Tagged: fintech

May 5, 2017 @ 1:40 pm By Samantha Hurst  |  

China’s Ping An Insurance Group announced on announced on Thursday it has appointed former Citi Global Head of Retail Banking, Jonathan Larsen, as the new Chief Innovation Officer and CEO of Ping An Global Voyager Fund, a new $1 billion fund dedicated to fintech and healthtech…. Read More

May 3, 2017 @ 2:54 am By Jonathan Nieh  |  

Last week, Accenture Consulting published a presentation on how banks can utilize machine learning to draw quicker insights from their data. Machine learning is the specific application of artificial intelligence (AI)  in which computers can learn without being explicitly programmed to do so. How Does it… Read More

May 2, 2017 @ 3:34 pm By Samantha Hurst  |  

Asian robo-advisory platform-as-a-service provider, WeInvest, announced on Tuesday it has teamed up with global fintech platform InvestCloud to enable its robo-advisory solution, which supports multi-asset based, multi-currency, goal-based, and thematic investing. Speaking about the partnership, Bhaskar Prabhakara, CEO at WeInvest, stated: “The WeInvest PaaS solution gives… Read More

May 2, 2017 @ 2:30 pm By Samantha Hurst  |  

Barclays announced on Tuesday the opening of its Rise London location in Shoreditch. Barclays stated that the Rise program brings fintech startups from all around the globe together to work on the company’s customer and business opportunities. They also work together to help create the future of… Read More

May 2, 2017 @ 2:17 am By Jonathan Nieh  |  

Despite a quiet start to Fintech deals on a global level this year, Europe looks like it’s on pace to break records, according to CB Insights’ recent Q1 report. CB Insights reported that European fintech firms raised over $667 million over the first three months of the year… Read More

May 1, 2017 @ 5:39 pm By Samantha Hurst  |  

Aussie fintech startup Airwallex announced on Monday it has secured $13 million USD through its latest Series A funding round. Participants of the round included Sequoia Capital China, Mastercard, and Tencent Holdings. Founded in 2015, Airwallex is described as a foreign exchange market that makes… Read More

May 1, 2017 @ 7:49 am By Samantha Hurst  |  

FinTech Australia, the advocacy group promoting all things fintech related in Australia, celebrated its one year anniversary by sharing its “Year of Review.” The organization stated when it was launched in February 2016, it has more than 50 founding members, less than two months of… Read More

May 1, 2017 @ 2:23 am By Jonathan Nieh  |  

New Fintech Incubator One of the largest banks in Japan, Mizuho Financial Group, has been in the news recently for several partnerships involving fintech. According to Nikkei Asian Review, the bank is in talks to co-develop a fintech incubator that will be focused on virtual… Read More

April 30, 2017 @ 9:49 am By Jonathan Nieh  |  

The Toronto Financial Services Alliance (TFSA) released a statement this week welcoming Ontario’s support for the Fintech sector. The announcement by TFSA followed Ontario releasing its budget containing a strategy for advancing Fintech in the region.  The TFSA is a private/public partnership whose goal is to… Read More

April 28, 2017 @ 2:34 pm By Cole Lyons  |  

In an attempt to enhance their understanding of the Fintech industry, the Autorité des marchés financiers (AMF) in Quebec, Canada, has announced the creation of a Fintech Lab. The Fintech Lab, which will be accessible to all AMF employees contributing to the projects of the Fintech… Read More

April 27, 2017 @ 2:58 pm By Samantha Hurst  |  

Global fintech firm InvestCloud announced on Thursday it was selected by MASECO Private Wealth to provide client and advisor portals to the company’s UK/U.S. customers. InvestCloud reported it would deliver comprehensive client communication and reporting capabilities, which includes the automation and consolidation of client reports online…. Read More

April 27, 2017 @ 10:27 am By Samantha Hurst  |  

Norway-based fintech startup Tribe has reportedly received an investment from independent management and technology consultant, BearingPoint. According to Tribe, the new investment will bring it and BearingPoint together and the duo will enter into a long-term partnership to expand each of their service portfolios. Tribe describes itself… Read More

April 27, 2017 @ 9:31 am By Samantha Hurst  |  

Digital money transfer service WorldRemit announced on Thursday it has formed a partnership with Millicom’s subsidiaries Tigo Money to open up new remittance routes to El Salvador and Guatemala. This new collaboration will notably enable Salvadorans and  Guatemalans abroad to send money transfers instantly to… Read More

April 27, 2017 @ 1:00 am By Samantha Hurst  |  

Business summit FutureTech Congress is set to be held on May 24th and 25th in the city of Warsaw. According to its organizers, the event is set to address various trends in the insurtech, fintech, and big data industries, along with host experts from all over… Read More

April 26, 2017 @ 1:51 pm By Samantha Hurst  |  

California-based fintech company Robinhood announced on Wednesday it not only has reached two million users, but it also secured $110 million during its recent Series C funding round, which was led by DST Global, with participation from NEA, Index Ventures, Ribbit Capital, Thrive Capital and… Read More

April 26, 2017 @ 11:44 am By Samantha Hurst  |  

Tipalti announced on Wednesday it is enhancing its NetSuite integration by launching a touchless invoices process. According to the fintech company, the enhanced integration allows NetSuite clients to streamline their entire end-to-end accounts payable and supplier payments workflow, from supplier onboarding and vetting to AP tax… Read More

April 26, 2017 @ 10:42 am By Samantha Hurst  |  

FinMason, a Boston-based fintech and investment analytics firm, announced on Tuesday it appointed three new staff members to its growing staff. The appointees were added to the data science, marketing, and sales departments. According to FinMason, Mark Carroll was appointed as director of data science, Bob Leaper… Read More

April 26, 2017 @ 7:08 am By Jonathan Nieh  |  

E-commerce company NextTech, which is based out of Hanoi, Vietnam, is aiming to become its country’s version of Alibaba. Alibaba, of course, is China’s e-commerce and technology (including Fintech) juggernaut that helped the country surpass the US in mobile payments by more than 50 times. Can… Read More

April 25, 2017 @ 3:24 pm By Samantha Hurst  |  

On Tuesday, Ohio-based companies KeyBank, Progressive, The Kroger Co., Grange Insurance, Huntington, FifthThird, First Federal Lakewood, Root Insurance, and Safelite announced the launch of their new global fintech accelerator program, Fintech71. JPMorgan Chase will also be lending its thought leadership and industry expertise to the… Read More

April 25, 2017 @ 1:40 pm By Samantha Hurst  |  

Paladin fs, an IT banking contractor company, announced on Tuesday the launch of Quote Check, its newest service offering that helps bankers before signing a new service quote. This service will ensure that banks are being offered equitable terms and pricing nationally. While sharing details about the… Read More