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504

Three Reasons Why Asia Will Be The Hottest InsurTech Market

By George Kesselman for Forbes

If I could charge a dollar every time someone asked me this year, “George, what’s the latest and ‘hottest’ InsurTech [Insurance Technology] startup in Asia?” I would have probably saved enough to buy the much anticipated upcoming MacBook Pro! (more…)

Hong Kong, Hotnews, InspirAsia, Insurance, Singapore

October 11, 2016

1086

Where Fintech VCs Will Place Their Bets in 2017

By Penny Crosman for American Banker

Funding of fintech startups will cool in 2017, venture capitalists say, mainly because online lenders — the sector that first drew VCs’ attention — have lost some of their allure. (more…)

Global trends, Hotnews, Marketing Report

October 6, 2016

892

SIBOS 2016 – Protect customer, reduce risk and simplify core

By Abhishek Chatterjee for Finextra

Last year SIBOS was an inflection point for transaction bankers and FinTech, but this year in Geneva we saw a very measured response to key Industry challenges faced across the globe, starting from Cyber Security, Compliance to Robotic Advising, Industry Utilities, E2E Payment Traceability & interoperability and Blockchain. (more…)

Cashless, Global trends, Hotnews

October 6, 2016

379

When Will Fintech Regulation Grow Up?

By Lalita Clozel for American Banker

Until recently, federal regulators appeared to be waiting for someone else to make the first move in fintech. (more…)

Global trends, Government activities, Hotnews

October 6, 2016

274

FICO and Lenddo Partner to Extend Credit Reach in India

By Florentin Lenoir for PrWeb

New partnership between FICO and Lenddo will focus on providing financial inclusion to millions. (more…)

Fintech news, Hotnews

October 5, 2016

883

The first InspiRUSSIA Hackathon ended in Innopolis: the largest blockchain and Fintech hackathon in Russia

From 17 up to 18 September, the largest Russian InspiRUSSIA Hackathon organized by Life.SREDA VC – one of the first venture funds focused on financial technologies – in cooperation with the biggest Russian banks and institutions – Tatfondbank, Sberbank (Sberbank Tech), Microsoft and QIWI (NASDAQ trading Payment service provider) has successfully taken place at the Innopolis University. (more…)

Banks, Blockchain, Bots, Global trends, Hotnews, SME

October 5, 2016

347

Fidor to provide digital backbone for ADIB

By Finextra

Abu Dhabi Islamic Bank (ADIB), a top-tier financial services institution, has partnered with Fidor Bank to launch the region’s first ‘community based digital bank’. (more…)

Fintech news, Hotnews, Mobile-first banks

October 4, 2016

470

MasterCard launches its ‘selfie pay’ biometric authentication app in Europe

By Natasha Lomas for TechCrunch

MasterCard is moving from trials of facial biometrics for payment authentication, including one in the U.S. and Canada launched earlier this year, to its first proper rollout of what is colloquially referred to as ‘selfie pay’ (aka MasterCard Identity Check). So basically enabling app users to confirm an online payment by showing their face to their smartphone’s camera. (more…)

Hotnews, Mobile payments/banking, POS/mPOS and online acquiring

October 4, 2016

299

Apple Pay launched for the Russian market with Sberbank and Mastercard

By Finextra

Sberbank clients, holders of Mastercard cards, can now use Apple Pay, which will let them make secure and convenient contactless and online payments. (more…)

Hotnews, Mobile payments/banking, POS/mPOS and online acquiring

October 4, 2016

320

Indian startups are now more willing than ever to acquire and get acquired

By Itika Sharma Punit for Quartz

Amid a funding crunch, mergers and acquisitions (M&As) in the Indian startup industry have been on the rise since the beginning of 2016, according to startup data curation firm Xeler8. (more…)

Deals, Hotnews, India

October 4, 2016

535

MAS to boost fintech skills among tertiary students through MOU with 5 polytechnics

By Yon Heong Tung for e27

More than 2,500 students enrolled in banking and IT courses are expected to benefit from this new initiative. (more…)

Fintech news, Hotnews, Singapore

October 3, 2016

467

Singapore, London in race to be top global fintech hub

By Jamie Lee for The Business Times

Deloitte report lauds the Republic for its business-friendly environment, excellent govt support and regulation

(more…)

Global trends, Hotnews, Marketing Report

October 3, 2016

311

Fintech Favorites

By David Penn for Finovate

Featured

  • Mastercard (FD14) launches its developer portal (again). Having originally launched its dev platform in 2010, Mastercard this week announced an expansion of its platform that provides third-party developers single location access to more than 25 updated APIs in categories like payments, data, security, and financial inclusion. The platform also features an experimental category with APIs for bot commerce (think chatbots, VR, and augmented reality), and developers will be able to use six different coding languages (Java, Javascript, C#, Ruby, Python, and Node.js).

(more…)

Fintech news, Global trends, Hotnews

October 3, 2016

648

Leonie Hill Capital Announces a Strategic Partnership With Life.SREDA VC

28 September 2016, SINGAPORE – International FinTech-focused venture capital firm Life.SREDA signed a memorandum of understanding with Leonie Hill Capital (LHC), a Singapore-based private equity fund, to become strategic partners in the the area of investments into financial technologies (FinTech) in Asia. (more…)

Fintech news, Hotnews, InspirAsia

September 30, 2016

394

Why have some of Silicon Valley’s top investors started investing in Latin America?

