3418 articles tagged with this keyword
News/Innovation
MasterCard is inviting UK coders, designers and developers to battle it out in a three day hackathon building payments-enabled travel apps for the chance to win £10,000.
19 May 2016
Tandem Bank has hit its £1 million crowdfunding target within 18 minutes of going online after strong demand from investors looked set to repeat the problems experienced by rival challenger bank Mondo.
Big spending consumers could soon be in for a rude shock with a new smart wristband that delivers a 255 volt shot when they breach pre-set spending limits.
UK insurance and finance group Aviva has made an undisclosed investment in Founders Factory, a digital accelerator and incubator co-founded by Brent Hoberman, Henry Lane Fox and Jim Meyerle.
Former Citigroup chief executive Vikram Pandit has teamed up with investment firm Atairos Group to launch a company that will buy significant stakes in mature financial services firms.
18 May 2016
Capital One is stepping up its investment in the fintech scene with the launch of 'Growth Labs', an accelerator programme for early-stage start-up and high-growth companies
DBS Bank in Hong Kong is saving small businesses the hassle of going to a bank branch to open a new account by introducing a video conferencing service for due diligence checks.
17 May 2016
Singapore's OCBC Bank has launched a developer portal and set of open APIs to promote the integration of its data sets and applications with third-party networks and fintech startups working at its Open Vault unit.
The UK's Competition and Markets Authority has set out a series of reforms to improve competition in the retail banking and SME market, calling on banks to provide open APIs for customers to share their data and search for the best deal.
Cincinnati-based Fifth Third Bancorp has appointed Citi veteran Melissa Stevens to the newly created role of chief digital officer and head of omni-channel banking.
Micro-investing app Acorns has teamed up with a group of retailers to transfer the monetary value of accumulated loyalty points to customers' portfolio accounts.
16 May 2016
UK banks could be poised to lose up to 43% of their retail payments based revenues by 2020 as the revised Payment Services Directive accelerates advancements in e-commerce and contactless technology, according to data compiled by Accenture.
Icap is to put its fintech incubator Euclid Opportunites to the forefront as it sells off its brand to Tullett Prebon and refocuses its business under the new name NEX Group.
Fintech could bring great benefits to Islamic finance, according to the governor of Bank Negara Malaysia, but also poses risks which regulators need to guard against.
13 May 2016
Nordea is scouting for a new cohort of startups to joins the second round of its financial accelerator programme in Stockholm.
Have investors in fintech startup companies been drinking way too much Kool-Aid? Mark, Tluszcz, CEO of Mangrove Capital Partners, detects a sour after-taste.
Telefonica Germany is to launch a mobile banking service using white-label technology supplied by Fidor Bank.
12 May 2016
Swatch has secured the backing of Visa Europe and Switzerland's Corner Bank for the launch of its new NFC-enabled timepiece Bellamy, which will come to market in mid-June with a price tag of CHF105.
Russia's Sberbank is dipping its toes in the conversational commerce marketplace with the launch of an experimental project to test the use of mobile applications across popular social media messaging sites.
Japanese financial conglomerate SBI Holdings has set its stall out as a central player in the fintech ecosystem, promising to aggressively adopt new technology and build a network of startups through a $275 million venture fund.
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