Blockchain

Daily Review: Blockchain Finds Adoption in Registries

The application of blockchain technology for operating registries – whether land, business, or estate – has seen certain development by a few governing authorities and by a relatively small number of tech startups. The UAE, the Republic of Georgia, and Estonia are among the rare cases. The Estonian KSI Blockchain...

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Payments

Daily Review: How Technology Shapes the Future of Giving

The potential of social entrepreneurship is yet to be explored by the tech community around the world. It comes in many shapes, one of which is building tech-enabled solutions that facilitate charitable initiatives. Entrepreneurship aimed at social good is generally built around individuals willing to donate resources for those in...

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Enabling Technologies

How European Banks Are Using AI

“In the long term, harnessing AI and technology will determine the split between winners and losers,” said Jeroen van Oerle, Portfolio Manager Robeco Fintech Equities, Robeco. “In order to keep relevant for the future, you need efficient back-office operations. On top of that, you need to be able to tailor...

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Payments

Daily Review: Consolidation of Power Is Underway in Finserv

The consolidation of resources (financial, talent, technology, and ideas) in the financial services industry is gradually balancing the market and relationships between startups and institutions. It will also bring it to the original structure, where a very limited number of companies control the majority of the market. The year 2018...

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Enabling Technologies

What Is the US Banks’ AI Strategy?

Artificial intelligence and machine learning saw a significant spike of attention in the past few years – whether it’s through partnerships, acquisitions, or in-house developments. The largest financial institutions in the US have been involved in one way or another in bringing artificial intelligence into operations and customer-facing functions. A...

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Authentication & Security

Daily Review: How BAT is Building the Future of Identity

The next generation of identity solutions will be fully digitized and most likely smartphone-focused. So far, there is only one place in the world where the most advanced identity management and authentication solutions exist, with their parent companies extending capabilities into smartphone-powered digital identities. Baidu, Alibaba, and Tencent, also known...

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Enabling Technologies

Regulation of Emerging Technologies

“Emerging technologies present the common question of how science can be integrated into the policy debate when, by definition, with an emerging technology, the science is well ahead of the content of the social discourse and the science is often not well articulated or understood. Are there approaches to regulation...

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Authentication & Security

The Rise of Biometrics in Finance

Out of 2.4 billion poor people worldwide, about 1.5 billion are not able to prove their identity to formal economies. “Globalization and population growth increase the pressure to find cost-effective solutions to prove identity. Recent advances in biometrics, from iris scanning to DNA analysis and voice pattern recognition, are likely...

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Payments

Daily Review: Partnership as a Competitive Advantage

The largest FinTech startups are repeating the history of institutional banking – the history of centralization – whether they want/realize it or not. The global consumer market is extremely limited for ~11K FinTech startups to have a sustainable future altogether. In the years ahead, the keys to survival will be...

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Payments

Mobile – The Innovation Platform of the 21st Century

“More than half the world’s mobile subscribers live in Asia-Pacific – mostly in China and India. Although the region has reached its peak in terms of subscriber growth, Asia-Pacific will account for almost two-thirds of new subscribers globally by 2020, with most of the incremental growth coming from the two...

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