Innovation

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Metro Bank funds MSc in retail and digital banking

Metro Bank, the revolution in British banking, has partnered with leading business school, Cranfield School of Management, to launch an MSc in Retail and Digital Banking, which also provides the Chartered Banker Diploma on completion.

/Innovation

Paysafe to run global hackathon

Paysafe Group, a leading global payments provider, will host its first global hackathon across five of its key developer locations: Sofia (Bulgaria), Vienna (Austria), Hyderabad (India), Montreal and Calgary (Canada); to identify new ideas, talent and innovation that align to its bold technology ambitions.

/Innovation

Oz fintech hub Stone & Chalk appoints new chairman and board members

Asia’s largest fintech innovation hub, Stone & Chalk, is today announcing the appointment of a new chairman and suite of new board members, as it prepares for its next phase of growth, transitioning out of “start-up” mode to “scale-up” mode itself.

/Innovation

Digital remittance helps Kerala flood victims

Southeast Asia’s leading digital money transfer company, InstaReM, said that it has facilitated zero-fees international money transfers of nearly US$ 2,000,000 to the southern Indian state of Kerala, which experienced devastating floods last month.

/Innovation

B-Hive unveils cyber security program

A collaborative fintech platform, B-Hive, is launching a cyber security program, Trusted Fintech, to help startups and scale-ups embed cyber awareness into their core values.

/Innovation

Big tech to take slice of banks' retail market: Moody's

Global technology firms' innovations and expansion into retail financial services will slice a portion of financial firms' control of their user base, Moody's Investors Service says in a new report.

/Innovation

Prodigy Finance raises $1bn in debt financing

Prodigy Finance, the pioneer in cross-border finance, announces that it has raised US$1 billion in the last twelve months in available debt financing (“financing”).

/Innovation

Commercial Bank of Dubai recruits PwC for digitisation

Commercial Bank of Dubai (CBD) and PwC Middle East, recently signed an agreement on an innovation programme that will help the bank in its objective to become default digital and in providing an exceptional customer experience by collaborating with FinTech startups, and effectively leveraging emerging technology as a tool.

/Innovation

Fintech lobby group opens North American division

The Financial Data and Technology Association (FDATA), which played a pivotal role over the last five years in crafting the design and implementation of open banking standards in the United Kingdom and in Europe, announced today the launch of a North American arm, FDATA North America.

/Innovation

Switzerland's Crypto Valley gets blockchain incubator

In only a few years, the area between the Swiss cities of Zug and Zurich has established itself as the epicenter of the blockchain revolution, becoming home to over 600 companies associated with the new technology.

/Innovation

Insurtech funding reaches new high, says WTW report

A total of 71 InsurTech funding transactions during the second quarter of 2018 marks a record high; however, the total of $579 million invested is down 20% against the prior quarter, according to the new Quarterly InsurTech Briefing from Willis Towers Watson, the leading global advisory, broking and solutions company, (NASDAQ:WLTW).

/Innovation

XTrend launches new 'copy trading' feature

Since its launch in March 2018, XTrend has become a popular trading platform in Europe, where with its Nano trading capabilities, traders can learn and enjoy trading with just a $5 investment.

/Innovation

VTFinTech joins OpenFin platform

VTFinTech, the technology provider of portfolio management and research evaluation services, today announced that it has joined the OpenFin platform to quickly and seamlessly onboard, deploy and deliver its Parity One software at scale to financial institutions.

/Innovation

Ant Financial launches new fintech brand

Ant Financial Services Group (“Ant Financial” or “the Company”) today announced that the Company would open up a full suite of technology products and services under a new brand, Ant Financial Technology, to support the growth of financial institutions by improving user experience and lowering costs.

/Innovation

Tieto and Citrix team up for hybrid cloud service

The Nordic IT services and software company Tieto has entered into a strategic partnership with unified workspace, networking and analytics provider Citrix to provide a new generation of hybrid cloud services.

/Innovation

Here come the Belgians

The official collaboration between Projective and B-Hive has been launched at the festive opening of banking services provider Projective’s new offices.

/Innovation

UnderwriteMe selects Yellowfin for analytics service

Yellowfin BI, the analytics company that provides better answers faster, today announced that UnderwriteMe, the largest supplier of automated underwriting systems in the UK and Ireland, has deployed Yellowfin technology to give insurers a new way to consume and serve up rich data services.

/Innovation

Raiz Invest launches facebook chatbot

Raiz Invest Limited, the mobile-first micro-investing platform, has today launched a chatbot to improve the user experience.

/Innovation

CompoSecure surpasses one million mark in dual interface metal cards manufacturing

CompoSecure, L.L.C., a pioneer and global leader in the design and manufacturing of premium financial cards, today announced that it has produced more than one million dual interface (EMV chip & contactless) metal cards.

/Innovation

CFTC and Singapore central bank sign fintech pact

The US Commodity Futures Trading Commission (CFTC) and the Monetary Authority of Singapore (MAS) today signed an arrangement to foster greater cooperation in FinTech.

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