Canadian banks hire ‘ethical hackers’ to improve and test cybersecurity
Hackers are targeting Toronto-Dominion Bank's internal systems at all hours using cutting-edge techniques, but the bank's head of cybersecurity isn't losing sleep over them — they work for him, after all.
The bank established late...
New banking solution for Fintechs enters european market
Blocks
Bankingblocks offers a range of modular banking services, called “blocks”, which are accessible via a direct API connection and through full or partial white-labels. Fintechs, payment companies and corporate clients can pick, choose,...
AI, Robotics and Data Analytics Makes the Banking Industry Ripe for Change
by Karen Kesner
Artificial intelligence, robotics and big data are often talked about with reference to futuristic dystopian visions, but their near-term usefulness can be clearly seen in the banking sector. Banks are already preparing to take advantage...
Paris Fintech Forum & Swave Incubator exagens Takes France by Storm
Montreal, January 24, 2019 – Exagens today announces it has been selected as a finalist at Paris Fintech Forum later this month, the most exclusive Fintech event in Europe. This caps a busy year...
Black Markets, Fraud, and Money Laundering: How Much Are Cryptocurrencies Used For Crime?
BY DANICA SERGISON
At the FinTech Canada conference this August, leading cryptocurrency trial attorney Brian Klein gave an excellent overview of how cryptocurrencies have been used for illegal purposes and what law enforcement officials are doing to crack down on it.
Known for...
Exclusive: Inside Finland’s digital revolution
By Chia Jie Lin
In a government office in Finland, 28 employees are working alongside 18 robots to trial a new way of working.
Finland is one of the world’s most advanced govtech nations, ranking sixth in the 2018...
Technology cuts due diligence to less than 3 months for two thirds of EMEA...
January 22, 2019 – London – Merrill Corporation, the premier technology provider for M&A professionals around the world, today announced that technology has cut the time required for the due diligence process for 64% of EMEA-based...
Blockchain Beyond Finance: A look at the technology’s implementation in rewards and loyalty programs
Blockchain technology, which is being tested across multiple industries, has the potential to significantly transform customer loyalty programs.
Businesses around the world offer customer loyalty programs to reward customers who make frequent purchases and encourage...
BigTech is coming for the financial sector, and banks are starting to feel the...
Until now that is. Rumors of Amazon expanding into financial services have been circulating for a while now, and at last Amazon-branded credit cards have hit the markets last month, with checking accounts, and possibly a mutual fund,...
How AI Will Challenge Small Banks to Innovate
Artificial intelligence promises to change customer relationships with banks. As more customers bring devices such as Amazon’s Alexa and Google Home into their residences, forward-looking banks can offer automated services to help users perform tasks such as requesting an...
