Tag: Finance & Insurance
Walmart $16bn Flipkart deal: SoftBank uncertain, Google circling
US retail giant Walmart confirmed this week that it is taking a majority stake in Flipkart, India’s leading ecommerce brand. As announced, the deal...
Fintech: JP Morgan Chase hires head of AI research
NEWSBYTE JP Morgan Chase is signalling a move deeper into artificial intelligence by hiring a head of AI research – a new role within...
AI set for mass adoption by financial services sector
Over the next few years, AI will bring about game-changing developments for the banking sector, reports Scott Thompson.
“I do not see AI technologies currently...
Amazon debuts blockchain network solution
E-commerce giant Amazon has unveiled a new solution that allows users of its cloud computing platform to create and deploy secure blockchain networks.
Blockchain Templates...
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...
IBM, Marsh launch blockchain-based insurance network
Insurance broking and risk management specialist Marsh is collaborating with IBM on what it says is the first commercial blockchain solution for proof of...
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...
AidCoin aims to restore trust in charities via crypto and blockchain
Startup AidCoin aims to transform the charity sector using blockchain and cryptocurrencies. Can it succeed? Chris Middleton investigates.
Trust in charities is at an all-time...
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...
NatWest prevented £7m of corporate fraud using machine learning
NEWSBYTE UK bank NatWest has claimed that it has prevented £7 million worth of false payments by using a machine learning system.
The bank deployed...
Fetch launches world’s first autonomous AI smart ledger
Fetch.AI has announced the launch of what it claims is the world’s first adaptive, self-organising smart ledger technology for decentralised transactions.
Fetch is described as...
Fintech firm launches blockchain platform for legal contracts
Internet of Agreements: A British fintech start-up is developing blockchain-powered software that is intended to revolutionise the way that small and medium-sized firms conduct...