Innovation

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IBM joins Chamber of Digital Commerce blockchain association

The Chamber of Digital Commerce (“Chamber”) welcomes the addition of IBM to its Executive Committee membership.

/Innovation

Mobilearth launches ‘seven-minute’ mobile lending app

Aiming to enhance consumers’ lending experience, as well as FIs’ lending business, omni-channel, mobile banking provider Mobilearth has launched its mobile digital lending application that allows consumers to complete the application process in about seven minutes on their smart phone or tablet – never having to step foot in the branch.

/Innovation

Two fintech startups graduate from Microsoft Accelerator

Today, 30th June, in London, a new cohort of the UK’s most dynamic and exciting high-technology start-ups graduated from Microsoft Accelerator London’s 14-week programme.

/Innovation

Chamber of Digital Commerce adds DTCC's Mark Wetjen to board of advisors

Today the Chamber of Digital Commerce (“Chamber”) announces the appointment of Mark Wetjen of The Depository Trust & Clearing Corporation (“DTCC”) to its Board of Advisors.

/Innovation

Synchrony Financial takes stake in flexRecipts

Synchrony Financial (NYSE:SYF) today announced a strategic investment in flexReceipts, Inc., a provider of enriched digital receipts, data analytics and customer engagement solutions.

/Innovation

Banco Bradesco joins R3 blockchain consortium

Banco Bradesco, one of the biggest banking and financial services companies in Brazil, has joined financial innovation firm R3’s partnership to design and apply distributed and shared ledger-inspired technologies to global financial markets.

/Innovation

Kasisto releases smart bots for banking in Facebook, Slack and SMS

Kasisto, an AI company launched out of SRI International and backed by the world's most innovative banks, today announced KAI Banking, a conversational AI platform that powers smart bots for next-generation banking experiences.

/Innovation

IBM opens Bluemix garage in New York

IBM (NYSE: IBM) today announced the opening of an IBM Bluemix Garage in New York City, which will help power the city's growing concentration of developers, entrepreneurs, and fintech companies with cloud and blockchain.

/Innovation

CME Ventures joins $20 million Orbital Insight investment round

Orbital Insight, a geospatial big data company, today announced its $15 million Series B round led by GV (formerly Google Ventures), with participation from CME Ventures, and existing investors Sequoia Capital, Lux Capital, and Bloomberg Beta.

/Innovation

Innotribe selects nine to compete in Latin American startup challenge

Working in close collaboration with Innotribe, over 70 judges from across the financial, technology, and investment communities evaluated close to 50 applications submitted for the first edition of the Startup Challenge in Latin America.

/Innovation

WEF panel session: Blockchain will be a game changer for financial services

Unlocking blockchain will be a game-changer for the future of financial transactions, noted panellists in a session on the innovative digital ledger today at the Annual Meeting of the New Champions 2016 in Tianjin.

/Innovation

RBI sets out payments vision

The Reserve Bank of India has today placed on its website the “Payment and Settlement Systems in India: Vision-2018”.

/Innovation

Korean Fintech Centre to hold London demo day

Fintech Center of Korea will hold “FinTech Demo-day in London” event on July 22, 2016 to promote cooperation between the United Kingdom and South Korea in the fintech industry and pursue globalization of fintech innovation.

/Innovation

AmEx previews Facebook Messenger bot plans

American Express (AXP) today unveiled its plans to work with Facebook to explore innovative new experiences to interact with Card Members in Messenger.

/Innovation

Scotiabank appoints Shawn Rose as EVP, digital banking

Scotiabank (BNS.TO) (BNS.TO) announced today that it has appointed Silicon Valley technology leader Shawn Rose to the newly created position of Executive Vice President, Digital Banking.

/Innovation

Toronto's MaRS opens corporate innovation district

Today, MaRS announces the official opening of its corporate innovation district, the MaRS C Suite, with its founding sponsor CIBC. Located in the heart of the MaRS Centre, the suite acts as a bridge between corporate leaders and entrepreneurs.

/Innovation

Toyota Financial Services joins R3 distributed ledger consortium

Toyota Financial Services has joined financial innovation firm R3’s consortium to design and apply distributed and shared ledger-inspired technologies to global financial markets.

/Innovation

Mizuho turns to IBM for blockchain tech payment system

Mizuho Financial Group and IBM (NYSE: IBM) announced today a test of the potential of blockchain for use in settlements with virtual currency. By incorporating blockchain technology into settlements with virtual currency, Mizuho will explore how payments can be instantaneously swapped, potentially leading to new financial services based on this rapidly evolving technology. The pilot project uses the open source code IBM contributed to the Hyperledger Project.

/Innovation

Hyperledger Project gains seven new members

Hyperledger Project, a collaborative cross-industry effort created to advance blockchain technology, announced today that seven new members have joined to help create an open standard for distributed ledgers for a new generation of transactional applications.

/Innovation

Asian accelerator TLabs joins Stripe Atlas programme

TLabs, the leading Indian start-up accelerator, sets new horizons for the budding Indian establishments by joining the Stripe Atlas Network.

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