Innovation

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Innovate Finance unveils finalists for 2018 FinTech Pitch360

Innovate Finance, the UK membership association that represents global FinTech, today announced the finalists for its 2018 Pitch360 FinTech competition.

/Innovation

SEI Codify welcomes second wave of incubator participants

SEI (NASDAQ:SEIC) today announced that five participants joined Codify, its London-based RegTech incubator.

FCA explores creation of global sandbox

/Innovation

FCA explores creation of global sandbox

The UK's Financial Conduct Authority is looking into the creation of a global regulatory sandbox, enabling fintech firms to carry out tests in different countries at the same time and helping watchdogs to identify and solve common cross-border problems.

/Innovation

London Stock Exchange welcomes FCO/DIT European fintech mission

The Foreign & Commonwealth Office and Department for International Trade are delighted to accompany 52 innovative, high growth fintech companies from Europe & Israel on a 2 day programme showcasing the UK’s unique financial sector and the dynamic ecosystem for entrepreneurs.

Cryptocurrencies, sandboxes and blockchain experimentation top Sarb fintech agenda

/Innovation

Cryptocurrencies, sandboxes and blockchain experimentation top Sarb fintech agenda

The South African Reserve Bank has set out the primary objectives of its recently-established fintech task force, assigning priority to cryptocurrency regulation, sandbox and accelerator assessments, and blockchain experimentation.

OCBC Bank scans customer faces for personalised service at the branch

/Innovation

OCBC Bank scans customer faces for personalised service at the branch

OCBC Bank is introducing facial recognition at its branches to identity high-rolling customers as they approach the service desks.

Mauritius makes plans for sovereign fintech fund

/Innovation

Mauritius makes plans for sovereign fintech fund

Financial authorities in Mauritius are contemplating the establishment of a sovereign fund to provide seed capital for the development of fintech activities in the island nation.

Indian broker enables users to trade by speaking to their Apple Watch

/Innovation

Indian broker enables users to trade by speaking to their Apple Watch

IDBI Capital Markets and Securities is to introduce voice-based trading on the Apple Watch, enabling user to call up quotes and execute transactions with a simple vocal command.

/Innovation

Maliyya selected for the Cloud10 Scalerator program of C5 Accelerate in Bahrain

Maliyya is happy to announce that it has been selected to participate at the Cloud10 Scalerator Program of C5 Accelerate in Bahrain.

/Innovation

Singapore's FinLab opens accelerator programme for SMEs

The FinLab, a joint venture between United Overseas Bank Limited (UOB) and SGInnovate1, today announced the launch of the third cycle of its acceleration programme.

Citi opens London innovation lab

/Innovation

Citi opens London innovation lab

Citbank is to open a new innovation lab in London, employing 75 people to support the bank's Markets and Securities Services business globally

Russia's Tinkoff Bank opens development hub

/Innovation

Russia's Tinkoff Bank opens development hub

Russian digital bank Tinkoff has opened a development hub at a major Moscow innovation centre where a team of staffers will work on areas such as blockchain and biometrics.

/Innovation

Asia-Pacific fintech market to reach US$72 billion by 2020, finds Frost & Sullivan

Active support and initiatives by financial regulators such as the Monetary Authority of Singapore, Bank Negara Malaysia and Bank Indonesia has enabled the Asia-Pacific Fintech ecosystem to grow significantly in 2017.

RBI panel calls for regulatory shake-up to handle fintech innovation

/Innovation

RBI panel calls for regulatory shake-up to handle fintech innovation

A fintech working group set up by the Reserve Bank of India has called for the establishment of a regulatory sandbox and innovation hub where startups can roadtest their products ahead of commercial launch.

Accelerating experimentation and innovation via the cloud

/Innovation

Accelerating experimentation and innovation via the cloud

Marion Leslie, Managing Director, Enterprise, Thomson Reuters, talks about the value of cloud, what it does and what it makes possible that wasn’t before, the trends forming in the financial sector in this space and the challenges organisations are facing in adopting cloud technology.

Australian Government moves to open up the banking industry

/Innovation

Australian Government moves to open up the banking industry

Australia has moved one step closer to implementing an Open Banking regime with the publication of a final Government report into the issue, accompanied by draft legislation to mandate comprehensive credit reporting.

Nordic banks strive for harmonised cross-border payments infrastructure

/Innovation

Nordic banks strive for harmonised cross-border payments infrastructure

A group of major Swedish, Danish, Norwegian and Finnish banks have banded together to explore the possibility of establishing a pan-Nordic payment infrastructure supplemented by common products.

/Innovation

Applications open for Temenos Innovation Jam

Temenos (SIX: TEMN) today announces that applications are open for its 2018 Innovation Jam series, its competition to find the world’s best fintech start-up.

Is Lithuania the most fintech-friendly destination in Europe?

/Innovation

Is Lithuania the most fintech-friendly destination in Europe?

Lithuania's ambition to become a fintech-friendly destination for startups across Europe is bearing fruit, with the country welcoming 35 new firms in 2017.

/Innovation

Santander InnoVentures head Belinky takes new role

Banco Santander today appointed Mariano Belinky as Head of Santander Asset Management (‘SAM’).

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