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Snapshot of biometrics across the world
Biometric identification has finally advanced to the point where it is starting to radically change the way we interact with the world, making life more convenient for users and helping …
Read More »A brave new world of biometrics
The use of biometric solutions is becoming increasingly popular with retailers, financial institutions and consumers due to the convenience and security they offer. Given the biometric world that appears to …
Read More »5 key takeaways from Money20/20
Money20/20 was held earlier this year in Las Vegas. Here are 5 key takeaways from the event: The distinguishing lines between merchants and FinTechs continue to blur – Uber created …
Read More »What China can teach the world about digital transformation
By the end of this year, China will boast 55.8% of global online retail sales, a figure predicted to rise to 63.0% by 2022. China’s emergence as a dominant digital …
Read More »Video: Big Data challenges and opportunities
Sui-Jon Ho discusses how data is being used in financial institutions and why Big Data is presenting them with unique challenges and, more importantly, opportunities. How AI Is Disrupting …
Read More »3 Big Data trends in finance
Global investments in Big Data and business analytics is projected to grow from USD 130.1 billion in 2016 to over USD 203 billion in 2020. Here are 3 of the …
Read More »How to survive a data breach crisis: the Monzo case study
Monzo, a disruptive neo-bank working to expand into the U.S., recently experienced a hiccup in its data security that resulting in nearly 500,000 U.K. account holders being urged to change …
Read More »Banco Santander launches data science apprenticeship program
Banco Santander in the UK is offering a first-of-its-kind data science apprenticeship to non-graduates. The program, being operated in conjunction with WhiteHat, will allow the bank to build a pipeline …
Read More »Shocking amount of unstructured and unused data in the U.K.
According to research conducted by Crown Records Management, as many as 59% of data across U.K. organizations is unstructured. Moreover, 40% of it is dark (unused). This is not surprising …
Read More »6 ways financial institutions in Singapore are using Big Data
Singaporean financial institutions have been at the forefront of taking advantage of Big Data with innovative initiatives that have resulted in positive results for both operational efficiency and customer satisfaction. …
Read More »Equifax and Urjanet join forces to unlock alternative credit data potential
Equifax Inc. and Urjanet are partnering to give more power to consumers and businesses to use their payment data from utility, telecom and cable providers to give a more complete …
Read More »HSBC opens data innovation labs in London and Toronto
HSBC has opened two data and innovation labs, one in London and the other in Toronto. The labs will engage in activities aimed at improving HSBC’s products and services through …
Read More »Balancing data privacy rights
Data is quickly becoming a point of contention between companies working to collect, process and secure it and governments seeking to force companies to provide them the data they possess. …
Read More »European Commission launches antitrust investigation against Amazon
The European Commission has launched an antitrust investigation against Amazon that could result in USD 23 billion in fines. The investigation stems from the fact that Amazon is itself a …
Read More »Alternative investment startups allow users to buy shares of rare items
A relatively new concept in making investments is allowing investors to buy shares of rare cars and other rare items. For example, New York-based company Rally Rd. offers users the …
Read More »Startup Cleo moves beyond simple banking application to financial advisor
A seemingly infinite number of startups and simple banking applications offer users the ability to easily track and view their spending habits. But English startup Cleo is taking this a …
Read More »6 startups that will reshape wealth management
FinTech startups are reshaping the financial world, including wealth and asset management. Here are 6 WealthTech startups that are promising to change the way we manage our wealth: Cred – …
Read More »Startup helps users retire with peace of mind about their finances
FinTech startup Kindur is helping put retirees at ease by helping them manage their retirement funds and ensuring they have enough money for the rest of their lives. Launched in …
Read More »Revolut launches stock trading platform
British FinTech firm Revolut is jumping into the online brokerage space with its own commission-free stock trading platform, which is being run in partnership with U.S. broker DriveWealth. The company …
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