Innovation

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/Innovation

Korean Fintech Centre to hold London demo day

Fintech Center of Korea will hold “FinTech Demo-day in London” event on July 22, 2016 to promote cooperation between the United Kingdom and South Korea in the fintech industry and pursue globalization of fintech innovation.

/Innovation

AmEx previews Facebook Messenger bot plans

American Express (AXP) today unveiled its plans to work with Facebook to explore innovative new experiences to interact with Card Members in Messenger.

/Innovation

Scotiabank appoints Shawn Rose as EVP, digital banking

Scotiabank (BNS.TO) (BNS.TO) announced today that it has appointed Silicon Valley technology leader Shawn Rose to the newly created position of Executive Vice President, Digital Banking.

/Innovation

Toronto's MaRS opens corporate innovation district

Today, MaRS announces the official opening of its corporate innovation district, the MaRS C Suite, with its founding sponsor CIBC. Located in the heart of the MaRS Centre, the suite acts as a bridge between corporate leaders and entrepreneurs.

/Innovation

Toyota Financial Services joins R3 distributed ledger consortium

Toyota Financial Services has joined financial innovation firm R3’s consortium to design and apply distributed and shared ledger-inspired technologies to global financial markets.

/Innovation

Mizuho turns to IBM for blockchain tech payment system

Mizuho Financial Group and IBM (NYSE: IBM) announced today a test of the potential of blockchain for use in settlements with virtual currency. By incorporating blockchain technology into settlements with virtual currency, Mizuho will explore how payments can be instantaneously swapped, potentially leading to new financial services based on this rapidly evolving technology. The pilot project uses the open source code IBM contributed to the Hyperledger Project.

/Innovation

Hyperledger Project gains seven new members

Hyperledger Project, a collaborative cross-industry effort created to advance blockchain technology, announced today that seven new members have joined to help create an open standard for distributed ledgers for a new generation of transactional applications.

/Innovation

Asian accelerator TLabs joins Stripe Atlas programme

TLabs, the leading Indian start-up accelerator, sets new horizons for the budding Indian establishments by joining the Stripe Atlas Network.

/Innovation

SixThirty fintech accelerator seeks startups

SixThirty, a St. Louis-based business development accelerator and venture fund that invests in late-seed stage financial technology (FinTech) startups, is accepting applications for its fall 2016 cohort.

/Innovation

Irish banks slow to adopt company-wide digital strategy

In Terms of Ownership of Digital Strategy, Senior Management are Stepping up to the Plate but a Case-by-case Approach is Still Favoured Over a Structured Over-arching Strategy

/Innovation

18 startups make the grade in BNP Paribas hackathon

The 2nd edition of the BNP Paribas International Hackathon took place last week-end in 8 countries simultaneously.

/Innovation

MasterCard welcomes new Start Path cohort

MasterCard today announced the 2016 summer class of its Start Path Global program – the company’s global effort to support innovative early-stage startups developing the next generation of commerce and fintech solutions.

/Innovation

TechUK publishes whitepaper on industrialising distributed ledger technology in financial services

techUK, the voice for the UK technology industry, has today published ‘The Industrialisation of Distributed Ledger Technology in Banking and Financial Services’, a new paper exploring how to industrialise distributed ledger technology.

/Innovation

Elavon opens up to Apple Pay

Elavon, a leading global payments solution provider and subsidiary of U.S. Bancorp (USB), provides access to Apple Pay and now supports the additional card brands most used by Canadian consumers.

/Innovation

Dragonfly Fintech selected to implement blockchain-based remittance platform

Singapore Dragonfly Fintech (DF), clinched a deal today to power Metro Money Exchange, a Malaysian licensed wholesale and money remittance company using the NEM's Blockchain Technology.

/Innovation

Accenture hits The Floor

Accenture (NYSE:ACN) has joined a new hub of financial technology (fintech) start-ups based in Tel Aviv, Israel dubbed “The Floor.”

/Innovation

Speech: Bank of Canada's Carolyn Wilkins on fintech and the financial ecosystem

It is no exaggeration to say that we are in the midst of a defining moment for innovation in financial services. Some expect that new technology will cause a complete disruption of traditional financial institutions, giving businesses and households access to more convenient and customized services.

/Innovation

FinLab showcases winners of $3 million fintech competition

Today the Financial Solutions Lab (“FinLab”) at the Center for Financial Services Innovation (CFSI) with founding partner JPMorgan Chase & Co. (NYSE:JPM) announced nine financial services innovators as the winners of its second competition, aimed at identifying solutions that help consumers prepare for – and weather – financial shocks.

/Innovation

Bank of Canada research highlights global trend towards faster payments

Research released today by Payments Canada and the Bank of Canada exploring payment system modernization initiatives around the world reveals a global trend towards infrastructure enhancements that support faster payments.

/Innovation

Swatch smart watch ticks NFC boxes with Oberthur

OT (Oberthur Technologies), a leading global provider of embedded security software products and services, announces a key partnership with Swatch, the renowned Swiss watchmaker and one of the world's most popular brands, to provide contactless payment to customers in Switzerland.

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