Tag: Financial Services

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...

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...

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...

NEWSBYTE PayPal has announced that it is to acquire fraud prevention and risk management platform, Simility, for $120 million in cash. The acquisition, which is...

Robotic process automation pioneer Blue Prism has grown fast under the radar: a British success story – and a North of England success story,...

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...

The Mitsubishi UFJ Financial Group (MUFG) has announced the design and deployment of a payment platform based on blockchain technology, in partnership with US cloud...

Banks’ rising use of AI, cloud technologies, and blockchain challenge traditional notions of risk and risk management, according to a new research paper from...

Poland has become the first country to move banking records en masse onto blockchain. Biuro Informacji Kredytowej (BIK), the largest credit bureau in Central and...

Facebook has set up a small, high-powered team to explore the potential of blockchain technology, recode reports. Given the many potential uses of decentralised, cryptographic ledgers,...

NEWSBYTE JP Morgan Chase is signalling a move deeper into artificial intelligence by hiring a head of AI research – a new role within...

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...