Bank technology

What fintech Armanta will supply IBM’s Watson

05/15/18

A need for risk-focused data aggregation and analytics tools is at the heart of IBM's latest acquisition for its bank consulting portfolio.

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A fintech shifts gears to virtual cards

05/15/18

Regalii has changed its name to arcus and switched from cross-border bill payment to helping banks use tokenization to reissue lost, stolen or breached cards.

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Vikram Pandit's PE firm invests $100 million into financial inclusion credit card

05/14/18

Fair Square Financial has received a $100 million equity investment from the Orogen Group to fund a credit card designed for underserved U.S. consumer segments.

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The one area where banks and fintechs want more regulation

05/11/18

As more consumer data is shared across banks, fintechs and data aggregators, the industry is asking for regulators to step in with better guidance.

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Where Bank of America uses AI, and where its worries lie

05/11/18

The bank is using AI in its chatbot, in trading and other areas. It also has concerns about the potential for bias to creep into the software.

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What banks can do to avoid drowning in data

05/11/18

It can be difficult for financial services companies to glean customer insights from the abundance of information they have.

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Who’s on the hook for a hack? Aggregators team up on answer

05/10/18

A new set of principles by Envestnet’s Yodlee, Quovo and Morningstar's ByAllAccounts aims to settle a much-debated issue in data sharing: which party is liable when a hack occurs.

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HSBC offers Face ID to corporate clients

05/09/18

The move is part of a larger trend to provide enterprise customers with tech capabilities available to retail customers.

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JPMorgan recruits top academic for AI efforts

05/09/18

Manuela Veloso, head of the machine learning department at Carnegie Mellon University, will join the bank in July.

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'Where everyone is going': How analytics is changing the customer experience

05/09/18

Citigroup, Synchrony and other banks are using so-called "journey analytics" to spot weaknesses along the entirety of a customer's interactions with the bank.

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