Global

February 8, 2020 @ 9:47 am By Leon Emes  |  

In my former life as an investment banker I didn’t really pay the world of Fintech much heed. In my mind, Fintechs were the reserve of tech-savvy millennials or early adopters and not something for a Generation X Luddite to pay much attention to. Even… Read More

February 7, 2020 @ 6:51 pm By Omar Faridi  |  

Traditional banks and other financial institutions need to go through a cultural transformation before they can successfully undergo a digital transformation, according to the chief technology advocate at Starling Bank, whose statements came during a recent panel discussion. The recent debate, which was an initiative… Read More

February 7, 2020 @ 4:44 pm By JD Alois  |  

Rnwl, an Insurtech startup founded by SyndicateRoom creator Gonçalo de Vasconselos, has revealed its intent to raise seed capital online. It is a natural decision for the company as Vasconselos got his start in the online capital formation sector of Fintech. But which platform should… Read More

February 7, 2020 @ 1:33 pm By Omar Faridi  |  

Multinational financial giant Standard Chartered (SC) has teamed up with Infor, an established business cloud software firm, in order to digitize the financial industry supply chain for SC’s customers. By using the “Infor Nexus” network, created by New York-headquartered Infor, SC aims to assist its… Read More

February 7, 2020 @ 6:45 am By Omar Faridi  |  

The Italian Ministry of Economy and Finance has reportedly begun a consultation on a Draft Decree on the evaluation criteria to test out Fintech projects in a sandbox environment. The ministry has appointed a Fintech Committee, which will be exploring various financial technology projects. The… Read More

February 6, 2020 @ 11:16 pm By Omar Faridi  |  

The Asian Development Bank (ADB) has launched the ADB Ventures platform in order to channel investments and extend support to Asian firms that are creating platforms for achieving the United Nations’ Sustainable Development Goals (SDGs). ADB’s investment fund is taking contributions from several different partners… Read More

February 6, 2020 @ 10:16 pm By JD Alois  |  

Dot, a digital transformation platform for offline to online commerce, has received $8 million in funding led by PayU and Fosun RZ Capital with participation from Info Edge Ventures and more. Dot was founded by PayU India’s ex co-founder Shailaz Nag. Dot says it currently… Read More

February 6, 2020 @ 5:14 pm By JD Alois  |  

The Startupbootcamp FinTech acceleration program in Mexico City, operated by Finnovista, has shared some info on its 3rd demo day which took place last week. According to Finnovista, over 200 key players within the financial industry and entrepreneurship community in Mexico City joined 10 Fintech… Read More

February 6, 2020 @ 4:12 pm By Omar Faridi  |  

Yseop, a 12-year-old France-based software development firm, recently introduced an enterprise-level natural-language generation (NLG) automated report generation solution, called the Augmented Analyst, in order to assist financial service providers with their digital transformation efforts. Yseop has reportedly worked cooperatively with Moody’s, BNP Paribas, and Sanofi… Read More

February 6, 2020 @ 1:54 pm By Omar Faridi  |  

Astra, an automation platform, recently revealed that it had joined payments giant Visa’s US-based Fintech Fast Track Program. Astra has a mobile app that assists US customers in improving their cash flow and helps them save time using established rules that automatically transfer funds between… Read More

February 6, 2020 @ 1:20 pm By Omar Faridi  |  

Laybuy, an interest-free “buy now, pay later” payment solutions provider, is teaming up with UK’s WHSmith, in order to provide users the option to buy now and pay later through the WHSmith.co.uk website. Customers will be able to buy products now, and will receive their… Read More

February 6, 2020 @ 10:29 am By Omar Faridi  |  

The European Central Bank (ECB) has partnered with Reply, a platform focused on digital innovation, in order to offer a 48-hour coding marathon, which will focus on teaching participants how to apply the latest artificial intelligence (AI) and machine learning (ML) algorithms. The marathon is… Read More

February 6, 2020 @ 10:20 am By Omar Faridi  |  

After successfully offering IBAN check-ups in the Netherlands, Rabobank has reportedly spun off Fintech startup SurePay as it gets ready to establish business operations in the United Kingdom, ahead of the launch of the newly developed Confirmation of Payee rules. SurePay presently offers Confirmation of… Read More

February 5, 2020 @ 10:19 pm By Omar Faridi  |  

The United Arab Emirates’s (UAE) Ministry of Health and Prevention (MoHAP) has teamed up with the nation’s Ministry of Presidential Affairs, Dubai Healthcare City and several other local government agencies in order to launch a blockchain-enabled health data storage platform. The Emirates News Agency reported… Read More

February 5, 2020 @ 9:09 pm By Omar Faridi  |  

Myanmar’s online commerce platform Get is set to acquire Fintech Daung Capital, which focuses on offering a digital platform for education finance, cash advance distribution, and a rent-to-own option for personal and commercial automobiles. The transaction reportedly includes all of Daung’s assets, which comprise all… Read More

February 5, 2020 @ 9:05 pm By Omar Faridi  |  

Bank of Maharashtra (BoM), a small public sector Indian bank and lender, reportedly topped the list of all the country’s banking institutions for digital transactions performed in December of last year. This, according to India’s Ministry of Electronics and Information Technology (Meity). Meity data shows… Read More

February 5, 2020 @ 3:33 pm By JD Alois  |  

Former advisor to President Trump Jason Greenblatt will be speaking at the OurCrowd Global Summit taking place on  February 13th. Greenblatt is the Former U.S. Special Envoy to the Middle East and architect of President Trump’s Peace to Prosperity plan . This will be Greenblatt’s… Read More

February 5, 2020 @ 2:48 pm By Omar Faridi  |  

Blockchain-enabled supply chain and trade finance firm Envoy Group is reportedly planning to expand its operations beyond Latin America. This, after recently acquiring $13 million in funding from Alcedo Digital Ventures. Developed on R3’s Corda platform, Envoy aims to enhance the existing $17 trillion annual… Read More

February 5, 2020 @ 10:43 am By JD Alois  |  

According to the UK government, Cathryn Ross has been appointed as the first Chair of the new Regulatory Horizon Council, a government-supported committee to make certain UK regulation keeps pace with innovation and enables it to thrive while safeguarding the public. Ross is currently the… Read More

February 5, 2020 @ 9:11 am By JD Alois  |  

Twino and Via SMS, two Latvia based online lending platforms, are joining forces to enter the Asia-Pacific market, according to a release. The two companies are launching a consumer lending platform names Vamo in Vietnam as their first step in the new venture. The two… Read More