Fintech Radar

Daily News around Fintech

CommonBond, a leading financial technology company that helps students and graduates pay for higher education, today announces the launch of student loa...

Snapshot Games, the studio behind Kickstarter alum Chao Reborn, announced on Tuesday it is now seeking $500,000 on crowdfunding platform Fig for its new vi

When he was in college, Nicholas Britz planned to build robots. But once the dot-com bubble burst in 1999, he wanted to figure out how companies ...

The combined market value of every cryptocurrency in circulation has pushed beyond the significant milestone of $30 billion for the first time ever.

It’s easy to think that Public API’s are just about regulation, such as PSD2 in Europe, driving open...

Since publishing my article “ Why We Need to Address Crowdfunding Education Now ” on Crowdfund Insider last November, I am often asked what would be my fir

On Tuesday, Ohio-based companies KeyBank, Progressive, The Kroger Co., Grange Insurance, Huntington, FifthThird, First Federal Lakewood, Root Insurance, an

California has dusted off its notion of a ‘Virtual Currency Act.’ A new bill seeks to prohibit a person from engaging in any virtual currency business sans license from the Commissioner of Business Oversight (or is therefrom exempt).

SEC Advisory Committee On Small And Emerging Companies (ACSEC) has scheduled a meeting for May 10, 2017. The ACSEC meeting will commence at 9:30AM and will

On Tuesday, healthcare tech startup, Patientory, announced the launch of its healthcare crypto-token currency. According to the company, the tokens will be

Proponents of extension blocks see it as a way to scale network capacity that will appeal to the various factions in the current debate.

Hyperledger is the platform of choice for a joint Blockchain initiative by SWIFT and a selection of major banks.

Cointelegraph spoke to Charlie Shrem at BlockShow Europe 2017 about the maturing of the Blockchain technology, as well as what we should expect next.

In the world of cryptocurrency, there are two main types of ecosystems. Either a cryptocurrency is inflationary – with new coins generated by mining or staking – or it is deflationary. A lot of people claim bitcoin’s deflationary status is a problem, an...

Paladin fs, an IT banking contractor company, announced on Tuesday the launch of Quote Check, its newest service offering that helps bankers before signing

With dozens of companies slated to take the Finovate stage over the next two days, we’re placing the final touches each of the 7-minute demos. FinovateSpring begins tomorrow (still time to register) and we’re excited to watch these perfected demos at th...

People actively involved in bitcoin and cryptocurrency will have heard developers refer to the “testnet” on more than one occasion. However, a lot of people still do not realize what such a testnet is, or why it is even useful. One should never underest...

SEC has granted a request by the Bats BZX Exchange, Inc. to review its decision of disapproving the bitcoin ETF back in March this year.

The election of Donald Trump has brought uncertainty and relief to bankers in seemingly equal measure. In terms of regulation, relief may be predominating

Kyobo Life, one of the largest insurance providers in the country, was selected by the South Korean government as the major operator of its Blockchain project.

Today, Plaid and Dwolla announced a new partnership to offer a fully tokenized ACH payment integration. The partnership makes it possible to tokenize a...

"Before 1970, the United States was in a radically different place.Our environment, our cities, our people: abused, dirty, and sick after years of neglect.

I2C, a global provider of smarter payments and integrated commerce solutions, and Bento for Business, the leading provider of impactful expense manageme...

Electric vehicles are all of the rage right now, and that situation will not change anytime soon. Significant advancements have been made in this industry over the past few years. Late last week, the world’s first electric jet plane took off and landed ...

Earlier this month, creators of the hit Kickstarter-funded card game project, Bears vs. Babies, Elan Lee and Matthew Inman, announced shipping confirmation

DH Corporation (TSX: DH) (“D+H”), a leading provider of technology solutions to financial institutions globally, today announced that Corporate One Fede...

There is still uncertainty around the fate of the Order Protection Rule, a key rule governing U.S. s...

The WSJ reported last week that one of Theranos' investors filed suit, alleging that the company misled directors about its testing procedures.

CommonBond, a student loan provider that previously offered financing only to MBA students, has pushed into student loans for both current undergraduates a

Moldable glue company, Sugru, announced on Tuesday that due to continuous interest from various investors, it has decided to extend its latest equity crowd

The Securities and Exchange Commission (SEC) will hold its first "Twitter Chat" on investing wisely. According to the SEC, the outreach is part of  Money S

Avaloq intends to further capitalise on the opportunities offered by the ongoing transformation and digitalisation of the financial industry.

