Innovation

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/Innovation

U Account launches Banking-as-a-Service platform

New current account competitor, U has launched its attack on the retail banking model today.

/Innovation

Chain open sources distributed ledger platform

Chain, a provider of blockchain technology solutions, today released Chain Core Developer Edition, a free and open source version of its distributed ledger platform that enables organizations to issue and transfer assets on permissioned blockchain networks.

/Innovation

Lloyds Banking Group hosts digital banking summit with Age UK

On 20 October, Lloyds Banking Group with the help of Age UK London hosted 20 people aged between 50 and 70 at its Digital Banking headquarters in London to take part in an event designed to help build digital confidence and awareness.

/Innovation

Singapore and the Government of Andhra Pradesh sign fintech co-operation agreement

The Monetary Authority of Singapore (MAS) and the Government of Andhra Pradesh (GoAP) today signed a FinTech Cooperation Agreement to promote innovation in financial services in their respective markets.

/Innovation

Share.Credit Card and Warren win Money20/20 hackathon

The payment industry is experiencing an unprecedented amount of innovation and growth, and much of it will be on display at the annual Money20/20 conference in Las Vegas this week.

/Innovation

Kenyan and Australian regulators sign fintech innovation alliance

The Capital Markets Authority of Kenya (CMA) and the Australian Securities and Investments Commission (ASIC) today signed a Co-operation Agreement which aims to promote innovation in financial services in their respective markets.

/Innovation

CVS Pharmacy takes CVS Pay nationwide following successful pilot

CVS Health (NYSE: CVS) today announced the national rollout of CVS Pay, an end-to-end mobile payment solution at CVS Pharmacy.

/Innovation

Mahindra Finance launches global fintech challenge

One of the leading Indian Financial Institutions, Mahindra Finance, is looking to evaluate innovative fintech solutions for its SME financing business through an innovation challenge.

/Innovation

Innovation tipped to play critical role in managing hedge funds

Hedge fund managers are innovating and increasing their investment in technology to create new competitive advantages and to address regulatory and operational issues, according to a new study by KPMG International, the Alternative Investment Management Association (AIMA) and Managed Funds Association (MFA) titled Transformative Change: How innovation and technology are shaping an industry.

/Innovation

Azimo pushes the button on voice-activated money transfer through Siri

Azimo, the money transfer service with the largest digital network, today launches a brand new version of its mobile app, designed to revolutionise the mobile transfer experience for both Apple and Android users.

/Innovation

Vestmark unveils robo-advice platform

Vestmark, the leading provider of Unified Wealth Management® solutions, announced today the VestmarkONE Robo Solution.

/Innovation

Walmart to apply blockchain to supply chain

As Walmart (NYSE: WMT) opened its new Walmart Food Safety Collaboration Center in Beijing today, IBM (NYSE: IBM), Walmart and Tsinghua University announced a collaboration to improve the way food is tracked, transported and sold to consumers across China.

/Innovation

Symbiont releases enterprise-ready distributed ledger

Symbiont today announced the release of a software development kit for Assembly, the permissioned distributed ledger component of Symbiont's smart contracts system.

/Innovation

BMO announces three winners for Next Big Idea in Fintech contest

BMO Financial Group and the DMZ have announced the three winners for 'The Next Big Idea in Fintech'.

/Innovation

Startupbootcamp secures £1 million investment from Eos to fund InsurTech cohort

Startupbootcamp InsurTech, the leading independent accelerator focused on early stage insurance startups and corporate innovation, announces agreement with Eos Venture Partners of up to £1 million in funding for the cohort joining its 2017 program.

/Innovation

Symphony opens developer platform

Symphony Software Foundation (the Foundation), the nonprofit organization fostering open innovation around the Symphony secure productivity platform, today announced the upcoming availability of an Open Developer Platform access to Symphony.

/Innovation

Social payments startup Pay By Group raises $3.4 million seed round

Pay By Group, a white-label e-commerce conversion tool that allows friends or family to collaborate and split the cost of any purchase, announced a $3.4 million seed round led by SparkLabs Global Ventures.

/Innovation

Majority of US consumers believe banks will cease to exist within their lifetime

Three of five Americans believe that their banks are failing to keep up with their needs in today's connected world, leading many to wonder if traditional financial institutions will disappear and what kinds of financial technology (FinTech) companies will emerge to take their place.

/Innovation

RBC hackathon looks for 'Next Great Innovator'

For hackathon pros, coming together over a weekend to design, code, and learn new skills from their peers is the new social gathering.

/Innovation

PCT names Keith Richbell as head of digital innovation

Payment Card Technologies (PCT), the London-based payment and fintech enterprise, has today appointed leading payments and digital banking expert Keith Richbell to its already impressive leadership team as Head of Digital and Innovation.

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