Tag: Financial Services
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...
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...
IBM unveils new data science platform to accelerate AI adoption
American tech giant IBM has unveiled a new data science and machine learning app-building platform to help companies tap into the benefits of artificial...
Microservices future of IOT, AI, blockchain says Alfresco CTO
Alfresco Software co-founder and CTO John Newton says modular development and microservices could be the key to getting IoT services to market swiftly –...
Huawei unveils global expansion plans for Huawei Pay
Huawei has signed an agreement with UnionPay International in a bid to bring its Huawei Pay payment service to more countries around the world....
Eight examples of how IoT is improving retail banking
The financial services sector has been slow to embrace the IoT – but look hard enough and you’ll find some retail banking bright lights...
SAP: Banks must prepare for open banking age
In an exclusive interview, John Bertrand, industry value engineer at software giant SAP, talks Internet of Business through the likely impact of open banking...
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...
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...
Visa Europe: In Internet of Payments, convenience and security will rule
Internet of Business talks payments with Jonathan Vaux, executive director of engagement at the Visa Innovation Center London.
In February this year, Visa announced the...