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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. 7) that the Shanghai opening adds to Standard Chartered’s existing network of labs, which are open in Singapore, Hong Kong, Kenya, London and San Francisco.

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Top 5 Fintech Fundings: Credit Scoring in China and AI for the Stock Market

Bank Innovation

That trend continues this week, with some San Francisco-grown AI thrown into the mix. Last week this space saw much of the largest fintech funding rounds taking place outside the U.S. This week we witnessed a major push forward in the process of collaboration between financial institutions (FIs) and startups. This Read More.

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7-Eleven Launches Beer Delivery In Select US Markets

PYMNTS

Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. ” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. .” We’re always looking to innovate and disrupt,” Singh said.

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Singapore’s TiffinLabs To Launch 1,000 Smart Kitchens For Food Delivery

PYMNTS

TiffinLabs opened in early 2019 and is operating some kitchens in Singapore, including digital-first restaurant brands Publico Pastabar and Hureideu – Korean Fried Chicken. market and assessing what needed to be done in terms of building demand and a network for supply, along with selecting the locations. The first U.S.

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US Judge: Uber Can Be Sued For Allegedly Forcing Out Rival

PYMNTS

The lawsuit by SC Innovations, Sidecar’s successor, has been allowed to go forward by Judge Joseph Spero in San Francisco. The lawsuit alleges that Uber began offering low fares for passengers and better incentives for drivers to bust into the market. Uber had no comment on the allegations.

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Digital Freight Services Race Toward More Cash And Last Mile Innovation

PYMNTS

The latest example of the power of those digitally-enabled innovative efforts comes from online freight marketplace operator Convoy. Founded in 2015, Seattle-based Convoy is among the biggest operators of online marketplaces that match truckers with shippers needing to move cargo,” the report said. Rowe Price Associates.

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SigFig Launches Advice and Sales Platform for Retail Banks and Customers

Bank Innovation

SigFig, a San Francisco fintech specializing in robo advice, today unveiled SigFig Atlas, an interactive platform for financial advice and software-guided sales that faces both retail banks and their customers.