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Tag: fintech


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The Future of Banking: Crypto, Blockchain and Fintech

April 17, 2019

Via: Bank Director

Inscribed in the first block of the first blockchain ever created are the words: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks,” referring to the London newspaper’s lead story of the day. This edition of the newspaper […]


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AR and VR in Fintech: Benefits and Pitfalls

March 15, 2019

Via: Finextra

Are you using VR or AR in banking? Not yet? Looks like you are not trendy! Virtual reality is commonly associated with interactive 3D video games, entertainment and adventures. However, financial specialists found a way to use the full potential […]


Activity, Investment Banking

Fintech investment in US hits record $52.5bn

February 14, 2019

Via: Banking Technology

According to KPMG’s “2018 Pulse of Fintech” report, it was a happy year in the US with VC accounting for more than half of the 1,061 fintech deals. Deals include the massive $17 billion investment in October by Blackstone Group […]


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US challenger bank Newbridge will start spreading the news

January 24, 2019

Via: Banking Technology

Based on Broadway, the start-up will be looking to make a grand entrance and a real show of its ambitions. The bank says it will offer a transaction processing engine integrating businesses and their digital-native customers for banking services. This […]


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Professional cybercriminals put the heat on fintech

December 3, 2018

Via: Banking Technology

In the European Payments Council’s (EPC) “2018 Payment Threats and Fraud Trends Report”, it provides a bleak and very lengthy overview of the most important threats in the payments landscape. There is a lot to mention, but the EPC raised […]


Capital and Risk, Credit

Lenders bet on AI for credit scoring

August 1, 2018

Via: Finextra

Banks have to struggle with a lot of risks – from issuing credit to operational challenges, technological troubles to good old fashion fraud. In addition to the risks of yesteryear, modern banks face falling long-term rates, growing fintech competition and […]


Business Banking, Products

Square no longer angling for US bank charter

July 6, 2018

Via: Banking Technology

Square has withdrawn its application to open a new depository bank in the US, but says it plans to apply later to the Federal Deposit Insurance Corp (FDIC). As reported in September 2017, Square was applying for an industrial loan […]


Business Banking, Products

BNY Mellon and Deutsche Bank launch co-developed chatbot for traders

June 4, 2018

Via: Banking Technology

The jointly developed chatbot-to-chatbot communication solution replaces manual responses to status updates on customers’ securities trades on the messaging platform Symphony. For references, processes that used to previously take up to three minutes for a single trade will now be […]


Business Banking, Products

Five Benefits to Automating the Credit Process

May 29, 2018

Via: Bank Director

Automation is a common buzzword these days in the financial services industry. What does it really mean for your business, and how far can you take automation through your credit origination process? We have compiled the top five benefits of […]


Capital and Risk, Operational

Three Fintech Startups to Watch Next Month

December 26, 2017

Via: Bank Innovation

EXCLUSIVE— Fintech is continuing to grow, as more startups across payments, insurance, blockchain, and other areas carve out niches for themselves in the financial ecosystem. And with more funding and more innovations come more players. Here are three that Bank […]