EXCLUSIVE- Royal Bank of Scotland becomes the #first bank in the U.K. to go live with an #investment #robo-advisor under its #NatWest Bank brand, RBS said in a release today. Starting today, the digital service is available to NatWest Bank’s five million customers #through NatWest #Invests‘ platform online. Since the tool is geared towards “customers […]
Bank Innovation
The value of #Ripple increases with the network effect Now it has reached 100 participants and will hold its own #conference Oct. 16-18, overlapping with SWIFT’s Sibos.
Financial Technology
EXCLUSIVE – Add another fitness focused tech wearable to MasterCard’s list. Today, wearable maker, #Garmin International announced a new #smartwatch, Vivoactive 3, that will have a contactless payment feature for MasterCard users. Visa is supporting #payments for he device as well. The Olathe, Kansas-based Garmin announced the new smartwatch today at the International Franchise Association’s […]
Bank Innovation
Want a #national #bank that’s #mobile-only? So does #Varo #Money. Varo applied for a banking #charter from the Federal Deposit Insurance Corporation (#FDIC), as well as for a charter from the Office of the Comptroller of the Currenc, in the hopes of forming “Varo Bank,” the mobile banking startup announced today. “[Varo] was founded o […]
Bank Innovation
The next big thing in financial services won’t make it very far off the ground if FIs don’t innovate with an eye towards #compliance. And #blockchain innovation is no exception, Arshi Singh, head of North America product at international payments processor CurrencyCloud, told Bank Innovation: Regulatory landscape and compliance concerns are the main barriers to […]
Bank Innovation
#Silicon #Valley #Bank and #First #Data look for #fintech companies with Series A funding for their virtual #accelerator program.
Tom Groenfeldt – Financial Technology
#China and #Hong #Kong saw greater #fintech #investment than the U.S. –$ 11.2 billion to $ 9.2 billion while leaving Europe in the dust with $ 2.4 billion.
Tom Groenfeldt – Financial Technology
The world’s #first venture capital #fund raised with digital coin offering has gained its first round of #investors, including executives from Bloq and Civic. #Blockchain Capital, the first venture capital firm to focus exclusively on DLT #technology is offering digital tokens that represent a stake in the firm’s third fund. The tokens are held on the Ethereum blockchain […]
Bank Innovation
With the #acquisition of Acculynk #First #Data has another tool to offer ecommerce merchants looking to route #debit transactions cost-effectively.
Tom Groenfeldt – Financial Technology
#Square has finally arrived in Europe. The payments company has just expanded its services to the United Kingdom, according to a statement released today. The U.K. became the fifth #market where Square’s services are now available, in addition to the U.S., Canada, Japan, and Australia. Square’s U.K. launch was held in a Soho bar in […]
Bank Innovation
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