InnovationRSS

FIs and fintechs set up new industry group, Consumer Financial Data Rights

Consumer rights

Financial services and fintech firms in the US come together to form a new industry group – Consumer Financial Data Rights (CFDR) – “to defend consumers’ access to their data and fuel innovation in fintech”.

Fintech tour Hong Kong: Blueprint for start-up success

Blueprint accelerator, Hong Kong

Hong Kong-based tech accelerator Blueprint is calling out to the region and the world for start-up applicants.

Top fintech stories this week – 20 January 2017

Banking Tech 2

Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

Fintech tour Hong Kong: Ayannah triumphs in start-up final

Next Money Fintech Finals 2017, Hong Kong

Philippines-based Ayannah, a provider of financial services to migrants and the unbanked, was the overall start-up winner in the Next Money Fintech Finals 2017 in Hong Kong.

Finra highlights possibilities of blockchain tech for the securities industry

Finra examines blockchain

Financial Industry Regulatory Authority (Finra), a non-governmental organisation that regulates member brokerage firms and exchange markets in the US, has published an extensive report, evaluating the implications of blockchain for the securities industry.

Blockchain can help investment banks save $8bn per year, Accenture says

Blockchain

Accenture and operations benchmarking consultancy firm McLagan evaluate the applications of distributed ledger technology (DLT) in investment banking operations in the “Banking on Blockchain” report.

Rabobank to modernise payments ops with ACI Worldwide

Real-time payments are coming to you

Rabobank is implementing ACI Worldwide’s UP Immediate Payments solution to support SEPA instant payments.

Financial innovation – a lifeline for SME funding

Katrin Herrling, Funding Xchange

Financial innovation is unlocking additional funding for small businesses that have been declined by their bank. Katrin Herrling, co-founder and CEO of Funding Xchange, explores.

Fintech tour Hong Kong: Park and ride

Hong Kong

Park and ride? A visit to the Hong Kong Science and Technology Parks Corporation (HKSTP) and an opportunity for fintechs to ride the start-up wave.

CMA comments on current account switching plans & VocaLink’s takeover by Mastercard

UK flag

The Competition and Markets Authority (CMA) in the UK has accepted undertakings from the Bacs payment scheme that commit it to delivering the improvements required by the CMA retail banking market investigation within a year.

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