Banking

What It Takes to Deploy Conversational AI

For many banks, launching a virtual assistant might be the first time they actually engage with their customers in open-ended conversations. In many ways, it’s like giving customers a blank text box or open mic and asking for their true “voice of the customer” – in real-time and across channels....

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FinTech

Take Your FinTech Startup from Early Stage to Center Stage – Apply for HSBC Edge

In the modern global economy of diminishing borders, a sustainable competitive advantage can be reached by exploring opportunities outside domestic/established markets. That is why strategic cash management and enhanced visibility for making faster, smarter business decisions is vital to success. The evolution of the bank-FinTech narrative from competition to hybrid...

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BankTech

Measuring Performance on Cloud-Based Infrastructure

“As macro forces like open-source software and cloud architectures have created more opportunity to innovate at a higher pace and lower cost, we’ve seen a general movement in the industry toward digital frameworks and digital business models.” — Don Duet, Former Partner, Technology Division, Goldman Sachs Businesses across industries face...

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FinTech

Merchant Fees in a Post-Settlement World

In what has been dubbed the largest-ever class-action settlement in US antitrust history, credit card processing networks Visa and Mastercard – along with a handful of banks that once owned the networks – recently agreed to a $6.2 billion settlement in the ongoing case between the networks and more than...

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FinTech

Interview with Divyesh Dalal, Managing Director & Country Head Global Liquidity and Cash Management, HSBC India

1. What is the purpose behind HSBC Edge? An International Data Corporation (IDC) study commissioned by Microsoft predicts that approximately 60% of India’s GDP will be derived from digital products or services by 2021. We are seeing our corporate clients rapidly embarking on the digital journey across areas from how...

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FinTech

Q3 2018 Global FinTech Investments Roundup

The year 2018 continues to shine for global FinTech investments – in Q3 of 2018, the global FinTech community raised more than $22.66 billion in VC/PE investments and acquisitions/buyouts. While the FinTech startups raised $11.36 billion worth of VC/PE funding in Q3 of 2018, the landscape also saw 62 acquisitions...

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FinTech

Singapore FinTech Festival 2018

Singapore FinTech Festival provides a platform for collaborations, connection, and co-creation within the FinTech ecosystem in Singapore and beyond. The festival is organized by the Monetary Authority of Singapore (MAS) in partnership with the association of banks in Singapore and in collaboration with SingEx Holdings. Popular segments from the previous...

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FinTech

India FinTech Awards 2018: Top 20 Startups

The India FinTech Awards (IFTA) is a unique initiative by the India FinTech Forum (IFF) to recognize the best emerging FinTech innovations in the thriving Indian ecosystem. The award, in its third edition, provides a prestigious platform for FinTech firms to showcase their disruptive products, combine it with a sales...

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InsurTech

Bancassurance – The Impact of Re-Bundling in Finance

The great unbundling of finance has been a big theme for a number of years as ~12,000 FinTech startups emerged to offer standalone solutions for every bank service. Superior UX/CX, standalone solutions, however, do not necessarily resonate with the needs of consumers. Unbundling touched a range of industries – television,...

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Lending

Leveraging Alternative Data to Enhance Risk Assessment

Effective risk assessment is at the core of the lending business. Retail lenders have their own risk assessment models based on traditional frameworks. Meanwhile, technology companies are developing risk assessment models increasingly inclusive of new variables derived from data generated as a result on increasing internet and smartphone usage. These...

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InsurTech

MEDICI Top 21 – InsurTech Awards: Scouting for Emerging Disruptors in the Insurance Industry

More than 1,200 InsurTech startups across the globe are taking one of the most complex and massive industries historically by storm. In the US insurance industry alone, net premiums written totaled $1.2 trillion in 2017, with premiums recorded by life/health insurers accounting for 52%, and premiums by property/casualty insurers accounting...

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