25 July 2017
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Citi taps into Cornell Tech talent
Blockchain

Citi taps into Cornell Tech talent

10 hours ago  | 0 comments | 4 tweets | 2 linkedin

Citi is teaming up with Cornell University, leasing space at the Ivy League school's engineering campus in order to engage with students and faculty on areas such as blockchain and machine learning.

An American company is inviting employees to get RFID chips that can be used to buy food in the office break room implanted in their hands.

In a bid to encourage tardy students to pay their tuition fees on time, Dutch institution Groningen University is set to start sending payments requests over ABN Amro's Tikkie app.

Betterment eyes profits, IPO on $70 million round
Retail banking

Betterment eyes profits, IPO on $70 million round

14 hours ago  | 0 comments | 4 tweets | 2 linkedin

Online financial advisory firm Betterment has raised $70 million, valuing the robo-advisory hybrid at $800 million.

Sydney fintech hub Stone & Chalk is extending its reach into Victoria, with founding CEO of Fintech Victoria, Alan Tsen, at the helm of its new Melbourne-based operations.

Emirates NBD launches 'FaceBanking'
Mobile & online

Emirates NBD launches 'FaceBanking'

16 hours ago  | 0 comments | 6 tweets | 6 linkedin

Emirates NBD is has launched 'FaceBanking', a live video chat service available online and via mobile calls.

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Industry task force sets out US path to faster payments
Payments

Industry task force sets out US path to faster payments

21 July 2017  | 0 comments | 4 tweets | 5 linkedin

A task force made up of hundreds of industry players brought together by the Federal Reserve has set out 10 recommendations to make payments in the US faster and more accessible by 2020.

Credit scoring startup Aire raises $5m; wins Zopa deal
Start ups

Credit scoring startup Aire raises $5m; wins Zopa deal

21 July 2017  | 0 comments | 8 tweets | 8 linkedin

AI-based credit scoring startup Aire has raised $5 million in a Series A funding round and won deals to work with P2P lending pioneer Zopa and the UK arm of Toyota Financial Services.

A Tribunal Court judge has blocked a £14 billion class action lawsuit against Mastercard for overcharging customers, agreeing that the claims were not suitable under the current collective actions regime.

Yet more deals announced in payments sector
Mobile & online

Yet more deals announced in payments sector

21 July 2017  | 0 comments | 7 tweets | 19 linkedin

Investors' interest in the payments sector continues to intensify with today's news that three of the largest private equity firms in the world have made bids to acquire stakes in payment providers.

Latest company announcements

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