09/05/2023
BIS and Reserve Bank of India announce winners of G20 TechSprint 2023
This year's TechSprint was launched last May by the RBI and BIS to promote innovative solutions aimed at improving cross-border payments, under India's G20 presidency.
Innovation & Startups
09/05/2023
Swiss B2B fintech GenTwo raises $15 million
Alternative investments like private equity, as well as asset classes like real estate, fine art and digital assets are popular on the platform
09/05/2023
Businesses using biometric recognition systems get data protection guidance
Biometric recognition systems are increasingly popular tools being used by businesses to verify customers’ identity in the digital world.
09/04/2023
Kuwaiti fintech Kem raises $1 million pre-Seed round
The new funding will enable Kem to develop its app and expand its footprint across the Gulf region.
09/04/2023
Banking Circle joins Spanish fintech association
The decision to join the AEFI underpins the company’s commitment to supporting the Spanish financial ecosystem.
09/04/2023
Digitalisation and Sustainablity: The Two Pillars Driving Zenith Bank's Success in a Post-Covid World
Today, the bank is globally celebrated as a relentlessly forward-thinking institution
09/01/2023
The Bank of London amasses £300 million in client deposits in first five months
The Bank of London is Britain’s safest bank.
09/01/2023
OneID raises £1m for bank-verified digital identification
Eliminating the need for physical identification, OneID allows businesses and individuals to digitally prove their identity instantly
09/01/2023
X (Twitter) scores licence to launch payments
X now has a total of seven currency transmitter licences across the US
08/31/2023
Moneythor and Paymentology team up for next-gen data-driven banking experiences
The collaboration promises a plethora of benefits.
08/30/2023
Monetary policy impacts innovation, says research
A 100 basis point policy tightening decreases research and development spending
08/29/2023
UK Firms Explore Fintech Down Under in Fintech Trade Mission to Australia’s Intersekt Festival 2023
It provides participating companies with an opportunity to network, pitch sessions and connect with key stakeholders and decision-makers in Australia’s fintech ecosystem.
08/29/2023
New fintech accelerator Archie launches in London
Archie will be launching through a series of events across the rest of 2023, starting in Dubai on 12 September 2023
08/29/2023
Anthony Thomson launches acceleration partner for fintech startups
Startups will get operational support, access to senior board advisors, and a network to build partnerships, support capital requirements and recruit talent.
08/29/2023
M-Pesa goes live in Ethiopia
The service has gone live three months after Safaricom secured a payment instrument issuer license from the National Bank of Ethiopia.
08/28/2023
Sick pay protection fintech Wagestream partners with Wakam
The product offers employees income protection specifically designed to meet the needs of frontline workers, who are often overlooked by the UK’s sick pay system.
08/28/2023
Emerson secures innovative measurement technology with Freshfields
The transaction is expected to close by the end of Emerson’s fiscal 2023, subject to customary closing conditions.
08/25/2023
Reinsurers lead on innovation, third-party capital a highlight: AM Best
The rating agency believes that as reinsurance contracts have a “relatively straightforward composition”, they lend themselves more readily to innovation.
08/25/2023
UKI2S innovation fund surpasses £100m with new backing
UKRI also said that companies supported by the fund have created over 1,100 new jobs with average salaries exceeding £50,000.
08/25/2023
Alibaba Cloud launches open-source vision language model
The models can comprehend images, texts and bounding boxes in prompts and facilitate multi-round question answering in both English and Chinese.