Tags: Fintech

Lakeside Partners launches blockchain competition

Lakeside Partners has launched Switzerland’s biggest blockchain start-up contest. The competition is aimed at the insurance industry and carries a top prize of US$100,000. The call for entries has gone out today and entries have to be in by July 30th. The jury will select the top 50 in September and reduce that to 10…

Financial advisors gets power of Einstein

Salesforce has announced the launch of Financial Services Cloud Einstein. The announcement comes barely a year after Financial Service Cloud was launched in March 2016. Everything should be made a simple as possible, but not simpler – Albert Einstein The challenge for Financial Services Wealth management is one of those industries that to some degree has…

Mobile money gets Indonesia boost

Singtel and Telkomsel have launched a real-time mobile remittance service to Indonesia. It is being delivered as part of the Singtel Dash brand. The service will allow users to send money to PT Pos Indonesia’s 4,000 cash-out points via Weselpos Instan. It is already possible to send money to Indonesian bank accounts. This new facility…

Gift cards under attack at 1,000 retailers

Distil Networks is reporting that over 1,000 of its customers are under attack from a new advanced persistent bot. The APB called GiftGhostBot is attacking gift card sites. Anna Westelius, Director of Engineering, Professional Services, Distil Networks disclosed the details in a blog. She says: “GiftGhostBot, automatically checks millions of gift card numbers to determine…

Canadian consumers to get blockchain

IBM And SecureKey Technologies are to deploy a digital identity and attribute network based on blockchain. The solution is aimed at making life easier for consumers to prove their identity and share personal data. This is not just about “who am I?” It is also about allowing consumers to share other data such as salary or earning…

Business Leader Interview: Paresh Davdra CEO, RationalFX

Paresh Davdra is the co-founder CEO of RationalFX and Xendpay, both are based in London. RationalFX is the UK’s first online foreign exchange service, it has just 108 staff but operates internationally with an annual turnover of over $3 billion. Xendpay is the first Pay-What-You-Want money transfer service with offices in UK, France and Spain.…

Private Equity gets Blockchain technology

Northern Trust and IBM have announced the first commercial deployment of blockchain technology for the private equity market. The goal is to increase security and transparency of asset management and trading. The solution was jointly developed by Northern Trust and IBM using the open source Hyperledger Fabric. It is deployed by Unigestion who are based in Geneva, Switzerland.…

Startups get legal help to Grow

Commercial law firm Browne Jacobson is launching a new service for startups. It is targeting startups that it believes have high-growth potential with its new Grow service. Grow launches on Thursday 23rd February at the NewFinance FinTech Open Mic event. Browne Jacobson will provide a dedicated lawyer, below partner level, to work with qualifying startups. A statement…