During the GSMA Mobile 360 ° event that took ...
Financial & Payments Technology
Financial Payments Consortium Launches b.yond Financial Innovation Platform
Last week, Visa, along with Global Processing Services, Pannovate, ...
NEC’s Kukita Shinya Explains How Robotics & Artificial Intelligence Are Changing The Way We Work & Live
Finance TnT Executive Editor Loren Moss was able to ...
Amazon AWS Announces Additional Edge Locations, Commitments In CALA Region
Amazon Web Services (AWS) (NASDAQ: AMZN) announced in Bogotá ...
Commercial Banks Increasingly Partnering With Fintech Providers To Improve Customer Experience
More than three-quarters (78%) of US commercial banks are ...
Demystifying Intelligent Automation and Machine Reasoning with Sam Gross
"It used to be said that the meek shall inherit the earth," says Sam Gross. "That is not true any longer. Mathematicians will inherit the earth."
As Automation and Tech Disruption Increase, Companies Must Prepare Now for the Workplace of the Future
Eric Hutto of Unisys: "Today’s digital companies...don’t want VPs, directors, and managers. They want design thinkers, and they want creative people."
Jack Henry & Associates Acquires Account Opening Specialist Bolts Technologies
The company said it made the acquisition in response to the growing demand for fast and easy online account opening services.
OAS Partners with Stakeholders in Colombia, Chile to Strengthen Financial Sector Cybersecurity in Latin America
The Organization of American States (OAS) partnered with both Asobancaria in Colombia and the government of Chile to strengthen cybersecurity.
How Unisys Is Using Micro-Segmentation and Cognitive Technology to Enhance Security and Customer Experience in Banking
The larger security war in the financial services sector ...
Nordea Bank, Barclaycard, PaySend, CashStar Among Winners of First Annual Paytech Awards
To honor the best innovations in the payments industry, ...
LendStreet Inc Closes on $7 Million USD Series A Funding Round
Digital debt restructuring company LendStreet, Inc. has closed a $7 million USD series A equity round and raised $110 million USD in debt financing.
HSBC Completes First Finance Transaction Through Single Blockchain Platform
This transaction was completed in 24 hours whereas "a typical paper-based transaction would take 5-10 days,” said HSBC.
Digital Transformation in Wealth Management Conference Coming to San Francisco in September
The event will look at "scaling robo-advice alongside traditional advice and how artificial intelligence and new digital capabilities can enhance financial planning."
BBVA Compass Makes Larger Push Into Digital Lending Space
"There is a clear demand on the part of consumers for personal loans," said Shayan Khwaja of BBVA Compass.
Lloyd’s of London Taps BCG and L Marks to Bolster Lloyd’s Lab Innovation Center
"We will find the InsurTech leaders of tomorrow and create new solutions that will benefit the Lloyd’s market,” said Stuart Marks, founder of L Marks.
AWS Launches New Blockchain Templates to Streamline Development Process
In an effort to allow more people to develop blockchain-based innovations, Amazon recently launched a new platform of AWS Blockchain Templates.
Confirmed: Amex Paid $13.3 Million USD to Acquire Digital Payments Startup Cake Technologies
In a transaction last year, credit card giant American Express acquired U.K. digital payments startups Cake Technologies, the global financial firm recently confirmed.
Digital Transformation Advances in Colombia as Nation’s Largest Bank Plans to Invest $140 Million USD
Grupo Bancolombia plans to invest some $140 million USD in digital transformation and artificial intelligence initiatives this year.
Experian to Acquire London Fintech Startup ClearScore for $385 Million
In a massive deal, Experian is set to acquire London-based fintech startup ClearScore for $385 million.
Dan Tapscott, Blockchain Experts to Gather in Dallas for Emerging Technologies Summit
The intersections between fintech, blockchain, and AI will be examined at the upcoming Emerging Technologies Summit at the University of Texas.
European Union to Propose New Standards for Blockchain Technology
The EU will propose common standards for blockchain in an effort to create more clarity and encourage fintech innovation.
Lloyds Banking Group to Cut Around 1,000 Jobs and Invest Some £3 Billion on Digital Transformation
Lloyds Banking Group is aiming to “deploy new technology to drive additional operational efficiencies that will make banking simple and easier."
22 Newcomers Enter the Forbes FinTech 50 List in 2018
Alongside established firms, such as Credit Karma and Coinbase, nearly half the list — or 22 firms — are newcomers in 2018.
Bank of Tokyo-Mitsubishi UFJ Adopts Robotic Process Automation Solutions by Kofax
The has opted to implement the robotic process automation solutions, Kofax Kapow and Kofax TotalAgility, to overhaul its legacy infrastructure.
Auxis Is Helping Companies Blend Their Services Strategy and Robotic Process Automation
Companies in all industries and all locations are increasingly ...
