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Innovation & Startups

09/07/2021

Only 14% of UK consumers ‘completely understand’ Open Banking - Ecommpay

The surveys also found some age disparities. 24% of 25-to-34-year-olds stated that they completely understand Open Banking, compared with 7% of over-55s.

09/07/2021

Green FinTech Challenge and Digital Sandbox: which service to apply for

The Digital Sandbox is for firms at the early proof of concept stage, and the Green FinTech Challenge is for firms preparing to take their services to market.

09/07/2021

Nedbank adds new features to its digital banking

The bank will unveil a number of other enhancements to its digital banking offering, including enhanced cellphone banking

09/07/2021

Doors Opened for More Banks: SIX and Inventx Cooperate on Open Finance

As part of a technical partnership, Inventx and SIX will ensure the smooth interconnection of their complementary ix.OpenFinancePlatform and bLink open-finance hubs going forward.

09/07/2021

Innovation: Bank of America Breaks Its Record for Artificial Intelligence and Digital Patent

In the first 6 months of 2021, Bank of America recorded the highest number of patents in its history. 227 patents granted by the United States Patent Office (USPDO).

09/07/2021

After a Slow Start, American-Style Open Banking is Set to Catch and Eclipse European Rivals

“The U.S. should really focus on the consumer case, and on the compelling benefit the consumer is going to get,” he said, predicting that this type of approach would spur more innovation in the financial services sector here in the States, in

09/06/2021

ADIB debuts Amwali, an Islamic digital proposition targeting GenZ

Account-opening can be done easily and effortlessly.

09/06/2021

Calypso Technology and AxiomSL to operate under new name: Adenza

Adenza is dual headquartered in London and New York City, with nearly 2,000 employees, more than 60,000 users, and a customer base spanning the world’s largest financial institutions.

09/06/2021

Sionic partners with CUBE

We’re turning regulatory data into regulatory intelligence

09/05/2021

Dubai FDI supports expansion by Amazon Web Services in UAE

The development is supported by the UAE’s focus on promoting technology innovation, which makes it a prestigious global hub for entrepreneurs, e-governments, and multinational businesses.

09/05/2021

Cayman entrepreneur’s fintech start-up selected for accelerator

She said the Fintech Innovation Lab will help her company “take the technology we have worked so hard on to the businesses that need it in an efficient and resource-appropriate way”.

09/03/2021

Largest digital wealth manager in Singapore, launches in Thailand

The platform has attracted clients from more than 160 countries

09/03/2021

Status Money transforms into a financial services provider

Status Money already helps 400,000+ customers manage their finances and track how they are performing against their peers through its app.

09/03/2021

Scotiabank Bahamas reports 61 percent increase in mobile and online banking usage

Customers can now transfer funds from their deposit account into their loan account to make a pre-payment.

09/02/2021

State Street Announces Appointment by my529 to Provide Range of Investment Servicing Solutions

State Street will provide my529 with accounting, daily NAV calculations, performance reporting, daily cash settlements as well as dynamic cash allocations, trading, and rebalancing services.

09/01/2021

SME lending toolkit Capitalise raises £10m to launch new services for accountants

Helping the advisor community access lending for small business clients.

09/01/2021

Kubota Forms Strategic Partnership with Accenture to Accelerate Digital Transformation

Program designed to help Kubota fulfill its mission around sustainability

09/01/2021

400 New Jobs for Kilkenny as State Street selects Ireland for its New Global Cybersecurity and Technology Unit

Availability of ‘tech talent’ and proximity to third level institutions a key consideration

09/01/2021

Xfers & SEBA Bank Named Finalists for Global CBDC Challenge organised by the Monetary Authority of Singapore

The joint proposal submitted by Xfers and SEBA Bank was shortlisted from over 300 applications representing over 50 countries and will be presented to the public and a panel of judges at the Singapore Fintech Festival on 08 November 2021.

08/31/2021

Standard bank selects TCS BaNCS cloud for digital claims transformation in short term insurance

TCS SaaS offering to help the leading South African insurer process claims faster, offer personalized customer experiences, and drive product innovation

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