Issue 21 · Sep 28, 2015 Weekly edition · 3 min read

FinTech News

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Now you can log into your bank using emoji

With emoji now the fastest growing language in the UK, a British technology firm has launched the world’s first emoji-only passcode, which is easier to remember and mathematically more secure than traditional passcodes. - See more at: http://www.intelligentenvironments.com/info-centre/press-releases/now-you-can-log-into-your-bank-using-emoji-1#sthash.z7vcG92M.dpuf

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In this issue · 11 items

Payments of the Future: EPA Launches Payments Incubator Incubator dedicated to early stage companies in the payments industry, supported by leading payment firms MasterCard and The Bancorp. Open story ↗ Bitcoin Spending Platform Safello Deal With Barclays to use Block Chain in Fintech Safello, a bitcoin spending platform based in Stockholm, Sweden, has signed a proof of concept (PoC) with Barclays to explore how the financial services sector can harness block chain technologies. The agreement marks one of the highlights of the Barclays Accelerator Demo Day in London. It also marks first PoC that a U.K. high street bank has announced with a bitcoin company. Safello has already enrolled more than 20,000 users in Europe. Open story ↗ FinFair Brings Groundbreaking FinTech and Alternative Finance Program to Wall Street FinFair 2015, the first conference to feature the leadership, products and technologies driving the crowd-centric retail alternatives market, is pleased to officially announce one of the most groundbreaking FinTech and alternative finance programs to penetrate Wall Street. Open story ↗ Why London is beating Sydney in fintech Bigger is not always better but in the case of financial technology, the London market is leaving Sydney for dead. Open story ↗ Stockholm firms bag a fifth of European fintech investments since 2010 London still rules the roost with companies like Transferwise and Currency Cloud raising vast funding rounds recently. Open story ↗ Startup Village rolls out scheme for innovative students The entrepreneurial ambitions of engineering graduates in Kerala will now get a cutting edge with the Startup Village rolling out its 'FINTECH Studio' scheme, which provides devices and tools for transforming their innovative ideas into reality. Open story ↗ Who Will Survive the Era of Digital Disruption? Slideshow Open story ↗ PE HUB » Currency Cloud snaps up $18 mln Series C Payments platform Currency Cloud has secured $18 million in Series C funding. Sapphire Ventures led the round with participation from Rakuten, Anthemis, Atlas Ventures, Notion Capital and XAnge Private Equity. In addition to the funding, Andreas Weiskam of Sapphire Ventures has been added to Currency Cloud’s board of directors. Open story ↗ Doubts over UK’s “Fintech” in Age of Cyber War Banks’ “archaic technology systems” are unable to cope with the demands of modern online banking according to the Financial Times. The claim was made over the weekend in an Finantial Times article discussing the latest fintech glitch suffered by Royal Bank of Scotland last Tuesday in which payments of 600,000 customers “went missing.” Open story ↗ Banks' Real Fight with Fintech: Who Owns the Customer? Bankers and Silicon Valley types are fond of framing their rivalry over the future of financial services as a winner-takes-all game. But that construct may be too simplistic, according to a growing number of people on the front lines of digital innovation. Open story ↗ One Fintech Company to rule them all I bet very few people have heard of Ant Financial Services Group. I guarantee everyone in the financial services industry should know about Ant. Ant has recently been valued at a piddly $45 billion. How can a company few know, that is not a household name, be valued at such a astronomical level? Easy answer in one word: Alibaba - read this. Open story ↗

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