On March 28, 2017, BlackRock fired 7 fund managers and replaced them with algorithms, leading many to question: are machines taking over?
Banks can regain lost trust through a virtual assistant that will be customers true ally in managing their finances
JP Morgan, Machine Learning, and the Future of Finance
Who would you trust more for financial advice: 100 randomly selected people or Barclays, a 300-year old bank?
As globalization and online shopping increase the risk of fraud, consumers are looking to protect their data. Some companies, like PayPal, promise end-users to keep their information safe. But how can they deliver on this promise? Machine learning is certainly playing an increasing role.
The use of cash is being challenged by digital substitutes and there are directional trends towards a “cashless” economy. This digitization trend in the monetary value chain threatens the existence of ATMs, disrupting ATM hardware manufacturers like NCR.
With the likelihood of a favorable Brexit negotiation dimming, Barclays would be wise to leave London ASAP.
USAA has provided the military with digital banking for years, but needs to continue to innovate to stay on the top of the digital banking world.
12 years into business, Alipay has grown into the world's most valuable fintech services provider and the unquestionable leader of China’s online payment market. In 2014, Alipay processed 140 million transactions per day, while the banking system in China handled 170 million non-cash transactions on average every day (this includes bills, cards and electronic transfers). What did Alipay do to disrupt and win the payment market?
How Kenya’s Equity Bank is leveraging digital footprints to grow its double-bottom line.