Category: banking

Explore the RegTech Revolution

50% of Hong Kong consumers happy to share financial data with 3rd-parties

Half of consumers in Hong Kong are happy to let third-parties access their financial data so they can access more personalised banking services and higher returns, according to a study from Accenture. Accenture, a financial solution developer, conducted an online survey of 2,010 Hong Kong consumers late last year, with results showing opportunities open banking…
Read more


18th January 2019 0

IBM-Backed Blockchain Platform to Improve Supply Chain Management in Mining Industry

Major tech firm IBM has partnered with MineHub Technologies to deliver a blockchain solution that will improve supply chain management in the mining and metals industry. IBM announced the initiative in a press release published Jan. 16. MineHub is a company that uses technologies including blockchain to develop cost-saving applications for the metals and mining…
Read more


17th January 2019 0

The Future of AI Will Be About Less Data, Not More

Companies considering how to invest in AI capabilities should first understand that over the coming five years applications and machines will become less artificial and more intelligent. They will rely less on bottom-up big data and more on top-down reasoning that more closely resembles the way humans approach problems and tasks. This general reasoning ability…
Read more


15th January 2019 0

Blockchain: the Best of 2018 and What to Expect in 2019

In the year 2018, we saw more improvements for blockchain. In the year 2018, we saw more improvements for blockchain. Blockchain has been the talk of the town for the last few years. The year 2017 was a groundbreaking year, considering that the price of Bitcoin reached nearly $20k. This indirectly helped make blockchain reach…
Read more


14th January 2019 0

Singapore to Launch Automated Litigation Work Platform For Prosecutors, Set to Embrace AI

Singapore’s main prosecuting body, the Attorney General’s Chambers, or AGC, which looks after crime and financial sector cases, is to launch an automated litigation analysis work platform to improve efficiency in its courts. It is also set to embrace large scale text analytics for major evidence reviews. And, the important South East Asian legal centre…
Read more


11th January 2019 0

UK banking customer satisfaction: promising responses for high street banks

UK banking customer satisfaction levels have increased over the past decade and significantly so in the last five years. The banking sector has undergone rapid changes since the 2008 financial crisis and now Brexit poses a similar uncertainty. It’s essential for banks and building societies to ensure strong customer experiences stays at the forefront of…
Read more


2nd November 2018 0

RBS sets £100 million aside to cover Brexit uncertainty

LONDON (Reuters) – Royal Bank of Scotland (RBS.L) has set an extra 100 million pounds aside to account for possible bad loans as a result of Brexit uncertainty, in the first concrete sign this is clouding the outlook of a big British bank. The provision means RBS is concerned that its customers might become less…
Read more


28th October 2018 0

The Clean Slate approach to Banking

Both in life and in banking technology, few have the luxury to start over with a clean slate. Banks usually have to build upon the investments (and mistakes) of prior years. Banks built their entire business eco‑system around core banking solutions and technology that were designed, developed, and enhanced over the last 3 decades. These…
Read more


26th October 2018 0