An Asian European Group to launch blockchain powered banking platform in December 2018
- FINX Group, which comprises of Asian and European members, is launching a banking platform powered by blockchain at the end of this year.
The banking industry has reportedly been spending $1.7 billion each year on research and...
New scam: Avoid fraudsters taking over your PC and online banking
CONSUMERS are urged to avoid falling victim to a new banking scam whereby fraudsters remotely take control of your PC over the internet and gain access to your online banking profile.
Fraudsters are sending unsuspecting...
Digital Open Banking – A Millennial’s View
BY RYAN LICHTENWALD
One of the trends we’ve seen recently is the rapidly shifting digital banking landscape and the focus on serving the tech savvy millennial generation. My personal experiences navigating our current financial system have...
How blockchain tech removes the hassle of multi-account sign-ins
By Kenny Au
The average person has over 90 online accounts for purposes ranging from online banking, shopping, social media, blogging, and other work-related activities.
Consequently, people are facing problems in retaining passwords for all these accounts...
Artificial intelligence and the future jobs you need to upskill for
At the 2017 Web Summit in Lisbon, when Sophia, a humanoid robot powered by artificial intelligence (AI), joked “We will take your jobs,” behind the nervous laughter of the 60,000 attendees was a realisation...
The digital banking paradox
By Andrew Cornell
So too digital banking. How do we create a digital bank? Well don’t start from here.
"Incumbent banks have a multitude of impediments to being an ideal digital financial institution.”
Essentially that’s the argument which underwrites...
This fintech startup makes investing in real estate corporate bonds as simple as shopping...
Corporate bond offerings were always one of the most compelling ways to invest. Usually, it is considered a big players game. But Lithuanian real estate development crowdfunding startup Röntgen is about to disrupt that...
Fintech players rely on AI to build credit scores for disbursal of loans
By PRIYANKA PANI
The burgeoning online lending segment in India is also giving rise to a new kind of challenge on sourcing credit score data.
To solve this problem, several fintech companies are using Artificial Intelligence (AI)...
Moody’s Analytics Partners with Paxata to Enable Self-Service Data Preparation for Financial Institutions
LONDON, July 24, 2018 – Moody’s Analytics, a global provider of financial intelligence, has enhanced its data capabilities by partnering with Paxata, a leader in data preparation. Through this partnership, Moody’s Analytics now offers financial institutions...
Major Hotels in Iran Accepting Deposits in Cryptocurrency to Avoid U.S. Sanctions
By Joseph Young
HotelsInIran.com (“Hotels in Iran”), a major Iranian hotel booking platform, began accepting payments in cryptocurrency subsequent to the imposition of additional sanctions by the U.S. on Iran and Russia in July 2018.
Adoption of...