RegTech

Increasing Regulatory Complexity & the Cost of Compliance

AML/KYC Innovation – The foundation of regulatory compliance Between 2009 and the end of 2017, regulators in the US and Europe have imposed $342 billion of fines on banks for misconduct, including violation of AML rules. Estimates suggest that is likely to top $400 billion by 2020. Responsible for monitoring...

Read More · 5 minutes

FinTech

Money20/20 China: A Bridge of Collaboration Between China & the World

Founded in 2011, Money20/20 creates destination events where the most innovative people in payments, FinTech, and the broader financial services industry connect. Famed for their high-impact networking, the USA edition (held in Las Vegas in October), and Europe edition (held in Amsterdam in June), are widely considered unmissable by the...

Read More · 1 minute

InsurTech

The Impact of Blockchain on the Insurance Industry

There are 560+ blockchain startups operating around the world. The technology brought out an exciting dimension to the way businesses operate with a plethora of use cases built around transparent data sharing, record keeping, decentralization, consensus-based authentication, and smart contract-based decisioning. The industry is slowly but surely moving from research...

Read More · 7 minutes

Lending

Alternative SME Lending Solutions: Going an Extra Mile to Serve New Segments

Despite the significant contribution in strengthening countries’ economic growth and driving the engine of employment generation, the SME sector still toils to procure working capital owing to the unavailability of sufficient documents to demonstrate to the banks. Information with regard to the USP of business, balance sheet, products description, history...

Read More · 7 minutes

Blockchain

The Blockchain Strategy of Major Insurance Incumbents

Blockchain technology has brought a newer, exciting dimension to the way businesses operate with a plethora of use cases built around transparent data sharing, immutable cryptographic record keeping, decentralization, consensus-based authentication, and smart contract-based decisioning. Most of the industries are trying their hands on Blockchain prototypes and POCs. A handful...

Read More · 2 minutes

Cryptocurrency

A Performance Review of 21 Major ICOs

Initial coin offerings (ICOs) have gone through a free fall since the crash in cryptocurrency prices. The boom of mid-2017 gave rise to many multi-million dollar ICOs with projects challenging the flaws of existing blockchains such as Ethereum and Bitcoin or launching as decentralized apps (dapps) built on existing popular...

Read More · 3 minutes

Enabling Technologies

Create Positive Impact with Innovation – Apply Now for Open-F@b Call4Ideas 2018 by BNP Paribas Cardif

To contribute to the achievement of the goals of the 2030 Agenda for Sustainable Development adopted by world leaders at an historic UN Summit in September 2015, BNP Paribas Cardif dedicates the fifth edition of Open-F@b Call4Ideas to Positive Impact Innovation, which aims to gather ideas, solutions, and initiatives with...

Read More · 4 minutes