Bank of Lithuania to provide financial institution license for fintech companies
Dec 07, 2016 09:35 am UTC| Fintech
Bank of Lithuania announced that it will provide fintech companies in EU with preliminary solutions to financial institution license enquiries within one week, Finextra reported. The program Newcomer will be applied to...
Deutsche Bank appoints two executives to foster fintech developments
Dec 06, 2016 10:12 am UTC| Fintech
Deutsche Bank announced two new appointments of executives who will foster thedevelopment of fintech products and strengthen the banks innovation team. Elly Hardwick will become the banks Head of Innovation and Philip...
Envestnet | Yodlee announce incubator class of fintech disruptors
Dec 06, 2016 07:39 am UTC| Fintech
Envestnet | Yodlee, a data analytics platform that powers dynamic, cloud-based innovation for digital financial services, announced the new incubator class of fintech disruptors. The incubator, an award-winning program,...
Visa hosts Digital Payments Hackathon in Dubai
Dec 06, 2016 06:45 am UTC| Fintech
Leading global payments technology company Visa, in collaboration with Dubai Internet City, hosted a two-day Digital Payments Hackathon during the 2016 UAE Innovation Week. Held on 25th and 26th November, the hackathon...
Bancorp creates fully dedicated fintech innovation studio ‘Cube 8’
Dec 05, 2016 10:19 am UTC| Fintech
U.S.-based full featured internet bank Bancorp, Inc. announced the creation of Cube 8, which is a new, fully dedicated fintech innovation studio where powerful ideas are incubated. According to the official release,...
BoJ Governor emphasizes on need to understand blockchain technology
Dec 05, 2016 09:36 am UTC| Fintech Central Banks
Current innovations in information technologies are expected to have significant impacts on the financial industry and financial services, Bank of Japan Governor Haruhiko Kuroda said on Monday. Speaking at the Paris...
Amazon Web Services launches Financial Services Competency to certify fintech firms
Dec 05, 2016 07:16 am UTC| Fintech
The Amazon Web Services (AWS) has announced the launch of its Financial Services Competency, which is designed to recognize the partners of AWS Partner Network (APN) who have specialized in the financial industry. The AWS...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight