Innovation

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New Zealand's Heartland Bank invests in P2P lending platform

/Innovation

New Zealand's Heartland Bank invests in P2P lending platform

New Zealand's Heartland Bank has bought a 10% stake in local online peer-to-peer lending platform HarMoney. Financial terms were not disclosed.

Barclays launches biometric reader for corporate client login

/Innovation

Barclays launches biometric reader for corporate client login

Barclays corporate customers will soon be able to log into their online accounts by scanning their fingers with biometric readers that use vein authentication technology from Hitachi.

Fintech players back UK's Startup Manifesto

/Innovation

Fintech players back UK's Startup Manifesto

Heavy hitters from the fintech community have backed a 'Startup Manifesto' offering recommendations to the next UK government on everything from tax to visas to bitcoin.

Money20/20 founders to advise on $500 million healthcare and fintech fund

/Innovation

Money20/20 founders to advise on $500 million healthcare and fintech fund

Money20/20 founders Anil Aggarwal and Jonathan Weiner have joined with Oak Investments on the launch of a $500 million healthcare information and fintech venture fund.

MasterCard puts seven startups on the Start Path accelerator

/Innovation

MasterCard puts seven startups on the Start Path accelerator

MasterCard has selected the first class of seven European startups to participate in its Start Path accelerator programme.

Alipay and Huawei team on fingerprint-based mobile payments

/Innovation

Alipay and Huawei team on fingerprint-based mobile payments

China's Alipay has teamed up with handset maker Huawei to develop a system which lets people make mobile payments with their fingerprints.

YouTube taps Google Wallet for fan funding feature

/Innovation

YouTube taps Google Wallet for fan funding feature

YouTube has introduced a feature which enables viewers to make donations to their favourite content creators through Google Wallet.

Lending Club preps $500m IPO

/Innovation

Lending Club preps $500m IPO

Peer-to-peer loan specialist Lending Club has filed with US regulators for an initial public offering in which it hopes to raise $500 million.

Westpac NZ licenses Moven money management tech

/Innovation

Westpac NZ licenses Moven money management tech

Westpac New Zealand is integrating money management technology from New York-based Moven into its new digital banking platform.

Santander commissions study on bitcoin's impact on banks

/Innovation

Santander commissions study on bitcoin's impact on banks

The bitcoin-curious - both enthusiasts and sceptics - are being invited to help put together a report for Santander on the impact that cryptocurrencies will have on banks.

Banks and retailers sign on for new Australian Payments Council

/Innovation

Banks and retailers sign on for new Australian Payments Council

Australian banks, retailers and payments specialists have signed on to a new co-ordination body that aims to step up the pace of innovation in the country's payments industry.

Wells Fargo to invest in fintech startups through accelerator

/Innovation

Wells Fargo to invest in fintech startups through accelerator

Wells Fargo has become the latest bank to launch an accelerator programme, promising mentoring and hard cash to selected fintech startups.

PayPal taps Venmo for one-touch in-app payments

/Innovation

PayPal taps Venmo for one-touch in-app payments

PayPal has taken advantage of technology from its Braintree unit to build a system which lets mobile shoppers make in-app purchases with a single touch.

BBVA unveils European startup contest finalists

/Innovation

BBVA unveils European startup contest finalists

Spanish bank BBVA has named the 20 finalists for the European leg of its startup competition, whittling down the chosen few from more than 400 entrants.

Braintree could soon accept bitcoin

/Innovation

Braintree could soon accept bitcoin

EBay is preparing to integrate bitcoin into its Braintree payments service, according to the Wall Street Journal, giving the crypto-currency a firm nudge into the mainstream.

Barclaycard takes bPay wristbands beyond payments

/Innovation

Barclaycard takes bPay wristbands beyond payments

Barclaycard is bidding to increase the reach of its bPay contactless wristbands beyond payments by offering businesses customer behavioural data gleaned from the wearable devices.

Bank Leumi to run fintech hackathon

/Innovation

Bank Leumi to run fintech hackathon

Israel's Bank Leumi is joining the fintech hackathon craze, calling on developers to come to Tel Aviv and build financial services-related apps for the chance to win a cash prize.

Intesa Sanpaolo backs Startupbootcamp fintech accelerator

/Innovation

Intesa Sanpaolo backs Startupbootcamp fintech accelerator

Italy's Intesa Sanpaolo has become the latest big name bank to throw its weight behind the Startupbootcamp fintech accelerator programme.

Finextra Leadership: The rise of the bank challengers

/Innovation

Finextra Leadership: The rise of the bank challengers

After stints at some of the world's biggest banks, Udayan Goyal is now helping to build up a new generation of challengers through his roles at Anthemis Group and Apis Partners. He talks to Finextra about how technology is changing the financial services industry and what the established players need to do to prosper in the digital age.

VCs join fintech gold rush

/Innovation

VCs join fintech gold rush

There has been a surge in venture funding for fintech firms over the last six months, culminating in a number of big bets in July, according to data from CrunchBase.

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