Startups and incumbent institutions alike focus their digital efforts on Millennials. This generation is digitally native, but does that make everyone else a digital deadbeat? Far from it! Fintech is opening a host of opportunities for financial institutions to meet the unique needs of an aging population.
Relationships play a significant role throughout one’s life, from personal and family relationships to business and financial affiliations. Banking is no different.
The future of banking will put a premium on data analysis and cognitive technologies – areas in which the tech titans are making ever-deeper inroads. Can banks and credit unions see the bigger picture, or will they continue to "add a few bots" on top of traditional technology?
Increased use of machine learning and cloud services could make the financial world more vulnerable.
The Crypto Finance Conference is the world’s most exclusive investor conference for cryptocurrencies and blockchain investments, with events in Switzerland, the US and soon Asia.
The business event for digital decision-makers in the financial services and insurance sector.This year, the InsureFin Digital-Day takes you for one afternoon into the world of artificial intelligence. Various industry specialists will inspire you with their keynote speeches about how they use AI for giving real value to their customers. Dates: 6th September 2018 (Cologne) & 19th September 2018 (Frankfurt am Main)
Findata Day at New York's Javits Center is a day of data-meets-finance talks. Bringing together bankers, analysts, entrepreneurs, financiers, and technologists, it's a can't-miss day for anyone working in the financial sector.
Today's technologies, analytic capabilities and the changing media environment offer endless opportunities to create the personalized experiences that consumers crave. But, to create a strong individualized experience, financial institutions must first understand why people want personalization.
Dawn Shaw, a retired legal secretary in northern Maine, made two stops weekly without fail. One was her church. The other was her local bank, where she swapped stories about her children and their families with the branch manager.
Onboarding comprises of the processes by which a consumer or business becomes a customer. The term applies to the end-to-end journey, from a customer seeking insight into which product is right for them, through the application process, and onto the issuing of that product and the customer starting to use it.
It may seem that the U.S. is well on its way to achieving the Federal Reserve’s target for real-time payments (RTP) to be available to every U.S. consumer and business by 2020. After all, since the first wave of early adopters went live with The Clearing House (TCH)’s RTP® network in November 2017, many other large banks have signed on, with hundreds of smaller institutions slated to follow.
Standing in one line with other disruptive technologies, IoT keeps on popping up in discussions here and there as one of the overarching trends. With IoT breaking into insurance, the alliance spawned yet another concept – Insurance of Things, which is driving a new era of digital disruption of the insurance markets.
Blockchain technology, a term that has received quite a lot of attention over the last few years in the mainstream media, has also increasingly raised questions within national and international law.
Bank branches still have greeters, coffee and sometimes fresh-baked cookies. At HSBC, there’s also Pepper, the finance robot. About 4 feet tall, Pepper is shiny white with a lemon-shaped head, large eyes that light up blue, and a tablet attached to its chest.
Artificial intelligence is fundamentally changing the physics of financial services. It is weakening the bonds that have held together the component parts of incumbent financial institutions...
Pete Roberts of Nottingham, England, was one of the many risk-takers who threw their savings into cryptocurrencies when prices were going through the roof last winter.
Nothing can stop Amazon. Not even banking regulators or geographic borders can slow them down. With patents, patience, a willingness to fail, a huge and devoted customer base, a universe of data, and gobs of money, Amazon represents a real threat to the traditional banking industry.
It’s the end of the month, but your paycheck is for less and the bills are still due. This scenario is far too familiar to the many hourly paid employees, freelancers, on-demand workers and others who are up against a high-stakes juggling act.
The ebics box API is capable of automating all common processes involved for providers of digital marketplaces, subscription services and other business cases involving regular and high-volume payment processing in the SEPA area.