The Canadian Imperial Bank of Commerce (CIBC) is backing a new data hub in the city of Waterloo, posting a team of data scientists at the spot to work with local students and fintech startups.
Digital bank Monzo is putting its API developer plans on ice as it faces up to the challenge of launching current accounts for its 190,000 customers.
Mizuho is joining forces with World Innovation Lab to create a joint venture company that will pair with startups from Japan and the US to create new business services utilising fintech innovations and the Internet of Things.
KPMG is looking to cash in on the growing trend for bank/startup collaboration with the acquisition of fintech matchmaking platform Matchi.
Mobile-only banking platform N26 has partnered with Raisin to open access to savings accounts from banks across Europe.
BNP Paribas is to locate its Plug and Play accelerator at Parisian startup campus Station F as part of a partnership programme that will see the bank become a first port of call to meet the financing needs of emerging technology firms at the site.
A collection of Ohio financial services firms, including KeyBank and FifthThird, have banded together to back a new fintech accelerator in the state.
The fast-growing personal finance app sector welcomes two new players today - Current, an allowance management service for parents and their kids, and millennial-targeting Empower.
Open financial data reforms, a loosening of capital restrictions and barriers for banking licences, an expanded regulatory sandbox and digital currency tax cuts are among the major initiatives in the 2017-18 Australian budget welcomed by Australia’s fintech community.
Sixty organisations representing a broad cross-section of fintech businesses across Europe have joined forces to protest against new rules by the European Banking Authority that would ban screen scraping of customer data from online banking interfaces under the revised Payment Services Directive (PSD2).
© Finextra Research 2017