It’s been seen as the ultimate clash of cultures. The baseball cap and T-shirt versus the formal suit and tie; the young, quick-thinking fintech versus the risk-averse multinational corporate; David versus Goliath.
Welcome to fintech central! Good service operating on all lines. The latest edition of our flagship magazine – Banking Technology – is out now, packed with news, analysis and insights, case studies, research and expert commentary.
Get practical advice for overcoming the top 5 challenges of digital transformation, revealed by research in over 1000 enterprises around the globe. Are you struggling with inflexible legacy technologies? Or a lack of collaboration between business and IT teams? You’ll find the answers here. Download your copy of the Bizagi e-book to see: The 5 most […]
Where’s the humanity? Well, not here as this is an artificial intelligence (AI) round-up. Features Royal Bank of Canada, Emirates NBD, and the ten greatest threats to mankind. Royal Bank of Canada (RBC) has announced a pilot launch of two digital services based on AI that offer insights about client’s financials and an automated savings […]
The UBS-led effort to create a digital cash model for payments and settlement on blockchain has got six new banks onboard, according to the Financial Times. As Banking Technology reported in August last year, BNY Mellon, Deutsche Bank, ICAP and Santander joined UBS and Clearmatics to advance their utility settlement coin (USC) concept, and plan […]
In every aspect of life, sentiment overshoots. We overbuy and oversell securities. The political pendulum swings from left to right. Shops run out of ultra-fashionable goods only to heavily discount excess stock a couple months later. Ben Robinson, chief strategy officer at Temenos, explains how this is not a new phenomenon, but has got worse […]
Audio ambitions, accelerators and an association. It’s our latest blockchain and Bitcoin round-up. Featuring Anryze, Starta Accelerator and the Russian Association of Blockchain and Cryptocurrency. Anryze, which provides a blockchain platform designed for speech recognition and analysis, has announced it will hold a token sale to develop its product and expand into new markets. The […]
Amazon and Microsoft have announced their previously competing voice-driven artificial intelligence (AI) assistants are now an item, reports Telecoms.com (Banking Technology‘s sister publication). The world can be a lonely place for virtual assistants. All the company they have are demanding millennials constantly asking what their latest email is or a retiree wondering what the weather […]
Summer’s almost over, but there’s still time to play in the sand. Our decision to open our sandbox for all developers, not just clients, is a vital move in supporting creativity and innovation in payments. And, it’s speeding time to market.
Apple and Accenture have jumped into bed with each other to create a new digital agency which will help customers design business solutions for iOS, reports Telecoms.com (Banking Technology‘s sister publication). It’s a relatively simple idea; the digital economy is growing and people want to make money off it, but they don’t know how. In […]
In the most recent InsurTech Bytes podcast, Sarah Greasley, CTO, Direct Line Group, opened up about her experience as a woman in fintech, the challenges and the solutions. FinTech Futures (Banking Technology’s sister company) uncovered the solutions for five of the key hurdles in her career. 1: Entrepreneurship and empowering risk taking Challenge: From a […]
Mastercard is bringing its contactless payments to Fitbit’s first smartwatch, Fitbit Ionic.
Due to high volume of requests, the deadline to enter Banking Technology Awards is being extended. The final chance to enter the Awards is now Friday, 8 September 2017. Nominate projects, products, services or partnerships for a Judged Award or tell us about inspirational people by nominating them for a Leadership Award. Full details on […]
Catch up on Banking Technology’s top five fintech stories of the week – all in one place! Fiserv buys payments software vendor Dovetail Pushes deeper into the payments infrastructure sector. Mobile contactless transactions hit £370m in UK in H1 2017 A whopping 336% year-on-year increase. Avaloq maintains momentum with massive earnings rise Adjusted EBITDA increased […]
FIS has joined forces with information specialist Equifax to create OnlyID, a digital authentication solution that enables consumers to make secure transactions across multiple online accounts without passwords, reports Banking Technology‘s sister publication Paybefore. OnlyID provides “a single, secure digital log-in,” consisting of the consumer’s thumbprint or another unique identifier. The two companies jointly offer the […]
Banking challenger Douugh has unveiled its artificial intelligence (AI) powered financial platform, guided by “Sophie” – a 24/7 personal assistant for finances. Andy Taylor, founder and CEO of Douugh, says: “We believe the future of banking is about platform, data and identity.” Douugh plans to use Sophie to offer better financial decisions for consumers. Services […]
Financial services IT consultancy Synechron is working with enterprise software firm R3 on a distributed ledger technology (DLT) collaboration to develop a know your customer (KYC) solution. The solution will be built on R3’s Corda platform – that “operates in strict privacy in an open, global network”. The project aims to improve data collection, data […]
Qualcomm’s view of the future is one in which every smartphone, device and car on the road is equipped with artificial intelligence (AI) via a connected – Qualcomm – chipset, reports Light Reading (Banking Technology’s sister publication). The company laid out this AI-driven view of the world last week as its Qualcomm Technologies subsidiary announced the […]
As businesses cope with an explosion of data and users who expect real-time insights, many have turned toward in-memory computing solutions. As a result, in-memory computing platforms are becoming key infrastructure components for a growing number of organisations.
