Tag: banking systems

Is ‘Brexit effect’ to blame for drop in UK data management investments?
data analytics data protection fees finance financial services industry global markets innovative solutions News Regulation

Is ‘Brexit effect’ to blame for drop in UK data management investments?

Research from data backup software supplier Veeam suggests UK C-suite is set to invest much less in data management over the course of the next 12 months than the rest of the world, prompting concerns that Brexit might be to blame  The economic uncertainty surrounding the UK’s exit from the […]

Creating Explainable AI With Rules
AI business Emerging Technology finance News Regulation

Creating Explainable AI With Rules

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 […]

Tip of the ice-berg for tech regulation: automated facial recognition technology
data protection data strategy finance Identity Verification Innovation innovative solutions new technology

Tip of the ice-berg for tech regulation: automated facial recognition technology

The judgment of the High Court is awaited in relation to a judicial review claim brought by Ed Bridges against the Chief Constable of South Wales, alleging that the police force’s use of automated facial recognition technology (‘AFR’) breached his human rights and data protection legislation. The case represents a […]

Coinbase launches its cryptocurrency debit card in six more countries in Europe
banking platform business Capital market Cryptocurrency finance Innovation News

Coinbase launches its cryptocurrency debit card in six more countries in Europe

Digital currency exchange Coinbase announced Wednesday its Visa debit card is to launch in six more European countries after debuting in the U.K. in April. The card allows users with Coinbase accounts to spend cryptocurrencies like bitcoin, ethereum and litecoin in stores and online at any merchant that accepts Visa. […]

Regulation is the biggest barrier to digital innovation for UK financial institutions
banking platform Capital market data protection Emerging Technology finance financial research financial services industry Innovation innovative solutions Regulation Risk Management

Regulation is the biggest barrier to digital innovation for UK financial institutions

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 […]

equensWorldline helps 25 European banks reach first PSD2 compliance milestone
banking platform business development Capital market data protection data strategy finance Innovation

equensWorldline helps 25 European banks reach first PSD2 compliance milestone

equensWorldline, a European card and payment processor, has helped 25 European banks reach the first milestone of PSD2 compliance. These financial institutions have become some of the first to get their testing facilities ready for the PSD2 deadline, being on track with the European Banking Authority (EBA) and corresponding National […]

Protecting Data Flow in Shifting Privacy Regulations
business Capital market Compliance data analytics data protection data strategy finance Regulation

Protecting Data Flow in Shifting Privacy Regulations

In the face of political uncertainty, organizations are challenged every day to keep the personal data they hold safe across their entire ecosystem. They must be sure that their partners, suppliers and other third parties are also keeping the organization’s data safe. As well, the growth of technologies such as […]

IDEX Biometrics partners with Tongxin Microelectronics to create biometric card
banking platform biometric business development digital approach Emerging Technology

IDEX Biometrics partners with Tongxin Microelectronics to create biometric card

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 […]

PayPal invests in and partners with open banking platform Tink
banking platform business Capital market digital approach global markets innovative solutions

PayPal invests in and partners with open banking platform Tink

Open banking API developer Tink has received an investment from online payments giant PayPal. The value of the transaction was not disclosed. Funds from the investment will be used to support Tink’s expansion across Europe and extending the reach of its open banking services, as well as build the next […]