Tagged: fintech

JPMorgan Chase Teams Up With CFSI to Launch Virtual Fintech Lab to Help Startups Improve Overlooked Populations’ Financial Health

On Wednesday, the Center for Financial Services Innovation (CFSI) announced it has partnered with JPMorgan Chase to launch a virtual fintech lab, the Financial Solutions Lab (FinLab), as a way to help the financial health of overlooked populations, which includes low-income women, aging and disabled populations. This… Read More

China: WeiyangX Fintech Review

Hong Kong Securities & Futures Commission Joins R3 Blockchain Consortium The Hong Kong Securities and Futures Commission (SFC) announced it had joined the R3 blockchain consortium. Through this partnership, SFC will test applications of blockchain on record and settlement of securities and futures trading with the… Read More

German Fintech Startup Tradico Receives €1 Million Investment From Former Deutsche Bank COO Henry Ritchotte

German fintech startup, Tradico, announced on Monday it received a €1 million investment from former COO and board member of Deutsche Bank, Henry Ritchotte. This investment comes just a few months after Tradico received a €2.5 million investment from Dieter von Holtzbrinck Ventures, Earlybird Venture Capital, and SpeedInvest. Speaking about… Read More

Fintech Company OpenFin Secures $15 Million During Series B Funding Round Led By J.P. Morgan, Euclid Opportunities & Bain Capital Ventures

Fintech company OpenFin announced on Thursday it has secured $15 million during its Series B funding round, which was led by J.P. Morgan, Euclid Opportunities, and Bain Capital Ventures. OpenFin describes itself as a financial industry common operating layer. The company enables rapid and secure… Read More

Arab Financial Services to Host First Annual Middle East & Africa Fintech Forum

Payment processing company Arab Financial Services is set to host the first annual Middle East and Africa Fintech Forum. This year’s theme is “Fintech Disruption in the Financial Industry.” According to Trade Arabia, the event is being sponsored by Bank ABC and Bahrain Economic Development Board (EDB)…. Read More

Standard Chartered Announces Open Banking API Developer Portal Launch

Standard Chartered announced last week it has launched its Open Banking Application Programming Interface (API) Developer Portal. The company stated that the launch of the portal will enable the Bank to further its digitization agenda and increase collaboration with a wide spectrum of partners including corporates,… Read More

InsurTech Startup Hippo Announces Partnership With Virtual Insurance Agent Provider Elafris

InsurTech startup Hippo announced on Tuesday it has formed a partnership with virtual insurance agency provider, Elafris. According to Hippo, the new partnership agreement will allow the company to create its own virtual agent chatbot infrastructure. Hippo describes itself as revolutionizing home insurance by making it… Read More

Xignite Appoints Former Microsoft Executive Mark Rowe As New CFO

Xignite, a provider of market data cloud solutions for financial institutions and fintech companies, announced on Tuesday it appointed former Microsoft executive Mark Rowe its new Chief Financial Officer (CFO). According to Xignite,  Rowe was notably Interim CFO and Vice President, Finance and Operations at 3D Robotics… Read More

Securities Exchange Board of India Announces Fintech Committee Plans

The Securities Exchange Board of India (SEBI) is set to form an advisory committee dedicated to the country’s fintech industry. The committee will notably consist of experts and representatives from different fintech sectors. During Internet and Mobile Association of India (IAMAI)’s 11th Digital India Summit in… Read More

BNP Paribas Continues Partnership With Plug and Play to Launch Fintech/Insurtech Accelerator Program in Paris

BNP Paribas, alongside its partner Plug and Play, announced on Friday they are launching a fintech and insurtech acceleration program in Paris. According to BNP Paribas, the three-month program will be held twice a year and offer 10 startups with the following services: Business plan… Read More

Innovate Finance Issues Call for Input on Industry Sandbox in the UK

Innovate Finance, the independent membership organization representing UK’s global fintech sector, announced on Friday it has issued a Call for Input on the demand and feasibility of an Industry Sandbox in the UK.  The organization stated that the proposed Sandbox would enable startups, financial institutions,… Read More

Octopus Labs Celebrates Accelerator Program’s Five Fintech Startups

UK-based Octopus Labs announced it celebrated the five fintech startups that participated in twelve-week accelerator program at The Gherkin in London. Nearly 200 fintech investors and financial advisers reportedly gathered to celebrate the program on Wednesday.  The twelve-week accelerator program, which was launched last year, saw Octopus support five… Read More

Citi Launches New Fintech Program “Citi Tech For Integrity Challenge”

On Tuesday, banking giant Citi has teamed up with IBM and its other allies to launch the Citi Tech for Integrity Challenge (T4I), which is described as a program that seeks to encourage technology innovators from around the globe to create solutions to promote integrity, accountability,… Read More

WorldRemit Announces Partnership With CONTACT to Launch Instant Money Transfers in Ukraine, Armenia, Belarus, & Kazakhstan

Digital money transfer service WorldRemit announced on Tuesday it teamed up with payment system CONTACT to launch instant money transfers in Ukraine, Armenia, Belarus, and Kazakhstan. According to WorldRemit, customers from more than 50 countries can use its app or website to send instant, secure money transfers to… Read More

UK’s Department for International Trade Selects Eleven Fintech Companies to Visit Australia & New Zealand Next Month

UK’s Department for International Trade announced last week it would bring a trade delegation of eleven of the country’s fintech companies to Australia and New Zealand in March 2017. The eleven companies selected were Aire, Clarus FT, Clearmacro, FundApps, ingage, iwoca, neyber, ObjectTech, Onfido, Sybenetix, and Tradle…. Read More

Blockchain Project Chronobank Joins FinTech Australia

Blockchain project Chronobank announced on Sunday it has officially joined national Australia Fintech Industry Association, also known as Fintech Australia. FinTech Australia, which was founded in October 2015, has more than 70 startups, venture capital funds, hubs, and accelerators throughout Australia that specialize in fintech that… Read More

Fintech Startup AlphaStreet Announces Invest Like a Pro Virtual Stock Contest

Fintech startup AlphaStreet announced on Friday the launch of its ‘Invest Like A Pro’ virtual stock contest from now through April 28th. While sharing details about the new contest, Vishnu Beri, CEO of AlphaStreet, stated: “The mission of AlphaStreet is to make the investment process social,… Read More

New Zealand Tech Industry Association Launches Fintech Organization “FinTechNZ”

New Zealand Tech Industry Association, along with Ministry of Business, Innovation, and Employment, has teamed up with several New Zealand financial businesses to launch a new fintech organization called FinTechNZ. According to the New Zealand Tech Industry Association, FinTechNZ will bring together innovative companies in the financial services… Read More

There’s Still Time: FinovateSpring Presenter Deadline Closes February 3rd

Finovate announced that the FinovateSpring’s presenter deadline is quickly approaching. The organization revealed fintech companies wanting to demo at the conference have until tomorrow, February 3rd to complete the application process. Finovate is commemorating its 10th-anniversary show with this year’s FinovateSpring event, which will take place on… Read More

Accenture Appoints Former U.S. Treasury Official Valeria Abend As New Managing Director of Security-Financial Services

Accenture (NYSE: ACN) announced on Thursday it has appointed former U.S. Treasury official, Valerie Abend, managing director of Accenture Security – Financial Services, North America. Abend notably brings expertise deploying cyber risk management and mitigation strategies to counter the wide spectrum of threats facing the… Read More