U.K. bank Standard Chartered is expanding its network of innovation labs with the launch of an eXellerator lab in Shanghai, reports said this week. NS Banking said Wednesday (Aug. 7) that the Shanghai opening adds to Standard Chartered’s existing network of labs, which are open...
Nick Ogden seems to have a thing for years that end in seven. In 1997, he founded Worldpay, an online payments processor based in the U.K. that he sold to RBS in 2002. In May 2007, Voice Commerce, the voice biometrics company he founded in...
Financial software firm Misys had a bit of a roller coaster year in a market constantly in flux. The U.K. company canceled its IPO last October, citing “current market conditions” as its reason behind deciding not to pursue an estimated $7 billion float on the London Stock Exchange....
Though the “think small, grow big” mentality might not be the first approach that comes to mind for FinTechs, it may be because there’s a misconception about what thinking small really entails. David Weiss, president of YapStone, explains why market specialization or focusing on specific...
June 04, 2024
A key objective among FinTechs is to innovate new products that extend their brand reputation and market reach. For example, FinTechs are expanding their mobile features and capabilities and improving the user experience to retain existing accountholders and attract new customers. Many — but not all — of these institutions have also set their sights […]
April 17, 2017
Nick Ogden seems to have a thing for years that end in seven. In 1997, he founded Worldpay, an online payments processor based in the U.K. that he sold to...
March 08, 2017
Though the “think small, grow big” mentality might not be the first approach that comes to mind for FinTechs, it may be because there’s a misconception about what thinking small...
August 31, 2016
The modern corporate treasurer can now focus on growing the company, standing as a more strategic role of cash manager and investor for a firm. In large part, analysts say,...
March 07, 2017
On Monday (March 6), CFPB Director Richard Cordray presented at the LendIt USA Conference, providing attendees with an overview of where the bureau stands on FinTech innovation. In his keynote speech, Cordray shared how the CFPB is working to help facilitate FinTech innovation in a way that is beneficial for both providers and consumers. Three […]
January 20, 2017
The former CEO of blockchain FinTech firm Ripple has found a new position. Chris Larsen, who announced in November that he would leave his position at Ripple, has joined HSBC on...
