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StanChart Deepens China Focus With Innovation Lab Launch

PYMNTS

bank Standard Chartered is expanding its network of innovation labs with the launch of an eXellerator lab in Shanghai, reports said this week. The latest lab will aim to promote collaboration between the bank’s employees, corporate clients and FinTech partners to develop new financial services for businesses.

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VCs And SPACs Raise $1B+ To Invest In Cloud, AI And More Despite Pandemic

PYMNTS

Despite wide-ranging economic uncertainties and a challenging investment environment, venture capital (VC) firms and special purpose acquisition companies (SPACs) are actively raising or seeking fresh funds for investment in the payments space. It also plans to invest in companies where technology is a clear differentiator.

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Corporate Payments Firm AccessPay Secures US Backing

PYMNTS

. “We are one of a few players in the world focusing on that space,” said AccessPay CEO Anish Kapoor, adding that the company addresses the friction associated with back-end corporate financial technologies operating in siloes. Corporate payments have not seen the same level of innovation as consumer payments.

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Meet Our 2023 FICO Decisions Awards Judges

FICO

FICO has announced its panel of independent judges for the 2023 FICO® Decisions Awards , which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. Neeti Aggarwal manages the financial technology and innovation research at The Asian Banker.

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Investment Tracker: FLYR’s Data Science Shakes Up Travel Industry

PYMNTS

That capital is earmarked toward helping the firm’s balance sheet ahead of new capital rules that go into effect within the next two years. The latest funding round was led by Thrive Capital. But one data science startup looks to shake things up by predicting airfare — and investors are taking notice. For the $1.4

Industry 100
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Can The Wealthiest City Win At FinTech?

PYMNTS

There’s an estimated 492 startups in Tokyo, with the majority serving the mobile and big data analytics sectors. Tokyo is well-known for its strong economy and significant presence in the financial world. According to Reuters, the decision could enable the flow of capital on an estimated $9 trillion in cash deposits.

Fintech 100
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Analyzing The Private Market Investment Strategies of P&C Insurers

CB Insights

XL Innovate. Get a data driven view on developments in the insurance tech distribution landscape, where startups are making moves, and how incumbents are responding. Stated investment focus: The Internet of Things (car/home/health), data and analytics, innovative customer experiences, distribution (i.e. Aviva Ventures.