Shaolinfry, contributor of the user-activated soft fork proposal, has made a further proposal which would cause it to lock in after a certain time window.

The pay-as-you-go model of SaaS -- software as a service -- has certainly gained traction in the world of banking. SaaS has helped banks and other

Order ahead has become the new arms race in food, according to Olo CEO Noah Glass. He says his platform can help firms stay ahead.

Over the past few weeks, there have been quite a few intriguing technological breakthroughs for the healthcare sector. Not only are scientists working on an artificial lung, but it now appears patching up heart tissue is about to become a lot easier. Up...

This Mother's Day, the NRF's survey is predicting the highest amount of consumer spend in its 14-year research history.

Knitters of the world unite - and shop. That is the goal of LoveCraft, a social commerce network for knitters and crochet lovers that just raised $33M.

While some transactions are delayed, preferential treatments have been given to transactions where fees are applicable, thereby chipping into one of the acclaimed advantages of peer-to-peer transactions which is the absence of charges.

GLG Partners has hired a head of machine learning. Financial News reports that this is a new role en...

XY Planning Network (XYPN) announced on Tuesday it has opened application registration for its second annual Fintech Competition during its #XYPN17, which

In an unprecedented cross-industry partnership, Ohio-based flagship companies are launching a new global Fintech accelerator.

FIS (NYSE:FIS), a global leader in financial services technology, and The Clearing House Payments Company L.L.C. (TCH) announced today the launch of a h...

John Dancu, president and CEO of IDology, shares his thoughts on why the identity verification space today can benefit from a broader perspective.

Symbiont has appointed Dr. Zhong Shao, a Yale professor of computer science and leading expert in formal verification of software, to its Technical Advi...

2016 was punctuated by a large number of banks announcing their intentions to cut costs. In the UK w...

OpenDoor Securities (“OpenDoor”) is today launching the first trading platform dedicated to improving liquidity in the less liquid segments of the U.S....

OpenDoor Securities (“OpenDoor”) is today launching the first trading platform dedicated to improving liquidity in the less liquid segments of the U.S....

It’s crunch time for the Big Data crunchers. Having lavished millions of dollars on data scientists ...

Fintech expert and 'Around the Coin' co-host Faisal Khan shares his thoughts on the upcoming MoneyGram merger/acquisition.

Bitcoin scaling solutions are not all that difficult to come by these days. Segregated Witness, Bitcoin Unlimited, BIP 100, and Extensions Blocks are just a few of the possible solutions. Plus, there is also the user-activated soft fork to take into acc...

The National University of Singapore (NUS) School of Computing and the IBM Center for Blockchain Innovation (ICBI), a part of IBM Research, announced on Tu

The GLS crowd, the first crowdfund platform initiated by a bank, has successfully funded their second project since their platform launch on 1 February 201

nCino, the worldwide leader in cloud banking, has again broadened the scope of its Bank Operating System to give financial institutions the front-end di...

Chichester Member of Parliament Andrew Tyrie has announced he will not stand for election this coming June. Tyrie has been the highly influential Chair of

BitPay CEO Stephen Pair signals progress in Bitcoin upgrade. BitPay wants extension blocks, but no hard forks.

That bank’s mobile app has a killer P2P feature—too bad most consumers are busy checking their balances. According to the April Monkey Insights report

New mobile wallets and digital payment innovators are threatening banks' traditional relationships with consumers, forcing banking to respond.

Geezeo, a leading fintech company that offers integrated retail and business financial management solutions, today announced that they have signed Liber...

MPIRICA Health Inc., a Bellevue, Washington-based healthcare quality transparency startup, has received $4.6 million in funding led by OurCrowd, a g

BOZEMAN, Mont., April 25, 2017 /PRNewswire/ -- XYPN Announces 2nd Annual #XYPN17 Advisor Fintech Competition.

SmartBiz Loans, an online SBA marketplace and bank-enabling technology, announced on Tuesday it added Five Star Bank to its technology network. The company

There is an obvious correlation between bitcoin and Amazon, even though using the two together is not as straightforward as one might think. It is still not possible to use bitcoin directly on Amazon, yet there are some alternative solutions to do so. A...

Tether.to’s USDT token has slid below parity with the dollar as its banking woes continue in Taiwan.