Europeans Are Ready for Biometrics and Trust Banks More than Other Firms to Safely Manage Data
51% of consumers trust banks when it comes to managing their private data, the highest rate of any industry.
Interview: Thrive Founder Kunal Sehgal Looks to Make Digital Lending More Efficient
"Advanced automation, AI, and machine learning will help banks provide better services for their customers," says Thrive Inc. founder Kunal Sehgal.
JPMorgan Chase Jumps Deeper into FinTech Game with Acquisition of WePay
WePay will continue to operate as a standalone company and receive additional resources from JPMorgan Chase to continue to grow.
Survey: Two-Thirds of UK Businesses Are Embracing FinTech
The most popular reported use for fintech, with 32% of respondents, has been connecting with online lenders.
RPA Implementation Proves Challenging – But Rewarding – for Insurance Companies
As RPA successes add up for insurers, these early wins may be seen as just the first steps on an industry-altering journey.
DECENT and Venaco Group Join Forces on Blockchain-SAP Integration Platform SophiaTX
“Integrating blockchain with SAP and other business applications is inevitably the next frontier for blockchain,” says SophiaTX head Jaroslav Kacina.
Mobile Wallet Usage Has Nearly Tripled Among U.S. Consumers Since 2014
"What we are seeing is a tipping point regarding adoption," said Mark Ranta, head of digital banking solutions at ACI Worldwide.
France and Sweden Continue to Grow as FinTech Hubs
The U.K. and Germany remain the fintech leaders in Europe, but the growth of two other markets shows that location is less important than ever.
LendingTree Names LeadCrunch, Traaqr, ForeverCar, Outleads, Starbutter as FinTech Award Finalists
"Innovation in lead generation and customer experience is key for businesses in today's ever-changing environment," said Doug Lebda of LendingTree.
Is a Wave of Dealmaking on the Way in Europe’s FinTech Sector?
2018 will mark a new era for action due to a new EU directive — the Revised Payment Services Directive— that will go into effect in January.
Stripe, SoFi, and GreenSky Lead the Forbes List of the Biggest FinTech Firms
Stripe leads the biggest fintech firms list — and with a $9.2 billion USD valuation is worth more than twice as much as second-place finisher SoFi.
Chinese Firms Adopting FinTech with More Urgency than Rest of the World
PwC report: “Traditional institutions are transforming themselves at a pace not seen before with greater urgency than in most other markets."
Visa Teams Up with YellowPepper for Digital Payments in Latin America and the Caribbean
“YellowPepper has the skill set and existing footprint in the region to help us accelerate time to market for our clients," said Allen Cueli of Visa.
PayPal’s Stock Hits Record High After Expansion of Apple Partnership
"PayPal customers will be able to pay for App Store, Apple Music, iTunes and iBooks purchases across iPhone, iPad and iPod Touch devices using their PayPal account," said the company.
Interview: Unisys Rolls Out Its Elevate Omnichannel Platform for Banks
Unisys recently launched its new banking solution Elevate, an onmichannel platform that aims to improve the customer experience.
Apple to Launch Peer-to-Peer Payment Service Pay Cash to Compete with Venmo, Square Cash
"We use Apple Pay in apps, we use it in the web, and there was one final frontier we wanted to conquer," said Craig Federighi of Apple.
Spanish Banks and Other Firms Band Together for Blockchain-Based Tech Platform
“It is a consortium network, collaborative and useful for all," said Álex Puig, head of Spain's new multi-sector tech platform Red Lyra.
Mizuho Financial Group of Japan Will Open New FinTech Venture in June
Though Mizuho will only take up to a 15% stake in the new venture, it believes the endeavor will help it innovate outside of the stuffy culture within the bank.
KPMG Launches Innovation Center in New York and Acquires FinTech Firm Matchi
KPMG's new innovation center in New York aims to help serve clients build better technology-based solutions in disruptive sectors.
Wells Fargo Adds ProxToMe and Uniken to Startup Accelerator Roster
Uniken's CEO says being selected for the Wells Fargo Startup Accelerator program "is a great validation of our innovation in delivering great security.”
Signzy Technologies to Enhance Identify Verification Process by Using IBM’s Watson
"Cognitive computing has the potential to dramatically simplify digital trust processes throughout the financial services industry," said Ankit Ratan of Signzy.
Barclays Opens ‘Rise London’ FinTech Co-working Space
With Rise London, Barclays hopes to create new fintech-based products and services, experiment with emerging technologies, and spot early trends.
Lloyds Banking Group Partners with Microsoft on Biometric Authentication for Account Holders
"Devices will recognize the user rather than having to remember an assortment of letters and numbers that are forgotten or could be guessed," said Lloyds.
Spain’s CaixaBank Named Model Bank of the Year by Celent
The award, handed out annually by Celent, aims to honor the best use of technology in different areas critical to success in banking.