The Fintech Times THE WORLD’S FINTECH NEWSPAPER

March, 2017

• 16 March

  NOW Money wins heavyweight title at Get In The Ring Abu Dhabi

  

  FinTech, NOW Money, has won Get In The Ring Abu Dhabi, an annual start-up pitching competition, which aims to provide resources and exposure to start-ups by setting them in a ring to compete against one another in a pitching “battle”. The competition, which was organised and hosted at Abu Dhabi …

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• 15 March

  Leeds tech conference FinTech North announced

  

  FinTech North 2017 is once again set to take place during Leeds Digital Festival week and aims to attract 350 delegates and support from the FinTech community in the Leeds City Region, across the UK, and internationally. FinTech North 2017 will be hosted on the 26th April 2017 at aql …

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• 15 March

  Starling Hackathon Opens Door on Open Banking

  

  Starling Bank announced it is to host its first hackathon, opening up its API to outside developers for the first time. The hackathon makes Starling the first UK licenced bank to launch a public API in keeping with the ambitions of PSD2 and the Open Banking initiative. Starling’s public API …

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• 15 March

  Ovum Highlights New Big-Data Search Technology

  

  Technology research company Ovum has shone its spotlight on new big data precision search tool Nalytics.com, stating that its precision search and discovery platform could be the answer for companies looking for a search solution which does not require a big investment in IT infrastructure. In its “On the Radar” …

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• 14 March

  BLOCKCHAIN IS THE KEY?

  

  Blockchain will dramatically improve the working processes between all parties and across most areas in the insurance value chain. It creates a single, shared and logical view of data. The process of buying or amending a policy, making a claim and all supporting activities should be much simpler and more …

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• 14 March

  BLOCKCHAIN FOR INSURANCE – THE CHANGE IS HERE

  

  Insurance has a reputation for being a late adopter of technology, to suffer from a low level of client trust and to have inefficient (and often manual) processes. As a consequence, the adoption of a new technology that provides significant efficiency improvements, introduces systematic trust, allows comprehensive improvements to business …

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• 14 March

  DATA for insurance

  

  To make the most of InsurTech, brokers must adapt to the benefits of connected channels and the data received within them. Insurers require data in real time in order to better price and rate the risks. New sources of data such as smartphone apps, Internet of Things and Connected Homes …

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• 14 March

  More pressure is on

  

  From July 2017, Lloyd’s will have the authority to monitor and regulate the data requirements as outlined in version 5 of the Coverholder Reporting Standards. A core set of regulatory, tax, premiums and claims information, the standards are intended to make it easier to work with the Lloyd’s market by …

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• 14 March

  A Fintech World

  

  A view from the Financial Services Forum event at Henderson Global Investors high on the 12th floor of 201 Bishopsgate. A panel of Rob Sanders from DOOR, Dagmara Lacka of BoldMind, and Mark Bradbury of Apply Financial debated the fintech revolution and where in the cycle we sit today. The …

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• 14 March

  Insurance on the cusp of big change?

  

  The insurance industry is often seen as an ”Old Boys Club”, a conservative sector characterised by inertia. However, a rapid large-scale change seems to be imminent. Lemonade – the insurtech company powered by artificial intelligence and behavioral economics, set a world record for the speed and ease of paying a …

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• 14 March

  Moneyhub Enterprise launches new ‘nudges’ technology surfacing key personal finance insights directly to the user

  

  Moneyhub Enterprise has developed a new “Nudges” product for personal finance apps, which continuously syncs and curates the customer’s key financial data into user friendly cards as they log in to their account. The creator of financial technologies for businesses and their customers believes the days of static PFM tools …

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• 14 March

  Wanted: the future of financial health

  

  Fintechs with a focus on financial health can now apply to participate in a groundbreaking incubation programme announced today by the Finance Innovation Lab and Toynbee Hall. The Financial Health Fellowship, delivered over six months in 2017, will boost strategic know-how, transform leadership skills and prepare Fellows to scale their businesses. …

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• 13 March

  Spring Luxuries to Splash Out On

  