The app, Dave, wants to put an end to overdraft fees and help people during tough financial times.

SINGAPORE and ARMONK, N.Y., April 25, 2017 /PRNewswire/ -- The National University of Singapore (NUS) School of Computing and the IBM Center for Blockchain Innovation (ICBI), a part of IBM Research, are collaborating to jointly develop a module on finan...

SINGAPORE and ARMONK, N.Y., April 25, 2017 /PRNewswire/ -- The National University of Singapore (NUS) School of Computing and the IBM Center for Blockchain Innovation (ICBI), a part of IBM Research, are collaborating to jointly develop a module on finan...

The National University of Singapore (NUS), the country’s largest university by curriculum offered and student enrollment, is collaborating with IBM to develop educational modules on blockchain technology.

Social Networks, e-Commerce Platforms, and the Growth of Digital Payment Ecosystems in China: What it Means for Other Countries

The lack of regulation or maturity are cited as reasons by regulators for not approving Bitcoin-based financial products. But the same financial institutions refuse to regulate them.

eZforex.com, Inc. (eZforex), a national leader in providing foreign currency for travelers through financial institutions and cutting-edge international...

Student loans aren't the most interesting financial assets, but they are one of the biggest.

Whilst there’s little denying that AI, machine learning and automation are some of the most importan...

There is big change afoot in the world of retail banking. Over the past few weeks, the rollout of th...

Crowd wisdom startup Gnosis sold out of its tokens in 10 minutes despite measures designed to produce a steady ICO.

Ben Stanway, Co-Founder & CEO, Moneybox, discusses how technology is changing the way consumers handle their finances and what needs to happen to ta...

FinTechs could be hurt by a fight between the OCC and some states over a special purpose banking charter.

In an Interpol-led investigation, it was found that thousands of servers and hundreds of websites in the Southeast Asia region were compromised.

Thanks to a boom in English speaking tourists and a move to create AI devices that understand English, Icelandic language is at risk of becoming obsolete.

To move into a greater number of markets, international online home goods retailer vidaXL recently selected global marketplace solutions provider Mirakl.

Recent data shows that while eCommerce sales in China are no longer growing at a breakneck pace, the market will still continue to grow at a steady pace.

FinTechs could be hurt by a fight between the OCC and some states over a special purpose banking charter.

AI can and will do much to change the world in good ways, according to Alibaba CEO Jack Ma. But left unchecked, it could create more sadness than happiness.

nChain Holdings, the firm Bbitcoin’s alleged founder Craig Wright used to file his early bitcoin patents has been sold to private investors.

Consumers' lack of trust online is hurting the growth of eCommerce around the globe, a new research study finds.

Token announced it has raised $15.7 million in a Series A round of funding.

China’s state-backed card company UnionPay is pushing global expansion as it moves to take on Visa and Mastercard more broadly.

Pay by Bank app has announced a partnership with Starling Bank that will launch its market leading mobile payments service to Starling Bank’s customers.

Bram Cohen, the creator of BitTorrent, has announced he will create his own cryptocurrency to address Bitcoin’s alleged problems.

Vontobel, a provider of electronic execution services in the Swiss market has become Turquoise’s first direct member from Switzerland to provide access...

LendKey, a leading lending-as-a-service provider for banks and credit unions, released its Student Loan Refinance Report, its second in a series that highl

Last week, ONGO, a mobile payments platform based in Myanmar, announced a strategic partnership with the National Bank of Canada (NBC). According to ONGO's

According to multiple new sources, MobiKwik and FreeCharge are considering an all-stock deal merger. Post-merger, the platform also anticipates an addition

Humaniq, the Ethereum Blockchain banking app, has announced six exchanges will host its HMQ asset after its ICO ends.

BBVA's ongoing strategy to buy out promising fintech startups has moved ahead with the acquisition of Mexican B2B payments platform Openpay.

Rose Beaumont, Group Head of Communications, Mastercard Europe, speaks about the importance of STEM and encouraging school-age girls to get involved in...

ENSO, a NEX Group business and leading portfolio finance and centralized treasury management solution for the buy-side, announces today that it plans to...

The demand for robo-advice rises with income, despite it being widely seen as a low-cost financial advice solution, according to Deloitte, the business...

As the FCA publishes its near final rules on MiFID II and fines a former investment banker for shari...

