Tag: Fintech
Opinion: The future of cryptocurrency relies on regulation
Andrew Kirillov, CFO at TradingView, discusses why he believes regulation is essential to the future success of cryptocurrency.
NEW CONNECTIONS
An occasional series of vendor perspectives...
Will Big Tech make retail banking obsolete?
One of the key topics to emerge out of this year’s Internet of Banking & Payments is the threat posed by Big Tech and...
Mastercard’s Veronika Colucci says the wearable payments revolution is here
Andrew Hobbs reports live from Internet of Banking & Payments 2018, as director of product development at Mastercard, Veronika Colucci, reveals how PSD2 and technological...
IMF makes the case for state-backed digital currency
International Monetary Fund (IMF) director Christine Lagarde has used a speech at the Singapore Fintech Festival to explore the case for state-backed digital currencies. The future...
Banks partner on first syndicated loan using blockchain
Spanish bank BBVA has partnered with co-lenders MUFG of Japan and BNP Paribas of France to arrange a syndicated loan using the Hyperledger and Ethereum blockchains.
€150m was...
World banking report: Banks challenged by tech alternatives
UPDATED As customers of high street banks NatWest and RBS in the UK found themselves unable to bank online or from their mobiles on...
IBM launches blockchain payment & clearing network for banks
IBM has brought its Blockchain World Wire (BWW) banking payments network out of beta testing and officially announced it to the world.
Blockchain World Wire uses...
IBM, CLS building blockchain ecosystem for financial institutions
Settlement services specialists CLS has partnered with IBM to begin work on LedgerConnect, a distributed ledger platform to be used by the financial services...
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...
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...
Mobile banking to overtake online by 2019
NEWSBYTE: UK consumers are increasingly turning to mobile banking, ahead of banking online via their computers, according to a report by industry analyst CACI.
The...
Banks’ use of AI, blockchain, cloud is systemic risk, warns industry
Banks’ rising use of AI, cloud technologies, and blockchain challenge traditional notions of risk and risk management, according to a new research paper from...