24 July 2017
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Industry task force sets out US path to faster payments

Industry task force sets out US path to faster payments

21 July 2017  | 0 comments | 3 tweets | 3 linkedin

A task force made up of hundreds of industry players brought together by the Federal Reserve has set out 10 recommendations to make payments in the US faster and more accessible by 2020.

Credit scoring startup Aire raises $5m; wins Zopa deal

Credit scoring startup Aire raises $5m; wins Zopa deal

21 July 2017  | 0 comments | 3 tweets | 6 linkedin

AI-based credit scoring startup Aire has raised $5 million in a Series A funding round and won deals to work with P2P lending pioneer Zopa and the UK arm of Toyota Financial Services.

Machines could take over 30% of bank jobs: McKinsey

Machines could take over 30% of bank jobs: McKinsey

21 July 2017  | 0 comments | 16 tweets | 20 linkedin

Robots, artificial intelligence and other forms of automation could take over almost a third of investment banking jobs within just a few years, according to a recent report from consultant McKinsey.

Acting OCC head Noreika stirs fintech charter debate

Acting OCC head Noreika stirs fintech charter debate

20 July 2017  | 0 comments | 5 tweets | 2 linkedin

The new head of the US Office of the Comptroller of the Currency (OCC) has come out fighting in defence of his predecessor's plans to grant special-purpose bank charters to fintech firms, defying pending litigation from state regulators.

The eyes have it: TSB brings iris scanning to mobile app

The eyes have it: TSB brings iris scanning to mobile app

20 July 2017  | 1 comments | 8 tweets | 18 linkedin

TSB is claiming a European first by introducing iris scanning to its mobile banking app, eradicating the need to remember lengthy IDs or passwords.

OCBC Bank's Open Vault paves the way for startup pilots

OCBC Bank's Open Vault paves the way for startup pilots

19 July 2017  | 0 comments | 1 tweets | 6 linkedin

Singapore's OCBC Bank has partnered with two graduates from its startup accelerator programme to apply artificial intelligence technology to counter money laundering.

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