Tech and Gadget Digital transformation is crucial for banks to remain competitive amid the fintech buzz | Tech… Nov 2, 2018 Today’s most attractive customers no longer consider the bank branch as their first point of contact Since the global financial crisis in 2008,…
Artificial intelligence Synchrony banks on AI in digital transformation | Artificial intelligence Oct 29, 2018 Financial service customers expect full and instant access to all of their credit information in their moment of need from any computing device.…
Computing Most Central Banks Back Digital Currency If DLT Improved: IBM Survey | Crypto Oct 28, 2018 A new IBM research report finds most polled central banks believe they should issue a wholesale central bank digital currency (CBDC), although they…
Risk Management 3 Things Banks Can Do to Tackle Push Payment Fraud | Risk Management Oct 11, 2018 In August, the UK’s Financial Ombudsman joined the debate on authorised push payment fraud. They argue that banks are not taking enough responsibility…
Tech and Gadget SWIFT teams up with banks to bring cross-border payments service to Malaysia | Digital Asia Sep 25, 2018 Teams up with Maybank, Hong Leong Bank, CIMB Bank, Bank Islam, and Bank Rakyat Offers the secure delivery of high-speed cross-border payments that…
Computing Major Russian Banks Highly Interested in ‘Working With Crypto,’ Local Sources Say | Crypto Sep 21, 2018 Several large Russian banks have expressed their strong interest in working with the industry of cryptocurrency and blockchain during a closed-door…
Computing Commodity Traders, Major Banks Back New Blockchain Platform | Crypto Sep 20, 2018 A group of commodity traders and financial institutions have unveiled a new blockchain venture. The banks involved in the new platform, dubbed…
Social Media Facebook asks U.S. banks to share financial information, banks cite privacy concerns: report |… Sep 3, 2018 Facebook is in talks with American banks to add customers’ financial information to its Messenger platform, including transactions and chequing…
Cyber Security Fiserv Flaw Exposed Customer Data at Hundreds of Banks | Cyber Security Aug 29, 2018 Fiserv, Inc., a major provider of technology services to financial institutions, just fixed a glaring weakness in its Web platform that exposed…
Computing As Central Banks Go Digital, Crypto Competition Looms | Crypto Aug 28, 2018 Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The…