Standard Chartered Creates Unit to Invest in FinTech

The new unit will be led by Alex Manson, previously global head of transaction banking at StanChart
17 January 2018   420

Standard Chartered announced on January 17 that it has established a new business unit, SC Ventures, to lead digital innovation across the Group, invest in fintech and other start-up companies and promote rapid testing and implementation of new business models.

SC Ventures will be led by Alex Manson, previously global head of transaction banking at StanChart. The company will include internal consultants to help the rest of the group solve problems with technology and a team to sponsor and oversee new disruptive technology ventures owned by StanChart.

As new technology continues to play an ever more important role in banking, there is a huge opportunity for us to promote more innovation, and at the same time develop and deliver digital solutions that work for our clients and for us.

 

Michael Gorriz

Group Chief Information Officer of Standard Chartered

Standard Chartered has already launched a new cross-border payments platform built on top of technology developed by Ripple and the company has also entered into a joint innovation agreement with Paxata, a software company.

Texas to host BitBlockBoom conference

Bitcoin, blockchain and cryptocurrency conference BitBlockBoom will be held on July 14 - 15 to discuss the disruptive technology
19 May 2018   39

Bitcoin, blockchain and cryptocurrency professionals are going to convene in Irving, TX on July 14 through July 15. Brightest minds in crypto will be talking about the true meaning of Bitcoin, the promise of a distributed ledgers, and the potential of decentralization. First wave of speakers are as follows:

The conference will be held at the Study USA. Here is what the event says about itself:

Invest in yourself. Learning about cryptocurrency today is like learning HTML in the 1990s. With the proper training you can have a career spanning decades. With the proper knowledge you can avoid scams and discover opportunities to prosper in this new industry.

The event is sponsored by Crypto Unicorn Money. To learn more about the event, you can visit the official page here.