Sasank Chary Senior Advisor at Sageview Capital
By Sasank Chary and Andy Greos The financial technology sector has undergone seismic shifts in recent years. The narrative often centered around fintech companies displacing traditional financial institutions with superior technology and user experience. However, the focus moving forward is likely to shift towards fintech playing a supportive and ...
26 June 2024 /predictions Fintech
Sheza Gary Project Strategiest at Self Employed
Magecart attacks refer to a common method of online fraud that have been around for almost a decade, and they continue to pose a serious threat to almost every financial organization, especially as e-commerce fraud becomes a growing concern. Security researchers say that Magecart groups have been active since at least 2016, and they are responsibl...
26 June 2024 /crime
Rodrigo Zepeda CEO at Storm-7 Consulting Limited
In June 2024, the Financial Conduct Authority (FCA) published feedback on good and poor quality applications under the existing cryptoasset anti-money laundering (AML) and counter-terrorist financing (CTF) regime (Feedback). This four-part blog series will aim to provide crypto firms and their compliance personnel (including Money Laundering Report...
26 June 2024 /crypto /crime Cryptocurrency Insights
Sergiy Fitsak Managing Director, Fintech Expert at Softjourn
The fintech sector is undergoing significant changes as it embraces sustainability and ethical principles. This movement, known as green fintech, is transforming financial services to address environmental and social issues. Understanding Ethical Finance Traditional financial metrics such as profitability and revenue remain crucial, but ethical fin...
25 June 2024 /payments /retail Banking Strategy, Digital and Transformation
Simon Horswell Fraud Specialist Manager at Onfido
In today’s digital world, 81% of people access online services daily. Against this backdrop, verifying identities online has become a new business standard. It’s a yardstick to measure an organisation’s digital readiness and resilience, which is why 1 in 2 end users now encounter digital identity verification (IDV) during the registration process....
25 June 2024 /identity Digital Identity Management
Evgeny Filichkin Investment Advisor at Keytom
The cryptocurrency market has recently been witnessing a significant shift towards restaking, a process where crypto assets are locked up to earn additional rewards. In fact, it has become the second-largest sector in DeFi, with over $18 billion worth of crypto moving towards such platforms by the end of May 2024. However, as restaking gains pop...
25 June 2024 /crypto /markets
Raktim Singh Senior Industry Principal at Infosys
A Scalable Vector Database, a cutting-edge solution, is meticulously designed to efficiently manage high-dimensional vector data. Unlike traditional databases that handle data types such as strings and integers, vector databases are specifically engineered to store, index, and query vectors, which are numerical arrays representing features or chara...
25 June 2024 /ai /retail Technology for Social Good
Alex Kreger Founder & CEO at UXDA
Integrating AI into banking services will obviously revolutionize the user experience in financial services, offering real-time advice and 24/7 transaction monitoring. However, this shift not only enhances user experience but also addresses critical data privacy concerns. Unlike traditional cloud-based AI, on-device AI, as introduced by Apple, pro...
25 June 2024 /retail /predictions Artificial Intelligence and Financial Services
Hilary Smyth-Allen Executive Director at SuperTech
As shone through in our recently launched Research and Innovation Roadmap, Productivity, alongside Open Data, Sustainability and Inclusion and Wellness are the key themes that consistently emerged as critical focus areas. Despite apparent initiative differences on the surface, these themes frequently align and are relevant across all end-markets e...
25 June 2024
Robert Kraal Co-founder and CBDO at Silverflow
Say ‘Mississippi’. In the time it took you to say it, $199,771 USD was spent online – the $6.3 trillion eCommerce market divided by the 31,536,000 seconds in a year. If every sale made in that single second was routed to the average global citizen’s bank account instead of hundreds of companies then, since they earn $9,733 per year, they would ma...
25 June 2024 /payments /startups The Payments Business
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