Innovation

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/Innovation

MetLife selects eight finalists for open innovation programme

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

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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.

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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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Wells Fargo welcomes latest accelerator startups

Wells Fargo & Company (NYSE:WFC) announced today two early stage companies – Alpharank and Amicus.io – as the latest startups to join the Wells Fargo Startup Accelerator.

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2018-19 Budget steady for Australian fintech – but the big news is yet to come

Australia’s fintech industry will benefit from a number of important support measures in tonight’s 2018-19 Australian Budget but will be forced to wait for the big news about the details of Australia’s open banking framework.

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Gartner survey reveals scarcity of blockchain deployments

Only 1 percent of CIOs indicated any kind of blockchain adoption within their organizations, and only 8 percent of CIOs were in short-term planning or active experimentation with blockchain, according to Gartner's 2018 CIO Survey.

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Central Bank of Sri Lanka preps fintech sandbox

With the rapid growth in Financial Technology (FinTech) innovations in the country, the Payments and Settlements Department of the Central Bank of Sri Lanka has identified the need to provide an environment that nurtures and promotes their advancement whilst maintaining appropriate regulatory standards.

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Oz startup Trade Ledger wins Barclays Open Innovation challenge

Aussie trade financing deep technology startup, Trade Ledger, has finished ahead of nine other VC-backed companies from across the world to be named the winner of the Barclays UK Ventures “Open Innovation Challenge 2018” in London this week.

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Finastra joins France's Finance Innovation hub

Finastra today announced that it has joined Finance Innovation – a community focused on supporting innovation across all areas of financial services in France.

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Banks tune in to benefits of Open Banking and real-time payments

As open banking continues its rapid ascent, nearly 90 percent (87) of banks globally plan to move forward with open APIs, according to new benchmark data, “2018 Global Payments Insight Survey: Retail Banking,” from ACI Worldwide (NASDAQ: ACIW) and Ovum.

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BNP Paribas welcomes 11 startups to third phase of Plug and Play accelerator programme

In 2016, the BNP Paribas Group began to partner with Plug and Play – the Silicon Valley-based international innovation platform linking startups with larger corporations and investors – through Bank of the West, the Group’s subsidiary in California.

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New Zurich blockchain hub 'Trust Square' opens in the heart of Switzerland’s commercial centre

New Zurich blockchain hub “Trust Square” officially launches today with an opening ceremony chaired by the Head of the Department for Economic Affairs of the Canton of Zurich, Carmen Walker Späh.

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F10 FinTech Incubator & Accelerator partners Crypto Valley Labs

F10 FinTech Incubator & Accelerator and Crypto Valley Labs have announced a partnership around bringing more crypto and blockchain knowledge to Zurich and supporting fintech startups working with crypto currencies or blockchain technology.

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Sberbank presents survey on world robot technology market

Sberbank has presented an analytic survey on the world robot technology market. The presentation was held at the Skolkovo Robotics Forum in Skolkovo’s large technopark.

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European Commission lays down plans for AI

Today the European Commission is presenting a series of measures to put artificial intelligence (AI) at the service of Europeans and boost Europe's competitiveness in this field.

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UK Government goes all in on AI

More than 50 leading businesses and organisations have contributed to the development of a £1 billion deal to put the nation at the forefront of the artificial intelligence industry, featuring almost £300 million of new private sector investment.

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BNP Paribas adapts Finlabs concept for Bank of the West

Finlabs is a joint programme by Bank of the West and L’Atelier BNP Paribas. It combines L’Atelier’s unique experience in creating partnerships with start-up companies that develop innovative financial technologies, and the BNP Paribas Group.

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Singapore and Vietnam sign fintech innovation pact

The Monetary Authority of Singapore (MAS) and the State Bank of Viet Nam (SBV) have agreed today to establish a new partnership to encourage FinTech innovation and to strengthen cooperation in banking supervision.

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Barclays and the Law Society launch 'law-tech' incubator

Barclays today launched a new law-tech incubator in partnership with the Law Society.

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Gartner bills AI as most disruptive technology to emerge over the next ten years

Global business value derived from artificial intelligence (AI) is projected to total $1.2 trillion in 2018, an increase of 70 percent from 2017, according to Gartner, Inc. AI-derived business value is forecast to reach $3.9 trillion in 2022.