SAN JOSE, Calif. — #Chatbots and IoT #could reach the fullest impact on the banking world by working within the existing financial infrastructure, instead of trying to disrupt it, according to an expert panel at Bank Innovation 2017. These technologies should be thought of as additional channels connecting consumers, clients, and issuers to the financial […]
Bank Innovation
It only takes AI, #chatbots, and #blockchain to make #banking a #social activity. That’s why one soon-to-be bank in London has them all. The goal of #BABB (which stands for Bank Account Based Blockchain) is to make everyone a bank by #using blockchain, but also by applying tools and technologies like machine learning, chatbots, biometrics, […]
Bank Innovation
#Zelle, the peer-to-peer payments platform formerly known as clearXchange, will put #customers #back in #banks’ #hands, PNC CEO Bill Demchak said Friday. P2P has been a notable success of nonbank players such as PayPal, which offers a host of consumer-facing payments products, perhaps most notably Venmo. In October, PayPal CEORead More
Bank Innovation
Top #seed #investors in the New #York startup community showed their muscle in the final quarter of #2016 and are likely to continue doing so in the coming year, says a new report from Primary Venture Partners. Among the winners in an otherwise difficult year for startups were #fintech companies likeRead More
Bank Innovation
#Challenger #banks start #from a pretty grim position – most of them don’t have any customers. So how are they #scaling? Well, whatever they do, it’s important they consider the word scale from both a backend operational perspective and a frontend on-boarding perspective. My view is the most brilliant challengerRead More
Bank Innovation
What I heard at the Swiss International Finance Forum Last week I attended the Swiss International Finance Forum organized by NZZ konferenzen and with a theme “#Back to #growth”. Sergio Ermotti, CEO of UBS reminded the audience that all the &8220;Regulations that are killing us&8221; (us the regulated #banks) have succeeded in reducing the systemic…Read more Back to growth #despite the triple-witching in #banking & with a AAA #regulatory #recipe
Bank Innovation
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