Citi Digital Money Symposium: learning to swim during a tsunami


At yesterday’s Citi Digital Money Symposium, the question of a strategic response to fintech and the broader innovation challenge was posed to speakers from a number of large incumbent firms in the financial services sector.

Diamonds and blockchain are forever for SAP Ariba

SAP Ariba 1

SAP Ariba has unveiled its plans to use blockchain across its cloud-based applications and business network for trading goods and services. Among the first applications that SAP Ariba sees potential in involves the tracking and tracing of goods. SAP Ariba will join forces with Everledger, a London-based fintech firm. The latter captures the defining characteristics […]

Walmart pushes omnichannel shopping with new tech incubator


Walmart recently announced another step toward further developing its e-commerce business with the creation of a technology incubator called Store No. 8 to create new retail online businesses as well as help the retail giant better compete against Amazon.

IBM Cloud comes to China

Wanda Plaza, Beijing

Wanda Internet Technology and IBM have signed an agreement for the former to enter the public cloud business in China. This will be done via a new firm – Wanda Cloud Company – built on the IBM Cloud Platform.

Inter-American Development Bank launches Finconecta ecosystem

Inter-American Development Bank

Inter-American Development Bank (IDB) and Florida-based fintech firm Above & Beyond (A&B) have unveiled “Finconecta”, a ten-month programme which integrates fintechs and financial institutions (FI) in an interconnected ecosystem. The technology platform behind it is called “Forward”, which was built by A&B, and is described as an app store-styled marketplace that allows firms to expose […]

Jack Henry turns to Geezeo for personal finance management tools

Jack Henry and Geezeo team up

Jack Henry & Associates, one of the “big four” banking technology vendors in the US, has joined forces with personal financial management (PFM) firm Geezeo to help consumers manage their finances.

Analysis: banking innovation in the US

ready for innovation

Banking Technology puts the banking innovation in the US under the spotlight. The market is not short of digital offerings: Simple, Moven, Kabbage, Acorns, Earny, Debitize, MagnifyMoney and more – take your pick!

Singapore and Japan set up fintech framework


The Financial Services Agency of Japan (JFSA) and the Monetary Authority of Singapore (MAS) have established a co-operation framework for fintech links between both countries. The framework enables MAS and JFSA to refer fintech companies in their countries to each other’s markets. It also outlines how the referred companies can initiate discussions with the regulatory […]

Barclaycard gets Uber momentum


Barclaycard and Uber have agreed a new commercial agreement that will see Barclaycard customers get “exclusive offers” when they use their personal card to pay for their Uber rides. The deal means Barclaycard’s personal credit card customers can get a free Uber ride, up to the value of £15, for every ten that they take […]

Penta and SolarisBank team for business bank accounts for German SMEs

Berlin: where banking innovation happens

Two Berlin-based fintech firms, Penta and SolarisBank, have joined forces to provide German businesses with “fast access to bank accounts”.