3451 articles tagged with this keyword
News/Innovation
Lloyds Bank customers may soon be able to use their contactless debit card as a way of securely authenticating their identity when setting up the mobile banking app on an NFC-enabled device.
06 July 2015
A distributed blockchain system has the potential to completely upend post-trade infrastructure, leaving many current market players redundant, according to a BNP Paribas analyst.
Venture capital investment into Britain’s technology companies has hit a record high of nearly $1.5bn during the first six months of this year, with London-based fintech firms leading the charge.
03 July 2015
With Sweden recently staking a claim as a fintech hotspot, Stockholm-headquartered Nordea has moved to grab a slice of the action by setting up an accelerator programme with Finnish innovation agency Nestholma to nurture small businesses developing digital banking services across the Nordics.
Indian IT services group Infosys is to set aside $10 million from its $500 million innovation fund to invest in Irish startups on the back of a new outsourcing deal with Allied Irish Bank.
ING has appointed Benoit Legrand to the newly-created role of head of fintech, charging him with developing a strategy for how the bank deals with financial technology firms.
02 July 2015
Citi has been exploring distributed ledger technology for years, building three blockchains and creating its own crypto-currency, dubbed Citicoin, the banking giant has told International Business Times.
Singapore has committed S$225 million over the next five years to a scheme designed to build a vibrant ecosystem for innovation in fintech.
01 July 2015
Bitcoin exchanges are reporting a surge in interest from Greek users faced with shuttered banks and capital controls.
30 June 2015
UK banking startup Mondo - established by a team who flew the nest at fledgeling challenger Starling - is to meet with the Bank of England on Wednesday to make its case for approval for a full banking license after raising £2 million in funding from Passion Capital.
The managing director of Britain's new Payments Systems Regulator has bemoaned a lack of innovation in the back-end infrastructure of payments, and warned that she will step in if industry does not up its game.
29 June 2015
UK pensions annuity outfit Partnership has become the first financial services brand to launch a Google Cardboard App
Thirty six fintech startups in France have banded together in a bid to foster a national ecosystem for innovation in financial services.
Barclaycard is rolling out three new wearable payments devices - a wristband, fob and sticker - that can be used to make ‘touch and go’ contactless payments across the UK.
Digital Asset Holdings, the cryptocurreny outfit helmed by former JP Morgan big wig Blythe Masters, has acquired one-time Innotribe startup finalist Hyperledger.
26 June 2015
Global investment in financial technology tripled last year to hit $12.2 billion, with the US market dominating, according to a report from Accenture and the Partnership Fund for New York City.
25 June 2015
DBS Bank has launched a dedicated 5000 square foot workspace in Hong Kong to act as a springboard fintech startups with mentoring and support.
Nasdaq has enlisted blockchain infrastructure provider Chain for its project to use digital ledger technology for the issuance and transfer of private company securities.
24 June 2015
Visa Europe's investment in the booming fintech startup scene is beginning to take shape, with the card scheme claiming to have established relationships with 100 entrepreneurs with fresh ideas for transforming payments in its first 100 days.
St Louis-based fintech accelerator SixThirty is inviting applications for its Autumn cohort, where later seed-stage startups can draw down up to $100,000 in funding and participate in a 14-week mentorship and pipeline-building programme.
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