Gary McLellan

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Amazon unveils grocery store with NO CHECKOUT

Amazon unveils grocery store with NO CHECKOUT: App equipped with computer vision can identify items and charge them to your account<p><b>An app grants</b> …

Alexa, Tell Me Where You’re Going Next

<b>In the Game of Thrones-like</b> artificial intelligence competition between Houses Amazon, Apple, Facebook, Google, and Microsoft, the company most …

New Jersey town decides to pay Uber instead of building a parking lot

Pilot program is meant to test out ride-hailing as a solution to last mile challenge<p>Lately, Uber has been positioning itself as the ultimate solution to the eternal challenge of shuttling people between transit hubs and their homes, also known as the “last mile challenge.” To that end, the …

Goldman Sachs: We're in the 'second wave' of fintech

The next stage of development in financial technology is going to be partnerships between big banks and startups.<p>It's actually the third wave of the industry's development, according to Jeff Gido, Goldman Sachs's Global Head of Fintech in the investment banking division. He spoke at the firm's …

Price comparison sites to be probed by watchdog

<b>The way price comparison websites work is to be examined by the Competition and Markets Authority (CMA).</b><p>Among other issues, it will look at how well sites such as Moneysupermarket, Uswitch and Gocompare can be trusted by their customers.<p>The CMA says it will look at whether consumers should be made …

As big banks retreat from the high street and challengers opt for digital, do we still need bank branches?

• <b>Hundreds of bank branch closures have happened in recent years</b>• <b><br>Rise of technology means banks are focusing on digital offerings</b>• <b><br>One challenger bank</b> …

The Selfie as Mobile Banking's Fraud Fighter

It might be the digital age, but it still can take days, if not weeks, for banks to onboard new customers.<p>That needs fixing.<p>It might be the age of …

Mobile Banking App – What Makes It Useful?

<b>Published on</b> September 25th, 2016 | <i>by Guest</i><p>0<p>How do Banks expand market reach and increase their customer base? Well, with a good marketing strategy …

Banking

Samsung plans voice and face biometrics for mobile banking

Samsung SDS will use Sensory’s TrulySecure™ software which requires no specialized hardware or biometric scanners, yet provides the use of face and …

Banking

Future of Banking: IoT, Retail & Mobile Banking Industry Trends

<i>Business Insider Intelligence Exclusive:</i><i>The data provided here is an excerpt from the Internet of Things Report, a comprehensive report that covers the market trends in the IoT industry. For complete analysis, learn more about BI Intelligence and the IoT Report.</i><p>Banking is becoming more convenient …

Snap A Selfie To Verify Your Financial Identity

The British bank's mobile app uses facial recognition technology to protect business account access

THE INSURTECH REPORT 2.0: The technologies disrupting the insurance industry and what incumbents can do to stay ahead

That's leading to ongoing changes in the distribution segment of the industry, but more excitingly, we are starting to see movement in the fundamentals of insurance — policy creation, underwriting, and claims management.<p>This report from Business Insider Intelligence, Business Insider's premium …

Insurance Industry

The New Way You'll Get Hacked: Through That Banking App on Your Phone

You’ve changed your computer passwords and you stay away from dodgy Wi-Fi hotspots. But hackers have found a new way to access your online banking accounts — and it’s on the rise across America.<p>Hackers are accessing smartphone users’ bank accounts through an increasingly inventive array of malware …

Santander's top managers had to pitch an idea for a startup to keep them 'agile'

Van der Kleij told Business Insider that Santander had their top employees go through an exercise where they had to build and pitch a startup in a day.<p>"These are people that have been doing something like compliance in their daily job, the tough end of banking. It was just to encourage agility in …

Top 5 Books to Learn About the Fintech Industry | Investopedia

Financial technology, commonly referred to by the shorthand phrase “fintech,” provides support and auxiliary services for the financial sector, and …