Bancorp’s Cube8 Innovation Lab to Further Blockchain Tech for Fintech Sector
Bancorp launches Cube8 Innovation Studio for research and development of fintech and blockchain solutions. The private labeled financial and banking solutions provider for non-banking entities, Bancorp has forayed into blockchain technology. In order to create new-age financial technology solutions for its customers, the company has announced the launch of Cube8 Innovation Lab. Cube8 will be a fintech innovation and development studio dedicated to exploring and implementing unconventional and radical ideas in financial technology. The company, in a recent press release, has stated that the....
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When it comes to innovations in the financial sector, most experts are looking towards London, as it is the financial capital of the world. But these experts tend to forget that Fintech innovation can come from any corner of the world, as not all of the development focused in centralized in London itself. In fact, there are at least five major cities....
The Banque de France has revealed that it is opening a blockchain innovation lab as it seeks to work more with blockchain startups. In a speech [PDF] presented by Banque de France governor Villeroy de Galhau last month at the Paris FinTech Forum, and published recently, the central bank explained that more work needs to be done with the blockchain. According to Galhau, ‘the digital revolution is creating challenges but also incredible opportunities that are just waiting to be seized, whether by FinTechs themselves, by the entire financial system or by the French and European economy as a....
Israel may soon become one of the important fintech hubs in the world, thanks to the collaboration between the Floor and Intel. Intel Corporation (NASDAQ: INTC), the semiconductor giant has joined hands with The Floor, a fintech hub located at the Tel Aviv Stock Exchange to start its own fintech innovation hub in Israel. According to an announcement made by the company on Sunday, the fintech innovation hub will be Intel’s foray into the fintech solutions sector, following the increasing demand for bitcoin and blockchain based solutions by banking and financial organizations. Tel Aviv,....
The Hong Kong Monetary Authority has revealed that it is establishing a Fintech Innovation Hub and a supervisory sandbox that will permit banks to conduct proof of concept trials and services as the country attempts to boost the development of Fintech in the financial services sector. In a speech at a summit in Hong Kong, Chief Executive of the Hong Kong Monetary Authority (HKMA), Norman Chan, said that the Fintech Innovation Hub ‘allows regulators to provide early inputs to the trial works before the actual implementation.’ He added: While some of the largest banks have built their own....
Intel has announced the creation of a new fintech innovation lab in Tel Aviv, The Jerusalem Post reports. The lab will be operated in association with The Floor, a fintech hub based at the Tel Aviv Stock Exchange. The work of the new Intel fintech lab will be centered on blockchain technology, biometrics and the Internet of Things (IoT). “Through this collaboration, Intel will be able to lead, alongside The Floor, the development of this field in Israel and to widen the influence of technology on the financial field, from the user to the cloud,” said Sharon Puterman-Zafrir, Intel Israel’s....