21 August 2017
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German fintech factory FinLeap raises EUR39 million
Start ups

German fintech factory FinLeap raises EUR39 million

17 July 2017  |  15978 views  |  0 comments | 19 tweets | 16 linkedin

FinLeap, the startup platform behind Germany's solarisBank, has secured EUR39 million in equity capital to support its ongoing fintech incubation programme.

AIG and Standard Chartered run multi-national insurance policy via DLT
Wholesale banking

AIG and Standard Chartered run multi-national insurance policy via DLT

16 June 2017  |  11305 views  |  0 comments | 3 tweets | 5 linkedin

American International Group, IBM and Standard Chartered Bank have converted a multinational, controlled master policy written in the UK, and three local policies in the US, Singapore and Kenya, into a 'smart contract' that provides a shared view of policy data and documentation in real-time.

BNP Paribas jumps into virtual reality
Mobile & online

BNP Paribas jumps into virtual reality

30 May 2017  |  19037 views  |  0 comments | 23 tweets | 28 linkedin

BNP Paribas is the latest financial services firm to dabble in virtual reality, unveiling a VR-based app for retail banking customers and a 'teleportation' capsule for home buyers.

Law firms cosy up to UK fintech community
Security

Law firms cosy up to UK fintech community

06 March 2017  |  10535 views  |  0 comments | 15 tweets | 8 linkedin

Top law firm Slaughter and May is to give five fintech startups free legal services worth tens of thousands of pounds. Meanwhile, another law firm, Simmons & Simmons, is launching a fintech and regtech student support programme with London's Queen Mary University.

Anthemis secures insurtech investment partnership with Baloise
Retail banking

Anthemis secures insurtech investment partnership with Baloise

28 February 2017  |  4374 views  |  0 comments | 9 tweets | 1 linkedin

Swiss financial services group Baloise has committed CHF50 million with UK venture capital fund Anthemis to help source, execute and manage investments in startups across Europe, the UK and the US.

Global fintech funding plunges in 2016 but expected to regain momentum in 2017
Start ups

Global fintech funding plunges in 2016 but expected to regain momentum in 2017

21 February 2017  |  9975 views  |  1 comments | 24 tweets | 15 linkedin

Funding for fintech companies around the world plummeted in 2016, with American and European firms experiencing a particularly sharp drop in investment, according to a report from KPMG and PitchBook which nevertheless predicts a bumper 2017.

Kevin the bot uses blockchain to offer insurance for P2P transactions
Blockchain

Kevin the bot uses blockchain to offer insurance for P2P transactions

16 February 2017  |  13729 views  |  0 comments | 20 tweets | 15 linkedin

Madrid-based online reputation startup Traity has launched a chatbot that uses an "open blockchain balance sheet" to provide micro-insurance for people carrying out P2P transactions

China's fintech dragons roar
Start ups

China's fintech dragons roar

26 January 2017  |  8590 views  |  0 comments | 14 tweets | 9 linkedin

2016 was the year that China's fintech dragons roared, dominating VC spending while investment in some previously feted leaders in other parts of the world wilted, according to a report from Citi.

Japanese insurer to replace 30% of workers with AI
Artificial Intelligence

Japanese insurer to replace 30% of workers with AI

04 January 2017  |  5890 views  |  1 comments | 13 tweets | 9 linkedin

More than 30 workers at Japan-based Fukoku Mutual Life Insurance are set to be replaced by artificial intelligence (AI), according to Japanese daily The Mainichi.

MetLife opens virtual reality channel
Retail banking

MetLife opens virtual reality channel

21 December 2016  |  9733 views  |  0 comments | 10 tweets | 6 linkedin

MetLife in India has launched a new customer service platform available only through a virtual reality headset.

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