GreenKey teams with IPC to develop AI-based speech recognition solution
Will convert real-time voice into useable data for financial market participants.
Data & Analytics
UK Investment Association unleashes fintech accelerator
Asset management industry to get generosity from VeloCity.
AnaCredit – turning compliance into opportunity
An opportunity to improve ROI on existing infrastructure and use data for strategic decision-making.
Edmond de Rothschild moves core mainframe system to LzLabs
Hops over to LzLabs’ Linux-based alternative, running on x86 servers.
Glossary: what’s what in fintech
What’s what in fintech? Here is a glossary of the most commonly used terms.
Cardlytics first fintech firm to go public in 2018
Data driven marketing tech firm Cardlytics is now listed on Nasdaq.
Wizards of Oz pull back curtain on open banking
Australian open banking review published – but still seeks feedback.
UK regulator pushing hard on GDPR compliance
Financial Conduct Authority looking to get firms ready for the EU General Data Protection Regulation.
Trunomi closes $3.5m round from CloudScale Capital
Consumer consent and data rights company collects some cash.
Xero and Kaseya form data sharing duet
Cloud-based accounting platform and IT management solutions provider get together.
Blackstone buys Thomson Reuters’ financial business for $17bn
Gets data business, risk and compliance solutions and wealth management software.
Wipro takes minority stake in Harte Hanks
Wipro is acquiring a $9.9 million minority stake in omnichannel marketing services firm Harte Hanks.
First Data to open new fintech centre in Ireland
US payments firm also aims to hire 150 staff from around the world.
Microsoft gets support of privacy groups in data battle against US
Privacy International files an amicus brief on behalf of 26 organisations in support of Microsoft.
Security is NOT a priority – especially in Japan
New research from Gemalto indicates many PR gimmicks and posturing are empty promises.
Cardlytics appoints new CTO
Data-driven marketing company is reinforcing its troops for the new year.
Danske Bank UK picks Datactics data quality software
Used for single customer view processes in Northern Ireland.
AI is on!
Implementation of first uses cases around real-time contextual added-value banking notifications and offers to make their appearance in 2018.
What were we Googling in 2017?
The biggest of fads of 2017, according to Google.
Invitation for tender: bank & non-bank institutions supervision BI/DW in Iran
Informatics Services Corporation (ISC) invites bidders.
AWS reportedly eyeing deal for big data start-up Sqrrl
The big data analytics start-up could help AWS add an additional layer of security to its public cloud.
HyTrust’s DataGravity acquisition bears fruit for cloud security
Introduces software appliance that secures confidential data in the cloud.
European Payments Council report: 2017 payment threats and fraud trends
An overview of the most important threats in the payments landscape.
Fintech trends 2017: blockchain, big data… what’s next?
2017 ends with the Bitcoin having surpassed the $19,000 mark. Could this perhaps be a taste of our future?
Symbiont smart contracts to simplify index data sharing for Vanguard
Smart contracts platform Symbiont has teamed up with Centre for Research in Security Prices (CRSP).
SBDA Group closes Series A investment round
Banking personalisation firm SBDA landed investment from FinSight Ventures and Digital Space Ventures.
Banking Technology December 2017/January 2018 issue out now
In the eye of the storm we provide clarity.
Fortune 500 fuel IBM quantum computing quest
IBM has revealed the first clients to tap into its IBM Q early-access commercial quantum computing systems.
ECB chooses Unisys for IT operations
Includes IT support and operation of its data centre.
PR Savings Bank in core banking tech revamp with Temenos T24
Philippine Resources Savings Banking Corporation is implementing Temenos’ T24 core banking and analytics solutions.
Cisco study finds an IoT data paradox
People like what IoT does, but don’t trust firms with the data that sensors and connected devices collect.
Singapore insurtech firm Etiqa nets deals with Ministry of Finance and DBS Bank
First insurer to integrate with MyInfo, a digital data vault launched by the GovTech and the Ministry of Finance.
PayPal’s TIO network data breach hits 1.6m customers
PayPal has revealed that a potential compromise of personally identifiable information for approximately 1.6 million customers has been found on its TIO Networks.
TSB unveils new banking tech platform, Proteo4UK
“We have created a more digital, agile and flexible TSB,” stated Paul Pester, CEO of TSB, at the unveiling of the bank’s new technology platform, Proteo4UK.
VMware’s cloud fortunes continue in Q3
VMware continues to expand beyond its traditional role in the virtualisation market into areas such as cloud computing and software-defined data centre offerings, and the company’s bets on these areas are paying off, reports Enterprise Cloud News (Banking Technology’s sister publication). The firm released its third-quarter financial results, beating Wall Street expectations by $0.07 per […]
ING has a thing for data analytics
ING Wholesale Banking has set out its plans to increase investments in data analytics and put more resources into Asia and the Americas. It’s very early days as its ambitions and goals offer no real specifics. Stats and timelines are like good service in shops in the UK – i.e. almost nowhere to be seen. […]
BMO Financial Group injects $2m into Montreal AI lab
BMO Financial Group is putting $2 million into Creative Destruction Lab Montreal (CDL-Montreal) to fund artificial intelligence (AI) and data science projects. CDL-Montreal will target seed-stage start-ups by providing business and technology mentoring, equity opportunities and business development partnerships. On 15 December, the first cohort of 28 businesses, made up entirely of AI start-ups, will […]
UK urged to improve data protection for the digitally naive
Several consumer groups have written to UK Minister for Digital Matt Hancock urging changes to data privacy and protection rules, removing grey areas which allow companies to navigate breaches unscathed, reports Telecoms.com (Banking Technology‘s sister publication). Many rules and regulations should be viewed as dated today. This is not necessarily anyone’s fault, but is more […]
HPE enterprise sales sluggish in Q4
Hewlett Packard Enterprise (HPE) saw revenue up 5% year-over-year to $7.8 billion, but it’s having trouble gaining traction with enterprise sales – and its CEO is leaving, reports Enterprise Cloud News (Banking Technology’s sister publication). For the fourth quarter ending 31 October, combined net revenue for HPE was $7.8 billion, including $174 million associated with […]
HPE adding AI to data centres with Nimble acquisition
Earlier this year, Hewlett Packard Enterprise (HPE) went on an acquisition spree meant to help the company improve its standing in the data centre market with products to address a range of issues customers faced as they moved to the cloud, reports Enterprise Cloud News (Banking Technology’s sister publication). Now, one of those deals is […]
