Tagged: technology

Aussie Fintech INAMO Announces Contactless Wearable Pilot in the U.S.

Australia- based fintech startup INAMO is reportedly testing out its contactless wearables in the U.S. Founded in 2016, INAMO reported it is now seeking to transform the way payments are being made by developing wearable payment devices to make contactless payments faster and simple. “Our waterproof… Read More

FIC Network Launches First Corporate Bond Issued on Blockchain

FIC Network, a blockchain technology provider for the fixed income market, announced on Wednesday it has launched its mainnet and recorded the first privately placed corporate bond on its platform. FIC Network claims this is one of the world’s first corporate bonds issued on the blockchain…. Read More

PayPal Announces Partnership With Walmart to Roll Out Cash in & Cash Out Money Services at Stores

On Thursday, PayPal announced it has formed a new partnership retailer giant Walmart to begin rolling out PayPal cash in and cash out money services at Walmart for an exclusive fee of $3 per service. According to PayPal, this is the first time PayPal mobile… Read More

Westpac Launches New “Centsitive Objects” Designer Wearable for Customers

Australian banking group Westpac announced earlier this year the launch of its ‘Centsitive Objects,’ which is a new designer range of wearable accessories. This news comes just days after Westpac announced the launch of its Mobile Cheque Deposit feature. According to Westpac, Censitive Objects was designed exclusively… Read More

Standard Chartered Bank Partners With Huawei to Develop IoT Solution to Expand Ecosystem Lending

Standard Chartered Bank announced on Wednesday it has formed a partnership with  Huawei to develop an Internet of Things (IoT) powered solution in an effort to revolutionize the way corporates communicate with banks for financing or payments. According to the duo, this new solution combines IoT and… Read More

Consumer Insight Firm TruRating Quickly Nears £1.8 Million Funding Target on Seedrs

TruRating

TruRating, a UK-based consumer insight firm that uses point of sale to collect mass, accurate feedback, is quickly nearing its £1.8 million equity crowdfunding target on Seedrs. The campaign, which was launched last month, has raised more than £1.7 million from nearly 200 investors. Founded in 2014, the… Read More

Learning Platform Focused on STEM Skills Because Learning Now Seeking Funds Through Indiegogo/MicroVentures

Because Learning, a U.S.-based learning platform specifically focused on STEM skills, is now seeking funds through Indiegogo/Microventure’s equity crowdfunding platform. Founded in 2014, Because Learning, which was previously known as Ardusat, is on a mission to inspire students in the STEM field, which are science, technology,… Read More

Square Launches Square Reader SDK Developer Toolkit For Sellers & Buyers

Square announced this week the launch of its Square Reader SDK, which is described as a complete toolkit that enables developers to reimagine the checkout experience for both sellers and buyers. The fintech firm reported that Square Reader SDK is a set of developer tools… Read More

XL Catlin Teams Up With Insurtech Slice to Build On-Demand Cyber Insurance Solution

Slice Labs, a U.S.-based insurtech firm, announced earlier this week that it has teamed up with insurer XL Catlin to create an on-demand cyber insurance solution for small and medium-sized business. According to Slice, the solution will be built on the Slice Insurance Cloud Services… Read More

Startupbootcamp Announces 10 African Startups Selected For AfriTech Global Accelerator Program

Startupbootcamp (SBC) AfriTech announced last week the Top 10 African Innovators selected to participate in the globally renowned, multi-corporate backed accelerator program for 2018. According to SBC, following an intensive 3-month global scouting tour, across 15 countries, and inclusive of 19 FastTrack events and 220… Read More

IBM Partners With Italian Bank Banca Carige to Launch $500 Million U.S. Technology Joint Venture “Dock”

IBM (NYSE: IBM) announced last week it has teamed up with Italian bank, Banca Carige, to launch launched Dock, a $500 million U.S. joint venture, to bring innovative technologies including AI, big data, analytics and cognitive tools to improve the competitiveness of Carige’s more than 500 branches and… Read More

UK Insurtech Laka Secures £1.1 Million During Seed Funding Round Led By Tune Protect Group

Laka, a UK-based insurtech startup, announced on Thursday it has kicked off its global expansion by securing £1.1 million through its seed funding round, which was led by financial holding company Tune Protect Group Berhad with participation from 500 Startups.  The company, which was founded… Read More

Atari Launches Indiegogo Campaign For New Gaming & Home Entertainment Streaming Device; Raises $1.7 Million in Two Hours

On Tuesday, entertainment giant Atari took to crowdfunding platform Indiegogo to raise $100,000 for its new gaming and home entertainment streaming service device, Atari VCS. The funding round not only raised its initial funding target but secured $1.7 million from more than 6300 backers in just… Read More

Kickstarter Success OSSIC Shuts Down; Leaves Backers With No Highly Anticipated OSSIC X Headphones

Just a little over two years after securing $2,708,472 from 10,263 backers through its Kickstarter campaign, tech startup OSSIC announced it was officially shutting down and will not be delivering its highly anticipated OSSIC X headphones. As previously reported, the OSSIC X headphones supposedly calibrate… Read More

Morgan Stanley to Host Inaugural Canada Technology Startup Day in Montreal

Morgan Stanley (NYSE: MS) announced on Thursday it is set to host its inaugural Canada Technology Start-up Day at its Montreal Technology Centre today. The financial giant reported that the invitation-only event is providing some of Canada’s most promising emerging technology companies with the opportunity for… Read More

Plug and Play Accepts 156 Startups Into Eight Programs

Plug and Play announced on Thursday the 156 startups accepted into eight of its programs. These programs will run from April through June and include Energy & Sustainability, Enterprise 2.0, Health & Wellness, Insurtech, Internet of Things, Mobility, Real Estate, and Travel & Hospitality. The organization… Read More

California Insurtech Startup Bunker Forms Partnership With Chubb to Accelerate New Insurance Product Development

Bunker, a California-based insurtech startup, announced last week it has formed a partnership with Chubb Insurance to accelerate new insurance product development. According to Bunker, this new collaboration leverages Chubb’s strength as a large publicly-traded property-casualty insurer, along with Bunker’s technology platform. Speaking about the partnership, Chad Nitschke, Co-Founder… Read More

Global Fintech Broadridge Announces Acquisition of ActivePath

On Tuesday, global fintech firm Broadridge Financial Solutions announced it has completed the acquisition of Israel-based digital technology company, ActivePath. According to Broadridge, ActivePath’s technology enhances the consumer experience associated with consumer statements, bills, and regulatory communications.  ActivePath notably extends Broadridge’s ability to transform and… Read More

Barclays Teams Up With Several Watch Brands to Launch Contactless Timepieces

UK banking giant Barclays has teamed up with seven watchmakers to bring its bPay wearable payment technology to timepieces. The companies that Barclays is now working with on the project are Guess Watches, Mondaine, Timex, Kronaby, Suunto, Adex, and LBS. According to Finextra, Timex is… Read More

Infosys Set to Open Technology & Innovation Hub in Connecticut

Infosys (NYSE: INFY), a global consulting, technology and next-generation services firm, announced this week it will open its next Technology and Innovation Hub in Hartford, Connecticut, along with hire 1,000 American workers in the state by 2022. According to the company, the Connecticut Technology and Innovation Hub will… Read More

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