Tagged: fintech

April 25, 2018 @ 11:39 am By Samantha Hurst  |  

Fintech unicorn TransferWise has announced the launch of a new borderless and fee free, multi-country, bank accounts and debit cards. Transferwise may be the best Fintech positioned globally to provide all of the bank-like services without officially becoming a bank. As CI has written before,… Read More

April 25, 2018 @ 10:45 am By Samantha Hurst  |  

UK-based online investment service Wealthify announced on Wednesday it has formed a new partnership with Starling Bank. The company reported its investments will on the challenger bank’s marketplace, which is designed to give users easy access to digital financial services on their mobile devices. Wealthify… Read More

April 24, 2018 @ 1:48 pm By Samantha Hurst  |  

German mobile bank N26 announced on Tuesday it is now offering Google Pay in Belgium, Ireland, Slovakia, and Spain. The bank reported it has a strong focus on innovation and its international expansion, along with aiming to  consistently strives to make the most modern products available to its customers…. Read More

April 24, 2018 @ 11:43 am By Erin Hobey  |  

Abu Dhabi Global Market, the international financial centre of Abu Dhabi, UAE (ADGM) and Shanghai Stock Exchange (SSE), China’s largest securities exchange, have today entered into a Memorandum of Understanding (MOU) to co-operate on the establishment of a “Belt and Road” Exchange in ADGM.  This… Read More

April 24, 2018 @ 10:47 am By Samantha Hurst  |  

UK-based fintech Humaniq announced on Tuesday it has implemented additional bioID settings that will act as an extra safeguard be integrated into Humaniq app, which the company reports has already had more than 100,000 downloads in the Google Play store. Humaniq reported: “Humaniq is seizing the opportunity… Read More

April 24, 2018 @ 9:44 am By Samantha Hurst  |  

UK fintech Finastra announced on Tuesday its blockchain-based solution, Fusion LenderComm, is now commercially available as an app on R3’s Corda platform for financial institutions operating in the syndicated lending market. The launch was announced at the LSTA Operations Conference in New York. Finastra reported that following a pilot,… Read More

April 23, 2018 @ 2:45 pm By Samantha Hurst  |  

FIS (NYSE:FIS), a financial services and payment technology firm, announced last week Customers Bank is one of the latest community-based financial institutions to implement its modern core banking platform. According to FIS, the new core banking platform provides a more intuitive and easy-to-navigate user interface, integrated digital… Read More

April 23, 2018 @ 9:24 am By Samantha Hurst  |  

Innovative platform Plug and Play, along with startup hub TechQuartier, announced on Monday that Aareal Bank, BNP Paribas, Deutsche Bank, DZ Bank and NETS Group are the first five corporate partners to join their fintech program based out of Frankfurt. According to the organizations, the partnership, known as “Fintech Europe,” will… Read More

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