Tag Archives: Data

So far this year, Hong Kong’s Monetary Authority (HKMA) has issued virtual banking licenses 8 different groups, including BigTechs, as part of an initiative to promote financial innovation, enhance consumer …

Competition in the Asia-Pacific region is intensifying between established financial institutions and the technology and e-commerce disruptors that threaten to carve up the payment solutions market. According to a report …

BIS economic adviser and head of research Hyun Song Shin discusses the entry of bigtech companies into the financial services industry and the new challenges this poses for financial regulators, …

Europe’s Second Payment Services Directive (PSD2) is reshaping the banking sector. At the same time, the introduction of the General Data Protection Regulation (GDPR) has had a huge impact on …

Beyond Banking is a business model in which consumers receive a package of services through an ecosystem of various providers. It works by taking advantage of open APIs to quickly …

Reservations about data security pose the biggest challenge when it comes to increasing consumer confidence in open banking, with 86% of respondents to a recent Forrester Consulting (on behalf of …

In the past, financial institutions prized a well-established brand as the ultimate goal for attracting consumers and maintaining consumer loyalty. In the digital and open banking age, however, consumers are …

While open banking represents a step forward for financial institutions, data and customer identity must remain the highest priority. In fact, the European Banking Authority (EBA) recently released new guidelines …

Employers are increasingly turning to data analytics to improve their recruiting and other human resources (HR) processes as they compete to attract and retain the most talented people. Specifically, employers …

Data science has become important in helping organizations identify trends and, ultimately, drive strategies that will impact the bottom line. Here are 4 reasons why data science skills are important …

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 …

The banking sector is becoming both more strategically focused and technologically advanced in order to respond to consumer expectations and try to defend their market shares. As such, the importance …

Payments are a trending topic in the FinTech world. Here are 18 predictions for what’s in store for payments in 2019: APIs– every board room is discussing APIs, but the …

Global investments in FinTech have more than tripled since 2014, amounting to over USD 12 billion. Given this incredible growth, here’s a look at 10 key FinTech trends to keep …

At the Singapore FinTech Festival in 2018, eight experts gave their predictions for FinTech in 2019. Navigating the open waters of data Brexit’s impact on FinTech in the UK and …

It is a well-established fact that the flexibility and creativity of startups place them at the forefront of innovation. And such innovation is center stage when it comes to delivering …

Dresner Advisory Services examined business interest in the internet of things (IoT) as part of its 2018 IoT Intelligence Market Study. The Study also examined key related technologies such as …

The internet of things (IoT) has been one of the biggest trends in recent years and promises to continue growing for the foreseeable future. While the benefits of IoT are …

The internet of things (IoT) has brought the financial sector to the forefront of digital transformation. Even the CEOs of both JP Morgan and Goldman Sachs have described their organizations …

The internet of things (IoT) is changing how we interact with the world around us. This video highlights how IoT has allowed analytics to be applied to massive amounts of …