Major Financial Industry Players Rally Around FDC3 To Provide Universal Technology Standards

OpenFin brings together leading capital markets participants to power industry application interoperability and desktop connectivity March 8, 2018 – New York and London – A newly formed group of major finance industry players announced today that they have joined an OpenFin-led initiative to bring universal connectivity and standards to all of the financial industry’s desktop…

Mind the Gap: Addressing Challenges to FinTech Adoption

After nearly a decade of growth for the fintech sector, it has taken a foothold in financial services. The ability to quickly adopt external innovation is creating competitive advantages for financial services companies. Entrepreneurial fintechs decreasingly see themselves as competitors with large financial institutions, but rather as partners in a large, highly regulated marketplace. Financial…

How an entrepreneur and Fortune 500 CEO taps into hard earned lessons as a fintech mentor

By Cris Conde As I write, I’m just completing five days of intensive interviews in London with candidates for the Lab here. In my role as an entrepreneur-in-residence at the Fintech Innovation Lab, these experiences are often dizzying in one respect, bracing in another. I’ve never seen a wider extent of innovation and opportunity any…

ASX Gives Digital Asset’s Technology Green Light to Replace CHESS

ASX today announces its intention to replace CHESS using distributed ledger technology (DLT) developed by its technology partner Digital Asset (DA) CHESS (Clearing House Electronic Subregister System) is the system used by ASX to record shareholdings and manage the clearing and settlement of equity transactions in Australia. It was world-leading when introduced in the 1990s, providing name-on-register…

Alumni Perspective: How the Lab Helped My AI Company Get Into Fintech

By Paul Nemirovsky My company, dMetrics, was selected as part of the 2017 FinTech Innovation Lab cohort. Since wrapping up the program with Demo Day in June, I’ve had a chance to reflect on exactly what we got out of the program. Unlike most of the Lab’s companies, dMetrics wasn’t started to serve financial clients.…

New York City Fuels FinTech Innovation

An open innovation framework established by the Partnership for New York City, Accenture and financial institutions spurs tech advances and economic gains. For most business and IT executives, today’s furious rate of technology change represents both opportunities and challenges. However, at the center of everything is an issue that many struggle with: keeping up with…