Singapore: OCBC Bank’s fintech accelerator programme, the Open Vault, will pilot tests with three start-ups – Fincast, BondIT and CogniCor.
The tests involve wealth management and artificial intelligence (AI) solutions and will begin in the fourth quarter of this year, and will last for three months.
India: Pitney Bowes, a global technology company that provides innovative products and solutions to power commerce, has named six startups to the summer session of the Pitney Bowes Accelerator Program.
Singapore: In the first collaboration of its kind with the EDB and the MAS, IBM researchers will work with government, industries and academia to develop applications and solutions which are based on enterprise blockchain, cyber-security, and cognitive computing technologies.
Singapore: Online payment company PayPal has launched its first startup incubation programme in Singapore with three financial technology, or fintech startups selected. The nine-month programme will offer the startups coaching and mentorship by PayPal executives and other experts, as well as networking opportunities.
India: Axis Bank, India’s third largest private sector bank announced the launch of ‘Thought Factory’ an innovation lab facility aimed at accelerating the development of innovative technology solutions for the banking sector.
India: Zone Startups will be managing Barclays’ Rise accelerator programme in Mumbai. Rise is a global fintech innovation platform that Barclays’ recently announced it would be rolling out in India.
Singapore: As the first innovation centre in Asia, the Singapore centre will also operate as a commercial gateway for Visa’s clients, partners and developers from across the world to extend their service offerings into Asia.
Singapore: The new lab builds upon Standard Chartered’s Silicon Valley tech hub, SC Studios, which monitors technology trends and works to connect the bank’s business units with fintech startups, entrepreneurs and universities.
Singapore: The Open Vault at OCBC, as the unit is known, will bring in fintech start-ups to use the bank’s database and interfaces to test and develop new ideas into solutions. It will focus on wealth management, credit and financing, insurance, cyber security and artificial intelligence.