A new survey has highlighted the differences between customer expectation and experience in the fintech industry, with many companies failing to deliver the value that consumers crave. It has also flagged up the low standing that CEOs have as credible sources of information. According to public relations (PR) firm FleishmanHillard Fishburn’s (FHF) “Authenticity Gap” survey, […]
Look out Siri and Alexa, but Samsung says its artificial intelligence (AI) powered Bixby’s voice system has now expanded to more than 200 countries and territories. In addition to South Korea and the US, it is now available in the UK, Australia, Canada and South Africa, among others. As reported in March, Samsung unveiled the […]
Mapping the IT landscape of a large organisation is probably not an easy task and Rabobank is attempting to resolve this via the construction of a 3D model of its own structure and supporting IT systems. In a LinkedIn post by Hans Tesselaar, executive director of the Banking Industry Architecture Network (BIAN), a not-for-profit fintech […]
Hot on the heels of the round-up on 18 August, here’s another blockchain and Bitcoin report. Featuring D+H Corporation (now Finastra), Visa, BTCS and Blockchain Global. A patent filing frenzy seems to be occurring at present. Following on from Bank of America filing three new patents using blockchain earlier this month, we now have D+H […]
Fintech zeitgeist! This week, Oisin Merrins, editor at InsurTech Rising, ponders whether insurtech is losing its lustre.
Is fintech to banking what craft ale is to brewing? If so, what can banks learn from the rise and rise of craft ale? Aden Davies, principal consultant at ABZD, looks at ten trends seen in the craft ale industry that have interesting parallels with the rise of fintech.
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
With standards as simple as what we see with shipping containers, creative folks will begin considering options for almost anything that can benefit from these containers being mobile. The user experience that today we enjoy with mobile devices has changed the very heart of today’s data centre even as we see on-premise IT moving to clouds. Couldn’t a case be made that such flexibility be embraced even more aggressively in the future and couldn’t that change the very way we view banking as it continues to transform?
Blockchain and Bitcoin are flying high – literally in one case – as we now have satellites in space. Our latest round-up features Bitcoin Cash, Blockstream, Falcon Private Bank and Bitcoin Suisse. Bitcoin’s value doesn’t need to be discussed every day, but today (16 August) on the US-based Bitfinex exchange, it has been holding at […]
For anyone who spends hours completing their expense reports, the news that receipt and business card digitisation company Shoeboxed is ushering a travel and expense reporting system out of beta is welcome news.
Market players are bullish on the near- and longer-term promise of fintech, according to new research by Opimas, “Fintech Spending and Innovation in Capital Markets”. In 2017, it estimates fintech spending across all capital markets participants to exceed $127 billion.
New research from recruitment agency Robert Half has outlined the jobs which are under threat from automation, but when are we actually going to talk seriously about the dark side of artificial intelligence (AI)?
Fintech zeitgeist! This week, Banking Technology’s editor Tanya Andreasyan muses about the growing trend of celebrity endorsement in the fintech world.
Amid the hustle and bustle of MoneyConf in Madrid, Banking Technology managed to grab a coffee with Matteo Cassina, global head of sales at Saxo Bank. Conversation turned from the demise of bank branches to the rise artificial intelligence (AI) and open banking.
This infographic, courtesy of Savi Technology, explains how blockchain links offer immutable, trackable parcels of data that can include “smart contracts”, instructions such as other transactions that will be triggered to perform automatically later.
Facebook-owned messenger app WhatsApp submitted a new update through the Google Play Beta Programme, which will make payments available in the app’s new version.
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
HSBC and IBM are working on a project “to develop a cognitive intelligence solution combining optical character recognition with advanced robotics to make global trade safer and more efficient”.
SIX Swiss Exchange and Nasdaq and working with blockchain tech company Chain to provide distributed ledger technology (DLT) for for SIX’s over-the-counter (OTC) structured products business.
Following a year of development and testing, R3, CGI and eleven banks unveil a prototype of a trade finance app built of R3’s Corda distributed ledger technology (DLT).
Abu Dhabi Global Market and KPMG are launching the first Fintech Abu Dhabi Innovation Challenge—a five-week program for “innovative and mature startups across the globe,” with a chance to win $15,000 in prize money.
