Tagged: financial services

Swiss Blockchain Startup Smart Valor Receives Regulatory Approval by FINMA to Operate as Financial Intermediary

Smart Valor has gained regulatory approval to operate as a financial intermediary in Switzerland from theSwiss Financial Market Supervisory Authority (FINMA). According to multiple reports, Smart Valor will add an investment platform to its current services of operating as an incubator in Zug, Switzerland.  As… Read More

Fintech Startup PayActiv Joins ADP Marketplace

PayActiv, a U.S.-based provider of employment-based holistic financial wellness services, announced on Wednesday it has joined the ADP Marketplace, an HCM industry’s ecosystem for business applications, to offer its full suite of employment-centric financial wellness solutions. PayActiv reported that through the integration, ADP clients gain access to… Read More

Money20/20 Launches Rise Up Program to Foster Gender Inclusivity Within the Financial Services & Fintech Industries

On Wednesday, Money20/20 announced the upcoming launch of Rise Up, a program that was created in an effort to foster gender inclusivity within both the financial services and fintech industries. According to Money20/20, Rise Up is also designed to empower the next generation of female… Read More

Envestnet | Yodlee Debuts Financial Wellness Assistant For Financial Service Providers “AI FinCheck”

Envestnet | Yodlee (NYSE: ENV), a data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services, announced on Tuesday enhancements to its Artificial Intelligence (AI) powered Financial Wellness Solution at CFSI’s Emerge Financial Health Forum. The company unveiled its new Financial Wellness Assitant for… Read More

Ally Financial Set to Open New Innovation Hub in North Carolina

Ally Financial Inc. (NYSE: ALLY), a Michigan-based digital financial services company, is set to open a new innovation hub in the Camp North End, which is located in Charlotte, North Carolina. The company describes itself as an award-winning online bank and one of the largest full-service… Read More

Investment Platform Motive Partners Opens Innovation & Investment Center in London to Serve Next Generation Fintech Companies

Motive Partners, an investment firm focused on technology-enabled companies that power the financial services industry, announced on Wednesday it was opening of its new European Innovation and Investment Center in London. According to Motive Partners, the 14,000 sq. ft. space that will facilitate and drive collaborative… Read More

Ride-Hailing Company Grab Teams Up With Credit Saison to Launch Financial Services: Looks to Expand Access to Credit for Southeast Asia’s Unbanked

Grab Inc. (Grab), an on-demand transportation and fintech platform in Southeast Asia, announced on Tuesday it has teamed up with Credit Saison Co., Ltd. (Credit Saison), one of Japan’s largest consumer financing companies, to provide loans and lending services to millions of unbanked and underbanked consumers, micro-entrepreneurs… Read More

Fintech Platform Current Announces Strategic Investment from Fifth Third

Current, the fintech platform that allows teens to connect their money with the people, brands and experiences they value, announced on Tuesday that Fifth Third Capital, a direct equity investment subsidiary of Fifth Third Bancorp (NASDAQ: FITB), has joined the recently announced Series A funding,… Read More

BNP Paribas Launches New Investment Fund For Financial Services & Insurance

BNP Paribas, the global Top-10 bank headquartered in France, announced this week it is launching its very own investment fund that dedicated to financial services and insurance. The company reported that the new fund will be managed by BNP Paribas Capital Partners, an arm of BNP Paribas Asset… Read More

World Economic Forum Releases New Report “Beyond Fintech: A Pragmatic Assessment Of Disruptive Potential In Financial Services”

This week, the World Economic Forum released its latest report, Beyond Fintech: A Pragmatic Assessment Of Disruptive Potential In Financial Services. According to the organization, the report represents the culmination of three years of research into the transformation of financial services prepared by the World Economic Forum… Read More

MyCash Online, the e-Marketplace for Migrants, Raises over $300,000 USD

Fintech company MyCash Online has recently raised over $300,000 USD ($1.3 million RM) in its crowdfunding campaign that was launched on June 1st. MyCash Online is an e-marketplace that was created specifically to accommodate the large amounts of migrants in Malaysia and Singapore. They offer… Read More

MIT Uses Hackathon to Bring Togther Fintech & Traditional Services

MIT’s recent fintech hackathon, its first ever, connected the Fintech industry with more traditional financial services. This combination is yet another signal that Fintech is changing. Priscilla Cherie Koepke, the FinTech Practice Leader at MIT’s Martin Trust Center for Entrepreneurship, is tasked with creating an… Read More

Brief: EY + Innovate Finance = FinTech Talent Secondment Program With Innovate Finance

EY and Innovate Finance have just announced the launch of a FinTech secondment program, according to a recent press release. As the only Big Four member of Innovate Finance, one of the world’s largest membership association for FinTech, EY will second members of staff into Innovate… Read More

Yirendai Appoints Chaomei Chen, Former Chief Risk Officer of LendingClub, As Member of Yirendai Advisory Committee

Yirendai, an online consumer finance marketplace in China, on Thursday announced the appointment of Chaomei Chen, former chief risk officer of Lending Club, as a member of the company’s Advisory Committee, effective Jan. 7, 2016, according to a recent press release. Chen will provide strategic advice and insight to… Read More

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