Friday , June 23 2017

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June, 2017

  • 23 June

    Barclays, State Street, Credit Suisse, Bank of Ireland & Fidelity Discuss the Future of Blockchain

    Barclays, State Street, Credit Suisse, Bank of Ireland & Fidelity are among 10 host sponsors who will utilise the 2nd Blockchain for Finance Conference, Europe (October 3-4, Dublin) as a platform to debate critical challenges facing financial services when it comes to blockchain adoption. As financial institutions continue to plot …

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  • 23 June

    Kompli-Global’s RegTech Services Will Make Life More Difficult for Money Launderers

    Life is about to get tougher for money launderers. One of the new government’s first tasks will be to approve draft regulations to implement EU 4MLD[i]. These new regulations, with their more rigorous approach, apply to banks and other relevant persons[ii]. One of the major changes is the need to thoroughly …

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  • 23 June

    Iris Capital announces the €250M first closing of its new VC fund IrisNext

    Paris, June 21st 2017 – Iris Capital, a leading pan-European venture capital firm, announces today the launch of IrisNext, its new fund focusing on digital transformation opportunities, with a first €250M closing. IrisNext will invest in startups from seed to growth stage, from €1m up to €30m, giving Iris Capital …

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  • 22 June

    Money20/20 Europe announces move for 2018 to Amsterdam

    Ascential plc (LSE: ASCL.L), the global, business-to-business information company, today announces that Money20/20 Europe, its leading pan-European FinTech event, will move venue to the Rai in Amsterdam, in June 2018.  Money20/20 Europe launched in 2016, attracting just under 4,000 attendees to the Bella Center in Copenhagen. Its second edition, also at the Bella Center, …

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  • 22 June

    Exscudo becomes an official sponsor of Money20/20 Europe 

    Exscudo becomes an official sponsor of one of the major specialized events in fintech industry Money20/20 Europe to be held in Copenhagen on June 26-28th. In terms of Money20/20 Europe Exscudo is going to present its products at the exposition stand at Startup City section. Anyone willing to set an appointment with …

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  • 21 June

    Blockchain and Fraud Risk — What’s it look like? We take you through two cases

    Like any means of value transfer and storage, solutions based on blockchain technology are vulnerable to fraud. According to the Association of Certified Fraud Examiners (ACFE) fraud is: An intentional act or omission designed to deceive others, resulting in the victim suffering a loss and/or the perpetrator achieving a gain. …

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  • 21 June

    Can Fintech mitigate our Hyperbolic Discounting Biases?

    Fintech is the use of technology driven innovation in the financial services sector to optimise resources to compete with the traditional financial institutions and intermediaries by delivering enhanced services to the customers.  A recent study by Accenture[1] reports that investment in Fintech companies grew by 201% globally in 2014, compared …

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  • 20 June

    From Blockchain Innovation to Ownership

    Blockchain is arguably the most transformative technology since the invention of the Internet. Initially, the cryptocurrency use case with Bitcoin was fuelled by talented developers who were passionate about its stateless ideology. In the Blockchain Adoption Curve (Figure #1), these innovators represented talented technical minds who believed that blockchain could …

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  • 20 June

    Brexit: Fintech’s Finest Hour…?

    Dear Editor, It is easy to forget, amongst all the jostling for what the final commercial Brexit position is, the mammoth (some might argue mechanical) task of amending and putting in place new legislation to give effect to that position. This is an unprecedented complex task at hand, and one …

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  • 20 June

    Santiment engaging with university researchers to develop cryptocurrency sector

    Santiment are a pioneer in developing objective research and data for the cryptocurrency sector, and have conducted analysis on impact of social media sentiment on returns. Research aims to provide insight into drivers for crypto prices Santiment, the world’s first crypto-market datafeeds platform is making an open database, and expert-curated …

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  • 20 June

    FCA Urged To Upgrade Register Or Risk Third-Party Fraud ‘Disaster’

    Industry groups have warned UK regulators there will be no way of knowing whether third-party fintechs are authorised providers or fraudsters once the revised Payment Services Directive (PSD2) goes live in January. In a joint consultation response to the Financial Conduct Authority (FCA), four financial sector associations called for its …

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  • 20 June

    Brighton – The UKs next Digital Tech Hub

    Brighton: the iconic seaside city on the south coast of England. With a typical but long history shared with many cities and towns up and down Britain, it’s onward and upward for this thriving and forward looking fold of the coast in East Sussex. Growing confidence and investment form around …

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  • 20 June

    The financial ecosystem Exscudo has launched a helpdesk for its customers

    Exscudo is the nextgen financial ecosystem that unites the traditional financial system and the cybercurrency market. The main goal of the project is to create a single gate to cybercurrency market for simple users, professional traders, investors and financial institutions. Exscudo’s ecosystem consists of a Stock exchange, as well as …

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  • 17 June

    Could GovTech become bigger than FinTech?

