Payments

How Payments Innovations Changed Global E-Commerce

Payment options have been evolving for ages, and with the development of technology, it has been growing even faster. What we have available now – mobile payments, e-commerce, online payments, and shopping at the click of a mouse – is all a result of that. Technology keeps advancing forward, and...

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Blockchain

Blockchain: Helping Humanity

As we’ve been creating podcasts of our own for the exclusive Inner Circle content, I found myself paying closer attention to industry-defining podcasts, one of which is the Breaking Banks podcast by Brett King. And one of the episodes caught my attention for three reasons – blockchain, identity, and inclusion....

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Authentication & Security

OTPs & Selfies Are Leading the Next Wave of Customer Onboarding in Banking

The quest towards a comprehensive digital transformation has pushed banks to evolve the epicenter of the banking business from operational efficiency to customer experience. Banks are now one of the major adopters of technology, as they are now leveraging modern technologies such as blockchain, AI/ML, APIs, cryptography, etc., in various...

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Enabling Technologies

Daily Review: The AI Arms Race

With AI becoming the most defining technology in the financial services industry and beyond, it comes as no surprise that tech corporations are heavily investing in existing AI talent and expanding the pool of employees focusing on AI/ML research and development. US employees were estimated to spend more than $650...

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Authentication & Security

Passwords Are Not the Problem, Centralization Is

Enterprises determine their pace of innovation, and this carries over into security. Information chiefs generally adhere to the username/password protocol, keeping passwords as the number one means for consumer and employee authentication. Passwords are not perfect, but they’ve been an effective method of authenticating users for decades. In theory, passwords...

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Enabling Technologies

Daily Review: Monoline Businesses Will Have a Hard Time Succeeding in the Long Term

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

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Enabling Technologies

The FinTech IPO Wave Continues to Pick Up Pace

The FinTech narrative has certainly evolved from disruption to collaboration. With the increasing incumbent activity through bank-FinTech partnerships, acquisitions, as well as growing VC funding, the global FinTech market has been maturing over the period. The recent years have been really exciting for venture capitalists around the world with major...

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