Innovation

3452 articles tagged with this keyword

/Innovation

Matchi opens global fintech challenge

Innovation matchmaking platform Matchi has launched a global fintech innovation challenge, inviting aspiring startups to pitch working prototypes to a pool of global banks.

/Innovation

Robinhood raises $13m for commission-free stock trading app

Robinhood, the startup behind a no-commission stock trading app, has raised $13 million in a series a funding round led by Index Ventures and joined by celebs including Snoop Dogg.

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Kabbage makes play for consumer loans with launch of Karrot

Kabbage, the online platform for merchants looking to borrow working capital, is to enter the market for personal loans with the launch of a new consumer lending service, Karrot.

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Ripple signs first two US banks

Open source payments outfit Ripple Labs has snared deals with two US banks who plans to use its real-time settlement protocol for cross-border money transfers.

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Heartbeat authentication firm Bionym raises $14 million

Heartbeat authentication firm Bionym has raised $14 million on the back of a pre-launch order book for 10,000 of its wearable bracelets.

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CommBank invites customers to find lost wallets in online treasure hunt

Commonwealth Bank of Australia has launched an online virtual treasure hunt, challenging customers to scour through a detailed panoramic photo of Sydney to find one of ten yellow wallets hidden in secret locations across the city.

/Innovation

Bitcoin price lifts as Paypal wades in

PayPal has partnered with three of the leading bitcoin processors to enable support for the crypto-currency among its digital merchants.

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Much-hyped Clinkle underwhelms at launch

Stealth mobile wallet startup Clinkle, which snaffled up close to $30 million in VC funds with a promise to disrupt payments forever, has launched its much-hyped product to hoots of derision from industry observers.

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Citi launches Mobile Challenge

Citi is running a competition to encourage individual developers, teams and companies from around the world to create innovative mobile banking and payments applications.

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Sun Life Financial sees positive returns from gamification programme

Canada's Sun Life Financial is hailing the success of an online gamification programme in motivating participants to increase their investments in workplace retirement savings plans.

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London gets new startup fund

A new venture capital fund focusing on early-stage businesses in need of Series A financing has launched in London, reinforcing the UK capital's status as a magnet for tech startups.

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Finextra expands into North America

Just as fintech steps from the shadows into the mainstream, Finextra is establishing a local North American editorial presence.

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London event challenges fintech-types to launch a startup in a weekend

Fintech developers, designers and entrepreneurs are being invited to gather in London next month for a 54-hour hackathon that could see them win help from industry heavyweights to develop their ideas.

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Rabobank introduces QR code-based online banking authentication

Rabobank is tapping Vasco Data Security technology for a new security system that authenticates online customers through high definition QR codes.

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MasterCard envisions biometric future

MasterCard is claiming a 98% success rate for pilot trials of a biometric verification system combining both voice and facial recognition.

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Westpac launches innovation challenge

Westpac has teamed up with venture technology accelerator BlueChilli to challenge Australia's startups to develop ways to help the bank's business customers.

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Simple adds support for TouchID and Android Wear

US neo-bank Simple has added support for Apple's TouchID and Android-powered wearable devices, as it bids to reclaim its credentials as an innovator in financial services following complaints from customers about buggy software issues on its platform.

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Gates Foundation launches challenge to boost mobile money acceptance

The Bill & Melinda Gates Foundation is aiming to accelerate the adoption of digital payments in the developing world by offering grants to firms that make it easy for small merchants to accept mobile money.

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TransferWise makes push for the mainstream with TV ad mocking banks

With an overhauled website and mobile app to show off, London-based currency exchange startup TransferWise has stepped up its assault on the banking industry in its first TV ad.

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Bangladesh threatens jail time for bitcoin users

Bangladesh's central bank has warned that anyone using bitcoin in the country could face a jail term of up to 12 years.