Fintech software provider Temenos (SIX: TEMN) announced on Monday it has teamed up with Shanghai Pudong Development Bank (SPD Bank) to establish an Innovation Lab in Shanghai. Temenos reported that through the partnership, it and SPD Bank will jointly identify market requirements and co-develop a digital ecosystem,… Read More
Interac Corp. announced earlier this week the launch of its new Interac Lab, which is described as an innovation outpost and accelerator at the Kitchener-based tech hub, Communitech. According to Interac, the Interac Lab will support research and development, offering a space for hands-on experimentation…. Read More
Standard Chartered announced on Monday it has opened its latest innovation lab, the eXellerator, in Hong Kong. The new lab will be located in the bank’s building in Kwun Tong and is designed and created by WeWork. While sharing more details about the lab, Mary… Read More
Deutsche Bank announced on Tuesday the opening of its Fintech innovation lab in New York City. This is the bank’s fourth global lab and it is located in Lower Manhattan’s Fulton Center. The lab will explore new technologies focused in various industries, including artificial intelligence,… Read More
PayPal and Singapore Management University (SMU) have teamed up to establish a fintech scholarship that is worth S$180,000 (over $125,000). The investment is focused on building the talent pool in Singapore for the fintech sector. Six undergraduates at SMU’s School of Information Systems (SIS) will each… Read More
Japan’s banks are beginning to say konnichiwa with more enthusiasm to Fintech: Mitsubishi UFJ Financial Group Inc., a major Japanese bank, has created a unit to research and develop new financial technologies, according to sources cited in a recent Bloomberg story. A spokesman for Mitsubishi UFJ in Tokyo, Taiki… Read More
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