From challenger to winner: how new entrant banks can succeed in the UK

Kevin Mountford, CEO of PBF Solutions, examines the key steps that new entrants to the UK banking sector need to take to attract customers and drive deposits. Challenging is one thing, but gaining a firm foothold in the UK banking sector is another, especially as the number of new entrants grows. From 2013 to mid-2015, the […]

Top fintech stories this week – 26 February 2016

Catch up on Banking Technology’s top five fintech stories of the week – all in one place! Fiserv’s CUnify core processing system bags 25 US credit unions More good news for the US software vendor. IBM delivers blockchain-as-a-service for developers Code to joy… nearly 44,000 lines made available. Potential “merger of equals” between Deutsche Börse […]

Deutsche Börse launches fintech initiative in Frankfurt

Deutsche Börse has launched a fintech initiative for new companies and start-ups in Frankfurt. From April onwards, it will make “fully equipped rooms available as a suitable environment to further develop new ideas and entrepreneurial concepts”. The start-ups will also receive on-site support from employees of the Deutsche Börse Venture Network. These will use their […]

Swift to launch global payment innovation project

Swift is planning to launch a global payment innovation initiative, which it says will dramatically improve the customer experience in correspondent banking by increasing the speed, transparency and predictability of cross-border payments. The platform is due to launch early next year.

Swift expands Innotribe to emerging markets, adds Industry Challenge

Swift’s Innotribe initiative is to expand its programme to support innovation in emerging fintech ecosystems, including Africa and Latin America. It has also announced a new Industry Challenge programme under which the Innotribe team will work with Swift members to identify business areas that could benefit from collaborative solutions.

Swift selects finalists for Innotribe Startup Challenge 2015

Swift has named the 20 finalists for the 2015 Innotribe Startup Challenge finale, which will take place at Sibos in Singapore this October. The finalists include companies focused on personal finance, foreign exchange, data protection, mobile banking and e-commerce as well as social media, big data, payments and many other areas.

Barclays opens startup accelerator programme in London

Barclays and startup accelerator company Techstars have opened the application process for the third cohort of their Accelerator programme in London, which will give ten businesses a chance to “shape the future” of financial services, the bank has said.

Innotribe names South African Start-up Challenge finalists

The Innotribe Start-up Challenge attendees selected the five finalists from the African leg of the Start-up Challenge to compete at Sibos Singapore in October. The showcase was held yesterday alongside Swift’s African Regional Conference.

Citi Mobile Challenge demos ‘disruptive’ finalists in London

Mobile startups are changing the way customers interact with financial services around the world. Tier one banks know this, and are keen to get a piece of the action. This week, companies from EMEA demoed at the Citi mobile challenge in London in the final stage of an annual event that takes in hundreds of financial startups around the globe.

BBVA names Next Bank Europe startup finalists

Spanish bank BBVA has named the 20 finalists for the European leg of its financial services startup challenge, BBVA Open Talent, which will feed into the Next Bank Europe conference in Barcelona next month.

Swift Innotribe Startup Challenge names European finalists

Swift’s Innotribe Startup Challenge has named the five European finalists for its annual competition, which seeks to find the best new companies in financial services and bring them to compete in the final at Sibos Boston in October.

Licuos named Spain’s best startup at Next Bank Madrid

Spanish business to business payment platform Licuos has been named as the winner of Innotribe Startup Disrupt, a competition to find the most innovative financial services startups in the Spanish and Portuguese speaking world.

Innotribe names New York contenders for Sibos showdown

Innotribe, the Swift-backed initiative to enable collaborative innovation in financial services, has announced the names of the five contenders from the US leg of its annual Startup Challenge to compete at Sibos 2013 in Dubai in September.

Swift names semi-finalists for US start-up challenge

Swift’s Innotribe innovation project has chosen the 15 US semi-finalists for its start-up challenge, which aims to bring together innovative ideas in financial services and turn them into functioning businesses.

Swift Innotribe names Singapore startup challenge finalists

Swift’s innovation-focused spin-off Innotribe has announced the five Singapore finalists for its global startup challenge, which aims to help innovative new companies in financial services to develop their ideas and transform them into working businesses.