new technology

ESMA’s new responsibilities for 2020
announcement business Compliance data strategy finance global markets new technology

ESMA’s new responsibilities for 2020

The European Securities and Markets Authority (ESMA) has revealed an increased focus on supervisory convergence in 2020. Outlined in its new ‘Strategic Orientation for 2020-22’, the regulator has revealed the new responsibilities and powers it will have over the next couple of years following the ESA Review and EMIR 2.2. […]

Welcome to the Google Bank – Your Everyday Banking from Google, NOT a Bank.
banking platform business development Emerging Technology finance financial services financial services industry innovative solutions investment new technology Start Ups

Welcome to the Google Bank – Your Everyday Banking from Google, NOT a Bank.

Google is the latest tech company trying to get a stronger footprint into financial services. The project is codenamed Cache, and the Alphabet subsidiary is expected to launch a checking account sometime next year. The accounts will be managed by Citibank, and a small credit union at Stanford University. According to Google, Citibank will handle the […]

The 7 Biggest Technology Trends To Disrupt Banking & Financial Services In 2020
Digital transformation Emerging Technology finance financial services infrastructure software Innovation innovative solutions investment new applications new technology regulated investment

The 7 Biggest Technology Trends To Disrupt Banking & Financial Services In 2020

Even though banking and financial services have been slower than other industries to adopt the latest technology into their operations, financial organizations are trying to catch up by incorporating artificial intelligence, blockchain, and other technology to benefit their customers, remain competitive and improve business results. Here are the 7 biggest […]

Kaspersky Eyes to Tackle Crypto Crimes That Are Costing the Industry Billions
cybersecurity data protection digital approach digital bank Digital ID Digital transformation Emerging Technology finance financial services global markets Identity Fraud new technology News

Kaspersky Eyes to Tackle Crypto Crimes That Are Costing the Industry Billions

With the total market capitalization of cryptocurrencies estimated to be more than US$200 billion, it’s evident to industry observers that the crypto industry has been rapidly on the rise in recent times. Inevitably, with the rise, comes bad actors who see it as an opportunity profit from it in unscrupulous […]

The Bank of Google
banking platform digital approach digital bank digital currency Digital ID finance Fintech Innovation new applications new technology News

The Bank of Google

In 1994, Bill Gates said: “We need banking, but we don’t need banks anymore.” So why hasn’t Bill Gates opened a bank? Well, because technology giants don’t really want to be banks. Banking has a lot of the audit and compliance overhead, that tech giants don’t need or want. Big […]

HSBC claims hyper-personalised banking will be driven by digital ID
banking platform biometric Capital market data protection Digital ID Digital transformation Emerging Technology finance innovative solutions new technology

HSBC claims hyper-personalised banking will be driven by digital ID

A new report from HSBC reveals that the traditional products-based approach in retail banking will be replaced by hyper-personalised services, where customer personal data will be collated to form a central digital ID. ‘Banking of the Future: Finance in the Digital Age’ explores how banks will act as trusted brokers […]

Retailers can’t get enough data scientists
business development data analytics digital approach finance Innovation new technology News strategy

Retailers can’t get enough data scientists

As the retail apocalypse continues – with an estimated 8,600 closing their doors in 2019 – other retail survivors are upping their game with hard-to-find data scientists Retailers are on the hunt for data scientists, now more than ever. Given the rise in online shopping and the cut-throat competition from […]

BNY Mellon to add ETFs to agency lending collateral list
banking platform business business development financial services new technology Security

BNY Mellon to add ETFs to agency lending collateral list

BNY Mellon is set to add exchange-traded funds (ETFs) to its collateral list by the end of the year in response to client demands for greater flexibility when collateralizing securities lending transactions. In a report for institutional customers in the US and the Asia Pacific published last week, Simon Tomlinson, […]

New Zealand just became the first country to legalize salary payments in cryptocurrencies
Cryptocurrency digital approach digital currency finance financial services global markets Innovation new applications new technology News

New Zealand just became the first country to legalize salary payments in cryptocurrencies

New Zealand now legally allow companies to pay salaries in cryptocurrency starting September 1, becoming the first nation to do so, according to a Financial Times report. The country requires the preferred cryptocurrency to be pegged to a standard currency and directly convertible into a normal form of payment. This […]