27 August 2014

Latest Innovation announcements


Nationwide backs Chancellor Osborne's call for fintech revolution

07 August 2014  |  1310 views  |  0

Nationwide welcomes Chancellor's speech on how technology can revolutionise the way we bank.


Global Payments signs referral agreement with BitPay

06 August 2014  |  848 views  |  0

Global Payments Inc. (GPN), one of the largest worldwide providers of payment solutions, today announced that it has signed a referral agreement with BitPay, the world leader in business solutions for the bitcoin digital currency.


OKCoin to commence trading in bitcoin futures

06 August 2014  |  1025 views  |  0

OKCoin, Inc., one of the world's largest bitcoin exchanges, today announced the addition of futures trading to its platform, becoming one of the first major bitcoin exchanges in the world to enable its users to trade futures denominated in bitcoin.


FCA to consult on social media rules

06 August 2014  |  918 views  |  0

The Financial Conduct Authority (FCA) has today launched a consultation which is intended to clarify its approach to the supervision of financial promotions in social media.


Vodacom redesigns m-pesa for South African market

04 August 2014  |  1367 views  |  0

First launched in Kenya in 2007, m-pesa is now used by more than 18 million people across 13 countries to perform banking and money transfer services via mobile phone.


First Data acquires mobile gift card startup Gyft

30 July 2014  |  2163 views  |  0

First Data, the global leader in payment technology and services solutions, has taken a key step to provide consumers with spending flexibility and help businesses grow through the acquisition of Gyft Inc., the Silicon Valley-based company that entered the $100 billion gift card market in 2012 and pioneered the concept of a mobile wallet for gift cards.


CoinTerra chooses CenturyLink data centres for bitcoin mining ops

30 July 2014  |  1475 views  |  0

CenturyLink, Inc. (CTL) today announced that it has signed a multi-megawatt data center deal withCoinTerra, Inc . to host CoinTerra's rapidly growing Bitcoin-mining operations in CenturyLink data centers.


Scottrade to sponsor SciVantage incubator programme

29 July 2014  |  995 views  |  0

Scivantage®, a Global FinTech 100 technology provider of information-enabled software dedicated to transforming complex information and processes into intuitive user experiences for the financial services industry, announced today a sponsorship by Scottrade, Inc., a leading investing services company, in support of the Scivantage FinTech Incubator Program.


Shoreditch startup Centtrip offers 14 currencies on a single pre-paid MasterCard

29 July 2014  |  2551 views  |  0

Introducing a whole new dimension to FinTech travel money, banking and payment card experience; Centtrip is the world's first prepaid MasterCard to offer 14 currencies on a single card at 'spread-free' exchange rates.


Square integrates automation service IFTTT to customise business operations

25 July 2014  |  1748 views  |  0

Today Square launched an integration with IFTTT (If This Then That). Sellers can now seamlessly integrate their Square data with IFTTT to trigger customized automated actions that streamline business operations and help their day run more smoothly.


IM-based money transfer app Payfriendz prepares to launch

18 July 2014  |  1520 views  |  0

The app Payfriendz - the first sociable way to send money to friends in real-time - is going to launch this week. With an integrated messaging function the app makes sending money to friends as easy, quick and fun as sending a picture or text message via WhatsApp.


Balderton Capital invests £3.8 million in Crowdcube

17 July 2014  |  638 views  |  0

One of Europe's largest venture investors, Balderton Capital, leads a £5m round with a £3.8 million stake in Crowdcube, the world's first and leading investment crowdfunding platform.


ING Direct taps crowd funding for social good

15 July 2014  |  1856 views  |  0

ING DIRECT is calling on Australia's most inspired go-getters to apply for their share of $100,000 of funding through Dreamstarter - an online initiative to get bold ideas for social change off the ground.


Leeds gets fintech accelerator

14 July 2014  |  1346 views  |  0

The first dedicated fintech accelerator outside London is being launched in Leeds in a move to help unlock and deliver on the "supercity of the north" potential and capitalise on the city region's strength in financial and digital services.


Braintree issues new SDK with support for PayPal

10 July 2014  |  1484 views  |  0

At Braintree, we bet big on mobile from day one. We started with the premise that mobile would quickly become the primary computing device for consumers, enabling seamless, context-driven experiences.


Netagio launches British bitcoin, gold and sterling exchange

10 July 2014  |  1346 views  |  0

Netagio, the UK-based digital currency broker, today announced the launch of the first and only British exchange enabling retail customers and institutional investors to trade gold, Bitcoins and GBP on a single peer-to-peer exchange platform.


Synchrony invests in mobile startup LoopPay

09 July 2014  |  1115 views  |  0

Synchrony Financial today announced the completion of a strategic investment in LoopPay, Inc., an innovative mobile payments platform company.


Anthemis sets up fintech fellowship

09 July 2014  |  1276 views  |  0

Anthemis Group is pleased to welcome AlphaCard, Credit Suisse, Suncorp and UK Trade & Investment (UKTI) as lead sponsors and partners of the inaugural class of the Anthemis Fellowship, for which three Fellows from Europe and North America have been chosen, who will spend a year-long programme working with Anthemis, startups and incumbent financial services firms to develop a thesis project focused on disruption and innovation in the industry.


Bitcoin startup Xapo raises $20m

08 July 2014  |  879 views  |  0

Today I'm excited to announce that Xapo has raised $20 million in Series A-1 funding. This round of funding was led by Greylock Partners and Index Ventures, with additional investments by Emergence Capital Partners, Max Levchin, co-founder of PayPal, Internet investor Yuri Milner, and Jerry Yang, founding partner of AME Cloud Ventures and co-founder of Yahoo!.


Ingenico backs Seedstars World startup competition

07 July 2014  |  1153 views  |  0

Ingenico Group (Euronext: FR0000125346-ING), global leader in seamless payment, announced its sponsorship of Seedstars World, a global competition designed to recognize and support innovative startups in emerging markets.

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