Friday, April 26, 2024
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JP Morgan Chase pumped $600m into FinTech in 2016

In his annual letter to shareholders, Dimon says that one of the reasons behind JPMorgan's solid performance is its commitment to technology. Read more: www.finextra.com

Blockchain: a real opportunity for retail financial services

As younger generations look to their mobile devices to carry out payments and other transactions, the brick and mortar bank will begin to resemble a by-gone age. Read more: www.bankingtech.com

InsurTech platform revenues to approach $235bn by 2021

The new study argued that the value chain in the insurance market is transforming rapidly. This will force traditional providers to improve their service. Read more: www.prnewswire.com

Banks rethink strategy as mobile money growth continues

The advent of mobile money services in Rwanda a few years back was touted as a liberating phenomenon by some experts because it enables people send and receive money outside the banking system. Read more: allafrica.com

Rent payments move up to mobile

Jonathan Eppers, founder and CEO of RadPad, whose goal is to make writing checks for rent a relic of the past. Read more: www.pymnts.com

Asia’s first Robo-Advisor mobile app to launch in Q3 2016

8 Securities, a leading FinTech firm in Asia, today announced the upcoming launch of Asia's first robo-advisor mobile app Chloe in Hong Kong. Read more: fintechnews.sg

Mobile banking platform Number26 pulls in $40m from heavyweight VCs

Number26, a mobile banking platform, has raised $40m in its latest financing round, led by Horizons Ventures.

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