    GovTech is gaining momentum as it is passes from an emergent state and is poised to go global. It could be today in a similar investment position as FinTech was 6 years ago. With a global market potential estimated at $500bn it could become bigger than FinTech, according to a …

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  • 17 June

    Europe takes on China on mobile payments

    Whether or not you think that the future lies in financial technologies, it is hard not to be impressed by the sector’s astronomic growth. Rarely have we seen an industry expanding at the rate ‘FinTech’ did in 2016 when it attracted over $17.4 billion in investment. For the first time …

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  • 17 June

    Fast-forwarding RegTech Adoption: the Case for Industry Sandbox

    Industry Sandboxes could be effective pan-industry platforms that support the development, validation and adoption of RegTech solutions in financial services. An Industry Sandbox is as a collaborative digital platform that makes it easier for developers to test a product and prove the viability of an innovative solution using industry data, …

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  • 17 June

    RegTech deals surge to record levels in the first quarter of 2017

    The number of investments made in Regtech companies more than doubled in the first quarter of 2017, according to research from fintech global. RegTech companies raised a combined total of $238m across 34 deals, a record number of transactions, in the opening quarter of 2017. Total funds raised by the …

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  • 16 June

    No More Ransom!

    WannaCry raises Cyber Security to a global priority Recent ransomware attacks in the UK and around the world have elevated cybersecurity to the top of the international agenda – in areas ranging from politics to national defence, and from smart-homes to global economic systems. How can we buttress our office …

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  • 16 June

    Cyberwars will change the world forever

    The world will no longer be the same. The rise of terrorism, which goes hand-inhand with cyber-terrorism puts a huge question mark over the national security of states and nations. Cyberwars have given birth to a new global security movement, which aims to create a safe cyberspace environment around the …

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  • 16 June

    InsuranceNEXT’UA 2017 to force digitization in Ukrainian insurance industry

    Ukrainian Federation on Insurance and the digital economy and fintech focused Future magazine with the support of the German (GDV) and Austrian (VVO) Associations of Insurers and the League of Insurance Organizations of Ukraine held the first insurance Conference InsuranceNEXT’UA 2017 in Ukraine. It was dedicated to the preconditions for …

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  • 16 June

    Billon receives e-Money registration from Financial Conduct Authority (FCA)

    Billon Financial, the distributed ledger technology (DLT) based payment provider is a FCA registered small e-money firm. Underlying technology from Billon Group provides solutions for everyday currencies, eliminating the costly mining and 3rd party exchanges associated with cryptocurrenciesInitial use case replaces incentives paid with anonymous pre-paid cards with an instant, …

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  • 15 June

    Moneyhub Enterprise enters the FCA Sandbox

    Moneyhub Enterprise has been chosen to undertake product tests as part of the second cohort of the FCA regulatory sandbox. The regulatory sandbox allows companies to test its innovative offerings in a live environment.The Bristol based fintech company  will be testing a short term credit assistance feature called ‘Personal Analytics’ …

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  • 15 June

    Young British companies get lifted with SyndicateRoom

    Online investment platform SyndicateRoom today announces the closure of two lift rounds, for Peptinnovate and Alert Technology. SyndicateRoom negotiated an exclusive offer with the companies, whereby its members could participate in the equity rounds. Pekama closed its round in overfunding over the weekend. Peptinnovate raised £2.7 million, Alert achieved £1 …

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  • 14 June

    Consumer donations double using digital charity box Pennies on Verifone devices in UK

    Pennies charity app sees 100 percent growth through Verifone partnership London (June 14, 2017)  Verifone (NYSE: PAY), a world leader in payments and commerce solutions, and Pennies, the digital charity box, today report that their partnership has seen consumer donations in the United Kingdom double over the last 12 months. …

