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Innovation & Startups

06/21/2017

Atom Bank gets £30 million from the government as Philip Hammond pledges investment boost

Banks are required to maintain a certain amount of capital to secure their lending and other assets.

06/21/2017

KAL Launches Open Banking Technology Ahead of Europe’s PSD2 Initiative

PSD2 will transform the European financial sector, establishing what is widely known as Open APIs for banking.

06/20/2017

Goldman Sachs is ready to disrupt the financial industry’s startups

Goldman has traditionally aided mega companies and governments in raising money, but now it’s going after consumer loans ranging from $3,500 to $30,000.

06/20/2017

TechPreneur Africa and Abu Dhabi sign fintech start-up support agreement

The agreement means that African innovators and fintech start-ups can now apply to ADGM's regulatory laboratory sandbox.

06/19/2017

High-profile UK tech failures highlight danger of overhype

Failure itself is not unusual in the tech sector.

06/19/2017

Open banking demands foresight, but indicates robust new revenue streams

FinTechs are now earning higher positive customer experience scores than traditional banks, and banks are openly seeking to collaborate with FinTechs.

06/19/2017

Sedania expects earnings boost with Islamic FinTech platform from 2H17

The company said the acquisition is expected to be completed within 3QFY17, and to contribute positively to Sedania in 2HFY17 onwards.

06/19/2017

FinTech fraud firm AimBrain has closed its £4m Series A round

The startup’s platform is primarily targeted at financial services businesses and utilises deep learning to provide seamless identity authentication using biometrics.

06/16/2017

Fintechs must collaborate, not disrupt: Report

It is therefore critical for banks and Fintechs to consider collaboration as part of an integrated strategy.

06/16/2017

FinTech companies are beginning to make their mark on the global financial services market

FinTech companies know the digital space well.

06/15/2017

Tencent Wins Two Financial Innovation Awards

The achievements of Chinese financial technology companies have been receiving much attention from the Asia Pacific banking industry.

06/14/2017

Cetera Financial Institutions introduces insurance-focused portal

Portal launched with Covr Financial Technologies will streamline experience of selecting and purchasing insurance solutions

06/14/2017

Misys and D+H join forces to create the world’s third largest Fintech company

Operating under the new company name Finastra, the combination will create the third largest financial services technology company in the world.

06/12/2017

Former UBS innovation lead establishes cryptocurrency fund

The law firm MME Legal, which is specialized in blockchain and ICOs, advises Crypto Fund AG on legal matters.

06/11/2017

Seed fund raises $60m to back European tech start-ups

Firstminute to focus on robotics, artificial intelligence and the internet of things

06/09/2017

Synechron partners with Misys to demonstrate Corporate Banking and Capital Markets expertise

The Capital Markets sites will cover the Misys FusionCapital suite of products for Treasury and Capital Markets.

06/09/2017

Moneythor at heart of Crédit Mutuel Arkéa’s fintech start-up

Didier Ardouin, CEO of Max, says its services are “built with the integration of proven fintech products and Moneythor allows us to deliver an unmatched level of agility and accuracy in recommendations”.

06/08/2017

BNY Mellon Appoints Chief Information Officer

She will be responsible for setting the strategic direction and execution of the firm's technology agenda.

06/08/2017

Could A Robo Advisor Know A Client As Well As A Human?

At a fintech event hosted by SIFMA, Betterment's general counsel challenged some of the industry's assumptions about technology.

06/08/2017

Innovation a leadership game for Gilbert + Tobin, KWM, Clayton Utz & law firms

The evolution of legal services will include skills from a range of specialties.

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