Innovation

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Fintech ecosystem builder Cyberport ties up with Hong Kong University

A Memorandum of Understanding (MoU) signing ceremony between the University of Hong Kong (HKU) and Hong Kong Cyberport (Cyberport) was held today to set up the HKU x Cyberport Digital Tech Entrepreneurship Platform (Platform). The Platform is the first-of-its-kind collaboration between HKU and Cyberport aiming to form a closer partnership to build a unique digital tech ecosystem for Hong Kong spanning the aspects of human capital, innovation and technologies, entrepreneurship, and legal and business expertise.

/Innovation

NCR commences deployment of Window 10 IoT at the ATM

NCR Corporation, (NYSE: NCR) a global leader in omni-channel solutions, today announced the deployment of Microsoft’s Windows 10 Internet of Things (IoT) Enterprise software with a leading European financial institution.

/Innovation

Nordnet to speed customer onboarding with digital employee Amelia

Nordnet has signed an agreement with IPsoft, the leading digital labor company, to enhance Nordnet’s customer relations using its proprietary artificial intelligence technology.

/Innovation

RBS establishes technology and innovation committee

The Royal Bank of Scotland Group plc announces today that the Board has established a Technology and Innovation Committee with effect from 1 September 2017.

/Innovation

Tantalum drives connected car agreement with SAP

Tantalum Corporation (Tantalum) today announced an agreement with SAP to integrate SAP Vehicles Network into Tantalum’s Pay.Car end-to-end payment platform for connected cars, making it easier for motorists to find and pay for services with just one click.

/Innovation

Eleven banks develop trade finance app on R3’s Corda DLT platform

Eleven banks have passed a major milestone in the digitisation of documentary trade finance.

/Innovation

Indian securities regulator forms fintech panel

Application of technology in financial markets is changing the way financial markets traditionally have functioned.

/Innovation

Global fintech investment rebounds in Q2 2017

Total global fintech investment more than doubled quarter over quarter in Q2’17 to US $8.4 billion, up from US$3.6 billion in Q1’17, according to the KPMG Pulse of Fintech report.

/Innovation

Morgan Stanley launches multicultural innovation lab

Morgan Stanley today announced the launch of the Multicultural Innovation Lab, an accelerator program for technology and technology-enabled start-ups in the post‐seed to Series A funding rounds.

/Innovation

Abu Dhabi and Kenya forge fintech links

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and the Capital Markets Authority (CMA) Kenya signed a Cooperation Agreement which provides a framework for cooperation to support financial innovation in each jurisdiction.

/Innovation

InvestCloud welcomes first startup to LA accelerator

InvestCloud Inc., a global FinTech firm, has announced Efficient Tax as the first FinTech startup to take residence at its Los Angeles Innovation Center.

/Innovation

Dubai's DFSA launches crowdfunding framework

The Dubai Financial Services Authority (DFSA) has today launched its regulatory framework for loan and investment-based crowdfunding platforms, the first such framework in the GCC countries.

/Innovation

Raiffeisenbank Straubing opens digtial experience centre

With the grand opening of its new “Digital Experience Center”, Raiffeisenbank Straubing eG takes an active step toward shaping the digital future in banking with NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions.

/Innovation

Zeta transforms company ID card into payment tag

Zeta, India’s most revolutionary digital employee benefit solutions provider, has launched Zeta Super ID - a unique payment solution that uses an employee’s existing company ID card to make payments.

/Innovation

Global VC fintech investment attracts $6.5 Billion in H1 2017

Global VC investment for FinTech in H1 2017 attracted $6.5 billion of VC investment with 787 deals, a 45% decrease year on year, according to statistics compiled through Pitchbook by Innovate Finance, the not-for-profit membership association for global FinTech.

/Innovation

ADGM and Asic form fintech bridge

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and the Australian Securities and Investments Commission (ASIC) have strengthened their FinTech collaboration with an official strategic partnership to further advance developments and initiatives that nurture Fintech entrepreneurship and support innovation in financial services in Abu Dhabi and Australia.

/Innovation

American Express integrates with bitcoin wallet Abra

Today, we are excited to let you know that we are releasing a new feature that will let Abra customers fund their Abra wallet using an eligible American Express Card. (Eligible Cards are American Express U.S. Consumer Cards, American Express-branded Cards issued by third parties and American Express reloadable prepaid Cards.)

/Innovation

Aviva and Founders Factory to support five fintech startups

Aviva and Founders Factory are today announcing the first five startups selected for its fintech programme and the launch of a brand new startup to make social care easier.

/Innovation

Belarus National Bank establishes blockchain network

The information network based on the blockchain technology was built up in the Republic of Belarus

/Innovation

Austrade and Commbank co-operate to envourage innovation exchange between Hong Kong and Australia

Australian Trade and Investment Commission (Austrade) and Commonwealth Bank of Australia (CBA) to cooperate in supporting the flow of innovation between Australia and Hong Kong/Greater China.

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