Innovation

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/Innovation

NIFT and TPS to build digital banking platform in Pakistan

National Institutional Facilitation Technologies (NIFT) and TPS have entered into a strategic partnership to build a Digital Financial Services Platform in Pakistan.

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NAB launches online app store for merchants

NAB has today announced it has launched NAB Marketplace, where businesses can download apps to their merchant terminals to develop their business and bring an innovative value-added experience to their customers.

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ICICI Bank launches social media-based cross-border remittance service

ICICI Bank, India’s largest private sector bank by consolidated assets, announced the launch of a service that enables Non Resident Indians (NRIs) to send money to a beneficiary in India using social media like WhatsApp and e-mail.

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Citi hosts Open API day in Hong Kong

Citi Hong Kong ("Citi") hosted an Open API Information Day ("Info Day") on March 28, 2018 to enthusiastic response from over 140 participants from 20 business partners.

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AI startup vPhrase wins Temenos Innovation Jam Hong Kong

Temenos (SIX: TEMN), the banking software company, announces that the audience of the Innovation Jam in Hong Kong has voted vPhrase the winner of the fintech competition.

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Lattice80 creates fintech database

With explosive growth in the fintech ecosystem, startups in several sub-categories, investors, regulatory bodies and various other stakeholders have developed along globally.

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Avaloq becomes founding partner of FinTech Scotland

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, has become a founding partner of FinTech Scotland, a newly-established company tasked with promoting Scotland as a global fintech hub.

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Mobey Forum launches Internet of Things expert group

Mobey Forum, the global industry association empowering banks and other financial institutions to lead in the future of digital financial services, today announces the formation of its latest expert group, exploring the evolution of the Internet of Things (IoT) and the opportunities it creates to enhance the delivery of financial services.

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DBS looks for new tech talent through Hack2Hire programme

In an all-out effort to identify and hire the best emerging technology talent in Singapore, DBS announced today that it plans to hire up to 100 of the brightest tech sparks through its Hack2Hire programme.

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B-Hive to operate Belgium fintech innovation dashboard

B-Hive, the collaborative innovation fintech platform that brings together banks, insurers and market infrastructure players to work on common innovation challenges and build bridges to the start-up and scale-up community, today announces the launch of B-Lens 2018, in cooperation with Roland Berger, a global strategy consulting firm and associate partner of the B-Hive community.

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Fintech Circle and ADGM introduce fintech education course for UAE

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi and 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, are collaborating to launch a new and comprehensive range of FinTech Education Courses for the United Arab Emirates (UAE).

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Singapore and Japan fintech groups sign MoU

The Singapore FinTech Association (SFA) and the Fintech Association of Japan (FAJ) signed a Memorandum of Understanding (MOU) to foster stronger relationships and greater fintech cooperation between the two countries.

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ECB publishes guides to assessments of licence applications for banks and fintech credit institution

The European Central Bank (ECB) has today published its guide to assessments of licence applications and its guide to assessments of fintech credit institution licence applications.

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Italy gets fintech trade group

In the latest sign of growth in Italy’s Fintech market, the country’s largest domestic and foreign players have set up the sector’s first trade association, ItaliaFintech

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Naspers to draw down portion of TenCent shares to invest in fintech

Naspers announces its intention to sell up to 190 million Tencent Holdings Limited (Tencent) shares, equal to approximately 2% of Tencent’s total issued share capital, which would reduce its stake in Tencent from 33,2% to 31,2 (the Transaction).

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Europe emerging as global InsurTech hub - Accenture

Global investment in the insurance technology (insurtech) industry surged in 2017, with Europe emerging as a new insurtech hub outside the U.S., according to new research from Accenture (NYSE: ACN).

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Motive Partners opens innovation and investment centre at Canary Wharf

Motive Partners, an investment firm focused on technology enabled companies that power the financial services industry, today announced the opening of its new “European Innovation and Investment Centre” in London, a 14,000 sq. ft. space that will facilitate and drive collaborative projects between financial institutions and emerging financial technology players to create new forms of enterprise-ready technology solutions for the financial services industry.

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London Stock Exchange and City UK report on fintech financing ambitions

London Stock Exchange Group and TheCityUK publish today their first Finance for Fintech report, revealing insights into the scale, ambitions and barriers to international growth facing global fintech companies.

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UK-China fintech alliance launched

The UK-China FinTech Alliance was launched today by BGTA, following its Next Step China event held during the Innovate Finance Global Summit, which saw founding members take part in an official ceremony to mark the occasion.

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F10 scouting for startups to join fresh accelerator programme

Switzerland’s leading FinTech, RegTech, and InsurTech incubator and accelerator, F10, today revealed that it was now accepting applications for Batch IV of its pioneering P2 (Prototype to Product) Program.