Innovation

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Starling Bank spreads its wings (and crashes)

/Innovation

Starling Bank spreads its wings (and crashes)

Starling Bank is finally spreading its wings, releasing a beta version of its current account app to customers on its waiting list.

/Innovation

TerraPay supports GSMA push for standardised mobile APIs

TerraPay, a mobile-first international payment network, today announced that it has been working with the GSMA to ensure TerraPay compatibility with the recently rolled out standardized mobile money APIs.

Poland's mBank sets up EUR50 million fintech fund

/Innovation

Poland's mBank sets up EUR50 million fintech fund

Poland's mBank has set up a EUR50 million fintech investment fund and accelerator project to invest in startups in Central and Eastern Europe.

Middle East and North Africa braces for fintech boom

/Innovation

Middle East and North Africa braces for fintech boom

The Middle East and North Africa (Mena) is set to experience a boom in fintech innovation over the next three years, propelled by a large unbanked population, VC inflows and the rapid emergence of a host of new startups, according to a state of the nation report prepared by local payment services outfit Payfort and entrepreneurial platform Wamda.

/Innovation

OCC issues draft revision to Licensing Manual for fintechs seeking bank charter status

The Office of the Comptroller of the Currency (OCC) today provided additional detail on evaluating national bank charter applications from financial technology (fintech) companies that engage in the business of banking.

Bank of Ireland invites applications for New York startup space

/Innovation

Bank of Ireland invites applications for New York startup space

Irish startups looking to break into the US market are being invited by Bank of Ireland to apply for a spot at a new incubation space in New York city.

BBVA opens fintech Olympics

/Innovation

BBVA opens fintech Olympics

BBVA has amassed a EUR200,000 prize pot for the ninth edition of its Open Talent innovation competition, which the Spanish bank is billing as the world's biggest fintech challenge.

/Innovation

Accenture opens NY innvovation centre for finance and risk

Accenture (ACN) has opened the Innovation Center for Finance & Risk in New York to help financial services clients quickly develop and scale advanced data and analytics capabilities.

New advertising contract exchange taps Nasdaq for blockchain tech

/Innovation

New advertising contract exchange taps Nasdaq for blockchain tech

A new exchange for trading advertising contracts is entering its pilot phase, enlisting Nasdaq for a tech setup that will see it deployed in the cloud and run on blockchain technology.

Piraeus Bank opens automated 'e-branches'

/Innovation

Piraeus Bank opens automated 'e-branches'

Piraeus Bank in Greece has opened three fully-automated bank branches featuring an array of modern technology and remote cashiers beamed in to help customers perform routine transactions

SolarisBank raises EUR26.3 million

/Innovation

SolarisBank raises EUR26.3 million

German banking-as-a-service platform solarisBank has confirmed a EUR26.3 million funding round from a cohort of international investors, including Arvato Financial Solutions - the financial services subsidiary of local media outfit Bertlesmann - and Japan's SBI Group.

Scotiabank to fund research into cyberattacks and risk modeling

/Innovation

Scotiabank to fund research into cyberattacks and risk modeling

Scotiabank is to fund a $2 million cybersecurity and financial risk initiative at the University of British Columbia.

/Innovation

Blockchain outfit BTL adds former Visa innovation exec Jon Downing to advisory board

BTL Group LTD. (TSX VENTURE:BTL) ("BTL") is pleased to announce the addition of Jon Downing to BTL's advisory board.

/Innovation

Eurobank to run fintech hackathon

Eurobank organizes the 2nd regional FinTech Competition “Beyond Hackathon” which is going to take place, on 17 – 19 of March 2017, at Eurobank premises at Nea Ionia (building H) in cooperation with the business partners, Found.ation & The Cube.

/Innovation

US fintech index tracked by Source

Source has launched Europe’s first-ever UCITS fund focused solely on financial technology (“fintech”) companies. Fintech is one of the biggest growth stories of the century so far but, until now, there hasn’t been an easy way to get broad exposure.

/Innovation

Blockchain-based banking startup Babb signs infrastructure and licensing deal with Contis

The Company is building a banking platform based on a “permissioned” Ethereum blockchain implementation of a distributed ledger using smart contracts technology.

/Innovation

Percentile to embark on regtech trade mission to NY

Percentile, leading innovator in risk management and RegTech, today announced that it has been selected by the UK’s Department for International Trade (DIT) to be part of the first UK RegTech mission to New York City, taking place 24-28 April during NY’s Fintech week.

/Innovation

PwC and Startupbootcamp chart fintech maturity

In a new report, ‘The start-up view: a year in FinTech’, Startupbootcamp and PwC analyse application data from Startupbootcamp’s FinTech accelerator programme as well as the volume of deals in the UK FinTech market in 2016.

/Innovation

Latvia's Rietumu invites applicants for third fintech startup contest

This spring the international contest of startups Rietumu FinTech Challenge 2017 will be held in Latvia for the third time.

/Innovation

Japan and Singapore establish fintech co-operation framework

The Financial Services Agency (FSA) of Japan and the Monetary Authority of Singapore (MAS) announced the establishment of a Co-operation Framework to enhance FinTech linkages between both countries.

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