Innovation

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/Innovation

Australia and Malaysia build fintech bridge

Securities Commission Malaysia (SC) yesterday entered into an Innovation Cooperation Agreement with the Australian Securities and Investments Commission (ASIC) to further promote innovation in financial services in their respective markets.

/Innovation

Luxembourg and Singapore fintech hubs connect

The LHoFT, Luxembourg House of Financial Technology, and LATTICE80, the world’s largest Fintech Hub located in Singapore, are excited to have signed a Memorandum of Understanding (“MOU”) at Money 2020 Europe, setting a foundation for collaboration between the two centres.

/Innovation

Hong Kong gets its own Fintech Association

The FinTech Association of Hong Kong was officially launched last night to champion an open, inclusive and diverse FinTech community in Hong Kong.

/Innovation

Kompas scoops €50,000 as winner of Visa Everywhere initiative

Visa Inc. (NYSE: V) today announced the winners of its first European Everywhere Initiative programme, awarding a total of €100,000 to three start-ups for their successful proposals in three categories, and the opportunity work with Visa APIs in conjunction with executive mentors and technologists.

/Innovation

Digital change raising the bar for lenders, says CML research

Digital change is radically altering consumer expectations in the mortgage market and “raising the bar for what borrowers expect from their home buying and owning experience,” according to research published today by the CML.

/Innovation

Plaid issues request for fintech startups

The past five years have brought significant excitement to financial services.

/Innovation

Swiss blockchain startup to raise funds for crypto wallet

Twenty Thirty, a Swiss blockchain innovation company, today announces the Pillar project, which will raise money through a Token Sale on Saturday July 15 2017 to create the next-generation wallet that will hold all your assets and become your personal digital assistant powering all your devices.

/Innovation

Fintech Sandbox expands to Canada

Today Ontario Centres of Excellence (OCE) and Boston-based FinTech Sandbox, signed an historic memorandum of understanding (MOU) to collaborate and expand the FinTech Sandbox model into Canada, starting in Ontario.

/Innovation

Innovate Finance publishes RegTech for regulators report

Innovate Finance’s Transatlantic Policy Working Group (TPWG) and Strategic Partner Hogan Lovells, today launched a report titled Future of RegTech for Regulators, Adopting a Holistic Approach for the Digital Era Regulator.

/Innovation

Citi names Tech for Integrity Challenge winners in Hyderabad

Citi announced the award recipients of Tech for Integrity (T4I) Challenge in India.

/Innovation

AI could increase corporate profitability by 38% - Accenture

Businesses that successfully apply artificial intelligence (AI) could increase profitability by an average of 38 percent by 2035, according to a new report from Accenture (NYSE: ACN).

/Innovation

Japan and Australia ink fintech co-operation agreement

The Japan Financial Services Agency ('JFSA') and Australian Securities and Investments Commission ('ASIC') today announced the completion of a framework for co-operation to promote innovation in financial services in Japan and Australia.

/Innovation

Isbank moves deeper into the startup ecosystem with 'Workup' programme

İşbank, the largest private bank in Turkey has made a bigger move into the startup ecosystem.

/Innovation

Turkey's İşbank launches startup programme

İşbank; the largest private bank in Turkey has made a bigger move into the startup ecosystem.

/Innovation

Glance completes deal with cannabis industry payments provider Cannapay

Glance Technolgies Inc. has announced that it has received the second payment for the $1,000,000 licence agreement with Cannapay Financial Inc. which provides services to legal marijuana dispensaries.

/Innovation

Survey reveals US CFOs' thoughts on future of payments

WEX Inc., a provider of corporate payment solutions, unveiled the results of a third-party survey conducted to gauge public and private company chief financial officers’ views of the payments processing landscape.

/Innovation

FinTech Australia releases fintech ecosystem map

Australia’s fintech industry body today released its first member ecosystem map, which helps build domestic and international understanding of the nation’s fintech strengths and diversity, particularly in wealth generation and lending.

/Innovation

DFS Lab invests $250,000 in four African fintechs

Digital Financial Services Lab (DFS Lab) today announced it would invest $250,000 in four separate fintech startups that are building products that help low-income consumers in developing markets. Inclusive (based in Ghana), Pula (based in Kenya), Pezesha, (based in Kenya), and Teller, (based in the United States), were each selected for financing after presenting their products at DFS Lab's Fintech BootCamp in Sri Lanka earlier this year.

/Innovation

Razer takes minority stake in Malaysian e-payment enabler to push virtual gaming currency

Razer, a global lifestyle brand for gamers, has announced a strategic partnership with MOL AccessPortal, a leading e-payment enabler in Asia. Along with the partnership, Razer has taken a 19.9% minority stake in the Malaysian startup.

/Innovation

Faster Payments launches Trust Service to lower secure access costs

Faster Payments, the UK’s 24/7 real-time payment service, has launched a new Trust Service that will potentially cut the cost for challenger banks and others of obtaining the services that are essential to securely access the UK’s payments systems.

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