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Tradeshift Launches New AI Layer on Platform, Creating Simplified Commerce

By Tradeshift Press release

New intelligence layer, Tradeshift Ada, allows for native and third-party development using artificial intelligence (AI) capabilities for over 1.5 million businesses (more…)

Fintech news

March 26, 2017

Build a private blockchain ecosystem in minutes with this open source project

A new open source project called YobiChain enables anyone to build a private blockchain ecosystem preloaded with development tools, database, web & FTP servers and a simple blockchain application. Within minutes. (more…)

Blockchain, Fintech news, Global trends

March 26, 2017

Number of Vietnamese deals dropped in 2016, but were worth a whole lot more

By Kevin McSpadden for e27,

After an explosion in the number of deals in 2015, the Vietnamese ecosystem regressed to the mean in 2016. But, other data supports overall positive growth, continuing a trend that has made Vietnam the darling “up-and-coming ecosystem” in Southeast Asia. (more…)

Fintech news, Global trends, Hotnews, Vietnam

March 24, 2017

FundThis creates a ‘risk free’ crowdfunding platform

By  for Venture Beat

Fundthis is launching a new “risk-free” crowdfunding platform to enable creators to raise money for new projects, ranging from fashion ideas to tech projects.

(more…)

Crowdfunding/investing, Deals, Fintech news, Global trends

March 23, 2017

Amazon Plans a Big Acquisition in the Middle East

Amazon .com has agreed in principle to buy 100% of Dubai-based online retailer Souq.com from its shareholders, sources familiar with the deal said on Wednesday. (more…)

Deals, Fintech news, Global trends, Hotnews

March 23, 2017

SAP Ariba unveils Procurement bot, an AI assistant for supply chain management

By Khari Johnson for Venture Beat,

SAP Ariba unveiled an AI-powered assistant named Procurement today to speak with buyers and suppliers about orders in a conversational interface. The announcement was made onstage at SAP Ariba Live conference in Las Vegas. (more…)

Fintech news, Global trends

March 23, 2017

Indonesia’s Pawoon app for small businesses raises series A

By Nadine Freischlad for Tech in Asia, 

Pawoon, one of the point-of-sales startups targeting Indonesia’s millions of small and medium businesses, has raised a series A round of funding. (more…)

Fintech news, POS/mPOS and online acquiring, SME

March 21, 2017

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How Banks Can Partner With Lending Startups: The Construct

Kotak Bank is looking for digital lending partners globally. Startups from any country can apply.

(more…)

Banks, Fintech news

March 21, 2017

‘Father Of P2P’ Giles Andrews Now Leads Two Alt Lenders

By PYMNTS

Alternative SME lending platform MarketInvoice has named Giles Andrews as its first chairman, and according to reports, that means Andrews will chair the board of not one, but two alternative lending platforms. (more…)

Fintech news, Hotnews, p2p/online lending, SME

March 21, 2017

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Govt-Backed ‘Crypto Valley Association’ Launches in Switzerland

By CryptoCoins News

Fintech-friendly Switzerland sees the launch of a new non-profit blockchain advocacy and development group with the launch of the Crypto Valley Association, backed by the government. (more…)

Blockchain, Fintech news, Global trends, Government activities, Payment processors/providers/gateways

March 3, 2017

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UK Consumers Spent £647B With Payment Cards In 2016

During 2016, consumers in the U.K. spent £647 billion with payment cards, according to new data from the U.K. Cards Association. (more…)

Analytics, Cashless, Fintech news

March 3, 2017

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Alibaba leads $200 million investment in Paytm e-commerce unit

By Finextra

The e-commerce arm of Indian mobile wallet giant Paytm has raised $200 million in a funding round led by China’s Alibaba. (more…)

Deals, Fintech news, Payment processors/providers/gateways

March 3, 2017

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Algomi Receives $10m Strategic Investment from Euronext

By FinSMEs

Algomi, a London, UK-based fixed income technology provider, received a $10m strategic investment.  (more…)

Deals, Financial Markets / Trading, Fintech news

March 3, 2017

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Azimo Updates Remit Service, Adding Instant Bank Transfers to Existing Lightning-Fast Philippines Service

By 

Azimo, the digital money transfer service operating in Europe, announced a complete overhaul of money transfer services to the Philippines, with a lightning fast instant service via bank transfer. (more…)

Fintech news, Philippines, Remittances

March 3, 2017

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Deutsche Bourse fintech venture fund targets blockchain and AI

By Finextra

Deutsche Bourse’s new dedicated fintech venture fund, DB1, is hoping to make up to five investments this year, focusing on startups that use technologies such as blockchain and machine learning to rebuild the rails on which financial markets are built.  (more…)

AI / Machine Learning / Big Data, Fintech news

March 3, 2017

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Banks are sold on blockchain, concerned about collaboration

By Penny Corpsman for AmericanBanker

Several ideas are emerging about the adoption of blockchain in the financial services industry that are quite different than what anyone would have predicted two or three years ago.  (more…)

Banks, Blockchain, Fintech news

March 3, 2017

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Mastercard Targets Startup Innovation In Canada

Mastercard is collaborating with Startup Canada to promote startup innovation in the country, the firms announced Thursday (Mar. 2). (more…)

Fintech news, Global trends, Payment systems

March 3, 2017

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Why China’s $60 Billion Alipay is Recruiting Blockchain Engineers, Experts

By The CoinTelegraph

China’s Alibaba, one of the world’s largest e-commerce company valued at $256 bln and its $60 bln financial arm Alipay are recruiting Blockchain experts to actively look into the potential of Blockchain technology.

