Innovation

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DBS to roll out 'Live more, bank less' rebrand as digital transformation takes hold

DBS Bank, a leader in digital transformation, today signalled that the time has come for a new kind of banking.

/Innovation

Nuggets payments and ID privacy platform moves into alpha

Nuggets, the award-winning e-commerce payments and ID platform, has opened up its mobile app Alpha to iOS users.

/Innovation

AI-enhanced personal asistant Keya makes debut at Kotak Mahindra

Nuance Communications, Inc. today announced Kotak Mahindra Bank has launched Keya, the first AI-powered virtual assistant in Indian banking. Leveraging Nuance’s Natural Language Understanding and Call Steering technologies, Keya is able to understand customers’ requests without needing legacy touchtone or menu options.

/Innovation

FinTech Australia appoints Uber policy chief as CEO

Brad Kitschke has been appointed as CEO of FinTech Australia.

/Innovation

DFSA expands fintech innovation testing programme

The Dubai Financial Services Authority (DFSA) today announced the expansion of its Innovation Testing Licence (ITL) programme in response to continued interest in FinTech and the digital economy.

/Innovation

NSW fintech/cyber startups set sights on London

Minister for Trade and Industry Niall Blair today announced $15,000 in sponsorship to help five NSW fintech and cybersecurity businesses join a business mission to London from 2 to 5 July 2018.

/Innovation

New York positions as blockchain innovation centre

Kicking off CoinDesk’s annual flagship Consensus conference as the opening keynote, NYCEDC President and CEO James Patchett today announced plans to plant a flag in New York City’s growing blockchain industry.

/Innovation

Deutsche Bourse to build 'Fintech Acceleration' platform

Deutsche Börse Group and its post-trade services provider Clearstream will partner with Germany-based FinTech figo and Luxembourg-based RegTech start-up Finologee to create a common FinTech Acceleration Platform.

/Innovation

Mitsubishi to pilot real funds, cross-border payment over RippleNet

Mitsubishi Corporation (MC), MUFG Bank, Ltd. (MUFG Bank), Bank of Ayudhya PCL (Krungsri), a Thailand-based subsidiary of MUFG Bank, and Standard Chartered Bank (Standard Chartered), today jointly announced the commencement of a pilot test for moving real funds over RippleNet, with the objective of making cross-border payments more convenient and further improving the capital efficiency of corporate groups.

/Innovation

Cryptonomics picks AlgoTrader for quant modelling

AlgoTrader Inc today announced that Cryptonomics Capital Ltd., a crypto-valley based AI crypto quant fund and blockchain boutique, has selected AlgoTrader, a single end-to-end solution for the design of its automated trading strategy, testing and deployment for all its quant modeling requirements.

/Innovation

PumaPay raises $117m in private token sale

Decentralized Vision, Cyprus-based blockchain company, has ended the Private Sale for its PumaPay project by raising $117 million on May 7, 2018.

/Innovation

Finastra appoints new CRO

Finastra today announced the appointment of Elona Ruka-Wright as its new Chief Risk Officer.

/Innovation

London Block Exchange issues new crypto coins

London Block Exchange (LBX) – the UK’s only dedicated cryptocurrency exchange – has today announced it will add a slew of new coins – a coin a day in fact - to its exchange this week - Basic Attention Token (BAT), STATUS (SNT), Golem (GNT), OmiseGo (OMG) and 0x (ZRX).

/Innovation

Pimco takes minority stake in fintech firm Beacon

Pimco, a leading global investment management firm, has entered into a strategic partnership with Beacon Platform Incorporated, a financial technology company specialising in the development of cloud-based, end-to-end development and production platforms.

/Innovation

SparkLabs and Argon launch startup accelerator security token

SparkLabs Group, which has the largest accelerator network in Asia and operates global venture capital funds, has engaged with Argon Group, a leading digital finance advisory firm, to launch the first startup accelerator security token offering through their Smart City & Smart Planet Fund (sparklabs.tokenhub.com).

/Innovation

FinTech Scotland recruits Deloitte for expansion plan

The body representing Scotland’s thriving financial technology community, Fintech Scotland, has today announced it has entered a key strategic partnership with business advisory firm Deloitte.

/Innovation

NSW Australia opens applications for fintech trade mission to India

The NSW Government is offering 10 NSW financial technology (fintech) startups the chance to go on an intensive one week business development program in India from 24–29 June 2018.

/Innovation

MetLife selects eight finalists for open innovation programme

MetLife today announced eight finalists for its open innovation programme, collab 3.0 EMEA.

/Innovation

Liechtenstein gets House of Blockchain

æternity, the blockchain 3.0 platform designed to deliver unmatched efficiency, transparent governance, and global scalability and legal firm NÄGELE Attorneys at Law proudly launched the House of Blockchain in Vaduz, Liechtenstein at an opening ceremony on Monday that featured a speech from Prime Minister of Liechtenstein, Adrian Hasler.

/Innovation

BMO Harris opens applications for fintech innovation programme

BMO Harris Bank today announced its second annual BMO Harris / 1871 Innovation Program, which is focused on engaging and mentoring early-stage technology startups that have innovative solutions in lending, financial planning, digital tools and data analytics.

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