Article: Open Banking Bolsters Corporate FinServ, From India To Italy

Money, Open Governance

Open Banking Bolsters Corporate FinServ, From India To Italy

Open banking is a global phenomenon, and as more banks and FinTechs collaborate to unlock customer data for enriched banking experiences, partners are increasingly eyeing small businesses and corporates as key targets of innovation. This week’s bank-FinTech collaboration roundup explores the latest tie-ups from Italy to India, and beyond.

Israel’s Mizrahi-Tehafot Bank is working with Finastra to bolster its cross-border payment capabilities, the firms recently revealed. In a press release, the companies said Finastra will integrate its Fusion Payments To Go solution, designed for smaller financial institutions looking to strengthen their global payment capabilities.

Read Full Article

Article: Singapore Deep-Tech Alliance announces XNode-powered venture builder

Innovation, Open Space

Singapore Deep-Tech Alliance announces XNode-powered venture builder

THE SINGAPORE Deep-Tech Alliance (SDTA) has announced the launch of its venture builder, SDTA22. The venture builder is powered by XNode, which is notably Enterprise Singapore’s Global Innovation Alliance (GIA) partner in Shanghai and Shenzhen. According to a statement by SDTA, XNode has its roots in the advanced manufacturing ecosystem in China and works with startup founders to scale and with large corporations to innovate.

Besides establishing the China-Singapore Innovation Launchpad as a GIA partner, the accelerator has partnered with the Australian, Japanese, Korean and Italian governments to form landing pads for international startups to gain access to China.

Read Full Article

Article: Italy’s Fabrick collaborates with Microsoft on Open Banking

Money, Open Governance

Italy’s Fabrick collaborates with Microsoft on Open Banking

Fabrick, Italy’s first open banking ecosystem that operates internationally to promote Open Finance, announces the strengthening of its collaboration with Microsoft Italia with the aim of leveraging Cloud Computing and new technologies to continue to develop innovative projects capable of accelerating the digital transformation of the financial world.

As part of the partnership, Fabrick’s unique offer will become part of the Microsoft Commercial Marketplace, Microsoft’s financial ecosystem that already includes more than 17,000 globally certified apps and services.

Read Full Article