FB pixel

Fintech innovation lab in Tel Aviv to focus on blockchain, IoT and biometrics


Intel Corporation has selected Tel Aviv to host its latest fintech innovation lab, according to a report by Finance Magnates.

The new Intel fintech innovation lab will focus on blockchain, Internet of Things (IoT) and biometrics applications and will be created with The Floor, a fintech hub located at the Tel Aviv Stock Exchange. The Floor has financial backing from Chinese venture capital fund Pando Group and partners including Banco Santander, HSBC, RBS and Intesa Sanpaolo.

Intel Israel’s manager of IoT Sharon Puterman-Zafrir said that the firm will both develop its own projects and look for opportunities of cooperation with the lab’s other participants. “Through this collaboration, Intel will be able to lead, alongside The Floor, the development of this field in Israel and to widen the influence of technology on the financial field, from the user to the cloud.”

“Intel brings a powerful multi-disciplinary approach that could help Israel become a global capital in the field of fintech,” added Gil Devora, The Floor’s co-founder.

Article Topics

 |   |   |   |   |   |   | 

Latest Biometrics News


Biometrics entering everyday activities via rising technologies

Biometrics underpin the new technologies that people will soon use on a daily basis for everything from payments to age…


Anticipation for Metalenz and Samsung’s answer to Face ID mounts

After Samsung and Metalenz collaborated to incorporate Samsung’s Isocell Vision 931 image sensor into Metalenz’s Polar ID imaging technology, Mashable…


Germany beefs up border security ahead of UEFA Championship

Germany has been ramping up security measures such as border checks and CCTV surveillance in preparation UEFA European Football Championship…


Inverid and Cybernetica team up to secure digital ID, signatures with biometric MFA

A new partnership has been formed by Inverid and Cybernetica to combine the NFC ID document-scanning capabilities of the former…


Vision-Box unveils new Service Design platform for travel experience enhancement

Vision-Box, an Amadeus company known for its biometrics-based travel offerings, has introduced its latest service innovation: Service Design, which aims…


Moldova’s first digital ID app sees 24K downloads in five days

Moldova’s first digital identity wallet was downloaded over 24,000 times within the first five days, causing temporary glitches due to…


37 Replies to “Fintech innovation lab in Tel Aviv to focus on blockchain, IoT and biometrics”

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Read This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events