Banks looking for cultural alignment with fintechs
“I understand in the past there was that fear – Are the fintechs that are emerging going to be competitive to us?” ... read more
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Banks urge collaboration, not competition
Over-competition is likely to inhibit customer experience according to a number of incumbent banks. “I think sometimes when there are inefficiencies in ... read more
Illegal data usage going undetected in financial services
Detecting illegal data usage is a serious concern for financial services, according to a panel of market participants at FinTech Connect in ... read more
People moves: Revolut, Hive, HSBC and more
Hive Blockchain appoints new director Canada-headquartered crypto-currency firm HIVE Blockchain Technologies has announced the appointment of Dave Perrill to its board of ... read more
MEP Ferber: ECB digital currency should not lead to cashless future
Digital currency taking over cash’s place “is a very dangerous notion and should be abandoned,” according to European Parliament member Markus Ferber. ... read more
ECB suggests digital currency developments
Benoît Coeuré, member of the executive board of the European Central Bank (ECB), has suggested that the central bank is considering launching ... read more
Open Banking raises fraud liability concerns
Banks and third-party providers may suffer from ambiguity in fraud accountability, according to members of the Open Banking scheme. Rachel Gentry, information ... read more
Banks must be aware of “biases” in data used to train ML models
Financial institutions need to be conscious of biases in the historical data that is being used to train machine learning (ML) models, ... read more
The road to quantum computing
The idea of quantum computing has been discussed in scientific quarters for some years yet the technology remains in its infancy. But ... read more
People moves: OakNorth, Bank of Ireland, TransUnion and more
OakNorth appoints Google executive, Sunil Chandra as its CEO London-based credit platform OakNorth announced on October 7 the appointment of Sunil Chandra ... read more
