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Tag Archives: Blockchain

Creating a centralized blockchain platform for compliance

Blockchain technology has been a polarizing technology, but many are now coming to understand how it can be used to improve the know-your-customer (KYC) and anti-money laundering (AML) efforts of financial institutions. Specifically, blockchain technology offers the potential to solve existing inefficiencies, particularly those related to data asymmetries between financial …

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BFC FinTech Monitor 13th-20th February

Stay up-to-date on all the all the latest FinTech news and information from around the world in the BFC FinTech Monitor and in the telegram channel FinTech Wave.   Around the World: Analysts with Juniper Research predict that the volume of contactless payments will triple within just 4 years’ time. …

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What customers want and expect in banking in 2020

Technology has changed the way we do business in every sector, and banking is no exception. Banking 2020 will be about living up to customers’ expectations without sacrificing the safety and security they need in the institutions they trust with their future. These heightened expectations have defined a number of …

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10 artificial intelligence trends for 2020

There has been an exponential uptick in the number of platforms, applications and tools based on machine learning and artificial intelligence (AI) technologies in recent years. Here are 10 AI trends expected to dominate in 2020. Blockchain, internet of things and AI convergence – for AI to make a positive …

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Top 7 InsurTech trends paving the way towards insurance 2.0

2019 was an exciting year for the insurance industry, with technological advancements providing fundamental changes to nearly every aspect of the business. Given that the only way insurers can remain relevant amidst such disruption is to stay ahead of the curve and adopt the technologies of tomorrow, now is a …

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Top 10 digital transformation trends shaping 2020

Digital transformation continues to be a gamechanger in many industries around the world, including the financial industry. Given its importance in shaping our future, it is worth taking a quick look at 10 of the most significant digital trends expected to define 2020: Consumer experience connections – the consumer experience …

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How technology can help grow Kazakhstan’s insurance market

Insurance markets are changing all over the world thanks to digital innovations. This includes: changes to calculation models, increased competition (due to the rise of insurance platforms), a rise in the use of online data analysis, actuary skill development and new car insurance models. Although suffering from a number of …

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The state of FinTechs in Ukraine

FinTech is a booming industry in Ukraine, with more than 100 such companies operating in the country today (58% of which were founded in the last 3 years). Because of the relative youth of the sector in Ukraine, most are now either just starting sales (24%) or working to scale …

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Infographic: Top 10 digital transformation trends For 2020

The digital transformation trends of 2020 are defined by a fresh new class of technologies, including 5G, artificial intelligence and advanced data analytics. This infographic explores the top 10 digital transformation trends expected to have the most significant impact in 2020. The drive for omnichannel banking BFC FinTech Monitor 22nd …

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Video: Top 10 strategic technology trends for 2020

Each year, different technology trends drive disruption and create opportunities for growth and development. Here’s a look at 10 of the top strategic technology trends for 2020 from our friends at Gartner. Infographic: the rise of WealthTech How artificial intelligence is changing the employer-candidate relationship 8 steps to ensure a …

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Video: Top FinTech trends for 2020

The advancement of technology has been a consistent driver of business development, and 2020 will be no different. Here’s a quick look at the top FinTech trends for the coming year. 5 major uses for biometrics in the banking industry The importance of data science skills in HR Economic Development …

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10 data science considerations for financial institutions

Advanced data science promises numerous benefits to financial institutions in a wide variety of areas, including marketing, sales, operations, consumer intelligence, portfolio management, risk and compliance. Here are 10 significant areas of concern that financial institutions should consider as they evaluate their technology priorities: Artificial intelligence (AI) – AI can …

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5 ecosystem and B2B solutions for FinTech startups in Southeast Asia

The platform-based business model has taken hold in the digital economy, and the concept is quickly spreading to banking and financial services. This has resulted in companies springing up to offer extensive ecosystems and business-to-business (B2B) solutions. Here are five of the most popular in Southeast Asia: Ancileo – this …

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Video: what to look for in FinTechs

FinTechs are leading the charge in using advancements in technology to fundamentally change the landscapes of e-commerce, payment networks, online lending, money transfers, business-to-business (B2B) payments, personal finance and banking. Gain some insight into what is likely to drive a FinTech toward success and make is a smart investment choice. …

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Where to get blockchain educated

Blockchain is becoming one of the most explored technologies around the world, including by financial institutions and governments. Moreover, there is a shortage of blockchain specialists globally, placing a premium on blockchain educational opportunities. Here are the best blockchain educational opportunities: MIT (United States) offers a course called Design and …

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Lack of available talent amid boom of interest in blockchain

Recent interest in blockchain has led to an explosion of blockchain vacancies. But this boom can make it difficult to attract qualified talent. This problem is only exacerbated by the fact that many companies seeking talent with blockchain capabilities are startups with uncertain futures. In order to attract qualified talent, …

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The biggest tech buzzwords in HR

It’s a well-known fact that technology changes everything, even with human resources (HR) functions. At the same time, there are a number of myths and misconceptions out there. Here is a quick look at a few of the big buzzwords in HR-related technology and some clarification of each:        Big Data– …

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Tokenized student economy to transform global educational market

Spitball, a global online student marketplace with over 500,000 registered users, has launched Spitball 2.0 (a token-driven blockchain economy that will transform a USD 150+ billion centralized e-learning industry into a decentralized ecosystem), creating a much fairer deal for students. By leveraging the existing Spitball platform as well as more …

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USAVE Blockchain, BluPoint to launch African educational campaign

USAVE Blockchain has announced that it will be supporting offline internet solution provider BluPoint as part of an effort to increase access to education and information across African mining communities. Specifically, USAVE Blockchain plans to allocate 1% of funds raised from its upcoming initial coin offering (ICO) to BluPoint. In …

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