Recently, Accenture surveyed more than 650 businesses as well as 100 global banks to get their take on open banking for the corporate sector. The survey found that 77% of …
Read More »First-ever open banking service to help people get out of debt
AccountScore, together with The Insolvency Panel, has announced the launch of the first ever open banking service designed to help people get out of debt. The service auto-populates consumer income …
Read More »New platform makes financial products easier
A new platform called Goodfin now serves as a single access point for consumers looking for financial service providers such as banks and microfinance institutions (MFIs). Goodfin differs from similar …
Read More »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 …
Read More »Universities worldwide facing increased cryptocurrency and blockchain demand
According to a recent study, well-known universities around the world are facing an increased demand from students for courses and information on cryptocurrencies and blockchain. In response, universities have started …
Read More »LendingClub’s fall from rock star status
Not long ago, LendingClub was the brightest star in the rapidly-growing world of online lending. With shares having dropped two thirds in two months, the company now has investors nervous. …
Read More »FinTech vs. regulations: can they learn to better coexist?
FinTech startups continually create new, innovative solutions to modern financial issues, taking advantage of technology advances to make lives easier and business processes better. However, they are often at odds …
Read More »8 infographics showing the future of the global economy
The global economy can sometimes be hard to understand due to the sheer size of it and the complexities that drive it. Take a look at these eight infographics that …
Read More »2019 to be a big year in FinTech
FinTech has taken center stage in the financial world. In 2019, it is expected to become even more prominent in a number of ways: RegTech – compliance, complexity, cost and …
Read More »2019 looks for be yet another lights-out year for FinTechs
2018 was a strong year for FinTechs, with the market cap of the Matrix FinTech Index growing 50 percentage points and far outpacing incumbent financial service giants and the S&P …
Read More »Why financial institution-FinTech partnerships will disappoint in 2019
The banking industry is at the dawn of a great new era of FinTech partnerships that is expected to change banking as we know it. Despite this, many financial institutions …
Read More »How events from 2018 will impact FinTech in 2019
A lot happened in 2018 – everything from Facebook’s Cambridge Analytica scandal and the net neutrality debate to cryptocurrency’s volatility and Brexit negotiations. Many of these events will impact FinTech …
Read More »The biggest investors and beneficiaries of FinTech funding trends
Financial institution-FinTech funding trends have revealed that European financial institutions are the most active, both in terms of volume (53%) and value (47%), in working with and providing funding to …
Read More »The rise of biometric bank cards
Biometric bank cards are quickly emerging as a possible new reality that could make their way to markets soon. The cards, which look and act much like traditional bank cards, …
Read More »Asian financial market benefits greatly from IoT
The internet of things (IoT) is transforming financial markets around the world, and Asian banks and insurers are benefitting greatly. According to a study by market research firm ReportsnReports, the …
Read More »Standard Charted and Huawei team up to create IoT banking solutions
Standard Chartered has joined forces with Huawei to create an IoT-powered solution that could completely transform the way corporate companies communicate with banks. The solution allows corporate firms and banks …
Read More »Taking the internet out of IoT
SoftBank has completed the first-ever connection test in a commercial environment for non-IP data delivery (NIDD). NIDD allows users to transmit data to internet of things (IoT) devices without allocating …
Read More »New international standard for IoT products in development
New connected devices arrive on the market almost daily, and privacy and security issues arising from the use of digital products and services regularly feature in the news. Because of …
Read More »FinTech cybersecurity consortium created
Over the past few years, financial institutions have worked to strengthen their ties with young tech-savvy startups that aim to revamp the way financial services are created and consumed. This …
Read More »FinTech’s impact on cyber response and recovery
Large-scale cyberattacks on critical financial infrastructure are a major threat to the safety and stability of the global economy. Recently, a panel discussion at DTCC’s 2018 FinTech Symposium brought together …
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