28 August 2015

All innovation news

Kenya's NIC Bank links to Twitter and WhatsApp

26 August 2015  | 0 comments | 27 tweets | 13 linkedin

Kenya's National Industrial Credit (NIC) Bank is set to enable customers to view their balances and make payments via WhatsApp, Facebook and Twitter.

Australia's bid to develop a fintech sector has taken a step forward with the opening of a new incubator in Sydney

FIS opens Indian financial inclusion lab

25 August 2015  | 1 comments | 14 tweets | 2 linkedin

Fintech giant FIS has opened a financial inclusion lab in the Indian city of Bengaluru (Bangalore) that will work on developing ways to bring banking to the country's millions of underserved citizens.

US payments and lobby group The Clearing House has called for legislative measures to rein in non-bank startups hitching a free ride on banking rails.

Venture capital firm Andreesen Horowitz is sharpening its focus on fintech with the appointment of serial entrepreneur and TrialPay founder Alex Rampall as a general partner.

Telcos and tech firms get Indian payment bank licences

19 August 2015  | 5 comments | 34 tweets | 19 linkedin

In a move designed to boost financial inclusion, the Reserve Bank of India has given "in-principle" approval to 11 applicants - including telcos, tech firms and the country's postal service - seeking to set up so-called payments banks.

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