RTGS #Global is using the latest #technology #from Microsoft’s Azure cloud platform to enable bank-to-bank cross-border payments in near real-time — 50 milliseconds — pretty much eliminating the risk of FX exchange rate movements.
Financial Technology
Banking in the cloud consists of the largest, and most significantly regulated industry in the world, running on an entirely unregulated infrastructure, according to the CTO at one of London’s largest #banks.
Financial Technology
Village Capital sees #refugees as an opportunity for host countries to use #financial services apps to convert the involuntary exiles #from a problem to a valuable national resources.
Financial Technology
#Financial service regulators in the decade ahead will focus on #smarter rule instead of just demanding #more data, predicted PJ Di Giammarino, CEO at JWG, a regulatory think tank in London.
Financial Technology
#Moven was a pioneer in linking a bank account, debit card and a smartphone app to monitor and advise on spending.
Financial Technology
#Even.com can provide a way to tap into earned pay ahead of the regular payday, but its core value is making it likely people are spending within their means.
Financial Technology
#Commonwealth is finding investment firms, foundations and a major retailer are interested in looking for ways to help lower income people find ways to save through innovative programs including prize-linked savings.
Financial Technology
#Smaller #financial institutions face a significant threat from the biggest #banks which have huge tech budgets to keep improving digital and mobile applications.
Financial Technology
#Nerdwallet cuts through the complexity of #financial products like credit cards so consumers can see which fit their needs, from cash back to earning miles.
Financial Technology
Bank customers are using digital and increasing mobile channels to check balances, but they are still reluctant to pay bills through their bank site. Bank branches continue to be important to consumers.
Financial Technology
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