28 September 2016
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Thailand sets up fintech sandbox
Retail banking

Thailand sets up fintech sandbox

22 September 2016  |  5652 views  |  0 comments | 18 tweets | 8 linkedin

Thailand is the latest country preparing to open a fintech regulatory sandbox, with the central bank set to invite firms to participate early next year.

Nationwide says technology is great, but sometimes face-to-face is better
Retail banking

Nationwide says technology is great, but sometimes face-to-face is better

22 September 2016  |  4173 views  |  0 comments | 9 tweets | 21 linkedin

The UK's Nationwide Building Society has launched a national TV advertising campaign extolling the virtues of branch--based banking.

P2P insurance startup Lemonade launches with charity pledge
Start ups

P2P insurance startup Lemonade launches with charity pledge

21 September 2016  |  4601 views  |  1 comments | 6 tweets | 5 linkedin

Lemonade, a peer-to-peer insurance company, has launched in New York state, where it hopes to take on traditional players through a mix of clever technology and a charitable component.

Wealth management firms to embrace tech and see off fintech insurgents - report
Mobile & online

Wealth management firms to embrace tech and see off fintech insurgents - report

21 September 2016  |  4609 views  |  0 comments | 11 tweets | 13 linkedin

Wealth management firms are falling short of client expectations when it comes to their use of technology, but established players in the field are likely to respond well to the digital revolution and will not be displaced by fintech insurgents, new research from Roubini ThoughtLab suggests.

CIBC, NAB and Bank Leumi form innovation alliance
Retail banking

CIBC, NAB and Bank Leumi form innovation alliance

21 September 2016  |  4041 views  |  1 comments | 10 tweets | 6 linkedin

Canadian Imperial Bank of Commerce, National Australia Bank and Israel's Bank Leumi have formed an "innovation alliance" that will see them share strategies for improving client services in the digital age.

Financial fraudsters hit every 15 seconds over the past six months
Security

Financial fraudsters hit every 15 seconds over the past six months

21 September 2016  |  3055 views  |  0 comments | 7 tweets | 7 linkedin

More than one million incidents of financial fraud occurred in the first six months of 2016, according to official figures released by Financial Fraud Action UK (FFA UK), representing a 53% increase compared to the same period last year,

MarvelStone Group to launch 'world's largest' fintech hub in Singapore
Retail banking

MarvelStone Group to launch 'world's largest' fintech hub in Singapore

21 September 2016  |  3639 views  |  0 comments | 7 tweets | 2 linkedin

Asian investment house MarvelStone group is laying claim to the creation of the world's largest fintech hub, Lattice80, which will open in Singapore's Central Business District in November.

The Clearing House to use IBM Power backbone for real-time payments
Retail banking

The Clearing House to use IBM Power backbone for real-time payments

21 September 2016  |  3583 views  |  0 comments | 14 tweets | 7 linkedin

The Clearing House is to use an IBM Power8-based system infrastructure running Linux and AIX operating systems as the hosting platform for its forthcoming move to real-time payments.

JPMorgan Chase partners InvestCloud for digital wealth management
Retail banking

JPMorgan Chase partners InvestCloud for digital wealth management

21 September 2016  |  5211 views  |  0 comments | 6 tweets | 7 linkedin

JPMorgan Chase is buying a stake in InvestCloud as part of a deal that also sees the bank enlist the Californian fintech startup to boost its digital capabilities for individual investors. The size of the investment has not been revealed.

Banks test blockchain for reference data management
Blockchain

Banks test blockchain for reference data management

20 September 2016  |  8920 views  |  0 comments | 18 tweets | 28 linkedin

In the latest blockchain experiment carried out under the R3 banner, major banks including Citi and HSBC are looking into how distributed ledger technology can be used to simplify reference data processes.

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