The Bank of Maharashtra (BoM) lost Rs 6.14 crore to four hacks in 49 days a bug - the result of a bug in the bank's UPI app.

ITG (NYSE:ITG), a leading independent broker and financial technology provider, today announced plans to offer conditional orders for POSIT Alert®...

OneMarketData, LLC, the creators of OneTick, the premier solution for event stream processing and tick data management, today announced the launch of On...

Hyannis Port Research (HPR), makers of Riskbot, today announced the completion of their MiFID II product portfolio, adding software-based technology to...

Some technology startup companies are raising money in a new way, by issuing digital tokens in return for funds.  This is often colloquially called “doing an ICO”, and this article aims to explain how this works. Raising money Traditionally, there are t...

4most, the global credit risk consultancy, today announces the appointment of John Webb as Head of Commercial Credit Risk. John joins 4most from Deloitt...

Kx Systems, a subsidiary of First Derivatives (FD) plc, announces that Squarepoint Capital, a global systematic investment manager, has significantly ex...

The development of mobile mortgage solutions has to strike a delicate balance between self-service and making humans readily available for the stressful process.

Opus, the leading provider of innovative compliance and risk management solutions, announced today the opening of a new Asia Pacific office in Singapore...

On the eve of the 24th of April 2017, the Luxembourg House of Financial Technology (LHoFT) hosted an event to celebrate the official opening of its Inno...

Visa Checkout will be available for all services handled by PayU in a couple of weeks and earlier, within a pilot programme, it will be implemented by s...

In response to increasing customer demand for its payments, gift, loyalty and membership card services, Thames Card Technology has invested £2m+ in...

Visa, the global leader in payments, has partnered with the local polytechnics and Singapore FinTech Association to nurture future talent through a seri...

Firms are taking control of the entire value chain to benefit from scale, reduced costs, agility and...

BBVA Bancomer, a fully owned subsidiary of BBVA, has acquired Mexico-based payments start-up Openpay to tap into its network of more than 15,000 payment reception points across the country. Openpay offers a platform for physical and electronic payments ...

In the context of the Horizontal Taskforce on Fintech and Distributed Ledger Technologies (DLT), the European Parliament has mandated the European Commissi

Interbank messaging network Swift has rounded up an initial group of six leading correspondent banks to participate in proof-of-concept trials to determ...

Standard Chartered has initiated proof-of-concept trials on robo-advisory services and blockchain with two startups graduating from Hong Kong's SuperCha...

Welcome to Finextra's live coverage of the Swift Business Forum in London. This year’s conference will focus on the key issues affecting the financial i...

Where will our next-generation financial services come from, the Legacy West or the Growth East? Story by Chris Skinner.

AI at DFKI (Image source: DFKI) Accenture and the German Research Centre for Artificial Intelligence (DFKI) have formed an alliance to make the most out of artificial intelligence (AI) technologies. Accenture Analytics, part of Accenture Digital, will w...

The trucking industry is one the most mobile workforces in America. But it hasn't been the first priority for mobilization by tech solutions companies.

Software AG and OSIsoft partner on digital transformation.

We know a lot of facts and figures on payday lending — and now Pew has released some data on how the average consumer and payday borrower feel about the loans.

Using machine learning to fight fraud may just be starting to see its day in the sun, but if industry trends are to be believed, it’s fast becoming the soul of the global fraud fighting machine. From offering fraud protection to identity verification, m...

This article from Lets Talk Payments contains an exclusive interview with Travis Jarae, CEO and Founder of One World Identity.

Fintech startup Flux has begun pilot trials of a service to convert paper receipts to mobile data services.

In an age where FinTech upstarts, payments companies and banks vie for the same customers, might regulations force them to collaborate?

In an age where FinTech upstarts, payments companies and banks vie for the same customers, might regulations force them to collaborate?

Amadeus teams up with U.S. Bank for Amadeus B2B Wallet offering to enhance virtual payments for travel agencies.

Mike Townsend and Brian Roemmele cover many topics on the latest Around the Coin podcast, including blockchain, AI and Jeff Bezos.

This article from Lets Talk Payments talks about the 10 things you need to know about the final RTS of PSD2.

Perhaps the way mobile payments work now isn’t much of a guide to the way they will work in the future, says Dave Birch.

Challenger fintech banks will need to achieve scale to maximize cost and feature benefits against legacy banking organizations.

