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Fintech alliance round-up: 15 September 2017

Red heart shaped tree

The power of love, a force from above, cleaning my soul – flame on burn desire, love with tongues of fire, purge the soul, make fintech alliances your goal. Our latest cuddly round-up features the Securities Commission Malaysia, Dubai Financial Services Authority, Monetary Authority of Singapore, Taiwan Stock Exchange and Nasdaq. The Securities Commission Malaysia […]

BitFlyer competes for Japanese Bankers Association’s blockchain experiment attention

QuantHouse hopes to capitalise on demand for algo trading in Japan

Tokyo-based Bitcoin exchange BitFlyer has been selected as a partner vendor to provide an experimental environment for the Japanese Bankers Association’s “collaborative blockchain platform”. BitFlyer’s proprietary blockchain technology – Miyabi – will be used and the platform is scheduled to begin operation in October. Miyabi is a private blockchain “exclusively” for enterprise users. The experiment […]

OCC isn’t ready for fintech charter applications just yet

Office of the Comptroller of the Currency

Acting Comptroller of the Currency Keith Noreika told FinovateFall attendees in New York this week that the agency is still in the exploratory phase of its fintech charter, according to news reports. Paybefore (Banking Technology‘s sister publication) reports that the controversial fintech charter has been welcomed by some in the industry, although there is some […]

Top fintech stories this week – 15 September 2017

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

Corporate banking: work smarter, not harder. On user self-onboarding

Bartosz Lerka, Comarch

Why would a bank let their corporates indulge in setting up system privileges online – without keeping close tabs on the process? Here’s why.

Royal Bank of Canada pilots AI-powered finance guide

rbc logo

Royal Bank of Canada (RBC), with the help of Personetics Cognitive Banking’s applications, will deliver two new services this autumn that provide AI-powered financial guidance and an automated savings programme through the bank’s mobile app. The development follows on from last month, when RBC unveiled these two digital services – called NOMI Insights and NOMI […]

Startupbootcamp InsurTech seeks storming start-ups

startup - FOT A

London-based accelerator Startupbootcamp InsurTech is on the search for the next wave of insurance-inspired start-ups to “take the industry by storm”. Startupbootcamp InsurTech says the process of searching for and purchasing something on Amazon or booking peer-reviewed accommodations in a different country at the touch of a finger, condition people to “expect this fluidity and […]

UK to get New Payment Systems Operator by year’s end

PSR calls for more competition in payments

The Payment Systems Regulator (PSR) and Bank of England (BoE) have revealed that the UK will be getting the New Payment Systems Operator (NPSO) by the end of 2017. The duo says that the Payment System Operator Delivery Group (PSODG) has completed the necessary steps to deliver what was asked and so with the NPSO […]

Yes Fintech calls on fintech start-ups worldwide to apply for second cohort

Investment funding

Yes Bank, one of the largest banks in India, us calling for start-ups to apply for the second cohort of its Yes Fintech innovation programme.

AI is starting to get seriously smart, perhaps worryingly so

Neon brain. Cpu. Circuit board. Abstract technology background. Vector illustration. Eps 10

We’ve seen a couple of artificial intelligence (AI) shout-outs this week with Microsoft targeting telcos’ worryingly poor customer service record and European scientists potentially creating the building blocks for Skynet, reports Telecoms.com (Banking Technology’s sister publication). Starting in the Microsoft offices, the team has paired up with Amdocs to provide an intelligent solution to one […]

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