  Uncovering the Essence of Modern City Life Sponsored by The Montcalm Royal London House As the sun starts to shine again it’s about this time of year I always get the urge for a bit of a rejuvenating splurge. After all, Spring is a time for rebirth and renewal and …

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• 10 March

  Asian Banks Outline Blockchain Use Cases in Singapore

  

  FinTech Network will host The Blockchain for Finance Conference, Asia Pacific on June 20-21 in Singapore which will help companies to evaluate the latest use cases and POC’s to help assess the viability of adopting distributed ledger technology. With Financial Institutions eager to identify the commercial opportunity that blockchain technology …

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• 10 March

  Slaughter and May announces successful Fintech Fast Forward applicants

  

  Slaughter and May, the leading international law firm, today announces the names of five tech businesses it has selected to join its Fintech Fast Forward programme. The successful businesses, which operate in fintech, regtech, insurtech and cyber security, are the first cohort to formally join the legal incubation programme which …

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• 9 March

  WORRY+PEACE X MOHARA: NEW VIRTUAL INSURTECH INCUBATOR CO-VENTURE FIRST COLLABORATION OF ITS KIND BETWEEN STARTUP AND EXISTING INCUBATOR MODEL

  

  Worry+Peace, one of the UK’s leading insurtech startups, and MOHARA, the innovative technology-based virtual incubator, have recently announced a co-venture to power the world’s first virtual insurtech incubator. Designed to offer co-founder capability for both Technical, Insurance and Regulatory needs, the collaboration is a refreshing new opportunity in this hot …

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February, 2017

• 23 February

  Modernised retro in Shoreditch

  

  Shoreditch. Presentation of Temples’ new album ‘Volcano’. The musical spirit of the 60s is all around. The final chord of the evening is a delicious private dining at The Holy Birds bar and restaurant located just 2 minutes walk from Liverpool Street station, and serving poultry and cocktails in the …

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• 23 February

  Payworks’ integrated POS solution taken on by SIX Payment Services

  

  Payworks, a leading provider of cloud-based Point of Sale technology, and SIX Payment Services (SIX), leading Swiss and Austrian acquirer and provider of the mPOS solution mCashier, continue their partnership with the integration of the white label software development kit (SDK) for mCashier. With the SDK working as an extension …

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• 16 February

  Cognism receives investment from Swiss, Chinese, UK and SE European investors

  

  Swiss based Netcetera leads investment in Cognism, UK based start-up with international team from UK, Switzerland, Macedonia and Croatia. Other notable investors include South Central Ventures, Tsingbay Venture Capital, Tom James, James Hodson and others.  London/Macedonian-based startup Cognism has secured $500,000 in seed investment to fund development of its state …

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• 15 February

  Chris Bates of Bitland Global joins Speaker Lineup for d10e Bucharest

  

  Every day, brilliant men and women all over the globe are finding new and exciting ways to implement blockchain technology into all sectors of the market. D10e Bucharest is proud to announce the addition of one such individual, Chris Bates, to this year’s speaker lineup. Bates is a telecommunications and …

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• 15 February

  MPs: Accountants will be in demand during Brexit process

  

  Members of Parliament believe accountants will be increasingly in demand during the Brexit process, according to a new study commissioned by AAT (Association of Accounting Technicians) and the Association of Chartered Certified Accountants (ACCA). The study has revealed that almost half of MPs (47%) believe that Brexit will have a …

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• 14 February

  Sonovate fund £156m of the UK recruitment sector since its 2014 launch

  

  The UK’s leading recruitment finance provider, Sonovate, has funded £156m of the UK recruitment sector since its launch in 2014. This announcement highlights the company’s rapid growth and continued dominance across the sector. Richard Prime, co-founder and co-CEO of Sonovate, commented, “UK recruitment businesses, of which 85% are classified as …

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• 14 February

  EquiChain – improving global investor access in emerging and frontier markets

  

  EquiChain, a London-based Fintech company with an Asia regional office in Hong Kong, announces its working prototype for capital markets.  The company plans to implement a full end-to-end ‘execution to custody’ (E2C) pilot in 2017, positioning EquiChain to deliver the full potential of distributed ledger technology (DLT).  The company also …

