Fujitsu and Mizuho Bank partner for ESG data management project
The new service will visualise CO2 emissions across supply chains and help customers move towards de-carbonisation.
Fujitsu
BBVA collaborates with Fujitsu on quantum tech proof of concept
Spanish giant thinks quantum will be key to industry future.
UK finserv industry says public are stifling technology adoption
The industry fears it will miss out on key innovations.
Fujitsu collaborates with Commerzbank on securitisation project
“No longer any need to wait for commercial viability of true quantum computers.”
CaixaBank first to show withdrawal symptoms for ATM cash
“World’s first bank to use facial recognition to withdraw cash at ATMs.”
Fujitsu bags Lowell contract worth €60m
Credit management tech with AI and robotics added.
NatWest starts quantum computing testing
May be able to execute tasks at 300 times the speed of a traditional computer.
Fujitsu fires up five-day blockchain production framework
For customers seeking or refining projects based on DLT.
Fujitsu and Sensory are the face of biometrics for Mizuho
Fujitsu has teamed with Silicon Valley-based Sensory to provide face biometric authentication for Mizuho’s mobile banking. Mizuho is the first customer of the Fujitsu and Sensory partnership and it will be using TrulySecure. This solution’s features include the option to fuse voice and face biometrics recognition together; and it works with Android, iOS, Linux and […]
Fujitsu to trial blockchain payments with three Japanese banks
Fujitsu will work with Mizuho Financial Group, Sumitomo Mitsui Financial Group (SMFG) and Mitsubishi UFJ Financial Group (MUFG) to conduct a joint field trial of a person-to-person (P2P) money transfer service using blockchain. The trial will begin in January 2018 and last for about three months. Fujitsu says it has already initiated development of the […]
Fujitsu in blockchain-powered payments breakthrough
Fujitsu Laboratories says it has accelerated transaction processing for Hyperledger Fabric, one of the Hyperledger blockchain frameworks hosted by the Linux Foundation. In its latest development, Fujitsu says the processing of communications between applications and the blockchain platform, which had been the source of bottlenecks, is now “more efficient”. In a trial where this technology […]
Fujitsu teams with fintech five to launch new customer onboarding tech
Fujitsu has launched its customer onboarding technology, Smart Origination, developed in partnership with ImageWare Systems, InAuth, Intelligent Environments, Mitek and Trunomi. The tech enables financial institutions to collect, process and verify documents and the identity of new applicants in “less than five minutes”. Gary Fegan, head of digital financial services solutions at Fujitsu, says Smart […]
Payments round-up: 12 August 2016
It’s probably not farfetched to say you’re time-stretched. To save time here’s a round-up of some events in the (Asian) world of payments. Payments firm Mozido has revealed that 14 banks within the Taiwan Mobile Payment Co (TWMP) consortium have adopted its HCE technology. The remaining 12 banks will launch later this year. Mozido says […]
Fujitsu builds accounting system for Central Bank of Myanmar
Fujitsu has built an accounting system that complies with International Financial Reporting Standards (IFRS) for the Central Bank of Myanmar. The Japanese firm says it has systemised journal entry, including functions for automatically generating accounting entries, and all sorts of forms. These were previously done manually by bank employees. This accounting system was built by […]
New competition or new regulation: which is the bigger challenge for banks?
One of the most talked about issues in retail banking today is the emergence of the new entrant, or “challenger”, bank. “New” banks are being spun off from existing institutions and more than twenty organisations having applied for, or received, a banking licence over the past twelve months or so. Banking is becoming an ever […]
Top fintech stories this week – 11 March 2016
Catch up on Banking Technology’s top five fintech stories of the week – all in one place! MasterCard mulls VocaLink acquisition There are some things money can buy. US to move to shorter T+2 settlement cycle by September 2017 Make a note, industry target has been unveiled. Big US banks to fight for instant payments […]
Mizuho Bank and Fujitsu boost blockchain security
Mizuho Bank, Fujitsu and Fujitsu Laboratories have jointly conducted a three-month operational trial using blockchain, which makes it “practically impossible” to tamper with transaction histories. The trio says this shortens the processing time for cross-border securities transactions, from the current three days to same-day settlement. For the trial, they built a system that “almost instantly” […]
The evolving relationship between banks and IT suppliers
Customers are looking for organisations that care about their needs in a way that is personalised, responsible, transparent and – of course – secure. In recognising this, banks are stepping up to the challenge and just as technology is at the heart of this business, so their relationship with IT suppliers is a key component of this value shift.
Banking and biometrics – a whirlwind romance?
As Bob Dylan, famously sang, The Times, They Are A-Changin’. Once, the tools required to carry out a bank raid usually comprised a shotgun, old stockings and a bag labelled “swag”. Today, it’s a laptop, computer programming skills and patience. And the nature of the crime is changing too – previously, the goal was often to get away with a few thousand pounds, before lying low for a while. Now, the “prize” sought may be the theft of millions or the personal details of thousands, to be then sold on.
What next for the ATM?
Given that bank customers are unlikely to increase significantly their usage of ATMs and now that opportunities to deploy large numbers of additional dispensers are limited, what does the future hold for the ATM and where does its next phase of growth lie?
