Innovation

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/Innovation

Canadian Securities Administrators launches regulatory sandbox

The Canadian Securities Administrators (CSA or we) today launched a regulatory sandbox, an initiative that supports businesses seeking to offer innovative products, services and applications.

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Upstart Atom displaces First Direct as UK's most recommended bank

For the first time since launch in 1989, First Direct has been displaced as the most recommended UK bank by digital-only entrant, Atom Bank.

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ATB Financial taps Facebook Messenger for chatbot payments

After months of extensive development and testing with Fintech start-up Finn.ai, ATB Financial has become the first full-service financial institution in North America to successfully facilitate payments using chatbot technology on Facebook Messenger.

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JVP invests $2 million in Insurtech startup contest winners

Israeli startups GetmeIns and Seegnature shared the top prize in the Insurtech Israel competition, a first of its kind competition in Israel for startups in the field of insurance technology.

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Financial Solutions Lab launches $3 million challenge

Today the Financial Solutions Lab (FinLab) at the Center for Financial Services Innovation (CFSI) with founding FinLab partner JPMorgan Chase & Co. officially launched its third annual $3 million challenge to identify tech-enabled innovations that improve the financial health of Americans.

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D3 introduces voice banking with Amazon’s Alexa

D3 Banking, a leading provider of solutions that replace aging online and mobile banking products with a single digital banking platform, today introduced intelligent voice banking using Amazon’s virtual personal assistant, Alexa.

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Deutsche Bourse sings the praises of Fintech Hub graduates

The Fintech Hub, our initiative to support start-ups from the fintech community in Frankfurt and in the Rhein/Main region reports two success stories.

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Regtech startup Qumram raises CHF1.5 million from Mundi Ventures

Qumram has announced further investment of 1.5 million Swiss Francs, from the technology-focused venture capital firm, Mundi Ventures.

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Thomson Reuters opens Singapore data science lab

Thomson Reuters today announced the official opening of Thomson Reuters Labs – Singapore.

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UK law firm Browne Jacobson launches legal support service for early-stage startups

National commercial law firm Browne Jacobson is to launch a legal support service aimed both at supporting startups with high-growth potential and developing its junior lawyers into future partners.

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Babb App builds Ethereum Smart Contracts banking platform

BABB App Ltd is creating a bank based on a “permissioned” blockchain implementation of a distributed ledger using Ethereum Smart Contracts banking platform, being developed by BABB Ltd.

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Swiss canton to launch its own cryptocurrency

Ticino, the southernmost canton of Switzerland, is planning to issue its own local digital currency for everyday use. Its circulation may be confined to Ticino territory.

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Payscape, Arsenal Credit Union team up to offer fintech services to businesses in St. Louis

Ohio-based fintech provider Payscape announced that it has partnered with the Arsenal Credit Union in a move to offer fintech services to Eastern Missouri and Southwestern Illinois businesses.

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Bigbank AS selects Accuity for compliance

Bigbank AS, one of Estonia’s largest banks, has selected Accuity to streamline its account and payments screening processes and help better identify financial crime risk, highlight potential sanctions breaches and flag potentially high-risk customers and politically exposed people (PEP).

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More than 750 startups apply to join YES Bank's inaugural accelerator programme

The first cohort of YES FINTECH has received phenomenal response from the global community of Fintechs, with 753 applicants around the world.

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Prince of Wales visits entrepreneurs at Barclays Eagle Labs London

His Royal Highness The Prince of Wales made a trip to Barclays’ Eagle Lab in Notting Hill London, with the University of Cambridge Institute for Sustainability Leadership (CISL), to meet entrepreneurs making waves in technology and sustainability (pictures attached).

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Euler Hermes establishes Digital Innovation Lab in London

The Euler Hermes Digital Agency (EHDA) has established a presence in London for the first time with the appointment of Raphael Caruso as Head of the Innovation Lab for Euler Hermes Northern Europe Region, based in the company’s Canary Wharf office in London.

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University of California, Irvine and Filene team on credit union fintech research hub

The Institute for Money, Technology & Financial Inclusion at the University of California, Irvine and the Filene Research Institute – a credit union and consumer finance think tank in Wisconsin – have launched a research hub at UCI dedicated to the study of how emerging technologies affect credit union business practices and clients.

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Deloitte applies professional audit standards to blockchain transactions

Deloitte today announced the completion of a blockchain project which was designed to demonstrate tangible and actionable options for assurance related to blockchain transaction data and infrastructure.

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Post-trade Distributed ledger Group sees bright future for blockchain

Blockchain will become adopted in the financial post-trade area in three to five years, according to almost half (48%) of the membership base of the Post-Trade Distributed Ledger (PTDL) Group1.