Incumbent financial institutions harness the power of the entrepreneurial mindset
Introducing Extrapreneurship, a new programme helping employees of large FIs to adopt the entrepreneurship mindset.
FinTech
StanChart’s new platform connects start-ups and investors
SC Ventures Fintech Bridge will serve as a nexus for industry players linked to the bank.
Urban FT Group brings community banks to the mobile era
To compete with the top tier banks’ services and tools for customers.
Crypto app Donut gets sweet $1.8m seed funding
Bringing “convenience, trust and accessibility” to managing and transacting in crypto assets.
Open banking: progressing to the summit
Banks and disruptors alike are still trekking through the foothills of open banking.
Video: fintech news weekly round-up – 18 March 2019
More open banking news, fintechs in LatAm, an a MasterCard acquisition.
Tech giant SAS commits to £1bn AI investment in three years
It aims to develop new AI skills as well as teach customers how to use them.
White paper: Artificial intelligence for executives
Learn how to integrate AI into your organisation with this SAS white paper
AI platform Talent Ticker launches in the UK market
Unifying data across sectors to help firms make decisions more efficiently.
A guide to digital identity verification: the tech and trends
Examine global trends in identity and technical insights into viable solutions.
Former MtGox boss gets suspended jail on account of data falsification
However, he was cleared of all other charges, including embezzlement.
CC&L chooses SimCorp to deliver integrated client communications
One of Canada’s largest firms in the sector, Connor, Clark and Lunn Financial Group manages over $55 billion in assets.
Thailand prepares portal for regulated ICOs
The country prepares new funding routes but keeps alert to fraudulent activities.
First Direct invites customers to co-create new products
The launch of fdesign follows the introduction of peer-to-peer payments system fdpay in January.
Customer service platform Glia gets $20m funding
A Series B funding round led by Insight Venture Partners
Top fintech stories this week – 15 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
US tariff threat to the German car industry
The German car industry is now in the President Trump’s cross-hairs.
Spanish stock market operator BME tests blockchain for collateral pledge
BME and Renta 4 Banco have carried out their first digitisation.
Cosmos Network brings order to “internet of blockchains”
Interchain Foundation offers decentralised network of interoperable blockchains.
FCA urges end to exit fees on investment platforms
UK’s Financial Conduct Authority calls for feedback and more competition.
TickSmith powers CanDeal’s DataVault Innovations
The company will use the Data Pooling Platform to launch its Data-as-a-Service (DaaS) offering.
Cosimo Ventures invests in blockchain and digital assets firms
VC firm makes three investments in Gecko Governance, Lingar and Oneiro.
Same old banking and bananas
Good UX is like a joke. If you have to explain it, it ain’t that good.
Kakao’s crypto business raises $90m funding
Ground X plans to raise a similar sum this week.
Navy Federal Credit Union sails on Broadridge’s SaaS platform
It’s the first credit union to go live on MBS Expert.
UK pressures tech titans to face competition
The nation’s rules must be updated for the digital age.
Wirecard under fraud investigation by Singapore police
One employee has been suspended until the inquiries conclude.
Xena unleashes crypto-settled derivative contract for GRAM token
“This is a significant step for the entire crypto market.”
Open Banking one year on
Information Builders looks at how the initiative opened up new opportunities with data.
Ukraine tops Science and Tech Global Index – that should come as no shock
Open and agile, Ukraine’s banking sector has been quick to embrace disruptive change.
The customer is at the heart of the Middle Eastern fintech revolution
Bahrain is quickly becoming a place for regional and international fintech firms to invest and succeed.
Stash piles on rewards with stock-back launch
New York-based financial services platform officially boots up.
UK’s Nationwide analyses customer interactions with SAS
AI will look at how emails are managed at the building society.
Dubai International Financial Centre launches $10m fintech fund
DIFC plans to invest in start-ups in Middle East and North Africa.
The new business models of banking
Analysis of three alternative business models for the banking industry.
Video: fintech news weekly round-up – 11 March 2019
Featuring New Zealand, Ant Financial, and Raisin.
OneCoin boss arrested for crypto fraud
The firm and its leaders are accused of creating a pyramid scheme.
Swiss crypto outfit Amun amasses $4m funding
“We are bullish on crypto in the long-term.”
Pintec acquires Australian credit risk solution provider InfraRisk
Chinese firm seeks action abroad and aims to boost its “SaaS Plus” model.
CULedger teams up with IBM for blockchain network
A cooperative model designed for credit unions and SMEs.
