Financial Innovation

KakaoBank seeks to drive innovation through IPO of W2.55tr

KakaoBank CEO Yun Ho-young speaks during an online briefing with reporters on July 20. (KakaoBank) South Korea’s first mobile-only bank, KakaoBank, on July 20 announced its goal of becoming the country’s # 1 retail bank in financial innovation through its market debut at the country’s senior board, Kospi, next month. …

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Technological boom in NC? What You Need To Know About The Regulatory Sandbox Offered In Tarheel State | Bradley Arant Boult Cummings LLP

Technology is evolving and advancing at a breakneck pace across the world. Emerging technologies are reinventing everything from how we interact with each other to how we interact with businesses and institutions. Given the upward trajectory of technology, it looks like the “innovation” industry is ripe for the opportunity – …

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Thales biometric payment card: a secure innovation in your pocket

Content of the article https://www.youtube.com/watch?v=Xv_pXjXu8D0 PARIS LA DEFENSE – Payment cards are familiar products that are part of our daily lives. They have evolved rapidly in recent years with the emergence of contactless technology. At the heart of this process, Thales has helped banks to constantly reinvent the card itself …

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BIRD will invest $ 6 million. in joint US-Israeli innovation projects

Cyberint Technologies (Petah Tikva) will work with Secure Systems Innovation Corporation, dba X-Analytics (Arlington, VA) to develop an operational cyber threat intelligence capability to inform financial decision making on cyber risks. YonaLink (Jerusalem) and Trialjectory (Closter, NJ) will work to develop a platform to enroll diverse patients from diverse sites …

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3 Ways Companies Can Effectively Harness Innovation Ecosystems to Create Cutting-Edge Solutions for Their Customers

Innovation ecosystems extend beyond startups to research and expert networks, which provide an excellent pipeline for futuristic and disruptive startups. Some examples include Vanderbilt University in Nashville, Ohio University, and Oregon State University, that support everything from technology development and commercialization to sustainability and entrepreneurship. Of course, the expected players …

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CFOs on the move: week ending July 16

Rebecca Rooms Genomic diagnostics company Veracyte appointed Rebecca Rooms as the new CFO. Chambers was until recently CFO of medical technology company Outset Medical. Prior to that, she worked at Illumina, where she held several financial positions including Vice President of Financial Planning and Analysis, Vice President of Investor Relations …

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Revolut Confirms $ 800 Million New Funding at $ 33 Billion Valuation to Boost Financial Services SuperApp – TechCrunch

Fintech funding continues to arrive at a rapid pace, due to the huge change underway in the way consumers spend and manage their money. In the latest development, Revolution – the London-based financial ‘superapp’ which provides banking, investing, currency transfer and other money management services to some 16 million users …

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Blockchain Technology Will Increase Nigeria’s GDP By $ 29 Billion

By Collins Nweze Little research by Enhancing Financial Innovation & Access (EFInA) has shown that blockchain technology can add $ 29 billion to Nigeria’s gross domestic product (GDP) by 2030 and promote financial inclusion. The report, titled “Blockchain Potential for Financial Inclusion in Nigeria,” describes the potential of blockchain to …

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Central Bank of Thailand sees increase in number of companies adopting cryptocurrency

Southeast Asian country Thailand like most countries lately is embracing cryptocurrency as a growing number of companies prefer digital currencies like ether (ETH-USD) and bitcoin (BTC) as a method of payment. However, the country’s central bank may well appear to have concerns about such a move by these companies, as …

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Role of technology and innovation in combating the second wave of coronavirus

The appearance of the coronavirus in 2020 has accelerated digitization and redefined the way we live and work. By Raj Kumar, While 2021 started on a positive note with a rapid rebound in the Indian economy, the second wave of the Covid-19 pandemic derailed progress while causing massive loss of …

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