Tagged: fintech

February 10, 2017 @ 2:13 pm By Samantha Hurst  |  

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

February 10, 2017 @ 8:39 am By Samantha Hurst  |  

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

February 7, 2017 @ 4:12 pm By Samantha Hurst  |  

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

February 7, 2017 @ 9:53 am By Samantha Hurst  |  

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

February 6, 2017 @ 4:50 pm By Samantha Hurst  |  

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

February 6, 2017 @ 2:54 pm By Samantha Hurst  |  

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

February 6, 2017 @ 7:59 am By Samantha Hurst  |  

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

February 3, 2017 @ 4:32 pm By Samantha Hurst  |  

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

February 2, 2017 @ 3:04 pm By Samantha Hurst  |  

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

February 2, 2017 @ 12:52 pm By Samantha Hurst  |  

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

January 31, 2017 @ 10:25 am By Samantha Hurst  |  

Envestnet | Yodlee (NYSE: ENV) announced on Tuesday it formed a partnership with Varo Money Inc., a mobile-only banking startup that helps consumers gain greater control of their financial lives, and is now seeking to provide customers with a customized mobile banking experience using RESTful Envestnet… Read More

January 30, 2017 @ 11:35 am By Samantha Hurst  |  

Canadian fintech company MOBI724 Global Solutions Inc. (CSE: an equity privateMOS), announced on a private equity it closed placement in the aggregate amount of $553,000 by issuing 4,608,333 common shares (“Shares”) at $0.12. For each common share received, the subscribers were issued one common share… Read More

January 30, 2017 @ 11:10 am By Samantha Hurst  |  

BNP Paribas Securities Services announced on Monday it is backing the growth of Fortia Financial Solution by taking a minority stake in the fintech startup. Fortia Financial Solution, which was founded in 2012, is described as a software company which uses artificial intelligence, machine learning, and business… Read More

January 30, 2017 @ 7:55 am By Samantha Hurst  |  

International finance center Abu Dhabi Global Market (ADGM) announced on Monday it formed a partnership with Temenos for the upcoming Abu Dhabi Fintech Innovation Jam, which will take place on March 7th. The event will notably showcase innovative software for financial institutions through 14 fast-paced, 7-minute demos…. Read More

January 27, 2017 @ 1:47 pm By Samantha Hurst  |  

Canadian multinational bank Scotiabank announced on Friday it is launching what it calls a “Digital Factory” as a way to help accelerate the fintech industry while also helping to improve its customers’ experience in mobile and digital banking transactions, account opening, loan adjudication, and mortgage… Read More

January 26, 2017 @ 9:02 am By Samantha Hurst  |  

FinTech Acquisition Corp. II (NASDAQ:FNTEU), a blank-check company formed for the purpose of acquiring or merging with one or more businesses or entities in the financial technology industry, announced on Thursday it completed its initial public offering (IPO) of 17.5 million units at a price… Read More

January 24, 2017 @ 12:52 pm By Samantha Hurst  |  

Fifth Third Bancorp (Nasdaq: FITB) announced last week that it had engaged QED Investors to assist and help formulate a Fintech Strategy.  Fifth Third, like many traditional financial firms, is waking up to a new world where financial services are changing. The bank is pretty… Read More

January 24, 2017 @ 11:59 am By Samantha Hurst  |  

Canada fintech firm Goldmoney Inc. (TSX: XAU) announced on Monday its Network accounts and Wealth Holdings have been endorsed as Shariah-compliant by the Shariah Supervisory Board of Amanie Advisors. The company stated that Islamic investors may now instantly purchase, save, and transact in gold globally… Read More

January 24, 2017 @ 10:29 am By Samantha Hurst  |  

Alpaca, a California-based Fintech startup building AI and database technology for financial trading, on Tuesday the closing of its venture round, which has secured $1.75 million. Participants of the latest round include D4V, a joint-venture fund by IDEO and Genuine Startups, Monex Ventures of Monex… Read More

January 24, 2017 @ 8:38 am By Samantha Hurst  |  

On Tuesday, Equifax Canada (NYSE: EFX) announced it officially launched the first phase of a new multi-million dollar technology platform, which will provide Canadian financial institutions with insights to help them understand their customers’ needs and motivations. According to Equifax Canada, the new platform will… Read More