Tag: Finance
SPECIAL REPORT: How A.I. is exploding the Financial Services market
As the World Economic Forum publishes the most extensive and in-depth report yet on artificial intelligence's transformation of the financial services sector, Internet of...
30% of enterprises hit by crypto-mining attacks in past month
Thirty percent of large UK businesses admit to being hit by crypto-mining attacks within the previous month, according to new figures released today.
The research,...
Is Facebook asking banks to share users’ financial data?
Facebook has reportedly approached several large US banks, asking them to share detailed financial data about their customers, including bank balances and card transactions.
In...
Apple’s record results see it booming in wearables, mobile payments
Despite the widely held belief that Apple is losing ground to Google and has been short of big ideas since the passing of Steve...
China trade tariffs a “tax on consumers”, says Apple CEO
Apple CEO Tim Cook has slammed the escalating trade war between China and the US as a “tax on the consumer”.
In an earnings call...
Europe hits Google with record antitrust fine
NEWSBYTE The European Commission (EC) has hit Google with its largest ever fine, €4.3 billion ($5.07 billion), for antitrust violations relating to its Android mobile...
Fintech: Intelligent automation could add $512 billion to finance sector
A new report from Capgemini’s Digital Transformation Institute reveals that, by 2020, the financial services industry could reap up to $512 billion in new global revenues...
Swiss town votes via blockchain, while blockchain bank tools up
A Swiss town votes on blockchain, while BABB – the self-styled 'World Bank for the microeconomy' – is gearing up for 2019 launch. Malek Murison...
10 steps to a successful business case for IoT
In this must-read guide to building a business case for IoT programmes, Andrew Hobbs reveals how best to identify and act on digital innovation...
Cyber attack could cost bank half of its profits, warns IMF
Cyber risk has emerged as a significant threat to the financial system, according to a new report from the International Monetary Fund (IMF).
Although hardly...
“Cryptocurrency systems can’t scale or be trusted” – central banking organisation
UPDATED The more popular cryptocurrencies become, the less trustworthy and efficient they are, according to a key central banking organisation.
Cryptocurrencies are “not scalable and...
Banking: Is blockchain GDPR compliant – yes or no?
A blockchain provider contradicted itself when asked by Internet of Business about its banking solution's GDPR compliance. The company's response reinforces the complexity of...