(more…)

Blockchain, Fintech news, Payment systems

March 3, 2017

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PwC runs blockchain prototype for London insurance market

By Finextra

PwC has created a working blockchain prototype for the London Market Target Operating Model (TOM) Innovation Exchange.  (more…)

Blockchain, Fintech news, Global trends, Insurance

March 3, 2017

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Payment Technology Startup Dimebox Raises €5M in Funding

By FinSMEs

Dimebox, an Amsterdam, the Netherlands-based fintech startup, raised €5M in series A funding.  (more…)

Deals, Fintech news, Payment processors/providers/gateways

March 3, 2017

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InsurTech – FinTech’s Next Frontier: Can It Insure a Billion People?

By LTP

According to a global quarterly report by KPMG, last year, USD $24.7 billion was invested in FinTech companies across the globe. India too has witnessed a flurry of venture capital investments, particularly in the areas of SME lending, P2P lending, mobile wallets, payment services and robo-advisory. As a venture capital firm investing in startups “impacting the masses,” we have a deep interest in FinTech companies that can integrate large sections of the population into the formal financial infrastructure by providing more than just access to finance. One such exciting segment is insurance technology (or InsurTech) i.e., leveraging technology to make insurance more affordable and accessible.  (more…)

About, Fintech news, Insurance

March 3, 2017

Fiserv expands Florida processing centre

By Finextra

Fiserv, Inc. (FISV), a leading global provider of financial services technology solutions, has opened its third Contact and Servicing Center, expanding its business process outsourcing capacity by 22 percent into Lake Mary, Fla. to meet the growing demand of automotive lenders and financial institutions for customer care, collateral management and back office functions. (more…)

Fintech news, Global trends

March 3, 2017

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Ally Bank rolls out debit card controls mobile app

By Finextra

Ally Bank, the direct banking subsidiary of Ally Financial Inc. (ALLY), today announced the launch of a new service that will allow debit card customers to set control preferences to match their desired usage profile and change them instantly when needed, all with a touch on a smartphone app. (more…)

Banks, Fintech news, Marketing Report

March 3, 2017

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Blockchain Breakthrough: 47 Japanese Banks Complete Money Transfer Pilot Using Ripple

By CryptoCoins News

Blockchain is moving into production, claims Ripple CEO Brad Garlinghouse after a consortium of 47 Japanese banks completed a pilot implementation of Ripple’s technology. (more…)

Banks, Blockchain, Fintech news

March 3, 2017

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Ledger Fever: 95 Bitcoin & Blockchain Startups In One Market Map

By CB Insights

Bitcoin and blockchain companies are popping up in numerous sectors, including financial services, social, intellectual property, and IoT.

Funding to the sector has gone from almost no investment in 2012 to over $500M in each of the past two years. Corporations and their venture arms, especially those in financial services, have entered the fray in large numbers, looking to blockchain and distributed ledger solutions to address pain points that include data reconciliation, clearance, and settlement, among other issues. Major global banks and financial intermediaries are working closely with blockchain companies using the new technology to revamp legacy systems and infrastructure. (more…)

About, Analytics, Blockchain, Cryptocurrencies, Fintech news

February 28, 2017

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The role venture capitalists can play in pairing banks and fintech

By Brian Patrick EhaAmerican Banker

Nigel Morris thinks a lot about language.

A common language — a lingua franca, as Morris calls it — is what allows the former co-founder of Capital One to collaborate effectively with his partners and employees at QED Investors, the Alexandria, Va.-based venture capital firm he founded in 2007. (more…)

About, Banks, Fintech news, Interviews

February 28, 2017

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A Plus for P2P Lending: Investors to Buy Up to $5 Billion in Loans on Prosper

By Julie Muhn for Finovate

The rumors from last August are true. P2P lending giant Prosper announced a deal in which a group of institutional investors has agreed to purchase up to $5 billion in loans on the San Francisco-based company’s platform over the next 24 months. Investors include affiliates of New Residential Investment Corp., Jefferies Group and Third Point, and an entity of which Soros Fund Management serves as principal investment manager. (more…)

Deals, Fintech news, p2p/online lending

February 28, 2017

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mVisa to expand to 10 countries

By Finextra

Visa (NYSE:V), announced that mVisa, its QR-based payment service, now live in India, Kenya and Rwanda, will soon be available to merchants and consumers in Egypt, Ghana, Indonesia, Kazakhstan, Nigeria, Pakistan and Vietnam. (more…)

Cashless, Fintech news, Global trends, Payment systems

February 28, 2017

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The Startup That Wants To Build A Cashless Economy In The Philippines

By Casey Hynes for Forbes

Sixty-nine percent of Filipinos were underbanked as of 2015. But the country also has the fastest-growing smartphone market in ASEAN–not to mention that it’s home to the selfie capital of the world. The combination creates an interesting opportunity for fintech entrepreneurs, and Mark Vernon has taken advantage of it.  (more…)

Fintech news, p2p-payments, Philippines

February 28, 2017

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How can Financial Providers Respond to the Needs of a Changing Customer?

by 

Financial service providers should rethink how they service their customers, in light of changing consumer behaviours and expectations. To track consumer patterns, Accenture Financial Services  Global Distribution & Marketing Consumer Study found that providers who can deliver a compelling new digital service model, as well as retain traditional values around trust and service, will edge out competitors. (more…)

Analytics, Banks, Fintech news

February 28, 2017