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The CEO and founder of cloud-based accountancy software giant Xero says artificial intelligence (AI)

Many use cases for AI being developed. We will likely see more innovation in the next 2 years than we have in the last 10 years, all...

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Connecting Global Fintech: Hub Review 2016

Deloitte has recently published ‘Connecting Global Fintech: Hub Review 2016’ (Sep 2016) which is a study of over 21 hubs across the...

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Money-Transfer Firm TransferWise Expands to Businesses

Firm to start enabling U.S. companies to make international payments through its service. Good move as the business market is three to...

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New fintech disrupter: Robo-advisor

There are close to 50 Indian early-stage start-ups in the investment advisory business leveraging artificial intelligence to penetrate...

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KredX raises Rs 40 Cr Series A funding led by Sequoia India

Bengaluru based invoice discounting marketplace KredX has raised Rs 40 Cr in Series A funding led by Sequoia Capital. KredX has built a...

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Banks bet on the next big thing: Financial chatbots

At Money2020, Bank of America, MasterCard and several fintech startups announced new tools known as chatbots.  Josh Reich, the co-founder...

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We Put Financial Advisers to the Test–and They Failed

The WSJ, Sendhil Mullainathan from Harvard and Markus Noeth from Hamburg University sent “mystery shoppers” to financial advisers to...

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LendingClub’s New Pitch? Refinance Your Pricey Car Loan With Us

LendingClub Corp. developed a popular way to refinance credit-card debt online. Now, the company wants to take on auto loans.

On Tuesday, it said it will start refinancing car loans at interest rates that could save the average borrower $1,350 over the term of...…

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Insurers and reinsurers launch Blockchain initiative B3i

Aegon, Zurich, Allianz, Munich Re and Swiss Re joined forces in an attempt to put blockchain through its paces and evaluate whether the...

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Major Hong Kong Lenders Plot Blockchain Mortgage System Launch

HSBC, BoC and others adopt blockchain for mortgage valuation system

A group of banks in Hong Kong are reportedly developing a system that uses blockchain tech to share information about mortgage...…

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Advisers who outsource investment management make more money than those that don't

Outsourcing investment management can help boost revenues, according to a survey of 8,000 advisors.

An examination of 8,000 advisers over a decade showed outsourcing can produce $1 million more revenue for firms. Advisers who outsource...…

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Sign of a Bottom? Hanwha Life Buys 4.1% of Lending Club

Korea based life insurance company Hanwha Life Insurance has purchased a 4.1% equity stake in San Francisco peer-to-peer lending group...

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Lantern Credit Partners with Plaid, Leveraging Fintech Data Solutions

The new collaboration between Lantern Credit and Plaid helps combine the efforts of two fintech innovators.

Lantern Credit, LLC, a financial technology venue, has launched a strategic partnership with Plaid, a financial infrastructure company,...…

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Fintech in Hong Kong: Where There’s a Will, There’s a Way, or Hong Kong’s Measures To Become the Fin

Great news for FinTech Entrepreneurs, the big hubs are trying to make live easier for you! Battle between the hubs in EMEA and Asia ongoing!

Hong Kong is putting substantial focus on financial technology, or fintech, to compete with Singapore and Tokyo as the fintech capital of...…

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North America’s first fintech chatbot is Canadian

There are chatbots for retail and chatbots for checking the weather, so why not a chatbot for fintech?Montreal-based online small...

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Barclays and Citi test blockchain tech for equity swaps processing

Coattail Market Blockchain PoC are popping up like mushrooms

A group of five major banks, working with Thomson Reuters, IHS Markit and Axoni, have carried out a successful test of blockchain...…

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5 mind-blowing technologies set to change supply chain management

Great article on a very interesting space that will need to be disrupted: Trade Finance!

Between smart machines, A.I., and big data,supply chain management is steadily embracing futuristic technology. This is driven by a...…

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China’s tech giants will shape international blockchain standards, with Beijing’s backing

The Chinese government has published a “whitepaper” (link in Chinese) that sets out key milestones for the development of blockchain...

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A peek at x.ai’s data science architecture

Nice look into the AI of personal assistants, which in Financial Services we see to play an increasing role coming years in advise

Amy and Andrew are AI personal assistants who schedule meetings for you. There’s no app. Nothing to download. Once you’ve agreed to meet...…

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The Robo Advisor Arms race

Nice overview of the ROBO race

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Can DNA Be the Next Big Thing in Data Storage?

