Innovation

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/Innovation

American Express opens Amex for Developers portal

American Express (AXP) today announced the launch of Amex for Developers, a new portal providing a single point of access to company APIs and developer resources in such categories as payment services, customized experiences, data intelligence and fraud prevention.

/Innovation

P3V closes fintech venture fund

Adam Felesky and Paul Desmarais III today announced the closing of a new fund, Portag3 Ventures ("Portag3"), focused on the financial technology sector.

/Innovation

Thomson Reuters opens Cape Town innovation lab

Thomson Reuters announced today the launch of Thomson Reuters Labs™ – Cape Town. The Lab will see Thomson Reuters engage with the region's vibrant innovation ecosystem and dynamic startup community to fuel growth and empower success for Thomson Reuters customers worldwide.

/Innovation

FinTech Atlanta to rock the house at Money20/20

A delegation of nearly 200 Georgia-based financial technology (FinTech) and financial services (FinServ) professionals will attend Money 20/20, the world’s largest payments and financial services innovation event, from Oct. 23-26 at The Venetian in Las Vegas.

/Innovation

BT and Toshiba open quantum security showcase

BT and Toshiba today opened the UK’s first secure quantum communication showcase at BT’s research and development centre in Ipswich.

/Innovation

Six commerce startups selected to participate in SVB/MasterCard accelerator

Silicon Valley Bank and Mastercard have selected six startups to participate in Class 5 of Commerce.Innovated., a virtual accelerator designed to help commerce, payments and fintech startups grow their businesses.

/Innovation

FIA announces finalists in fintech innovator competition

FIA announced five finalists for the Meet the Innovators competition at the Futures and Options Expo in Chicago on Oct. 18-20.

/Innovation

Digital currency Dash comes to Shake debit cards

Dash, the superior alternative to Bitcoin, today announced a partnership with debit card innovator Shake that will allow customers to purchase goods and services from millions of merchants across the world.

/Innovation

Aurora Exchange enlists Maiden Life and Mangopay for P2P lending platform

Aurora Exchange, a consumer loans exchange for responsible borrowers announced two major partnerships that pave way for bringing transparent and cost efficient consumer lending to the European market.

/Innovation

Bank of Scotland advances online account opening with selfie verification

As part of the investment in digital technology to improve the customer experience, Lloyds Banking Group has just launched selfie technology to enable Bank of Scotland customers to open a current account seamlessly online.

/Innovation

Blockchain loyalty and rewards startup Loyyal joins Dubai accelerator

Loyyal, a leading blockchain start up focused on creating the future in global loyalty and rewards, today announced that it is participating in the inaugural Dubai Future Accelerators program.

/Innovation

Blockstream completes end-to-end test of lightning micropayment

This story of feline acquisition begins with the demonstration of v0.5 of the C lightning prototype, a lightning-fast micropayment system we've been working on here at Blockstream.

/Innovation

Ericsson and Vodafone M-Pesa bid to simplify safe water payments in Africa

Ericsson (NASDAQ: ERIC) today announced that its M-Commerce Interconnect (EMI) service will simplify mobile money payments and cash collection between mobile wallet provider Vodafone M-Pesa and businesses.

/Innovation

Geneva gears up for fintech startup weekend

Swiss-based Fintech, eWise will provide its patented Financial Data Aggregation API at Start Up Weekend FinTech Geneva enabling participants to create next-generation financial services apps.

/Innovation

United Nations tackles blockchain and crowdfunding in Alternative Finance Lab

Ten months ago we had an eclectic group of people introduce a slew of new financial mechanisms - blockchain based cash transfers and impact bonds for reducing recidivism to forecast based finance for disasters and peer to peer lending for SMEs - emerging into what the ODI calls a new ‘age of choice’ for the development finance.

/Innovation

FIS focuses on blockchain for inhouse hackathon

Creating the future of financial technology isn’t just a challenge – it’s the goal behind FIS’ annual Hackathon competition. FIS (NYSE: FIS), a global leader in financial services technology, hosted the final of its Hackathon 2016, a worldwide coding competition between FIS technologists, last week in Singapore with 13 finalist teams competing against each other for 48-hours, non-stop.

/Innovation

Welsh fintech startups bid for funding at London event

Two fintech startups are among the group of 7 diverse tech businesses from Wales bidding for investment at London’s Digital Catapult Centre next month (October 13 2016).

/Innovation

Swedbank names head of new digital banking unit

Lotta Loven is appointed Head of Digital Banking in Swedbank (STO:SWEDA) (OSE: SWED) (LSE:SWK).

/Innovation

IBM spends $200 million on German blockchain and IoT lab

IBM (NYSE: IBM) today unveiled a $200 million USD investment in the new global headquarters for its Watson Internet of Things (IoT) business in Munich, new IoT capabilities around Blockchain and security and an array of clients that are driving real outcomes by using Watson IoT technologies to draw insights from billions of sensors embedded in machines, cars, drones, ball bearings, pieces of equipment and even hospitals.

/Innovation

Saudi Hollandi moves into wearable market with Apple Watch app

Saudi Hollandi Bank (SHB), founded in 1926 the first bank in KSA, has deployed Wearable Banking Solution developed by Vayana for Apple Watch, to further enhance the customer experience for its retail banking customers.

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