banks

May
26

Japan lender Mizuho to launch fintech venture

Japan’s Mizuho Financial Group will start a venture next month to create new businesses using “fintech,” an executive said, joining a global race in financial technology that threatens to unsettle traditional players. Japan’s second-largest lender by assets said there were already 20 projects in the pipeline for the venture, utilizing blockchain technology and artificial intelligence […]

By Reposted by International FinTech | Banking . Bitcoin . Blockchain . FinTech
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May
23

Three regional fintech winners unveiled at Citi Tech for Integrity Challenge in Dublin

Citi has unveiled three winners from its regional Tech for Integrity Challenge (T4I) Demo Day held in Dublin last week, garlanding Aid:Tech, Paycode and Pole Star with the T4I Award for innovation. The global program aims to promote accountability and transparency in the public sector and beyond by supporting the effective use of financial technology […]

By Reposted by International FinTech | Banking . Bitcoin . Blockchain . FinTech
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May
22

Skandiabanken allows Norwegians to handle Bitcoin through Internet Banking

Norwegian Skandiabanken now enables customers to handle cryptocurrencies over its internet banking application.Increasing demand for Bitcoin and other altcoins can no longer be ignored. The cryptocurrencies have already made inroads to the conventional financial system, both directly as well as indirectly. As banking institutions continue to adopt blockchain technology, a Norwegian online bank — Skandiabanken […]

By Reposted by International FinTech | Banking . Bitcoin . FinTech . Investing
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May
22

Fintech’s coming to trounce India’s Banks

In the match for India’s financial services future, fintech just scored twice while banks are still struggling to retrieve the ball they scuffed into their own net. It’s just the start of what looks like a bruising battle for traditional lenders. India’s banks, which still dominate the country’s financial landscape, appear to have hardly a […]

By Reposted by International FinTech | Banking . FinTech
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May
16

Lendy hits £300m investment mark

The slowdown in bank lending prompted by the Brexit vote has helped Lendy hit the £300m investment mark in April, having channelled £50m to property borrowers in the last 100 days alone. With new loans on the peer-to-peer platform often up to five times oversubscribed, the firm was able to add three larger-size loans over […]

By Reposted by International FinTech | Banking . Borrowing . FinTech . Lending . Peer-to-Peer
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May
16

MarketInvoice secures £45m from Banco BNI Europa

UK-based MarketInvoice has signed an agreement with Banco BNI Europa (BNI), which will now provide £45 million annually to fund working capital for SMEs on the platform. MarketInvoice is now the world’s largest peer-to-peer online invoice finance marketplace, having funded over 70,000 invoices worth more than £1.2 billion since its launch in 2011. Today, the […]

By Reposted by International FinTech | Banking . Borrowing . FinTech . Investing . Lending . Peer-to-Peer . Venture Capital
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May
16

Mobile wallets to disrupt UAE payments sector

Get ready for it. The use of mobile wallets as a means of payment will perhaps be the biggest disruption the financial sector in the UAE has ever seen. But old habits die hard. According to UAE Central Bank figures, about 75 per cent of transactions in the country are made in cash. In fact, […]

By Reposted by International FinTech | Banking . FinTech . Payments
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Apr
26

Barclays is building Europe’s biggest fintech workspace in London

Next week banking giant Barclays will cut the ribbon on what it’s calling Europe’s largest co-working space dedicated to financial technology. More than 40 companies will be housed across the vast 30,000 sq ft of workspace, spread over seven floors, with four balconies and two mezzanines. The site is already being called a clear sign […]

By Reposted by International FinTech | Banking . FinTech
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