The latest news and analysis on IoT in finance, banking and insurance.
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IMF makes the case for state-backed digital currency
International Monetary Fund (IMF) director Christine Lagarde has used a speech at the Singapore Fintech Festival to explore the case for state-backed digital currencies. The future...
Banks partner on first syndicated loan using blockchain
Spanish bank BBVA has partnered with co-lenders MUFG of Japan and BNP Paribas of France to arrange a syndicated loan using the Hyperledger and Ethereum blockchains.
€150m was...
Insurance: InsurTech collaboration is key to the future
Insurance companies are increasingly seizing the opportunities presented by InsurTech disruptors, rather than warning against the challenges they pose.
The shift has seen an increase...
Exclusive: Monzo’s Simon Vans-Colina on Open Banking & APIs | Q&A
As digital, mobile-only bank Monzo passes one million users, Simon Vans-Colina talks to Andrew Hobbs about what a truly modern provider looks like in...
75 major banks join blockchain payments network
Internet of Business says
While many in the banking sector have railed against blockchain and cryptocurrencies this year, suggesting the former is a systemic risk...
John Hancock pushes fitness tracking for life insurance policies
North American life insurance provider John Hancock is to link life insurance policies to holders’ fitness trackers, in what it claims is a drive...
World banking report: Banks challenged by tech alternatives
UPDATED As customers of high street banks NatWest and RBS in the UK found themselves unable to bank online or from their mobiles on...
UK government calls for regulation of cryptocurrency ‘Wild West’
The UK government's Treasury Committee has called for greater regulation of cryptocurrencies, citing volatile prices, hacking vulnerabilities, minimal consumer protection, and money laundering risks...
Trade war: Boxing clever? US hits China with more tech tariffs
Chris Middleton explains why the technology sector is in the firing line of the US-China trade war, while Apple customers may get a shock...
IoT security: How to beat crypto-jacking attacks | Expert panel
Cyber criminals are increasingly hijacking computing power to mine cryptocurrencies. The impact is much greater than firms might think, warns Kate O’Flaherty. But what...
Internet of Insurance: MicroStrategy’s Robert Davis on democratising data analytics
Hot on the heels of his keynote presentation at our Internet of Insurance event in London, MicroStrategy’s Robert Davis, VP product management EMEA, sat...
IBM launches blockchain payment & clearing network for banks
IBM has brought its Blockchain World Wire (BWW) banking payments network out of beta testing and officially announced it to the world.
Blockchain World Wire uses...