FSTech

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Barclays Rise hub to open in Mumbai

Barclays has extended its FinTech innovation network initiative, Rise, to India. A new hub will open in Mumbai, in partnership with co-working space provider 91springboard, during the second quarter of 2016. Rise is described by Barclays as “a network of…

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Amazon prepares for payment by selfie

Amazon has filed a patent for technology that would allow shoppers to use a selfie to authenticate payment, working on the basis that this would offer a more secure means of doing so than relying on passwords. The technology uses…

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Mondo turns to Thames on debit card deal

Startup ‘mobile-first’ bank Mondo is working with Thames Card Technology to roll out contactless debit cards coupled with personalisation technology. The challenger bank, currently going through the process of acquiring its banking licence, will offer customers a contactless debit card…

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BBVA launches 2016 Open Talent contest

BBVA has launched the eighth edition of its Open Talent competition, seeking the brightest entrepreneurs who are using digital innovation to change financial services. Over 3,250 companies have entered previous editions of the competition held over the past five years,…

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ICAP completes blockchain proof of tech

ICAP has completed a proof of technology test case for a distributed ledger based on blockchain technology. The company’s Post Trade Risk and Information (PTRI) division has developed the proof of technology, using the multi-asset messaging and matching Harmony network…