Tag: Banking
Bitcoin miners losing real money at current prices, says Morgan Stanley
Investment bank and financial services giant Morgan Stanley has claimed that most Bitcoin miners will be losing real money unless the cryptocurrencies’ real-world value...
Government chooses fintech start-up to lead UK tech mission to China
Fintech start-up Nuggets has been chosen by the UK government and the Mayor of London to embark on two trade missions to China this...
Fintech firm unveils AI-powered mortgage broker
British fintech firm Nuvo has unveiled what it claims is the world’s first ever artificial intelligence-powered mortgage broker. First trailed in February, the system...
Internet of Banking & Payments: where every device is a payment...
With the impending arrival of the second payment services directive in January, the pressure is on financial institutions to ensure they’re ready for...
Standard Chartered deploys Kasisto chatbots to help customers
Standard Chartered banking customers will soon be getting assistance from Kasisto chatbots on a range of money management matters.
The chatbots deployed by Standard Chartered...
Use of AI and machine learning in finance could cause crisis,...
The Financial Stability Board has issued a paper on the use of AI and machine learning in finance, warning that their current use creates...
Fintech app Glance Pay heralded as ‘the next PayPal’
Canadian startup Glance Pay, launched last year, looks well placed to bring fresh impetus to the fintech market, with its innovative new mobile payment...
IBM gets into bed on mobile with fintech Dream Payments
Tech giant IBM has teamed up with a Toronto-based fintech company Dream Payments, with the goal of transforming the way mobile payments are made...
Gemalto launches new hardware security module for payments
In what it claims is a first for the banking industry, digital security giant Gemalto has launched a single hardware security module (HSM) to...
Americans happy to share data in emergencies, but snooping fears remain
The majority of US consumers would happily share their personal data with police or healthcare providers via IoT devices, but there are limits to what...
FitPay brings prepaid functionality to IoT and wearable devices
Contactless payments company FitPay is set to offer prepaid capabilities on IoT and wearable devices.
Announcing the new features, FitPay, a subsidiary of mobile security...
NatWest trials AI compliance tool to ensure financial advice is spot...
Royal Bank of Scotland-owned high street bank NatWest is trialing an artificial intelligence tool “to improve and monitor the quality of information and advice...