April 20, 2018 @ 9:16 pm By Samantha Hurst  |  

On Friday, Central Bank of Ireland announced it will launch an innovation hub and an industry engagement program to keep up with fintech and regulatory landscapes. During her speech at UCC’s Financial Services Innovation Centre, Derville Rowland, Director General of Financial Conduct at Central Bank,… Read More

April 20, 2018 @ 3:00 pm By Samantha Hurst  |  

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

April 20, 2018 @ 12:00 pm By Samantha Hurst  |  

Brazilian fintech startup Nubank announced earlier this week the launch of its new facial biometrics feature, AccessoBio. According to various reports, the fintech firm will now use the AccessoBio tool to help prevent identity fraud in credit card transactions. ZDNet noted that Nubank believes the introduction of… Read More

April 19, 2018 @ 10:16 pm By Samantha Hurst  |  

Digital Financial Services Lab (DFS Lab), a fintech accelerator funded by the Bill and Melinda Gates Foundation,  announced on Thursday it will invest $200,000 in four separate startups that are building financial service products for low-income and unbanked consumers in developing markets. Cherehani Africa (Kenya), NALA (US), Nobuntu (South… Read More

April 19, 2018 @ 1:00 pm By Samantha Hurst  |  

Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced on Wednesday it has launched its new API developer platform that will allow developers in companies of all sizes, across any sector, access to its technology. According to Tink, the new platform… Read More

April 19, 2018 @ 12:00 pm By Samantha Hurst  |  

The Hong Kong Polytechnic University (PolyU), announced on Thursday it has teamed up with AMTD Group Company and AMTD Foundation to launch a new university-industry collaborated fintech center. According to PolyU, the AMTD Fintech Center of PolyU Faculty of Business aims to enhance Hong Kong’s capabilities to… Read More

April 19, 2018 @ 9:02 am By Samantha Hurst  |  

Temenos (SIX: TEMN), the banking software company, announces that the audience of Innovation Jam London named Callsign the winner of the regional competition. According to Temenos, the fintech startup was one of 10 contestants to showcase their solution to an audience of banking and technology leaders. Founded… Read More

April 19, 2018 @ 8:28 am By Samantha Hurst  |  

China-based consumer finance platform LexinFintech announced on Thursday it is planning to invest a total of ¥1 billion in partner cooperations over the next three years in order to better save its customers and expand its credit services. According to LexinFintech, Jay Wenjie Xiao, the company’s… Read More

April 18, 2018 @ 3:49 pm By Samantha Hurst  |  

Fintech company OpenFin announced on Wednesday it has appointed Mark Yallop a new non-executive board director. According to the company, Yallop is an experienced industry practitioner dedicated to driving innovation and standards in capital markets. OpenFin also reported that Yallop serves as an Independent Member of… Read More

April 18, 2018 @ 1:24 pm By Samantha Hurst  |  

On Wednesday, global innovation platform Plug and Play and international financial center Abu Dhabi Global Market (ADGM) announced they have established the Plug and Play ADGM office and the go-live date for its signature fintech innovation program for Abu Dhabi and the wider Middle East and… Read More

April 18, 2018 @ 12:01 pm By Samantha Hurst  |  

BNP Paribas, the global Top-10 bank headquartered in France, announced on Wednesday it is set to compete against other money transfer services such as PayPal, Venmo, and Lydia by deploying its new mobile payment solution, Paylib Between Friends. According to BNP Paribas, Paylib is described as a person-to-person… Read More

April 16, 2018 @ 10:20 am By Samantha Hurst  |  

United Overseas Bank Limited (UOB) and Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Monday they have teamed up to launch a new joint venture, Avatec.ai (S) Pte Ltd (Avatec), which aims to help banks and finance companies to be more efficient and accurate… Read More

April 16, 2018 @ 9:42 am By Samantha Hurst  |  

Silot, a Singapore-based fintech startup, announced on Monday it secured $2.8 million through its Pre-Series A funding round, which was led by Arbors Ventures and Eight Roads Ventures. The company reported that the latest funding round comes nine months after it received its initial seed… Read More

April 13, 2018 @ 9:11 pm By Samantha Hurst  |  

Regions Bank announced on Thursday it has invested in and formed a partnership with fintech mortgage and consumer digital lending technology platform provider, Lender Price. According to the bank, the duo will focus on streamlining Regions’ digital process and simplify interaction between banks, borrowers, and… Read More

April 13, 2018 @ 10:05 am By Samantha Hurst  |  

Akoni, a UK-based digital cash treasury manager, announced earlier this week it has partnered with Fitch Solutions to offer Financial Implied Ratings (FIRs) through the Akoni platform. According to Akoni, the FIRs from Fitch Solutions will enable the company to offer clients an impartial assessment of… Read More

April 13, 2018 @ 9:10 am By Samantha Hurst  |  

Banking giant Bank of America announced earlier this week it has launched its new product, Digital Mortgage Experience, to guide clients through the mortgage process through its mobile banking and online platforms. According to Bank of America, with advanced application prefill capabilities, clients may apply for a… Read More

April 12, 2018 @ 9:15 pm By Samantha Hurst  |  

Vio Digital, a South Africa-based fintech startup, announced on Thursday it is launching a new blockchain-based money transfer app to make it easier for customers to transfer money from person to person anywhere in the world. The company reports that across Africa, remittance solutions are typically… Read More

April 12, 2018 @ 9:26 am By Samantha Hurst  |  

On Tuesday, fintech startup Avoka announced that Colorado-based Alphine Bank has selected the Avoka Transact Platform to enhance its digital presence. Avoka reported that it will deliver completely digital account openings that include ID verification, funding, and immediate establishment of the account. The company noted… Read More

April 11, 2018 @ 4:08 pm By Samantha Hurst  |  

Chinese fintech and Alibaba-affiliated Ant Financial is preparing to launch a private funding round in order to secure up to $9 billion. According to various reports, the company is increasing the funding target from previous funding rounds that sought up to $5 billion. Ant Financial’s previous fundraising round… Read More

April 11, 2018 @ 3:10 pm By Samantha Hurst  |  

Liberis, a UK-based fintech, announced on Wednesday it secured £57.5 million in combined funding from British Business Investments, Paragon Bank, BCI Finance, and Blenheim Chalcot. According to Liberis, the new facility and equity investment will accelerate our growth to help support an estimated 100,000 UK jobs by… Read More