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  @fintechna 12:18 pm on April 21, 2017 Permalink | Reply
  Tags: 8220 ( 215 ), 8221, 8230 ( 322 ), against ( 5 ), CyberAttacks, OneThird, over ( 17 ), Successful ( 3 )   

  Over One-Third of CyberAttacks Against FIs Are Successful 

  Attackers are able to breach a financial institution’s network in 33% of attacks, despite growing confidence among financial professionals regarding the cybersecurity of these institutions. 78% of senior banking executives expressed a supportive opinion regarding the cybersecurity efforts of their companies, according to the “Building Confidence: Solving Banking’s Cybersecurity Conundrum” report released by Accenture today. However, […]
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  @fintechna 12:18 am on April 16, 2017 Permalink | Reply
  Tags: 8220 ( 215 ), 8221, 8230 ( 322 ), Advice ( 3 ), banks ( 429 ), Consumers ( 16 ), financial ( 55 ), from ( 46 ), More ( 22 ), want ( 10 )   

  Consumers Want More Financial Advice from Banks 

  #Consumers see their #banks as #more of a stressful utility, rather than a #financial advisor. According to the Future of Money report released by Cognizant, banks are not proactive with the financial needs of their consumers; 90% of consumers surveyed stated that they primarily deal with their bank for simple transactions only. “Simple transactions” exclude any […]
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  @fintechna 12:18 pm on April 8, 2017 Permalink | Reply
  Tags: 8217 ( 335 ), 8220 ( 215 ), 8221, 8230 ( 322 ), Boost ( 10 ), Existing, Facebook’s ( 4 ), Rails ( 2 ), Still ( 20 ), through ( 2 ), Video ( 38 )   

  Facebook’s AI To Boost P2P, Still Through Existing Rails [Video] 

  Facebook’s AI assistant, dubbed M, will begin to appear in your Messenger chats, “suggesting” things like sharing your location or requesting a ride. The digital assistant was in a testing mode since December of last year, and is now available to all Messenger users in the U.S., the social media giant said yesterday. Sending and […]
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  @fintechna 12:18 am on April 1, 2017 Permalink | Reply
  Tags: 8220 ( 215 ), 8221, 8230 ( 322 ), Companies ( 11 ), East ( 2 ), fintech ( 879 ), Funding ( 20 ), Head ( 7 ), Should ( 18 )   

  Fintech Companies Should Head East for Funding 

  If Horace Greeley were alive today, the famous newspaperman might be saying: “Go #East, young entrepreneur, go East.” China is a behemoth to be ignored at the peril of the #fintech world. In his outlook for the year, LendIt co-founder Peter Renton said earlier this month: &8220;If you are a U.S. platform and you are thinking about raising […]
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  @fintechna 12:18 am on March 26, 2017 Permalink | Reply
  Tags: 8220 ( 215 ), 8221, 8230 ( 322 ), Grain ( 2 ), Management ( 25 ), Releases ( 8 ), v2.0, wealth ( 12 )   

  Grain Releases v2.0 of Its Wealth Management App 

  The #wealth #management startup #Grain went live with its 2.0 version in the iOS app store this week. Grain is also live on Product Hunt. Version 2.0 amplifies and advances its “social investing” strategy and service. Specifically, Grain allows users to &8220;play&8221; investing with friends before committing funds to actual investments. The app helps its investors discover investments, […]
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  @fintechna 12:18 pm on March 24, 2017 Permalink | Reply
  Tags: 8220 ( 215 ), 8221, 8230 ( 322 ), Blockchain ( 732 ), launches ( 37 ), Suite ( 3 ), Synechron ( 2 ), tool ( 5 )   

  Synechron Launches AI Tool Suite for FIs 

  Neo has arrived. Global financial service consultancy #Synechron has launched its Neo “accelerator” #suite today, a set of 14 artificial intelligence tools and technologies geared towards assisting FIs with all of their budding AI projects. “As we rolled out our #blockchain accelerator launch last year, we got in touch with the heads of innovation at […]
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  @fintechna 12:18 am on March 24, 2017 Permalink | Reply
  Tags: 8217 ( 335 ), 8220 ( 215 ), 8221, 8230 ( 322 ), Chatbots ( 10 ), Digital ( 79 ), Expert ( 4 ), Mastercard’s, Talks ( 6 ), Video ( 38 ), wallets ( 11 )   

  Mastercard’s Digital Expert Talks IoT, Chatbots, And Wallets [Video] 

  Any device can be a commerce device, according to Mastercard’s Kiki Del Valle, senior vice president of #digital payments and labs. “At the end, the IoT can become the internet of payments,” she said. &8220;We want to provide that secure commerce experience that consumers can benefit from: shop wherever they want to shop, pay in […]
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  @fintechna 12:18 am on March 21, 2017 Permalink | Reply
  Tags: 8220 ( 215 ), 8221, 8230 ( 322 ), banks ( 429 ), Cognitive, Engagement ( 5 ), Expert ( 4 ), IBM’s ( 3 ), Questions ( 4 ), Video ( 38 )   

  5 Questions with IBM’s Cognitive Engagement Expert [VIDEO] 

  IBM Watson needs no introduction. The company has a huge number of bank and FI partners, all working to make financial services “smarter.” &8220;We are focusing on moving #banks into this #cognitive banking scenario, so that they can understand customers better, and communicate with them in a more conversational way,&8221; said Matt Kinney, customer insight and cognitive […]
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  @fintechna 12:18 pm on March 19, 2017 Permalink | Reply
  Tags: 8217 ( 335 ), 8220 ( 215 ), 8221, 8230 ( 322 ), Expands ( 6 ), fintech ( 879 ), Flywire, International ( 6 ), payments ( 84 )   

  Flywire Expands to International B2B Payments 

  Boston-based money transfer firm #Flywire has launched a new offering, targeted at #international business-to-business (or B2B) #payments. The #fintech will enable faster settlement between businesses, seeking to make those transaction “local.” &8220;We’ve built a very healthy business based on education and healthcare, but the [new] business segments we have conservatively estimated in the trillion-plus range,&8221; Jason Moens, vice president […]
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  @fintechna 12:19 pm on March 18, 2017 Permalink | Reply
  Tags: 8212 ( 116 ), 8220 ( 215 ), 8221, 8230 ( 322 ), banks ( 429 ), Capital ( 25 ), fintech ( 879 ), startups ( 47 ), They ( 6 )   

  Banks Have the Capital to Buy Fintech Startups — Will They? 

  #Banks are entering what could well be a Golden Age — deregulation, rising interest rates, and a bevy of #fintech #startups eager to hop into bed with them. Will #they take advantage of this fintech opportunity? “Banks now have the #capital to put to work and invest in growth after a long period of cost-cutting,” […]
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