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...
Top 10 FinTech trends that could influence the banking industry in 2018
By : Sundar Sundararajan
As the Indian FinTech space grows to reach an expected $2.4 billion by 2020, 2018 will be a critical year in that journey. Customers are increasingly open to banking innovations driven...
Asian consumers embrace digital banking: McKinsey
CONSUMERS across Asia have embraced digital technologies, making steady and growing use of the internet, social media, and e-commerce platforms.
Smartphones — the device of choice — alone generate around 65% of all internet traffic....
Iran’s Central Bank to “tokenize” online banking transactions
Source: Xinhua
The Central Bank of Iran (CBI) planned to "tokenize" the online banking transactions, Financial Tribune reported on Saturday.
CBI is focused on creating new models of payment involving mobile phones and boost the security of existing...
Tech-led reform should be keeping the Big Four bank bosses awake at night
by Manesh Tailor
Australia's big four banks are under increasing scrutiny from regulators and customers, and risk falling behind some of their global peers in the innovation stakes if they don't act fast.
Roy Morgan research from...
Workshop on Industry – Academe research partnerships to enable the human – technology...
The International Society of Service Innovation Professionals, ISSIP (pronounced iZip), a professional association co-founded by IBM, Cisco, HP and several Universities with a mission to promote Service Innovation for our interconnected world, and the National Science Foundation...
Digital cash to dominate India’s payment landscape by 2022
IDC Financial Insights predicts that by 2018, markets around the world will launch a national mobile payment scheme for POS, ecommerce, and ATM transactions.
India is predicted to be on this path, taking major steps to...
Consumers adopting digital rapidly but satisfaction remains low: Mckinsey
By Joel Rebello
Indian consumers have leaped higher than their emerging Asian counterparts in adoption of digital banking services in the last four years, however, customer satisfaction for digital banking still remains lower than brick and mortar services, a...