The world’s data is growing too quickly for our current storage mechanisms. Humans generate hundreds of millions of bytes of data every...

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Zenefits, a Rocket That Fell to Earth, Tries to Launch Again

Trying to turn around a failing technology company is almost always a futile task — just ask Marissa Mayer at Yahoo or whoever it is who...

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Snooping in the Bathroom to Assess Credit Risk in China

Extensive consumer databases are not inplace for lenders to check, but companiesare scrambling to crack the credit code.

KUNSHAN, China — Banks and other lenders typically look at borrowers’ credit histories, tax forms and other financial information to...…

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Financial Advisers Leverage Social Media for New Business

Putnam Investments survey finds 85% of advisers are using social media day-to-day

Social media has cemented its place as a lucrative tool for financial advisers, according to a new survey that points to a digital divide...…

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How Can Predictive Analytics Help Your Bank or Fintech Company?

Not sure what is new about it, but an interesting medium focused only on Predicative Analytics

Predictive analytics encompasses a powerful set of methods that uses all the available data an organization can gather to answer key...…

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Insurance is ready for an upgrade

A bit of a generic article on insurance disruption, nothing really new, but anyway good to see instruct momentum continues to rise

Sam Friedman is in insurance research at Deloitte Center for Financial Services. Take blockchain, which established a new type of...…

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New Digital Financial Assistant for Singaporeans

PiSight, a Singapore based Fintech, is announcing the launch of PiMoney, a digital financial assistant platform powered by eWise´s...

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Iwoca closes £21m Series C to expand across Europe

Great news for IWOCA! Iwoca claims to have lent more than £150m across 18,000 different transactions and supported 7,000 businesses...

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Capital One acquires online price tracker Paribus

Great match! Consumer lending needs spending:) Paribus instead integrates with your email provider – like Gmail, Outlook, or Yahoo, for...

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Abu Dhabi and Dubai put fintech first

Middle East is stepping up FinTech momentum and role, especially Abu Dhabi and Dubai

The UAE is striving to support and develop local financial technology start-ups Bright lights, big city: Dubai hopes to seize on the...…

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BlackRock to offer infrastructure funds via independent advisers

Blackrock continue to stay ahead of the curve!

BlackRock Inc (BLK.N), the world's largest asset manager, will offer infrastructure funds for the first time through independent...…

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San Francisco based pay-per-mile insurance startup Metromile has secured a $103m Series D, led by SV

 Metromile will use the money to acquire an insurance carrier called Mosaic Insurance to handle the underwriting of its policies itself,...

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Jojonomic secures US$1.5M to help Southeast Asia manage its finances

Jojonomic secures US$1.5M to help Southeast Asia manage its finances

The round was led by Maloekoe Ventures, with participation from Golden Gate Ventures, Fenox VC, and East Ventures Indonesian fintech...…

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P2P insurance startup Lemonade launches with charity pledge

Lemonade, a peer-to-peer insurance company, has launched in New York state, where it hopes to take on traditional players through a mix...

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Cyence Raises $40M to Help Insurers Assess Cyber Risk

The software relies on both public and proprietary data and “processes it through a data science framework […] enabling insurers to...

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SoFi Plans to Offer Life Insurance by End of Year

Nice cross sell also idea for the other platforms to enhance economics and faster get a path towards profitability

Social Finance Inc., a fintech startup that made its name by helping college graduates refinance student loans, is adding a new type of...…

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German insurance giant Allianz invests in online wealth manager MoneyFarm

Increasing activity of Allianz who has taken a minority stake in Italian digital wealth manager MoneyFarm 

MoneyFarm cofounder and chairman Paolo Galvani. MoneyFarm Allianz has taken an undisclosed minority stake in Italian digital wealth...…

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PayGate acquired by East African payments firm

East Africa based online payments processor Direct Pay has acquired a majority stake in South Africa based online payment processor...

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Goldman Sachs Gives a Glimpse Into Its New Lending Plans

Focus on unsecured loans as an underserved part of the market

Stephen Scherr, who runs the bank embedded inside Goldman, spoke publicly about the firm’s online-lending effort for the first time...…

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