Innovation

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Deutsche Bank opens Silicon Valley innovation lab

Deutsche Bank announced today that it has opened an innovation lab in Silicon Valley, with a launch event attended by its Co-Chief Executive John Cryan on Tuesday.

/Innovation

Fintech VC IA Capital completes five investments

IA Capital Group Inc., a leading venture capital firm focused on financial technology, is announcing the completion of five fintech investments over the past 12 months, including Credit Sesame, Crown Global Insurance, Marqeta, LiftForward, and a yet to be announced fifth company.

/Innovation

Money2020: Credits launches blockchain-platform-as-a-service

Credits, the blockchain platform provider, today launched the public beta test version of their new Blockchain Platform-as-a-Service (PaaS) at Money 20/20.

/Innovation

Worldpay invests in ID verification startup Veridu

For online merchants, uncertainty over whether to trust certain high risk transactions could soon be a thing of the past.

/Innovation

Seven university student teams to pitch for Swift Institute Challenge prize

SWIFT Institute announces today that it has selected seven university student teams to compete in the inaugural SWIFT Institute Challenge at the SWIFT Business Forum London on 20 April at Tobacco Docks.

/Innovation

DBS launches 'digibank' mobile app

As Singapore’s largest bank and a leading bank in Asia, DBS is further upping the ante in the innovation space with the official launch of “DBS digibank”, a breakthrough mobile app designed to make banking simpler, smarter and faster for its customers.

/Innovation

Red Hat unveils blockchain for finance initiative

Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced a new initiative to meet the needs of fintech startups and financial services independent software vendors (ISVs) who are developing blockchain applications and technologies.

/Innovation

21 banks joins Swift payments innovation pilot

SWIFT announces today that 21 banks have started the pilot for its global payments innovation initiative, intended to improve the customer experience in correspondent banking by increasing the speed, transparency and predictability of cross-border payments.

/Innovation

Euronext names Nicolas Rivard chief innovation officer

Following the appointment of Maria João Borges Carioca Rodrigues as the new Chief Executive Officer of Euronext Lisbon and member of the Managing Board, Euronext announces the appointment of three new members of its Executive Committee to strengthen its leadership team:

/Innovation

Overstock.com invests $4 million in Caribbean digital currency startup Bitt

Overstock.com, Inc. (NASDAQ:OSTK) announced a strategic investment in Bitt.com, a Caribbean-based financial technology firm working to move island nations in that region to adopt digital national currencies. Overstock.com is investing $4 million in Bitt initially.

/Innovation

UK financial services executives bullish on Lonon fintech leadership prospects

The vast majority (92%) of UK-based financial services leaders believe that the UK has the ability to become the worldwide leader in financial technology (FinTech), according to new research from leading recruitment specialist Robert Half Financial Services UK.

/Innovation

Xpress Money goes social with Xopo app

A new app has given a fresh meaning to the idea of posting “rich content” online by allowing users to transfer money using social channels.

/Innovation

Money2020: Diebold showcases mobile ATM and new security tech

Diebold, Incorporated (NYSE: DBD) is showcasing one of its newest mobile-driven banking concepts, along with an industry-leading security application from Cryptera, at Money 20/20 Europe.

/Innovation

VersaPay partners Katipult to bring investment crowdfunding software to Canada

VersaPay Corporation (VPY.V) ("VersaPay" or the "Company"), a leading provider of cloud-based payment and accounts receivable management solutions, today announced that it has signed a partnership agreement with Katipult Software to bring a disruptive Crowdfunding solution for investment firms to the Canadian market.

/Innovation

Ingenico Group and TW2 launch POS service in Rio football arena

Ingenico Group (Euronext: FR0000125346-ING), global leader in seamless payment, and TW2, a pioneer technology provider, today announced the launch of POS Controle, a POS based customer service application which enables at one of Brazil’s largest football arenas to provide unprecedented food and beverage services to soccer fans in Rio de Janeiro.

/Innovation

PayPort by VocaLink awarded vendor accreditation from Faster Payments Scheme

PayPort by VocaLink, the comprehensive, end-to-end service that offers banks and other financial institutions fast, efficient and secure access to Faster Payments without the cost of introducing a new technology infrastructure, has gained Vendor Accreditation from Faster Payments Scheme Limited (FPSL).

/Innovation

Hyperledger Project makes board appointments and adds new members

The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today is announcing the Hyperledger Project has filled key leadership positions and is welcoming new members.

/Innovation

Federal Reserve calls in McKinsey for faster payments assessment

The Federal Reserve on Tuesday announced the selection of McKinsey & Company to support Faster Payments Task Force efforts this year to assess faster payments solution proposals from various providers across the United States payments industry.

/Innovation

Fintechs gain accreditation for faster payments

Two fintechs have become the first to gain accreditation to supply access to Faster Payments through the New Access Model, following an announcement today (Tuesday 29 March 2016).

/Innovation

San Francisco receives first bitcoin ATM from Coinsource

Coinsource, the reliable and secure national bitcoin ATM network, today announced the installment of a new bitcoin ATM at Mission Groceries at 2128 Mission Street in the heart of San Francisco, California.

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