Innovation

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/Innovation

NSW Government backs Oz fintech awards

Australia’s 600+ fintech companies have been given the opportunity to get official recognition for their success, with entries opening for Australia’s only industry-backed awards.

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DIT to take 15 fintech firms on trade mission to New York

The Department for International Trade (DIT) today announced that after a most competitive recruitment process, fifteen UK delegates have been selected to join the second annual UK trade mission to Empire FinTech Week in New York City.

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Axoni unveils programming language for smart contracts

Axoni is pleased to announce AxLang, a new programming language that supports functional programming and enables formal verification of smart contracts for Ethereum-compatible networks.

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Switzerland's F10 accelerator welcomes new cohort

F10 FinTech Incubator and Accelerator today revealed that its Program Grand Opening had been a resounding success. Fifteen of the world’s most promising startups in the innovative FinTech, InsurTech, and RegTech space pitched their pioneering ideas in front of a prestigious audience in Zürich’s Limmat Hall.

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SenaHill hires Korhammer and Weil to lead cap markets and InsurTech advisory services

SenaHill Partners, LP ("SenaHill"), a FinTech specialist merchant bank, today announced a series of senior appointments to drive its next stage of growth. As the firm continues to invest in talent to support its global client base and meet the increasing demand for its FinTech advisory and portfolio investing services, the new team members will leverage their proven industry success to bolster the firm’s already deep roster.

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Manny Pacquiao joins cryptocurrency celebrity exchange Gcox

Global Crypto Offering Exchange (GCOX) has signed international boxing superstar, Manny Pacquiao, as its first celebrity.

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BBVA celebrates tenth anniversary of Open Talent competition

BBVA Open Talent, the world’s biggest fintech competition, will this year mark its tenth anniversary by working with more start-ups than ever before.

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BBVA doubles digital sales in one year

BBVA’s drive towards delivering a world class digital banking experience has taken another step forward. BBVA’s drive towards delivering a world class digital banking experience has taken another step forward.

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B-Hive and Fintech & Payments Association of Ireland sign MoU

B-Hive and the Fintech & Payments Association of Ireland (FPAI) have signed a Memorandum of Understanding that will allow them to collaborate and cooperate through areas of mutual interest.

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Sberbank launches AI Academy project for schoolchildren

Sberbank’s charity foundation Contribution to the Future has launched a series of events for schoolchildren titled AI Academy.

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WFE reports on the fintech landscape in the Capital Markets Infrastructure (CMI) industry

The World Federation of Exchanges (“The WFE”), the global industry group for exchanges and CCPs, today published a joint report with global management consultancy McKinsey & Company’s Banking & Securities Practice (“McKinsey”), .

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Visa expand global innovation programme

Visa (NYSE: V) today announced an expansion of Visa’s Everywhere Initiative (VEI) for 2018 with a more dynamic program, new participating countries, and an elevated level of support for participants.

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Reech Corporations Group to back German InsureTech start-up FinanzRitter

Reech Corporations Group has agreed a significant seed investment in German insureTech start-up FinanzRitter, in the latest addition to its growing pan-European portfolio of finTech businesses.

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Fintech funding sets new records in 2017

Global investment in financial technology (fintech) ventures reached another all-time high in 2017, buoyed by a surge in funding for startups in the United States, United Kingdom and India, according to Accenture (NYSE:ACN) analysis of data from CB Insights, a global venture-finance data and analytics firm.

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Singapore and Maharashtra sign fintech pact

The Monetary Authority of Singapore (MAS) and the Government of Maharashtra (GoM)1 signed a Memorandum of Understanding (MoU) on 18 February 2018 to strengthen cooperation in promoting FinTech innovation in the two markets.

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ADGM RegLab welcomes third cohort

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, is pleased to welcome applications for the third cohort of its Regulatory Laboratory (Reglab), with a theme focusing on enhancing access to financial services for the small-medium enterprise (“SME”) sector.

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Bahrain FinTech Bay opens for business

Bahrain FinTech Bay (“BFB”), the largest Fintech hub in the Middle East & Africa, is pleased to announce its Founding Partners, coinciding with its launch today in Bahrain. BFB is the region’s largest fintech hub and will work with established industry leaders and new entrants from Bahrain, the region and around the world to drive innovation and create opportunities for growth.

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NZ regulator opens up to robo-advisors

The FMA is now open for applications from providers seeking to offer personalised financial advice to consumers through digital tools and platforms (so-called robo-advice).

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BNI Europa and Code for All partner to train new generation of IT developers

BNI Europa, through Puzzle, its online credit brand, created a partnership with <Code for All_> to provide financial aid to anyone who wants to learn to become a IT developer.

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Benelux organisation sign blockchain collaboration MoU

Three organizations - B-Hive, the Luxembourg House of Financial Technology (LHoFT) and the Dutch Blockchain Coalition - today signed a Memorandum of Understanding (MoU) that will allow them to leverage their significant collaboration potential for mutual benefit around the topic of distributed ledger technology, otherwise known as blockchain, and allows them to recognize each other’s contribution towards this collaboration.