Tagged: innovation hub

April 20, 2023 @ 10:17 pm By Omar Faridi  |  

UOB (SGX: U11) will reportedly invest more than S$500 million “to build its new global technology and innovation center in JTC’s Punggol Digital District (PDD).” With this investment, UOB claims it “becomes the first local bank to establish its presence in Singapore’s first smart and… Read More

October 23, 2020 @ 8:21 am By Omar Faridi  |  

The Polish banking industry is an “open system” according to a new report. Two of the 10 largest banks in the country (mBank SA and Alior Bank SA) have entered the nation’s financial market quite recently. mBank SA was launched in 2000 and Alior Bank… Read More

August 7, 2020 @ 10:11 pm By Omar Faridi  |  

The Reserve Bank of India (RBI), the nation’s central bank that controls the issue and supply of the Indian rupee, is reportedly working on an offline digital transactions pilot, in order to get more consumers in rural areas, without internet connections, to adopt virtual payments…. Read More

March 2, 2020 @ 5:40 pm By Omar Faridi  |  

The Bank for International Settlements (BIS) has released a 138-page report which examines the latest trends in payments and Fintech, including tokenized or digital securities, central bank digital currencies (CBDCs), international transactions, and peer-to-peer (P2P) platforms.   Hyun Song Shin, head of research at BIS noted… Read More

July 23, 2019 @ 3:34 pm By Samantha Hurst  |  

Ideanomics (formerly known as Seven Stars Cloud Group, Inc.) (NASDAQ: SSC), a global fintech and asset digitization services company, announced on Tuesday plans for its fintech village innovation hub. The company will transform the former UConn West Hartford campus into its global headquarters for technology… Read More

April 8, 2019 @ 7:39 am By Samantha Hurst  |  

Standard Chartered Bank announced on Monday it has officially opened its Africa eXellerator Innovation Hub in Kenya. According to the digital bank, the innovation hub will serve asa platform to collaborated with fintechs in Kenya, as well as the broader African region to drive innovation… Read More

December 6, 2018 @ 3:00 pm By Samantha Hurst  |  

Infosys (NYSE: INFY), a global consulting, technology and next-generation services firm, announced on Thursday it has inaugurated its Technology and Innovation Hub in Hartford. As previously reported, Infosys inaugurated its first Technology and Innovation Hub in Indianapolis, Indiana and has already announced a Technology and Innovation Hub in Raleigh, North Carolina and a… Read More

November 29, 2018 @ 11:03 am By Samantha Hurst  |  

Accenture (NYSE: ACN) announced earlier this week it opened its new Canada innovation hub in the heart of Toronto’s business and technology district to help clients grow, compete and transform in the digital economy. Accenture reported that as part of its investment in Canada, it… Read More

March 27, 2018 @ 4:13 pm By Samantha Hurst  |  

Ally Financial Inc. (NYSE: ALLY), a Michigan-based digital financial services company, is set to open a new innovation hub in the Camp North End, which is located in Charlotte, North Carolina. The company describes itself as an award-winning online bank and one of the largest full-service… Read More

November 3, 2016 @ 10:29 am By Erin Hobey  |  

Under a new agreement, fintech companies in Australia and Ontario will be able to draw on support from the combined resources of their financial regulators as they seek to operate in the others’ market. Signed in Toronto this week, the Australian Securities and Investments Commission… Read More