IOTRSS

Top fintech stories this week – 13 October 2017

Banking Technology logo

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

Alibaba sets aside $15bn R&D war chest to be a world beater

alibaba 1

How do you try and become one of the biggest and most influential technology companies in the world? Just move the $15 billion you have stashed away into the R&D business.

Salesforce launches CRM/IoT starter kit

Now with IoT

Salesforce is stepping up its internet of things (IoT) game, launching a low-code service to help enterprises get started using IoT to improve customer relationships.

Dell putting its company muscle behind new IoT strategy

Michael Dell

Dell Technologies is looking to leverage the various parts of the company into a new internet of things (IoT) strategy that focuses on the edge of the network, hyperconverged infrastructure at the middle, cloud computing in the data centre, as well as the end points picking up all the data.

Truphone raises $339m to fuel global expansion

What would you do with $3

What would you do with $339 million? London-based mobile operator Truphone gets to answer that question today as it closes its $339 million (£255 million) private equity round.

We’re at the very beginning of the next technological revolution – Nokia’s CTO

Digital Futures panel Stephen Carter

Analyst firm Ovum hosted its Digital Futures event at which Nokia’s CTO explained why we need to fundamentally redesign the network.

Intel and Tencent team up for blockchain tech

china-square-flag

Chinese investment holding company Tencent and US-based Intel have joined forces to co-operate on blockchain projects.

PayPal launches two innovation labs in India

RBI

PayPal has set up two innovation labs in India – based out of the company’s tech centres in Chennai and Bangalore – to help the country’s fintech start-ups grow.

FitPay and Mastercard take prepaid to wearables and IoT

FitPay

FitPay Inc, a US-based provider of payment, credential management and authentication platform services, is planning to offer prepaid capabilities on wearable and other devices connected to its FitPay Payment Platform.

Softbank ups investment in security AI firm Cybereason

Robots

Softbank has upped its investment in security firm Cybereason, as the focus on artificial intelligence (AI) continues.

@banking
techno