Innovation

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/Innovation

Barclays Rise Africa to host financial inclusion hackathon

Rise Africa, part of Barclays’ global financial technology and innovation community, will host a hackathon in May focused on creating solutions to foster greater financial inclusion.

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Ribbit.me rebrands as Loyyal

Ribbit.me announces that it has renamed as Loyyal, in order to better reflect the underlying industry and the Company's business objectives.

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Rabobank joins Nexuslab to foster early-stage blockchain ventures across Europe

Nexuslab, the Swiss blockchain startup programme powered by Startupbootcamp, has announced a partnership with Rabobank.

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The Clearing House and FIS submit proposal to Fed faster payments task force

The Clearing House (TCH), in conjunction with FIS, late last Friday submitted a proposal for evaluation of its Real-Time Payments (RTP) system to the Federal Reserve’s Faster Payments Task Force.

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Poland’s Idea Bank expands its mobile ATM fleet

Idea Bank, Poland’s most innovative bank supporting the country’s dynamic and vibrant entrepreneurial culture, has reported a major expansion of its fleet of mobile ATMs that allow thousands of business owners to safely deposit their daily revenues within minutes from end-day closing.

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Startupbootcamp FinTech New York adds entrepreneur-in-residence programme

Startupbootcamp FinTech, the leading accelerator focused on financial innovation, announced that its New York program has launched an Entrepreneur in Residence Program, aimed at providing guidance for the 10 competing teams in the 13-week accelerator program, which kicked off on April 18th.

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Barclays and LifeSkills install work experience pod at London school

LifeSkills created with Barclays has unveiled the LifeSkills Pod, an immersive work experience simulator, at Lister Community School in East London.

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BMO partners DMZ at Ryerson University on fintech startup programme

Around the world, financial services technology is evolving rapidly and the pace of change is accelerating. Canada has become a leading source of new ideas, and BMO Financial Group wants to ensure that the next big idea gets the support it needs to make it a reality and benefit Canadian consumers.

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VirtusaPolaris launches bankConnect on Adobe Marketing Cloud

VirtusaPolaris, the market-facing brand of Virtusa Corporation and Polaris Consulting & Services, Ltd., a leading worldwide provider of information technology (IT) consulting and outsourcing, today announced the launch of VirtusaPolaris BankConnect.

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Icici reveals appathon winners

ICICI Bank today announced the winners of ‘ICICI Appathon’, the country’s largest virtual mobile app development challenge by an Indian bank.

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Epam opens LA innovation lab

Epam Systems, Inc. (NYSE:EPAM), a leading global provider of product development and software engineering solutions, today announced the opening of a new innovation lab in its Los Angeles office to accommodate the rapid pace of disruption in the Media and Entertainment industry.

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First Direct and HSBC launch sign language video service

HSBC and first direct are launching a British Sign Language Video Relay Service (VRS) in the UK.

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Bud opens financial product app store

Bud is the worlds first open banking platform for consumers and it is launching its ALPHA on July 1st 2016.

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Accenture calls for applications for Asia pacific Fintech Innovation Lab

Applications open today for Asia-Pacific’s third annual FinTech Innovation Lab, Accenture’s (NYSE:ACN) 12-week program that helps early- and growth-stage financial technology (fintech) companies accelerate product and business development by gaining exposure to top financial institution executives.

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Visa & AIBIM on the lookout for fintech startups

Visa and the Association of Islamic Banking Institutions Malaysia (AIBIM) have partnered to launch the ASEAN Fintech Challenge in conjunction with the Global Islamic Finance Forum 2016 (GIFF) from 10th to 12th May in Kuala Lumpur.

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OCBC extends implementation of OneTouch fingerprint logins

With less than S$100,000, the OCBC Group developed the OneTouch fingerprint authentication feature – and the technology has since been applied to multiple mobile applications, bringing convenience and value to millions of customers in both banking and stockbroking.

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Kraken receives Series B investment from Money Partners Group; expands in Japan

We are pleased to announce an investment from Money Partners Group, one of Japan’s leading foreign exchange brokerages, in the Kraken Series B round of financing. Tokyo-based Money Partners Group is listed on the 1st Section of the Tokyo Stock Exchange and holds a current market cap of over ¥29 billion, or over $260 million USD. The terms of the deal were not disclosed.

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Customer service bot startup Digital genius raises $4.1 million

DigitalGenius, the Level39 member which delivers an automated customer service platform based on AI and NLP, has raised $4.1 million from a group of institutional investors to broaden the adoption of its customer service bots.

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TPG to incorporate distributed ledger processes with Terraledger

TPG Software Inc. and TerraLedger announced a strategic partnership that will enable the use of distributed ledger blockchain technologies among TPG Software’s existing customers (banks, broker dealers and credit unions).

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Pich wins Santander InnoVentures fintech venture day in Madrid

Pich, a startup which connects with the infrastructure of the banking sector to provide companies and developers with access to financial data, was the winning business project at Fintech Venture Day Madrid, a contest organized by Santander InnoVentures, Accenture and IE Business School.