Tagged: competition

Big Techs: BIS Official Says Current Financial Regulations Not “Fit for Purpose”

A senior board member at the Bank for International Settlements (BIS) has asked for a coordinated regulatory response in order to limit the incursions of Big tech companies such as Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOG) into financial services. The senior office argued that… Read More

Ecobank Group Launches Fintech Challenge for Financial Tech Industry Entrepreneurs

Ecobank Group has introduced the fifth edition of the Ecobank Fintech Challenge and encourages Fintech entrepreneurs to enter the competition. Fintechs that are “aligned with the Bank’s strategic objectives stand a chance to win an overall cash prize of US$50,000 for the top winner and… Read More

Deutsche Bank Announces Winner of the 2020 Female FinTech Competition

Deutsche Bank announced on Friday it has named Nuggets as the winner of the 2020 Female FinTech Competition. Deutsche Bank noted that it ran the competition alongside Atos, Google Cloud, and TechQuartier. The competition invited fintech companies with a female founder or female(s) in the… Read More

InsurTechNY Announces New Global InsurTech Competition

InsurTechNY, an InsurTech community that is based in the New York metro area, announced on Tuesday it has opened applications for the 2020 InsurTech Startup Competition. According to InsurTechNY, the competition has two tracks and will award $300,000 in prizes to the six winning teams. Startups in… Read More

BBVA Announces First 2019 Open Talent Finalists

BBVA announced on Tuesday the first set of finalists in the eleventh edition of BBVA Open Talent, which BBVA claims is the world’s biggest fintech competition. According to the banking group, more than 800 start-ups from across the globe have entered this latest edition of… Read More

Visa Announces Global Competition Focused on Celebrating Women Entrepreneurs

Visa announced on Wednesday it is now seeking all women entrepreneurs for its first Visa Everywhere Initiative: Women’s Global Edition. The credit card giant revealed the global program invites women entrepreneurs from around the world to tackle FinTech and Social Impact challenges for a chance… Read More

BBVA Announces Finalists For Open Talent Fintech Competition

BBVA has announced the finalists of Open Talent, the world’s biggest fintech competition. As previously reported, BBVA revealed that this year’s competition is looking for “the best and brightest” ideas that will shape the future of financial services, with three prizes available.  “The competition looks for the… Read More

Crowdcube Announces Partnership With UK Plant-Based Pitching Competition “Pitch + Plant”

Equity crowdfunding platform Crowdcube announced on Thursday it has formed a new partnership with UK’s plant-based pitching competition, Pitch + Plant. According to the funding portal, the competitions creators, Vevolution and BRIGHT, are providing plant-based businesses with the opportunity to win up to 100,000 in… Read More

CFTC’s Fintech Innovation Initiative LabCFTC is Crowdsourcing Science Prize Competition Act

LabCFTC, the Commodity Futures Trading Commission’s (CFTC) Fintech initiative, is requesting public input to gather ideas and topics for innovation competitions to advance the agency’s Fintech goals. “We launched the LabCFTC initiative to stimulate and promote market-enhancing Fintech solutions,” said CFTC Chairman J. Christopher Giancarlo…. Read More

BBVA Announces New Categories For BBVA Open Talent Fintech Competition

BBVA announced earlier this week new categories for its upcoming BBVA Open Talent fintech competition. The company reports that this year’s competition is looking for “the best and brightest” ideas that will shape the future of financial services, with three prizes available. BBVA then revealed a… Read More

Invesdor Joins Forces With InvestorConnected to Launch PitchPerfect Competition

Equity crowdfunding platform Invesdor announced on Thursday it has teamed up with InvestorConnect to launch a new competition called PitchPerfect. The funding portal describes the competition as a “Dragons Den meets strictly come dancing for a fun and innovative pitching competition.” The event will take place on… Read More

Competition Counts: Former FCA Innovation Lead Shares Experience at UK Regulator, Explains New Role at Cambridge Centre for Alternative Finance

The Cambridge Centre for Alternative Finance (CCAF) is the leading research authority on global innovations in finance. Over the past several years, CCAF has produced benchmark reports tracking the growth and evolution of all forms of Fintech around the world. These reports have become valued… Read More

Fintech Competition BBVA Open Talent Celebrates Tenth Year

BBVA Open Talent, a fintech competition, announced on Monday it will this year mark its tenth anniversary by working with more start-ups than ever before. Organizers revealed that the competition will look to find the very best fintech ideas from anywhere in the world before… Read More

Nesta: Global Open Up Challenge Offers £2.5 Million Prize Fund to Support Fintech for Small Business

UK based Innovation Foundation Nesta has opened applications for the Open Up Challenge, a £2.5 million prize fund backing next-generation Fintech for small businesses. This is a global competition and Nesta encourages aspiring Fintech companies from around the world to apply. Both start-ups and established… Read More

The European Commission is Awarding €5 Million for “Blockchain for Social Good”

The European Commission recently launched a competition seeking new Blockchain tech creating solutions for positive social change. The new Horizon Prize is called “Blockchains for Social Good” and the competition will see €5 Million handed out in increments of € 1 million for five different recipients…. Read More

Quesnay Announces Inaugural Female Founders in Tech Competition: Seeks to Recognize Female-Led Fintech & Insurtech Startups

Startup consulting firm Quesnay announced on Monday the launch of its inaugural Female Founders in Tech competition, which aims to address the gap in female leaders by recognizing and supporting female-founded startups that impact the financial services and/or insurance technology industries. Jennifer Byrne, president of Quesnay,… Read More

DOV-E Named Winner of BBVA’s Open Talent Global Trends Fintech Competition

Earlier this week, BBVA named DOV-E the winner of its Open Talent FinTech for Companies Challenge. As previously reported, the company revealed that it launched the “fintech games” in order to find the most innovative startups across the world to provide opportunities for. Based in Israel, DOV-E provides… Read More

Bank of England: Effective Competition & Financial Service Regulation

Earlier this month, the Bank of England published a staff working paper entitled, “Competition and prudential regulation”. The document is the work of Paul Fisher, former Deputy Head of the Prudential Regulation Authority (PRA) and Executive Director for Supervisory Risk and Regulatory Operations, and Paul A Grout,… Read More

Nesta Reveals 20 Fintechs Competing to Win £5 Million in the “Open Up Challenge”

Nesta , a global innovation foundation, has announced the twenty Fintech firms that will participate in the Open Up Challenge. Nesta announced the competition this past February. The Open Up Challenge is a global search for organizations who would use new open banking Application Programming… Read More

On a Mission: FCA Updates Mission & Business Plan, Shares Challenges of Fintech

The Financial Conduct Authority (FCA) released an update this week on both their mission and an accompanying business plan. The lead securities and market regulator, posted its broad strategic objectives, as determined by Parliament; To ensure that relevant markets function well – and three operational… Read More

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