3419 articles tagged with this keyword
News/Innovation
A team of developers from Venice has scooped the $100,000 grand prize for PayPal's 2015 Battlehack series, marking the culmination of a globe-trotting hackathon that took in 14 cities worldwide.
17 November 2015
The rise of bitcoin could leave central banks struggling to implement monetary policy and unable to act as lenders of last resort, the Bank of Canada's senior deputy governor has warned.
MasterCard has selected just four startups from more than 200 applicants to participate in a six-month long global Start Path class.
16 November 2015
The 'dinosaurs' of the banking establishment - lumbered with antiquated technology systems and ruinously expensive branches - will be brushed aside by nimble, mobile-led competitors says Anthony Thomson in a hard-hitting speech ahead of the launch of his digital-only challenger Atom Bank.
13 November 2015
Visa Europe's innovation hub is teaming up with distributed ledger specialist Epiphyte on a proof of concept project looking into how the blockchain and bitcoin can be used for international remittances.
12 November 2015
Japanese e-commerce giant Rakuten has established a $100 million fintech fund to invest in disruptive early to mid-stage startups in Europe and North America.
Jiffy, the real-time mobile P2P payment system run by SIA on behalf of 50 Italian banks, has set up a mechanism for making charitable donations through the app.
The forthcoming publication of an innovation agenda by the Australian government has galvanised the national fintech community to push for reforms that will help establish the country as a leading Asian hub for startups in the sector.
Students at Southwestern College in Kansas can now pay by selfie on campus thanks to a new app developed by mobile commerce outfit Lucova.
The UK's Chancellor of the Exchequer, George Osborne, has vowed to help make London the world's fintech capital, promising to oversee a regulatory environment that encourages innovation in areas such as mobile payments and bitcoin.
11 November 2015
US bank BNY Mellon has opened a European Innovation Centre in London, reinforcing the UK capital's status as a global crossroads connecting the world of high finance with the fintech startup community.
Barclaycard has collaborated with retail fashion chain TopShop to develop a range of wearable accessories incorporating its bPay contactless technology.
The Financial Conduct Authority is set to take the wraps off its regulatory sandbox initiative with the aim of providing a 'safe space' in which businesses can test innovative products without immediately incurring all the normal regulatory consequences of pilot activities.
10 November 2015
United Overseas Bank has partnered with Infocomm Investments, the venture arm of the development Authority of Singapore, to run a fintech accelerator programme.
Silicon Valley Bank (SVB) has shaken up its technology management team, appointing Bruce Wallace to the newly created position of chief digital officer and bringing in former Visa CIO Michael Dreyer as chief operations officer.
09 November 2015
Italian digital wealth management startup MoneyFarm is preparing to enter the UK market after raising EUR16 million from Cabot Square Capital and United Ventures.
Royal Bank of Scotland is to trial technology from 12 'eco-innovation' startups across its property portfolio in Bristol as it bids to create its first carbon-neutral banch.
Illuminate Financial, a fintech venture fund for the capital markets industry, has closed its first round of capital raising with the support of Deutsche Börse and Markit.
Robo-advisors using algorithm-based systems to provide financial advice to consumers will consign 25 million jobs in the financial and legal sector to the scrap heap over the next two decades says Bank of America, in a report which paints a bleak future for the human workforce as new robot workers transform the global economy.
06 November 2015
Finextra is collaborating with UK Trade and Investment on 19 November in Tallinn for an interactive event bringing together financial services and fintech players from the UK and Nordic-Baltic region.
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