Innovation

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/Innovation

Mastercard partners with Garmin for payments on the run

Today Mastercard announced that it is adding payment capabilities to the newly launched Garmin® vívoactive® 3 to provide active customers a watch that frees them from having to carry their phone or wallet around.

/Innovation

NY fintech accelerator launches program for blockchain startups

The New York-based Starta Accelerator has announced the launch of an accelerator program, called “Token Rockets”, for startups working with blockchain technology.

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Experimentation and failure key for innovation

Nektarios Liolios, Co-Founder & CEO of Startupbootcamp, and Anton Tomic Global Head of Financial Services Business Development, SAP, talk at the SAP Financial Services Forum about innovation and how it requires both an acceleration in engagement and investment, as well as a joining of forces between internal and external efforts to innovate.

/Innovation

More major banks join UBS-led blockchain project

A UBS-led plan to develop a digital cash system based on blockchain technology has won the support of six major banks ahead of a planned launch in late 2018

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DBS launches Digibank in Indonesia

DBS Bank, a leading bank in Asia, today officially unveiled digibank by DBS (digibank), a groundbreaking mobile-led bank, in Indonesia.

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Banking partners need common objectives

Jarkko Turunen, Head of Open Banking Development, Nordea, speaks at the SAP Financial Services Forum in London about what the main drivers for partner collaboration are, including cost reduction and client experience, which in turn is improved by boosting innovation with new and niche markets.

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Russian bank opens blockchain research centre

Russia has stepped up its plans to exploit the potential of distributed ledger technology (DLT) with the announcement that state-owned bank Vnesheconombank (VEB) is to open a blockchain research centre in Moscow.

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Emirates NBD's AI banking robot learns Arabic

Emirates NBD’s Pepper has now learnt to speak Arabic! The artificial intelligence (AI) powered humanoid robot, brought to the UAE by Emirates NBD last year, has been widely popular due to his novel proposition and charming personality, and will now also cater to the bank’s Arabic-speaking customers.

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Geezeo offers banks the chance to build their digital banks using Responsive Tiles

Geezeo, a leader in Fintech and data-driven solutions for financial institutions, has developed and introduced Responsive Tiles to help innovative banks, credit unions and technology partners build customized digital banking experiences.

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Hong Kong and Dubai pledge fintech allegiance

The respective regulators of the Hong Kong and Dubai financial markets have signed an agreement designed to further their mutual cooperation on all things fintech.

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UK challenger bank launches as proptech market hots up

Redwood Bank, a new challenger bank providing mortgages to small businesses and professional landlords, has opened its doors four months after it was granted a banking license.

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Blockchain hub launched in Israel

The Singulariteam Technology Group, together with CoinTree Capital, and BlockchainIL are launching Alignment, a blockchain Hub that will consult, develop and fund blockchain early-stage projects and existing companies, from inception through ICO, and beyond.

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Ontario Medical Association picks Intellect SEEC as technology partner

Intellect SEEC, the insurance software division of Intellect Design Arena, has been chosen as the technology partner by the Ontario Medical Association (OMA).

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Paybase gets £700k grant from Innovate UK

London-based FinTech startup Paybase has received a grant of almost £700,000 from Innovate UK to democratise eMoney infrastructure for SMEs and startups.

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Cloudwithme.com recruits VoIP pioneer to advisory board

Cloudwith.me, the managed cloud services company, today announced the appointment of Mr. Jeff Pulver to its Advisory Board.

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Banco de la Republica Colombia allies with R3 for blockchain R&D

Banco de la República Colombia has formalised an agreement with enterprise software firm R3, which will allow it to experiment with and test the latest advances in distributed ledger technology (DLT).

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PA Consulting and Stockholm Fintech Hub join forces for fintech innovation

PA Consulting Group (PA) and Stockholm Fintech Hub are delighted to announce their new partnership.

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Federal Reserve puts Dave Sapenaro in charge of payment system overhaul

The Federal Reserve has named Dave Sapenaro as payments strategy director with responsibility for leading payment system improvement initiatives described in its "Strategies for Improving the U.S. Payment System" paper published in January 2015.

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'Tinder for loans' crowdvouching service Suretly raises $2.8m

Suretly, an international fintech startup that offers crowd-sourced guarantees for micro-loans, secured its minimum funding of $1.5 million USD in a matter of hours.

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Estonia ponders launch of its own digital currency

In yet another demonstration of its reputation as the world's leading digital nation, Estonia is considering the introduction of its own government-backed digital currency.