Innovation

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/Innovation

HSBC expands digital team with new hires

HSBC has made a series of new hires in its Retail Banking and Wealth Management (RBWM) Digital team as it continues to strengthen its digital capabilities to meet increasing demand for services from its customers.

/Innovation

Global Accelerated Ventures launches $100k fintech challenge

Global Accelerated Ventures (GAV), an innovation aggregator that identifies and fosters innovative talent for financial services partners, announced today it would offer upwards of $100,000 (USD) in cash prizes at its inaugural FinTech Challenge.

/startups

Westpac names finalists for RegTech chalenge

Westpac has today announced the five finalists for its 2018 Innovation Challenge, an initiative that gives start-ups and entrepreneurs the opportunity to pitch their business ideas for a chance to win $40K.

/startups

Flag Star Bank becomes founding member of Detroit Fintech Bay

Detroit FinTech Bay today announced its first founding partner for the North American FinTech hub: Flagstar Bank, a home-grown bank with 100 branches in Michigan and home loan locations across the country.

/startups

New competition launched to find ‘Danske Tech Stars’

Danske Bank and Women in Business have joined forces to launch a new competition that will see four local tech entrepreneurs win 12 months’ free desk space in the new Catalyst Belfast Fintech Hub co-working space.

/Innovation

DBS signs MOU to support growth and innovation of financial services in Suzhou, Jiangsu

In conjunction with the 12th Singapore-Jiangsu Cooperation Council, DBS today signed a Memorandum of Understanding (MOU) with Suzhou Industrial Park Administration Committee (SIPAC) to support the growth and innovation of financial services in the Suzhou Industrial Park (SIP).

/regulation

Speech: FCA's Christopher Woolard on the Cryptoassets Taskforce

Ten years on. Cast your minds back to 2008. For many of us, the defining event of that year was the collapse of Lehman Brothers, the moment when the enormity of the financial crisis was brought home.

/regulation

Japan and France sign fintech pact

Japan’s Financial Services Agency (FSA) has signed two cooperation frameworks, respectively with the Autorité des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR) of France to promote innovation in their respective markets.

/inclusion

Egypt boasts fast-growing fintech sector

Egypt boasts one of the fastest-growing business markets in Africa, as can be seen in the expansion of its financial technology (fintech) industry.

/startups

Visa Everywhere challenge opens in Singapore

Visa, the world’s leader in digital payments, announced the launch of Visa Everywhere Initiative (‘VEI’) in Singapore today.

/startups

INV Fintech welcomes new class of startups

INV Fintech has announced its sixth accelerator class, which begins this week with six unique startups that are seeking to revolutionize financial services, the accelerator announced today.

/startups

Innovate Finance and Singapore FinTech Association sign MoU

nnovate Finance, the UK FinTech membership association and Singapore FinTech Association, the cross-industry and non-profit organisation supporting the development of the FinTech industry in Singapore, today signed a Memorandum of Understanding (MoU) at the Singapore FinTech Festival to cement cooperation and greater collaboration between the UK and Singapore FinTech markets.

/ai

AI & Big Data put to the test at Allianz Global Investors London Hackathon

Allianz Global Investors, one of the world’s leading active investment managers has signalled its ongoing commitment to AI (‘Artificial Intelligence’) and the use of disruptive technology in its active investment portfolios, hosting its first Hackathon in London from 13th – 15th November.

/startups

Independent Community Bankers of America launch fintech accelerator

The Independent Community Bankers of America (ICBA) today announced that it is partnering with The Venture Center in Little Rock, Ark., to launch the ICBA ThinkTech Accelerator, a community bank-focused fintech accelerator program.

/Innovation

Synechron opens financial innovation lab in Singapore

Synechron, a leading Digital IT Consulting firm and technology services provider for financial services, has today announced that it has launched a new office and state-of-the-art Financial Innovation Lab (FinLab) in Singapore.

/regulation

Third of UK FS players think regulation is driving innovation

More than a third (34%) of IT decision-makers across the UK financial sector regard key financial services regulations such as PSD2 and FRTB as a driver of innovation within financial services organisations, while fewer than a quarter (24%) see them as a barrier to it.

/Innovation

Mizuho to support startups via MoU with Cyberport and HKSTP

Mizuho Financial Group, Inc. (President & CEO: Tatsufumi Sakai), Cyberport (Chief Executive Officer: Peter Yan), and Hong Kong Science & Technology Parks Corporation (HKSTP; Chief Executive Officer: Albert Wong) have concluded a memorandum of understanding (MOU) for business cooperation for the purpose of supporting the growth of startup businesses.

/Innovation

Paysafe Group announces global hackathon winners

Paysafe Group, a leading global payments provider, has awarded Kamil Dębowski, a Polish developer, a US $25,000 cash prize for being the ultimate winner in its recent global hackathon.

/Innovation

SPD Bank and Temenos to open Innovation Lab in Shanghai

Temenos (SIX: TEMN), the banking software company, announces its collaboration with Shanghai Pudong Development Bank (SPD Bank) to establish an Innovation Lab in Shanghai.

/Innovation

Mastercard Foundation reveals fund for young African changemakers

USD$2M fund to make giving back to community a cornerstone of the Mastercard Foundation Scholars Program

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