spar Nord offers access to hundreds of digital services through collaboration with IFTTT, a Silicon Valley-based company.

/startups

DNB to invest in fintech startups via StartupLab

For the third time, DNB and StartupLab are inviting startups to the DNB NXT Accelerator.

/startups

Russia's fintech sector continues to grow

According to a new report from Deloitte and ID Finance, Russia’s private fintech sector continues to grow despite weaknesses in the economy and will be worth $810m by the end of 2018. This represents growth of 12% compared to 2017.

/startups

21 startups join MassChallenge inaugural fintech programme

MassChallenge, a global network of zero-equity startup accelerators, today announced the 21 startups that will join the 2019 MassChallenge FinTech inaugural program.

/ai

Artificial intelligence company Daisee wins Westpac Innovation Challenge

Westpac Group has announced Richard Kimber, CEO and Founder of artificial intelligence company Daisee, as the winner of the fifth annual Westpac Innovation Challenge.

/Innovation

CBA appoints technology futurist Genevieve Bell as non-executive director

The Chairman of Commonwealth Bank of Australia, Catherine Livingstone, today announced the appointment of Professor Genevieve Bell as an Independent Non-Executive Director to the Board with effect from 1 January 2019.

/startups

Contis builds fast-track for fintechs

Contis Group, the award-winning banking, payments and processing services provider, has launched a new fast-track programme in partnership with Visa, providing entrepreneurs and start-ups with access to payment cards and banking capabilities in as little as four weeks.

/Innovation

Elavon invests in Georgia Tech

Elavon, a global payments provider and subsidiary of U.S. Bancorp (NYSE: USB), announced a new and significant, three-year financial commitment at the Georgia Institute of Technology to further accelerate innovation across financial and payments technologies (FinTech).

/regulation

OSC seeks applications for Fintech Advisory Committee

The Ontario Securities Commission (OSC) is seeking applications for membership on its Fintech Advisory Committee (FAC).

/startups

Lloyd’s begins search for next wave of InsurTech innovators

Lloyd’s Lab, the innovator accelerator launched by the Lloyd’s market last September, is today launching a new global search for the next cohort of InsurTech innovators.

/Innovation

Certua launches enterprise insurance platform

The financial technology company Certua has today announced the launch of its Enterprise Insurance platform, allowing companies to access their full service platform, via API.

/Innovation

Beflius and Uitmuntend Limburg team up for local currency initiative

At the beginning of the year, Uitmuntend Limburg, a non-profit association founded by Limburg.net, the province of Limburg, RIMO, Het Belang van Limburg and Fairfin, launched the LimbU, a new “community” currency aimed at encouraging good habits in sustainability, community support, local products and short supply chains.

/Innovation

Ant Financial CEO joins UN task force on digital finance

On November 29, 2018, Eric Jing, Executive Chairman and CEO of Ant Financial, was appointed to the United Nations’ newly launched Task Force on Digital Financing of the Sustainable Development Goals (SDGs).

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