France Creates National FinTech Program to Rival London, New York
Not wanting to be left behind in the global FinTech engineering race, corporate leaders from around France have banded together to create the France FinTech association. FinTech has become a hot topic worldwide, as new financial service technologies and business have been springing up over the last two years. Technological hotbeds like London, New York, and Silicon Valley are on the cutting edge of the latest advancements in finance, technology, and engineering. Innovations include digital currencies like Bitcoin, regulation and oversight initiatives like New York’s BitLicense, and....
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Eleven companies showcased their innovative fintech propositions at the Barclays Accelerator demo day in New York. Eight of these companies have already signed contracts with the bank. The demo day followed 13 weeks of intensive networking, mentoring and development. The Barclays Accelerator program, offered in partnership with the Techstars global networks, includes mentorship and opportunities for financial technology startups to access industry experts, influencers and potential clients. The program covers all areas of fintech, from cybersecurity and artificial intelligence to wealth....
A new report has found that London is still leading the way as the global hub for the FinTech sector, which saw 2015 investments in the industry amounting to $19 billion. The report from Deloitte and All Street Research [PDF] looked at 21 of the major FinTech hubs around the world. After working through quantitative research and interviews with local FinTech subject matter experts, the research found there were five hubs that had a leading Index Performance Score of 25 or less, suggesting that they are more conducive to the development of FinTech. These were London, Singapore, New York,....
Innovate Finance, a non-profit membership organization serving the UK's global FinTech community, has announced a strategic partnership with leading business association BritishAmerican Business. The collaborative initiative will connect FinTech startups in New York and London, allowing firms to expand their services and products with ease. "As the next wave of innovation in financial services begins to evolve, we are seeing London and New York emerge as the epicenters of collaboration between the incumbents and disruptors, between regulators and innovators, and investors and....
Here is some wonderful news for the fintech world! Accenture in partnership with Enterprise Ireland is looking to get best of Ireland's early stage tech companies. The companies will then be able to join the Fintech Innovation Lab Accelerator program. Accenture is hoping that with this program will successfully be able to give a boost to those companies who believe that they are ready to take a leap and go global. The company also will help in linking them with leading financial and technological companies. Accenture's interest in fintech industry is not new; it along with 16 other leading....
At the end of Barclays' 13-week fintech accelerator program, the bank announced that it signed contracts with eight participating companies, two of which are involved in blockchain tech. The Flatiron District in New York has been home to the newly-launched Rise fintech laboratory, following Barclays' initiative in London a few months back. "We've done it in London, invested heavily over the past two years to connect the ecosystem there, and we're doing it now in New York City," said Derek White, Barclays chief design and innovation officer to the New York Business Journal. Rise of....