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UnionPay showcased state-of-art e-payment technologies at Singapore FinTech Festival 2017

SINGAPORE, Nov. 21, 2017 /PRNewswire/ -- UnionPay unveiled its vision for the future of e-payments with a technology showcase at the Singapore FinTech Festival (SFF) 2017 held from 13 to 17 November. Featuring UnionPay <b>FacePay</b> - a new face recognition technology that enables users to pay for …

FinTech

Fintech startup Glint de-cloaks to offer a multi-currency account and card that supports spending gold

London-based Glint has been pretty stealthy about what it planned to offer, despite several funding rounds and a vague description that it wanted to a create new “global currency” based on gold. Well, today the fintech startup is finally de-cloaking with a staggered launch of its multi-currency …

Banking

It's time to take back ownership of our digital identities

Smart contracts, bits of code that run on blockchain, took the notion a step further and made it possible to run applications without the need for centralized servers.<p>In recent years, plenty of startups have emerged that employ blockchain and smart contracts in different domains and industries.<p>One …

Bitcoin

Kleiner Perkins - FinTech Trends 2017

Venture capital funding for FinTech companies has exploded in recent years, driving a wave of innovation across the sector. Entrepreneurs and investors alike are seeing unprecedented opportunities in areas such as payments, lending, insurance, remittances, banking and cryptocurrencies. In analysis …

Venture Capital

Before getting into voice, banks want to get PFM right

It took banks almost 10 years from the launch of the iPhone to nail their mobile strategies. Now banks are trying to make sure they’re not late to …

Banking

American Express Opens First Blockchain Corridor With Ripple Tech

Back in 1927, pilot Charles Lindbergh could have flown cash across the Atlantic Ocean faster than most payments happen over that same body of water …

Bitcoin

Fund managers need to go straight to consumers

While fund managers can be forgiven for not prioritising marketing activities when allocating their budgets right now – MiFID II compliance …

London Business School

“Doing digital” doesn’t equal “Being digital”

At the end of most of my speeches, I get someone raising questions around security and regulations. What was interesting is that I got the regulatory …

Banking

Driving digital transformation in financial services

Article<p>Digital transformation in financial services The need to rewire organizational DNA<p>November 07, 2016<p>Financial services firms continue to …

FinTech

How to design a modern bank card - 11:FS

The next day, a slightly worse for wear 11:FS team got talking about card design. The upside? We don’t think people pay enough attention to card …

Banking

The Failure of SegWit2x Shows Bitcoin is Digital Gold, Not Just a Better PayPal

The so-called New York Agreement is sometimes credited for bringing the Segregated Witness (SegWit) improvement to the Bitcoin network (others say it was the user-activated soft fork outlined in Bitcoin Improvement Proposal 148), but the hard-forking capacity increase that was attached to the …

Bitcoin

Stash To Build Banking App "For All Americans"

New York-based financial services platform Stash is launching a mobile banking service it says it hopes will empower millions of Americans to manage and simplify their day-to-day financial lives. The banking service, set to launch early 2018, will use proprietary data and develop personalized …

Mobile

The Rise of Fintech for Investment Management

Giorgio Carlin, Chief Investment Officer, Multi Asset US, Allianz Global Investors<p>The Chief Investment Officer plays a significant role in ensuring …

FinTech

There's a Lot More to AI Than Just Chatbots

AI systems elevate the human thought process, eliminating our biases -- conscious and unconscious -- and following the path that the data shows.<p>Whenever artificial intelligence (AI) is mentioned in a business context, the conversation inevitably turns to the subject of chatbots. Chatbots are great …

Artificial Intelligence

British people use mobile banking apps 4 billion times a year

Similar to what’s happening in America at the moment, mobile banking in the UK being described as a “consumer-led revolution” and that’s not a …

Banking

Debating Where Tech Is Going to Take Finance

<i>After the credit crisis of 2008-09, former Federal Reserve Chairman Paul Volcker quipped that the only important innovation the financial industry</i> …

FinTech

Mobile banking beating physical branches, says report

Online banking trumps physical branches, claims Visa report

Banking

How AI and machine learning could improve wealth management

https://goo.gl/LgvrqD<p><b>From robo-advice to chatbots, the much-hyped technology will be revolutionary for finance, claims a new report.</b><p>In the past 12 …

Machine Learning

The future of banking | Blog | Auriga - The banking evolution

The banking industry has undergone some pretty dramatic changes in the last few years, with new tech transforming the way that people want to manage …

Banking

ING unveils new branch concept that “feels like home”

ING Belgium has opened doors to its first “client house” branch, which the bank describes as “a place where retail, business and private banking …

Banking

11 Most Valuable Fintech Startups Worth Over $1 Billion

These companies are changing the way people get loans, buy goods and invest their money.<p>Everyone likes money.<p>But technology that handles money is what's really popular these days.<p>The rise of "fintech," or, financial technology, has unleashed a new breed of apps, sites and services designed to help …

FinTech

Affirm’s new mobile app lets you borrow money for almost any online purchase | The Verge

Lending startup Affirm, founded by PayPal and Yelp co-founder Max Levchin, is out to destroy the credit card, or at the very least make a noticeable …

Banking

New Market Force Banking Study: Capital One Is Consumers’ Favorite,...

Digital wallet adoption sees sharp increase, although Google Wallet and Apple Pay lose ground(PRWeb October 25, 2017)Read the full story at …

Uber Visa Card offers Millennial-friendly perks to lock in riders

Uber is wading into the credit card business, launching its own Uber Visa Card which promises to specifically reward users of its various services. …

Uber

Kids dive into cashless payment, but some parents wonder if they should first learn to handle cash

SINGAPORE - Every school day since September, Ms Maisie Tok's Primary One daughter has put on a smart watch that allows her to pay for purchases at …

Diebold Nixdorf IMS: No more ATMs in branches? - Retail Banker International

At Diebold Nixdorf’s International Management Seminar, its 30th such event but the first one as Diebold Nixdorf since its merger, particular …

Banking

Zero raises $8.5 million for a credit card that functions like a debit card

Just one-third of young adults have a credit card, according to a Bankrate survey. It’s partly due to concerns about debt.<p>A startup called Zero thinks it has a solution to this and it is gearing up to launch a credit card that functions like a debit card. The startup is also raising $8.5 million in …

Startups

N26 announces plans to launch in the US by mid-2018

European fintech startup N26 has plans to expand beyond Europe. The company’s co-founder and CEO Valentin Stalf is announcing today at the …

CEOs

Square is expanding its lending business through partners to try to reach millions more small businesses

Merchants using delivery service Caviar will also be eligible for Square Capital loans.<p>Last summer, Square began offering loans to non-Square merchants with the help of a restaurant software partner called Upserve.<p>Now, the payments and financial services company has created a formal partnership …

Banking

Smart Money: How AI Could Make You a Better Investor

hen it comes to investing,<p>your behavior can matter more than your income. Take Neal Gabler and Ronald Read for instance. Gabler has written five …

Wealth