Challenger fintech banks will need to achieve scale to maximize cost and feature benefits against legacy banking organizations.

Banks and credit unions must manage employee incentives if they hope to keep their brands and their employees on the right track.

Source Have you ever thought how much credit Betterment and Wealthfront merit, for the growth in passive investing, for pushing financial inclusion, for reducing costs? Do you realize how much Robos have changed the flow of funds into ETF vehicles? Now ...

Recently we stumbled on a company – Foxminers LLC – supposedly offering cutting edge ASICs for unbeatable prices. The company claimed these ASICS are made with proprietary chips capable of mining both Sha256 and Scrypt. Upon investigating, it became inc...

Sebastiaan van den Berg, chief investment officer and head of principal investments at Sun Hung Kai & Co., discusses the opportunities and challenges in China's fintech industry. He speaks on "Bloomberg Markets: Asia." (Source: Bloomberg)

New apps help people save more money, pay bills and cope with fluctuations in income.

The Singapore based platform, Woomentum, has announced its plan to expand into the emerging market in Vietnam. Woomentum, founded by Mouna Aouri, is a crow

US EMV use has hit a milestone, writes Banking Technology‘s sister publication Paybefore. For the first time, the number of Visa chip card transactions topped one billion last month, a 330% increase from March 2016. The announcement comes as the payment...

Former UK government minister Mark Simmonds has teamed up with fintech veteran Hirander Misra on a venture that aims to help African smallholder farmers...

TradAir, the global provider of trading technology solutions for banks, brokers, prime of primes and regulated marketplaces, is using AWS’s London Regio...

Manchester, UK-based payments router AccessPay has secured £2 million in debt financing from Clydesdale and Yorkshire Bank amid plans for a recruit...

A new GAO report highlights data security as an issue for fintech and its band of many regulators.

BBD-FNB Ltd., a China based big data provider has created a "Global Crowdfunding Index" in partnership with Crowdsurfer and the Academy of Internet Finance

Worth $850m to Oracle Oracle has continued its quest to buy its way into the cloud game with the acquisition of ad tracking company Moat for a reported $850 million, writes Telecoms.com (Banking Technology‘s sister publication). Having recently admitted...

Lending Club (NYSE:LC) has scheduled its annual shareholders meeting for June 6, 2017.  Stockholders must own shares as of close of business on April 10, 2

Verne Global, a global developer at the forefront of data center infrastructure design, today announced the availability of a range of BT Radianz connec...

Roostify, a provider of automated mortgage transaction technology, today announced it has named Frank Gelbart as Chief Revenue Officer. Frank will be re...

China leads the world in investment in the financial technology sector. Despite challenges to developing the sector, China's fintech holds great potential.

Less than one month after launching its new equity crowdfunding round on Invesdor, Finland-based Ägräs Distillery has successfully secured its initial €100

Barclays Bank recently selected the 10 fintech startups that will be participation in its second acceleration program, powered by TechStars, at its Africa’

HCL Technologies (HCL), a leading global IT services company, today announced an agreement to acquire Urban Fulfillment Services, LLC, (“UFS”), a provid...

Andreas Antonopoulos and other experts have denied having any connection with the advertisement of a Blockchain conference in Lagos, Nigeria on 14 and 15 August 2017.

Payments stocks were weighted just a bit to the upside as earnings season got officially under way.

With less than two weeks until its equity crowdfunding campaign on Crowdcube comes to an end, food and beverage online marketplace, TheFoodMarket has succe

We’ve already seen several major carmakers jump into the IoT, showcasing in-vehicle payments tech. Most recently, Jaguar and Shell showcased fuel payments

Zhou’er’s Litecoin mining pool LTC1BTC is still mining SegWit blocks and signaling the activation of SegWit, according to various mining statistics providers.

Most organisations aspire to be on good terms with their suppliers; indeed, collaboration has become...

Europe is starting to become a haven for Bitcoin users and businesses. Regulators have demonstrated a positive outlook on both Bitcoin and Blockchain development.

Watch what would happen to stock prices in the coming two weeks as the runoff vote for the next French president holds on May 7.

Innovate Finance announced on Monday its members will be joining a RegTech delegation to New York City this week, which is being organized by the Departmen

The internet has long been plagued by hackers who, more often than not, will even commit crimes in order to get paid. Although there are a lot of malicious hackers out there, there are also ethical hackers, known as white-hat hackers. These have even be...