technology

50% of Hong Kong consumers happy to share financial data with 3rd-parties
banking platform financial crime financial research Fintech Identity Fraud Identity Verification Market Data Risk Managament technology

50% of Hong Kong consumers happy to share financial data with 3rd-parties

Half of consumers in Hong Kong are happy to let third-parties access their financial data so they can access more personalised banking services and higher returns, according to a study from Accenture. Accenture, a financial solution developer, conducted an online survey of 2,010 Hong Kong consumers late last year, with […]

Global Business Handshake
AI Emerging Technology finance law technology

New contract battleground for AI in law

Managing mountains of contracts held by in-house legal departments is emerging as the next big battleground for artificial intelligence in law. Cambridge-based start-up Luminance has revealed a move into the corporate market by announcing that financial services company Think Money Group had adopted its technology – up to now, installed […]

The Rise of Artificial Intelligence and its Impact on General Counsel
AI Emerging Technology News technology

The Rise of Artificial Intelligence and its Impact on General Counsel

By: Kurt Watkins, general counsel and CEO at Contextum, and Matthew Savare, partner at Lowenstein Sandler Artificial intelligence (AI) has moved from the silver screen and into our homes and businesses. Without even knowing it, most people encounter some manifestation of AI in their daily lives. From intelligent personal assistants […]

UK banking customer satisfaction: promising responses for high street banks
finance financial research Risk Managament technology

UK banking customer satisfaction: promising responses for high street banks

UK banking customer satisfaction levels have increased over the past decade and significantly so in the last five years. The banking sector has undergone rapid changes since the 2008 financial crisis and now Brexit poses a similar uncertainty. It’s essential for banks and building societies to ensure strong customer experiences […]

DLT can help banks boost regulatory compliance – Euro Banking Association
Blockchain Compliance finance News technology

DLT can help banks boost regulatory compliance – Euro Banking Association

Distributed ledger technology has huge potential to improve regulatory compliance processes, according to a report from the Euro Banking Association. Cryptotechnology-based regtech answers could be particularly attractive for KYC data management, says the EBA report, because current processes are often fragmented and redundant, leaving financial institutions with higher costs and […]

Cyber security concept with lock
banking platform financial crime News Risk Managament Security technology

Banks Should Cash In On Cybersecurity

Banks have been at the forefront of cybersecurity for years, investing heavily to protect some of their clients’ most valuable and sensitive information. Such heavy investment in cybersecurity is increasingly the cost of doing business in financial services, but it also presents an opportunity for banks to generate a return […]