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  • 13 June

    Four developments propelling Bitcoin

    Bitcoin has flexed some strength and perseverance over the last couple of years. But in 2017 it’s hitting highs that not very many people would have anticipated. When the cryptocurrency hit a record high back in May, one investor predicted it could reach a $4,000 value in a year or …

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  • 13 June

    BlackBerry and VoxSmart Partner to Help Financial Services Firms Achieve MiFID II Compliance

    BlackBerry and VoxSmart, a leading mobile surveillance and compliance firm, are announcing today the companies have partnered to help financial services firms comply on time with the European Union’s Markets in Financial Instruments Directive (“MiFID II”). Together with BlackBerry UEM (Unified Endpoint Management), which connects and manages endpoints, VoxSmart’s patented …

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  • 13 June

    uCloudlink to attend London Tech Week

    Hong Kong based company to showcase GlocalMe Enterprise mobility solution…Designed to aid greater efficiency and improved productivity for corporate travellers uCloudlink, the global leader in cloud-based SIM technology will exhibit at TechXLR8, on the 13-15 June, during London Tech Week 2017. The TechXLR8 expo will look at the technology that …

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  • 9 June

    Could Blockchain Have Prevented These Scandals?

    FinTech Network have partnered with Melonport to demonstrate how smart contracts could have prevented two high profile finance scandals. With many organisations still working on POC’s for blockchain technology, FinTech Network have partnered with Melonport to demonstrate how smart contracts could have made a fundamental difference in two of the …

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  • 9 June

    Philip Morris in Poland innovates trade incentives using Billon technology

    Philip Morris in Poland innovates trade incentives using Billon technology. • Philip Morris, the leading global tobacco company, used distributed ledger technology to make incentive payments in a series of pilots • Billon delivered digital engagement – a mobile experience that exchanges data and money in real time • Billon’s …

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  • 7 June

    Trak Global lands another technology award

    tech 100 north, disrupts, the fintech times

    Trak Global Group (TGG), the telematics technology company based in Crewe, has been recognised as one of the top five fastest growing technology companies in the North of England. Receiving the award last Thursday, Ed Rochfort, managing director of Carrot Insurance, which is part of TGG and provides telematics insurance …

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  • 7 June

    Huge Thing has started 4th batch of acceleration program powered by Alior Bank SA

    Huge Thing is Warsaw-based acceleration program, focused on seed stage projects with international ambitions. Program was inaugurated in 2012 by SpeedUp Venture Capital Group. To date, 41 teams altogether have attended editions of the program. Their participants have worked under the supervision of mentors from companies and organizations such as …

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  • 6 June

    The world of Blockchain and Crypto descends on Ukraine

    Leading experts from over 20 countries will gather in Odessa (Ukraine) over July 5-6th An international conference for professionals working with Blockchain and Crypto – rejoicing in the name of the Blockchain Incredible Party (BIP 001) – returns to Ukraine this year for a fifth time. The main aim of …

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  • 6 June

    VIPR launches innovative IBA system to ease distribution cost difficulties

    As pioneers of modern software solutions for the insurance industry, VIPR has launched abrand-new offering to the market. The Insurance Broking Accounts (IBA) system, has been designed to efficiently manage distribution costs amongst stakeholders, alleviating pressures in the industry and resulting in supremely accurate data and payments to cover holders …

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  • 2 June

    PLEXAL: NEW WORLD CLASS TECHNOLOGY INNOVATION CENTRE

    TO OPEN AT QUEEN ELIZABETH OLYMPIC PARK, LONDON, SUMMER 2017 Tech startups, scaleups and corporate innovation teams to fill former Olympic Media Centre at Queen Elizabeth Olympic Park, Stratford Plexal, the new International technology innovation destination will open its doors to over 800 members in London, June 2017. Located at …

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  • 2 June

    Brits welcome tech innovations: robot tour guides, driverless car lanes and lunch delivery drones

    Brits welcome tech innovations that could transform cities over the next 20 years Dedicated road lanes for driverless cars, lunch delivery drones, augmented reality advertising billboards and robotic tour guides are just some of the technologies that could transform cities within the next 20 years according to a survey of …

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