Innovation

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/Innovation

Standard Chartered supercharges fintech accelerator graudates

Standard Chartered has initiated proof-of-concept trials on robo-advisory services and blockchain with two startups graduating from Hong Kong's SuperCharger Fintech Accelerator programme.

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UK government takes regtech delegation to New York

Innovate Finance members will be joining a RegTech delegation to New York City this week, organised by the Department for International Trade (DIT).

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NAB and Telstra enlist millennials to uncover new ideas for financial fitness

NAB and Telstra have teamed up to create new opportunities that empower Millennials to develop stronger financial habits by uncovering digitally driven solutions.

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SocGen gears up for second round of Indian innovation programme Catalyst

Catalyst, an accelerator program that was created by Societe Generale in 2016 to promote open innovation, is launching its second edition this year.

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National Bank of Cambodia inks DLT development deal

The National Bank of Cambodia is teaming up with distributed ledger technology specialist Soramitsu to develop the use of the Hyperledger Iroha software framework for a possible new payment infrastructure.

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EC plans blockchain 'observatory'

The European Commission is pumping EUR500,000 into a blockchain and distributed ledger technology 'observatory' and forum to help it build up its knowledge and expertise on the subject.

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BMO Harris Bank partners Chicago's 1871 on fintech mentorship programme

BMO Harris Bank today announced a partnership with 1871 – a leading technology and entrepreneurship ecosystem which is currently home to nearly 500 high-growth digital startups in the Merchandise Mart – that will provide a select group of FinTech startups the opportunity to participate in a three-month mentorship program.

/Innovation

European Central Bank seeks DLT project lead

The European Central Bank is in the market for a senior technology executive with three years of practical experience in distributed ledger applications and front and back office project management expertise.

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Asic signs fintech co-operation agreement with Indonesia's OKJ

The Australian Securities and Investments Commission (ASIC) and Indonesia's Otoritas Jasa Keuangan (OJK) have entered a Cooperation Agreement to promote innovation in financial services in their respective markets.

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Barclays Bank goes in search of the next Paypal at African accelerator

Barclays Bank says it wants to find the next Paypal after selecting the second cohort of 10 companies to participate in its African accelerator programme.

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Coinbase plans Ethereum messaging app

Bitcoin exchange and virtual wallet operator Coinbase is bidding to emulate China's hugely popular WeChat through a new unit that will offer a secure messaging app, an Ethereum wallet and a browser for Ethereum apps.

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Startupbootcamp opens African accelerator

Startupbootcamp announced today the launch of their new accelerator program opening in Cape Town.

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Edward Jones partners with SixThirty to support financial technology startups

Financial services firm Edward Jones today announced a multi-year partnership with SixThirty, a St. Louis-based venture fund that invests in financial technology (FinTech) startup companies.

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Malaysian central bank calls for participation on Fintech Hacks

The Financial Technology Enabler Group (FTEG) has announced that it is seeking ideas from the public on the improvements to financial services sector by harnessing innovation and technology.

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Revolut founder hits back at Brexit scaremongers

As a new round of reports suggest a rebound in fintech spending by VCs in London, the founder and CEO of Revolut has hit out at the doom-mongering about Britain's post-Brexit future by his peers at Transferwise and Azimo.

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Nomura sets up Indian fintech programme; creates $92 million startup investment fund

Japanese investment bank Nomura has set up a fintech programme in India, inviting entrepreneurs to join it at a Mumbai base to build new tools for capital markets.

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South Korea makes coinless society push

As it bids to become a coinless society by 2020, South Korea is preparing a pilot that will give shoppers the chance to receive their change in the form of a top-up to prepaid cards.

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Robo-advisor Wealthfront moves into lending

Robo-advisor Wealthfront is moving into lending, enabling customers to borrow against their investment accounts.

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Nasdaq formalises fintech venture programme

Nasdaq has launched a dedicated venture investment unit to identify and collaborate on new technologies with fintech companies worldwide.

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Accenture invites applications for Asia Pacific accelerator

Applications will soon open for Asia-Pacific’s fourth annual FinTech Innovation Lab, Accenture’s (ACN) 12-week program that helps early- and growth-stage fintech companies accelerate product and business development by gaining exposure to top financial institution executives.