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 …
Read More »How one cybersecurity firm hit a value of USD 1.25 billion
Darktrace, a cybersecurity company that provides a network “immune system” powered by artificial intelligence, has hit a value of USD 1.25 billion following a recent round of financing. The company …
Read More »30+ companies ready to sign “digital Geneva convention”
More than 30 technology companies, including Facebook and Microsoft, are planning to announce their refusal to take part in possible cyberattacks organized by any government. This includes attacks against citizens, …
Read More »The 2018 Global Fraud and Identity Report
Just how well-equipped are businesses at recognizing their customers’ identities online? What types of investments are they making in customer recognition? And to what degree are they able to accurately …
Read More »NetGuardians brings its cybersecurity to Zimbabwe
NetGuardians, a Swiss cybersecurity specialist, is bringing its fraud fighting solutions to Zimbabwe’s Steward Bank (formerly TN Bank). Steward Bank will integrate NetGuardians’ platform with its core banking system, meaning …
Read More »Addressing cybersecurity in financial institution-FinTech partnerships
Partnerships between financial institutions and FinTechs must go beyond the customer value proposition and provide embedded cybersecurity at all stages of the customer journey. Open APIs present an incredible opportunity …
Read More »Low uptake of email authentication by financial institutions
The Global Cyber Alliance (GCA), a cybersecurity nonprofit, has announced that only 11 of the top 50 U.S. financial institutions and 9 of the top 50 European financial institutions are …
Read More »Sberbank names unsafe regions for using bank cards
Sberbank has determined that countries in the Asia-Pacific region and the Americas are the most common locations where Russian consumers are falling prey to fraudsters using tactics to get their …
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