Finding compatibility in bank-FinTech partnerships
As the financial services sector continues to undergo digital transformation business models and approaches to industry disruptors and potential competitors are being radically reframed. Read more: www.finextra.com
Siemens establishes €1bn Next47 super fund for startups
German tech and engineering powerhouse Siemens is to invest $1bn in a new start-up accelerator called Next47 focused on disruptive ideas. Read more: www.siliconrepublic.com
Brexit could bring a FinTech chill in EU
Uncertainty continues to weigh on markets and Brexit could have a chilling effect on FinTech in Europe. Read more: www.pymnts.com
How big banks can stop FinTech upstarts from getting your money
Traditional banking companies are under attack from well-funded upstarts. Here’s how banks can win the battle. Read more: www.marketwatch.com
Nearly half of North Americans open to robo-advice
Nearly half of North American bank customers are open to ditching human expertise for automated, computer-generated advice and services. Read more: www.finextra.com
Bitcoin still not ready for prime time, Citi says
Bitcoin is an interesting experiment that is no threat to the banking system. Read more: blogs.wsj.com
JPMorgan embraces FinTech startups
Eschewing the usual accelerator route, JPMorgan is setting up an 'in-residence' programme for fintech startups. Read more: www.finextra.com
InsurTech futures: 28% now turn to online channels to claim
BT survey reveals increasing use of digital channels for insurance transactions. Read more: www.insuranceage.co.uk
Axis Bank launches innovation lab to partner with FinTech startups
Axis Bank launches innovation lab to partner with fintech start-ups. Read more: www.business-standard.com
First “Peer to Peer” Bank Raises $6m In Australia
The world’s “first peer to peer bank” has just departed stealth mode having received a $6 million investment to fuel the disruption of traditional banking. Read more: www.crowdfundinsider.com