Accessible data and AI: Powering the future of fintech
BY: RACHEL CARPENTER
Why does the fintech industry need to make data and AI more accessible? In short, time, money and intelligence. Each day we are tasked with making financial decisions on matters ranging from personal finance...
China not totally against cryptocurrencies
By Ko Tin-yau
Bitcoin’s price took a dive of 25 percent last week, falling off from nearly US$12,000 to US$8,700.
The fall has been attributed to last week’s hacking of Binance, one of the world’s largest cryptocurrency exchanges.
Also,...
How Blockchain Could Disrupt Banking
Last September, JPMorgan Chase CEO Jamie Dimon took a stab at Bitcoin: “It’s worse than tulip bulbs. It won’t end well. Someone is going to get killed.”
Lloyd Blankfein, head of Goldman Sachs echoed that...
Digital banking makes physical branches better – FNB CEO
By Jamie McKane
The increasing number of banking customers who use mobile applications and Internet banking leads to a better experience at physical bank branches, according to FNB CEO Jacques Celliers.
Celliers said FNB’s strategy to move...
KIB harnessing innovation to improve the customer experience
By James Eugene Galligan, General Manager of Retail Banking, Kuwait International Bank
As with many nations in the Gulf region, a dramatic push towards economic diversification has remained a key focus for governmental organisations and businesses...
Banks to continue leveraging on digital trend: Randstad
Malaysian financial institutions are capitalising on digital trends and increasing customer acceptance to introduce a myriad of new and creative online distribution channels.
A new study by global recruitment and human resources (HR) services providers...
Industry Insights: What’s New and Good to Know in Digital Banking
By Alissa Fry-Harris
Think you know all about online and mobile banking? There’s certainly enough ink (well, pixels) spilled on the subject every month.
And yet, it’s a lot to keep up with. Below, we have uncovered...
Bank Indonesia studies use of blockchain
Bank Indonesia (BI) is studying the use of blockchain, a system in which a record of transactions made in bitcoin or another cryptocurrency is maintained across several computers.
"In addition, BI is studying a central...
Dimebox releases machine learning fraud predictor that combats evolving fraud trends
The fraud predictor trains itself on batches of transactions that are known to be legitimate or fraudulent, from specific merchant databases, creating a deep understanding of the kind of fraud that is targeting individual...
Leading Nigerian banking into the digital age
By Segun Oloketuyi, Managing Director and CEO at Wema Bank
As the rise of technology continues to bring significant changes in the way that banking works, it is also offering institutions like Wema Bank the opportunity...