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• 13 February

  Everledger to pitch in Tokyo

  

  Every year NTT DATA holds an Annual Global Innovation Business Contest to find start-up companies to invest in. This year the competition is travelling to 10 cities around the world, with the first event that took place in London, and where 11 shortlisted start-ups made their pitches on innovative solutions. Among them were the …

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• 12 February

  ROBO-ADVICE FOR INCLUSIVE WEALTH CREATION

  

  Robo promises to become a large market and cover most sectors, and far beyond investments, the conclusion announced at the Robo-Investing conference in London. As the conference’s speakers mentioned, competition will be intense as barriers to entry are low. All the sub sectors of wealth management have robo-initiatives – from …

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• 10 February

  New SFTR Reporting Solution: less customer’s costs and manual processing

  

  Pirum Systems and IHS Markit today announced they will be working in partnership to build a full service Securities Finance Transaction Regulation (SFTR) reporting solution. SFTR requires EU counterparts participating in securities finance transactions to report their transaction details to a registered Trade Repository. The new SFTR solution will combine …

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• 9 February

  The FINOVATE Europe showcased the best financial innovations

  

  What are the most successful and dynamic global fintech-sartups are mostly about and focused on? The FINOVATE Europe, hosted in London on 7-8th of February, showcased (via a fast-paced, demo-only format) that the best financial innovations and solutions do rounds across KYC, security, ID-verification, AI-driven financial assistance, multi-algorithm based investment …

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• 8 February

  Yandex.Checkout To Provide Websites And Apps With Apple Pay

  

  Online stores and other merchants, which accept payments via Yandex.Checkout, Russia’s leading payment service provider, can now offer consumers fast and convenient contactless payment via Apple Pay. Yandex.Checkout clients can add a new payment method in apps and on websites. Online shopping has never been easier: paying via Apple Pay …

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• 8 February

  BigchainDB co-founder Bruce Pon to Speak at d10e Bucharest

  

  This February in Bucharest, Romania, d10e is bringing the world’s leading disruptive tech experts and entrepreneurs together to discuss the newest innovations in decentralisation and its importance in the global marketplace. Joining the powerful lineup of speakers at this year’s conference is co-founder of BigchainDB, Bruce Pon. BigchainDB is the …

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• 8 February

  More creativity and applications

  Blockchain technology is not something that changes our approach to doing business in the short term. This will happen only in the long term. Bearing this in mind, the main trend in the blockchain sector this year is the expectation of moving from experimental format to real applications, expanding the …

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• 7 February

  Two thirds of young people use a mobile wallet

  

  Two thirds (64%) of 18-25 year olds (Gen Z) now use a mobile wallet Six in ten (62%) 18-25 year olds feel frustrated if they are forced to make purchases with cash 48% of 18-25 year olds believe cash will be obsolete within 20 years London, 3rd of February 2017: …

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• 3 February

  PROFESSIONALLY ETHICAL

  

  There are plenty of accelerators around almost in every business sector you can think of. However, discovering the one for charities was quite a surprise for me. But it makes perfect sense – while technological innovation and new disruptive business models are changing the way we make money, they can …

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• 3 February

  Is an all-in-one SOCIAL MONEY TRANSFERRING APP the future?

  

  2016 demonstrated the continued maturity and growth of the mobile app market. The mobile money transferring apps maintained strong momentum last year as publishers continued to develop apps that transform how we interact with the world and each other. Moneymailme is surely one of them. “These are the facts: using …

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• 3 February

  BTcoinX launching retail based cryptocurrency trading platform

  

  BTcoinX.com, one of the world’s most popular cryptocurrency exchanges, announced today that they will launch a retail based cryptocurrency trading platform to cater to retail investors to trade in small blocks in January 2017. The firm says the push into retail cryptocurrency trading is part of an effort to make …

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• 3 February

  How to advertise?

  

  6 lights go off … The six giant advertising billboards, Piccadilly lights, are going offline for at least 6 months. In the past, the only time the Piccadilly Lights were switched off was during World War II, for Winston Churchill’s funeral in 1965 and Princess Diana’s funeral in 1997. Owned …

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