Italian bank Intesa San Paolo is looking to tap in to the creative talent of the Tel Aviv fintech hub, signing technology sharing and co-operation deals with Bank Leumi and the Italian Israeli Chamber of Commerce.
Stefano Favale, Head of Global Transaction Banking, Intesa Sanpaolo, explains the risks banks face with instant payments, and how they should be managing the move towards real-time.
Massimo Tessitore, Head of Direct Channels, Mobile Payment and E Commerce Department, Intesa Sanpaolo, discusses how banks can stay ahead of the digital payments innovation curve and how they can manage the fine balance of customer convenience and security.
Ferdinando Ametrano, Head of Blockchain and Virtual Currencies, Intesa Sanpaolo, discusses the relationship between bitcoin and blockchain, and outlines how banks can stay ahead of this evolving landscape.
Italian bank Intesa SanPaolo is talking to potential buyers as it looks to offload its payments division Setefi for around EUR1 billion, according to Reuters.
Israel is the latest country to get a dedicated fintech hub, as The Floor arrives in Tel Aviv promising to support startups disrupting the financial services industry.
Swift announces that, Intesa Sanpaolo, one of the top banking groups in the euro zone, has signed up for 3SKey, a multi-bank and multi-channel solution for corporates to securely authenticate and approve operations using digital signatures and strong authentication.
VSoft Corporation, a global provider of information and technology solutions for financial institutions, announced today that Intesa Sanpaolo selected its Payment Processing Solutions including Branch, Business Deposit and numerous Back Office products for its New York branch.
A London-based private equity firm, Apis Partners, has raised $157 million for a new fund focused on fintech startups in Africa and South Asia.
Deutsche Bank is the latest major financial institution to laud the potential of the blockchain, confirming that it is exploring the use of distributed ledger technology for everything from securities clearing and settlement to anti-money laundering registries.
© Finextra Research 2016