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Amazon Will Have to Issue its Own Currency ‘Sooner or Later’, Binance CEO Claims
By Omar Faridi
Changpeng Zhao, the CEO of Binance, a Malta-based digital asset exchange, recently predicted that Amazon, the world’s largest online retailer, would eventually launch its own cryptocurrency.
Amazon will have to issue a currency...
In 2019, online marketplaces will change the way you and the government shop
By Dinuke Ranasinghe
2018 has been a significant year for e-commerce. Just recently, we saw record breaking global sales numbers with US$7.9 billion transacted across Cyber Monday in the US and US$30.8 billion on Alibaba alone on Singles Day.
Analysts...
Ping Identity CTO’s cybersecurity predictions for 2019
Ping Identity has released its annual cybersecurity predictions for 2019.
Among the top five trends in the coming year are a decrease in successful attacks against multi-factor authentication (MFA), a proliferation of zero trust security...
Paris Fintech Forum: Cryptocurrency is over
That was a big takeaway this week from the Paris Fintech Forum, one of the biggest annual gatherings of its kind in Europe. On Tuesday and Wednesday, about 3,000 entrepreneurs, investors, bankers, and regulators...
Digital banks must find balance between cloud, cost and customer experience
With the launch of several new banks in South Africa and the disruption caused by digitalisation, the incumbents are re-aligning themselves to better support a digital environment.
Newcomers must work hard to attract a customer...
Machine learning innovations for fighting financial crime in an Open Banking era
By Pedro Bizarro
Pedro Bizarro, Feedzai`s CSO, reveals three breakthroughs in fraud management which are designed to tackle real-time payments risks: OpenML, AutoML and Genome
The fight against financial crime is changing and banks are struggling to...
Artificial Intelligence Innovation Steered By U.S. and China
Artificial intelligence has started — slowly — to make its presence felt in payments and commerce, including in fraud prevention, via early deployments of the technology and cutting-edge AI algorithms. And with those deployments comes increasing...
Looking ahead: Setting expectations for banking and mobile payments in 2019
By Laura Crozier, CFA, Global Industry Director, Banking at Software AG
The banking industry has been rocked by digital disruption. With customer expectations being set by experiences beyond financial services, banks have increasingly accelerated their...
El Fintech Fórum vuelve a Forinvest después de haber estado de gira en Estados...
Después del éxito tremendo del Fintech Fórum organizado por Fintechnews.org en colaboración con Feria de Valencia – Forinvest 2018 -, el Fórum ha estado de gira en Estados Unidos, concretamente en Nueva York, en...
How artificial intelligence is fighting financial crime
By Soumik Roy
WITH cross-border communications soaring and digital transactions becoming more rampant, fighting money laundering has become more complicated than it previously was.
As a result, financial institutions are experimenting with all kinds of technology to...
As cybercrime grows, banks are increasingly being targeted
By Bertrand Borg
Bank of Valletta was forced to shut down all its operations on Wednesday after detecting a cyber attack on its systems.
It is the first time hackers' attempts to infiltrate a Maltese bank has been...
5 ways leading CIOs are deploying AI in 2019
This article was co-written by Chris Davis and Brandon Metzger.
From detailed homework review to back office automation, progress in artificial intelligence will continue to explode in the year ahead. In 2018, Metis Strategy interviewed...
Chicago becomes crypto kiosk battleground
By LYNNE MAREK
Chicago is becoming a battleground for cryptocurrency kiosk companies looking to attract the city’s early adopters of digital currencies like bitcoin, ether and litecoin.
Atlanta-based Lux Vending is the latest to arrive, deploying...
Why the next big thing in fintech is not mobile payments
By Peng T. Ong
In October 2018, Grab raised US$200 million to expand its fintech offerings. That means it’s no longer just a ride-hailing service: it is now one of Southeast Asia’s largest non-bank financial firms,...
Why collaboration is key to the future of open banking
By Marten Nelson
Prompted by open banking, the big established banks will unlock new waves of fintech innovation by allowing a diverse range of external parties to connect securely with their core banking mechanisms. Or...