FinLab investment AUTHADA secures well-known FinTech investor main incubator and finalizes seven-digit financing round
AUTHADA GmbH, a portfolio company of FinLab AG, is a technology company based in Darmstadt that offers BSI certified products for secure and user-friendly identity verification…The technology underlying the software uses the features of the electronic identity card, as the data for the electronic proof of identity (eID) is stored in the chip. AUTHADA turns the smartphone into a mobile ID card reader with Near Field Communication (NFC), enabling fast, flexible and above all secure online identification.
Congratulations to AUTHADA, who presented at the 4th FinTech Forum on 19th March 2015 and FinTech Forum On Tour | FinTech meets Telecom on 23rd Mar. 2017, Frankfurt am Main!
7 Questions with Thorsten Terweiden, Invest Hong Kong (InvestHK)
1. Tell us a bit about yourself and your company.
I am the Deputy Head of Fintech at Invest Hong Kong (InvestHK) www.InvestHK.gov.hk and lead on Fintech across Europe out of our UK Office in London. InvestHK is the Hong Kong Government department that promotes the many advantages of Hong Kong as a base to locate a business; and assists overseas enterprises establish and develop their presence in the city. InvestHK has 30 offices around the world, with its head office in Hong Kong.
http://www.fintechforum.de/7-questions-with-thorsten-terweiden-invest-hong-kong-investhk/
Deutsche Bank takes stake in payments technology start-up Modo
Deutsche Bank today announced that it has acquired an equity stake in US-based ModoPayments, LLC (Modo), an industry leader in digital payments innovation.
In line with Deutsche Bank’s strategy to grow its transaction banking franchise, Modo’s technology will help the bank expand its existing digital business-to-business and business-to-consumer payments business. In particular, Deutsche Bank will be able to extend payments into non-bank payment platforms such as Alipay, Paypal, M-Pesa and WeChat beyond traditional banking channels, e.g. payment transactions to mobile wallets and peer-to-peer networks.
T-Systems & InsurTech Spearhead accelerate vehicle claims process with clever white-label telematics
Jeden Tag erfasst die Polizei 7.200 Verkehrsunfälle. Zusätzlich bekommen die deutschen Kasko-Versicherungen täglich 4.000 Rechnungen über Glasreparaturen auf den Tisch. Nach einem Unfall beansprucht die Schadensanalyse oft mehrere Tage. Mehr Tempo können Kfz-Versicherungen machen, wenn sie sich mit dem Wagen ihres Versicherungsnehmers vernetzen. Die neue White-Label-Telematik-Lösung „Digital Drive“ (T-Systems & InsurTech Spearhead) digitalisiere den kompletten Prozess – von der Schadensanalyse bis hin zum Reparaturauftrag.
https://www.it-finanzmagazin.de/big-data-t-systems-spearhead-telematik-75916/
figo receives ZAG licence and enables ‘Licence as a Service’ through RegShield
figo GmbH is now a regulated institution under the Payment Services Supervision Act (Zahlungsdiensteaufsichtsgesetz – ZAG), granting figo authorisation by the Federal Financial Supervisory Authority (BaFin) to provide payment initiation (PIS) and account information services (AIS), which have been regulated since the beginning of the year.
https://www.figo.io/en/blog/figo-receives-zag-licence/
Commerzbank abandons plans for European online bank
“Wir haben inzwischen entschieden, das Projekt Copernicus nicht fortzuführen”, sagte Privatkundenchef Michael Mandel in einem im Intranet der Commerzbank veröffentlichten Interview, das die Nachrichtenagentur Reuters einsehen konnte. Die Frankfurter hatten seit Monaten den Aufbau einer europäischen Onlinebank geprüft. “Man kann nicht alles auf einmal machen. Das erhöht die Komplexität und macht einen nicht schneller und effizienter”, begründete Mandel die Entscheidung. “Wir haben einen klaren Fokus auf Wachstum und Effizienz in den Geschäftsfeldern, die einen direkten positiven Einfluss auf unsere Profitabilität haben.”
https://de.reuters.com/article/deutschland-commerzbank-idDEKCN1L61FZ
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