Weekly news
How artificial intelligence is fighting financial crime
By Soumik Roy
WITH cross-border communications soaring and digital transactions becoming more rampant, fighting money laundering has become more complicated than it previously was.
As a result, financial institutions are experimenting with all kinds of technology to...
Smartlands Kicks Off STO – Announces Public Sale of Shares in Nottingham Student Accommodation...
Smartlands – the first Stellar-based Platform for crowdfunding investments through the issuance of security tokens – announces its first Security Token Offering (STO), a public sale of shares in a student accommodation complex in Nottingham, UK....
CapitalBay to launch P2P Financing Platform that Provides Supply Chain Financing to Businesses
CapitalBay Receives Approval to Operate P2P Financing Platform
KUALA LUMPUR, 17 May - CapitalBay, an award-winning Malaysian multi-bank supply chain finance platform has received the approval from the Securities Commission Malaysia (SC) to operate...
Big banks can handle fintech competition
By Sarah Simpkins
Moody’s Investors Service has observed that the larger banks are investing in their own technology, as well as collaborating with and backing fintechs, to gain new capabilities.
The report noted the incumbent banks’...
How the financial industry is affected by AI and ML
Five banking areas have been disrupted by AI.
Chatbots improve the customer experience.
AI can detect fraud before it happens.
AI can predict stock market performance.
How Data Analytics Backed By AI And ML...
Top Banks ‘Investing $50 Million’ to Build Blockchain Settlement System
Yogita Khatri
Some of the world’s biggest banks are said to be investing around $50 million to build a blockchain-based digital cash settlement system.
A Reuters report on Friday, citing “people familiar with the plans,” said possibly a...
On the path to Innovation and Digital Future
With a vision to be “the most admired Bank” which is digitally-enabled with a sharp focus on micro, medium and mid-market enterprises’, Federal Bank’s digital transformation strategy is designed to achieve the twin objectives...
73% de los consumidores en México compara precios en internet para comprar en una...
Por Susana Galeano
El eCommerce sigue en pleno crecimiento en el país, pero también los consumidores en México utilizan internet para otras actividades relacionadas con sus compras, como es el comparar pecios antes de adquirir productos.
Este hecho ha...
Insurtech Connect y LAIF premian a la insurtech más innovadora de América Latina
InsureTech Connect (ITC) y el Fondo Latin America Insurance Fund (LAIF) se enorgullecen de anunciar el lanzamiento del Premio ITC-LAIF, un prestigioso reconocimiento para las empresas de insurtech más innovadoras de América Latina.
"El...
FinTech se expande en México, Brasil y Colombia
Oswaldo Barajas
El sector FinTech ha apalancado su expansión en países de América Latina, y con esto ha demostrado que los mercados latinos han comenzado a digitalizar sus formas de pago, yendo del modelo tradicional...
Open banking generates cybersecurity risks
Banks will have to rethink their API and security perimeters
More than 40 central banks are testing blockchain technology
At least for now central banks are quietly looking into blockchain tools.
Banks need to increase ATM security
It is essential for banks to keep the integrity of their ATM security one step ahead,
Exclusive: Fintech companies are revolutionizing the adoption of already existing technologies
Fintech News ask Joao del Valle about fintech companies in Latin America, cybersecurity in the region, and others super interesting topics.
How is fintech doing in Latin America?
Everywhere in the world, fintech companies are revolutionizing the way...
How artificial intelligence is changing the face of banking in India
By Sameer Dhanrajani
Artificial intelligence (AI) will empower banking organisations to completely redefine how they operate, establish innovative products and services, and most importantly impact customer experience interventions. In this second machine age, banks will find themselves...
iExec Releases Data Wallet for Enterprises to Rent Data and AI Models Using Blockchain
Lyon, May 2019: iExec has released its V3, which introduces a new Data Wallet feature that makes secure data renting possible. With this major upgrade, iExec’s decentralized cloud marketplace became faster, more secure and flexible. For...