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Tuesday, June 25, 2019
There’s a fascinating dichotomy in artificial intelligence between statistics and rules, machine learning and expert systems. Newcomers to artificial intelligence (AI) regard machine learning as innately superior to brittle rules-based systems, while the history of this field reveals both rules and probabilistic learning are integral components of AI.This fact is […]
New research released by financial services technology leader FIS™ (NYSE: FIS) reveals that the greatest barrier to UK financial institutions developing digital products, services and operations is regulatory compliance risk. The findings are from FIS’ global Readiness Report, which shows that, by comparison, the biggest barrier to digital innovation for […]
IDEX Biometrics fingerprint identification and authentication solution builder, is collaborating with Tongxin Microelectronics (TMC) to create a biometric card. TMC, a China-based smart card builder, will work with IDEX to build a biometric smart card solution for end-customer implementation. The card will be a dual-interface solution which combines the biometric […]
A study from Mastercard has revealed 85 per cent of consumers in the EU are not aware of PSD2 or have very little knowledge of it. The final deadline of PSD2 is in September and with it will come a range of new financial services for consumers to improve their […]
The International Organization of Securities Commissions (Iosco)’s attempt to harmonize crypto regulation will have no immediate impact, as national regulators are still failing to understand jurisdictional governance, says a lawyer. While the CEO of a crypto exchange says the lack of adoption of current regulation to crypto, has created a […]
ConnectWise deploys business management technology to improve a range of business operations ranging from sales and services through to project tracking and back-office functions. With the integration of ThreatLocker, the clients that use managed IT service providers will be able to access new solutions such as application whitelisting, ringfencing and […]
The UK Government is to set up a ‘Joint Authorities Cash Strategy Group’ to ensure continued access to notes and coins as the country drifts towards a digital economy. The ongoing removal of bank branches and ATMs from Britain’s high streets has led to a rowdy debate about the consequences […]
EBO.ai, which develops AI solutions for customer interactions, has launched its new GDPR-focused virtual assistant ‘Oliver’. The goal of this solution is to boost the public’s understanding of the ins and outs of GDPR by making knowledge more accessible. Oliver can answer complex questions 24/7 and empowers users to […]
(NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that a payment scheme in the Middle East and a universal bank in Iceland have chosen Fiserv technology to streamline anti-money laundering (AML) processes and effectively manage fraud risk. Mercury Payment Services and Arion Bank were seeking a provider with proven expertise and join more than […]
A recent report from the World Economic Forum highlighted why financial services should welcome what has been dubbed the “fourth industrial revolution” after the impact it has had on a range of sectors such as healthcare, retail and agriculture. With the development of digital technology, automation and personalization have been […]
