We always say that technology can transform businesses, but at the same time we need to implement fundamental changes in mindset. In other words, if we want to work with technology without exposing ourselves to great risks, we must create a corporate awareness that security is essential. Simply because there are hackers who every year invest colossal resources in having better tools to steal data.
Financial & Payments Technology
Praveen Sengar offers his reflections on what made the difference during the last seven months, particularly testing his firm ETEK to the extreme in the last few weeks.
A new survey released by the World Economic Forum ...
ServiceNow expands partnerships with Deloitte and Accenture to address industry–specific digital transformation challenges
The latest and greatest advancements in AI, customer experience, employee engagement, and meeting rooms will be at Enterprise Connect 2020. Use code FINCOL for a $200 discount!
Unisys Corporation (NYSE: UIS) today announced that Bancolombia (NYSE: ...
OAS Member States Use Big Data, Artificial Intelligence and Analytics To Combat Corruption & Inform Citizens
Prior to the OAS General Assembly held last month ...
Information and Communication Technologies (ICTs) are a major tool ...
Payment technology firms, HST and YellowPepper announced today that ...
During the GSMA Mobile 360 ° event that took ...
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 ...
Unisys Corporation (NYSE: UIS) Chairman and CEO Peter Altabef will participate in a ...
Amazon Web Services (AWS) (NASDAQ: AMZN) announced in Bogotá ...
More than three-quarters (78%) of US commercial banks are ...
"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."
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 ...
To honor the best innovations in the payments industry, ...
Digital debt restructuring company LendStreet, Inc. has closed a $7 million USD series A equity round and raised $110 million USD in debt financing.
Called the JR10 Token, the footballer and SelfSell will begin the public sale on July 12 during the World Cup.
This transaction was completed in 24 hours whereas "a typical paper-based transaction would take 5-10 days,” said HSBC.
The event will look at "scaling robo-advice alongside traditional advice and how artificial intelligence and new digital capabilities can enhance financial planning."
"There is a clear demand on the part of consumers for personal loans," said Shayan Khwaja of BBVA Compass.
"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.
In an effort to allow more people to develop blockchain-based innovations, Amazon recently launched a new platform of AWS Blockchain Templates.
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.
In a massive deal, Experian is set to acquire London-based fintech startup ClearScore for $385 million.
The intersections between fintech, blockchain, and AI will be examined at the upcoming Emerging Technologies Summit at the University of Texas.
The EU will propose common standards for blockchain in an effort to create more clarity and encourage fintech innovation.
Lloyds Banking Group is aiming to “deploy new technology to drive additional operational efficiencies that will make banking simple and easier."
Alongside established firms, such as Credit Karma and Coinbase, nearly half the list — or 22 firms — are newcomers in 2018.
The has opted to implement the robotic process automation solutions, Kofax Kapow and Kofax TotalAgility, to overhaul its legacy infrastructure.
Companies in all industries and all locations are increasingly ...
51% of consumers trust banks when it comes to managing their private data, the highest rate of any industry.
"Advanced automation, AI, and machine learning will help banks provide better services for their customers," says Thrive Inc. founder Kunal Sehgal.
WePay will continue to operate as a standalone company and receive additional resources from JPMorgan Chase to continue to grow.
The most popular reported use for fintech, with 32% of respondents, has been connecting with online lenders.
As RPA successes add up for insurers, these early wins may be seen as just the first steps on an industry-altering journey.
“Integrating blockchain with SAP and other business applications is inevitably the next frontier for blockchain,” says SophiaTX head Jaroslav Kacina.
"What we are seeing is a tipping point regarding adoption," said Mark Ranta, head of digital banking solutions at ACI Worldwide.
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.
"Innovation in lead generation and customer experience is key for businesses in today's ever-changing environment," said Doug Lebda of LendingTree.
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 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.
PwC report: “Traditional institutions are transforming themselves at a pace not seen before with greater urgency than in most other markets."
“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.