By Julie Ruvolo for TechCrunch

Latin America just might be the most overlooked emerging market on the planet. (more…)

Deals, Fintech news, Global trends, Hotnews

September 29, 2016

509

Goldman Says It Can Beat Fintech Ventures With Online Loan Terms

By Dakin Campbel for Bloomberg

Goldman Sachs Group Inc., the Wall Street investment bank pushing into online consumer lending, expects it can make loans on more competitive terms than Silicon Valley upstarts that pioneered and dominate the business. (more…)

Analytics, Fintech news, Global trends, Hotnews

September 28, 2016

414

Startupbootcamp Fintech arrives in Mumbai

By Finextra

The Startupbootcamp accelerator network is widening its fintech programme, opening an outpost in Mumbai as it seeks out Indian startups bidding to transform the financial services industry. (more…)

Fintech news, Hotnews, India

September 28, 2016

510

Fintech hubs go under the microscope

By Finextra

London, Singapore, New York, Hong Kong and Silicon valley have been ranked as the world’s top fintech hubs, although specialist niches are emerging in Belgium, Ireland, and Shanghai, according a report by Deloitte. (more…)

Analytics, Global trends, Hong Kong, Hotnews, Marketing Report, Singapore

September 28, 2016

396

Bank payment revenues hit $1.1 trillion in 2015 – BCG

From BCG

Facing tough challenges both from small fintech startups and from global digital giants, incumbent transaction-banking leaders must improve customer journeys, maximize security, minimize complexity, and add value beyond pure payments if they hope to survive and thrive, according to a new report by The Boston Consulting Group (BCG). (more…)

Global trends, Hotnews

September 27, 2016

311

The world’s largest experiment in giving people free money launches in October — here’s how it’ll work

By Chris Weller for BI

A groundbreaking social experiment will begin in Kenya in roughly one month. (more…)

Fintech news, Global trends, Hotnews

September 27, 2016

368

Blockchain Just Made Some New Friends in Congress

By Jeff John Roberts for Fortune

Meet the Blockchain Caucus. (more…)

Blockchain, Hotnews

September 27, 2016

4503

33 Insurtechs To Know

Vladislav Solodkiy for InsurTech Conf 2016 in Singapore.

Yet over the last 18 months, over 100 insurance startups have launched. VentureScanner counted about 550 insurtechs total. Many entrepreneurs are waking up to the fact that insurance is arguably one of the most old-fashioned, analog consumer services in existence, and they are creating companies to upend this premise.

Full PDF – Download
(more…)

Fintech news, Hotnews

September 27, 2016

329

FTV Capital raises $850 million fund for investments in fintech and enterprise

By Chris O’Brien for VB

FTV Capital announced today that it has closed its fifth fund — totaling $850 million — a number that brings its total raised over the past 20 years to $2.7 billion. (more…)

Global trends, Hotnews

September 27, 2016

618

McKinsey says digital finance adoption could add trillions to high growth economies

By Jack Bright for Techcrunch.com

Adoption of digital finance could add $3.7 trillion dollars to the GDP of emerging markets economies, including $1.1 trillion in China alone, according to a new McKinsey & Company report. (more…)

Banks, Cashless, Hotnews

September 22, 2016

401

IBM and Bank of Tokyo-Mitsubishi UFJ Develop Blockchain-Powered Contract Management System

 for BitcoinMagazine

IBM announced that it has signed a contract with the Bank of Tokyo-Mitsubishi UFJ (BTMU) to apply blockchain technology to the design, management and execution of contracts among business partners. The first pilot projects will automate business transactions between the two companies. (more…)

Banks, Global trends, Hotnews

September 22, 2016

372

U.S. House Bill Aims to Set Up ‘Sandbox’ for Fintech Innovation

By Rachel Witkowski for WSJ

WASHINGTON—A House bill intended to keep the U.S. from losing financial innovators to the U.K.’s budding “sandbox” regulatory program was introduced Thursday.
(more…)

Government activities, Hotnews

September 22, 2016

610

‘World’s largest fintech hub’ to launch in Singapore in November

By Judith Balea for TechinAsia

Asian private investment group Marvelstone announced today it will open a fintech hub spanning more than 30,000 square feet – said to be the world’s largest – in Singapore in November. (more…)

Hotnews

September 22, 2016

397

Healthtech, Fintech, and AI dominate Techstars London Demo Day

By Mike Butcher for TC

Healthtech, Fintech and AI dominated Techstars London Demo day today in London. At a packed venue (the famous Royal Institution, no less) the teams demo’d their products in short pitches. (more…)

Hotnews

September 21, 2016

578

It Might Take Longer Than You Think For The Future Of Banking To Arrive

By Ruth Reader for Fast Company

For the last four years, Ripple Labs has been working to develop and scale a new technical infrastructure for sending money between banks and across borders using distributed ledger technology—the same stuff that powers bitcoin transactions. But instead of using bitcoin to move money, Ripple uses a digital asset called XRP. Unlike bitcoin, XRP is not a currency. It’s a digital asset that carriers value across a blockchain system. The company’s goal is to make the transfer of money instant and cheap. (more…)

Analytics, Fintech news, Global trends, Hotnews

September 16, 2016

1278

2016 年关于金 融科技应该了解 的20个事实

By Life.SREDA

过去的半年之中,金融科技领域内创纪录的投资吸人眼球 – 尽管如此,这也常理之中。类 似“上个月/季度/半年金融科技领域投资创纪录引人注目”的标题只适合媒体报道。从市场 的角度来说,金融科技(和其他快速发展的新型产业一样)正稳步增长,这是历史潮流 – 如 果市场停止增长,每年翻番,增速减缓,或者开始以4倍的速度增长,那么就可以大书特书 了。下面就是金融科技领域中我想强调的一系列方向和事件:

Download Korean , Japanese or Chinese version of a Report

Download a full English version

(more…)

Fintech news, Hotnews, InspirAsia

September 15, 2016