Issue 2 · Sep 28, 2015 Weekly edition · 2 min read

FinTech News

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The digital evolution in the financial sector Algorithm-based banking with the human touch

Internet firms throwing down the gauntlet to the banking world. In sections of the financial industry there are many web- and data-based financial products and services that customers cannot obtain from either their bank or a similar provider.

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In this issue · 9 items

EBICS isn’t just EBICS Even though there is a standardised specification for EBICS, it is used differently across Europe for submission and for authorisation checks by the bank with regard to payment transaction orders. Open story ↗ Banken und Fin-Tech Kooperationen in GER André M. Bajorat compiled an overview of cooperations between german banks and FinTech startups. Open story ↗ Deutsche Bank Setting Up Innovation Labs With IBM, Microsoft Deutsche Bank AG is working on setting up joint innovation laboratories with technology firms IBM, Microsoft to improve its digital banking operations Open story ↗ Payme - A redesigned invoice payment process With the goal to make the invoice friendlier and the payment easier for the customer Railslove re-designed the invoicing process and developed payme, a showcase for 1-click SEPA direct debits. Open story ↗ Hands on with Snapchat's money-sending service, Snapcash Snapchat is no longer just for sending disappearing messages. The company announced it was partnering with Square to allow its users to send money to each other with its new payments feature Snapcash. Open story ↗ 5 fintech startups going places after Startupbootcamp Tech City News has selected its pick of startups from the Startupbootcamp fintech's first class. Open story ↗ 100 Dutch Merchants to Receive Bitcoin Terminals BitPay and BitStraat are launching Amsterdam Bitcoin City, a project aiming to establish Amsterdam as the bitcoin capital of the world. Open story ↗ 14 Companies Raise $75 Million this Week With no blockbuster fundings ($25 mil+), the weekly total of $75 million was the fourth-lowest since we began tracking August 1. Open story ↗ How Millennials and the 'Bitcoin Mindset' Will Change the Industry Whether financial services executives love or hate Bitcoin, experts say the digital currency's underlying technology will inevitably affect their businesses. And the next generation of consumers are driving this change. Open story ↗

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The digital evolution in the financial sector Algorithm-based banking with the human touch

Finance intelligence, minus the noise.

Good questions. Clear answers.

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