Innovation

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BNY Mellon joins Singapore's ethical AI alliance

BNY Mellon, a global leader in investment management and investment services, announced that it has joined with other financial industry market participants to create a framework for financial institutions to promote the responsible adoption of artificial intelligence and data analytics (AIDA).

/ai

Italian Banking Association opens AI hub

In an effort to share knowledge and experience from across the banking sector, ABI Lab, the banking research and innovation centre promoted by the Italian Banking Association (ABI), has created a new Centre of Expertise on Artificial Intelligence, the Artificial Intelligence Hub (AI Hub).

/devops

Offline payments app wins Temenos Innovation Hackathon

Temenos (SIX: TEMN), the banking software company, today announced the winners of the largest Temenos Innovation Hackathon to-date, which used the extensive ecosystem of open APIs available on its Developer Portal.

/Innovation

HKMA forges blockchain pact with People's Bank of China; works on CBDC exchange with Thailand

The HKMA used Hong Kong Fintech Week to highlight a series of initiatives aimed to foster the fintech ecosystem in Hong Kong.

/Innovation

ABN Amro exchanges blockchain knowledge at trade mission to Singapore

How can we work together with other banks and public organisations to detect financial crime?

/Innovation

Benoît Cœuré to head BIS Innovation HUB

The Board of Directors of the Bank for International Settlements (BIS) on Sunday appointed Benoît Cœuré as Head of the new BIS Innovation Hub, set up to foster international collaboration among central banks on innovative financial technology.

/startups

Singapore Fintech Association and Indian Chamber of Commerce agree fintech pact

Singapore Fintech Association (SFA) and the Federation of Indian Chambers of Commerce and Industry (FICCI) today inked a partnership agreement to share information about FinTech and collaborate on mutually beneficial initiatives that would further the development of the FinTech industry in both countries.

/startups

MAS selectes 20 finalists for 2019 Global Fintech Hackcelerator

The Monetary Authority of Singapore (MAS) announced today the 20 finalists for the Global FinTech Hackcelerator.

/Innovation

First cross-border fintech programme between India, Greater China and South East Asia launches

FT Slingshot, a new programme for Indian FinTechs, has launched at Hong Kong FinTech Week.

/Innovation

BNP accelerator doubles floor space

BivwAk! supports the transformation and ongoing development of BNP Paribas through a unique set of resources to help entities, teams and employees bring their projects to life, take an active part in their own future, and deal with the complexity of their ecosystem.

/Innovation

BondEvalue to test blockchain-based fractional bond trading platform in MAS sandbox

Singapore-based BondEvalue today announced that it has been approved to enter the Monetary Authority of Singapore’s (MAS) Sandbox Express to launch a blockchain-based bond exchange.

/Innovation

South Korea begins Open Banking pilot

The open banking system will be pilot-launched in the banking sector on October 30. During the pilot-run period, the government will conduct a comprehensive assessment of the system and make adjustments if necessary before opening the system to fintech firms on December 18.

/Innovation

BNY Mellon joins Asean Financial Innovation Network

BNY Mellon, a global leader in investment management and investment services, is reaffirming its commitment to being a leader in Singapore’s vibrant and emerging fintech and innovative technology environment.

/payments

Wirecard joins working group on autonomous vehicles

Wirecard, the global innovation leader for digital financial technology, is once again demonstrating its pioneering spirit by forming a strategic partnership with mobility visionary Rinspeed together with other companies such as SAP, DEKRA, Zurich Insurance and Osram.

/startups

National Bank of Canada launches Innovation Competition

National Bank is launching the Innovation Competition, a large-scale challenge that will bring together Canadian fintech startups, students and other teams of individuals from across Canada.

/Innovation

Accenture, SAP and R3 build currency token prototype for connecting RTGS to Corda blockchain

Accenture (NYSE: ACN), SAP SE (NYSE: SAP) and R3 are collaborating and co-innovating to build a real-time gross settlement system that will enable faster, more efficient, reliable and secure payments between banks and customers.

/startups

Mastercard bundles startup programmes under Accelerate brand

Mastercard today launches Mastercard Accelerate, a global initiative that simplifies the way that Mastercard works with fintechs, giving them access to everything they need to grow quickly.

/Innovation

Fintech North heads to Liverpool

Hot on the heels of September’s sold-out inaugural Newcastle conference, FinTech North will be making its way to Liverpool for another full-day FinTech event.

/Innovation

Tommy Marshall named Georgia FinTech Academy exec director

The University System of Georgia named digital financial services leader Tommy Marshall executive director of the Georgia FinTech Academy effective October 21.

/startups

Japan's Credit Saison creates VC for investment in overseas fintech startups

Credit Saison Co., Ltd. (Tokyo Stock Exchange First Section (8253); Head Office: Toshima-ku, Tokyo; President and COO: Masahiro Yamashita; hereinafter “Credit Saison”) established Saison Capital Pte. Ltd. (hereinafter “Saison Capital”) in Singapore. Saison Capital is a company focused on financing of and investment in early-stage startup companies outside Japan.

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