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This group is to share any information related to enterprise wide Blockchain technology adaption in different Banking Financial Services sub-domains.
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Paul Hampton Security Expert at Thales
The financial industry is one of, if not the most regulated industries in the world. As such, while innovation may appear to be on a smooth road in other sectors, to many the financial world can be viewed as a little slow to the party. However, while the industry can be cautious and rightly so given the role it has in society, innovation is by no ...
03 September 2020 /security /regulation
Hirander Misra Chairman and CEO at GMEX Group
The extent of money supply increases needed to facilitate stimulus packages by sovereign central banks to counter the negative effects of the current crisis will dictate the inflationary pressures that ensue. Current world currencies are driven in a large part by expectation value and when confidence wanes there is a flight to alternative stores o...
20 July 2020 /crypto /covid-19
Payson Johnton CEO and Co-Founder at Crowdz
The world is becoming increasingly globalized, and despite the benefits of a better connected global economy and supply chain for businesses both small and large, banks seem to be pulling away from what was once a mainstay of their regular operations: supplier finance. As someone with their ear to the ground in the supply finance space, this has b...
07 April 2020 /startups /covid-19
Retired Member
Fintech startups looking to transform current investing trends or disrupt traditional banking are facing their first major test as Covid-19 pandemic bites into the very fabric of our society. As interest rates fall and fearful consumers seek safety in tradition, brand new industries like digital banking and online investing that never experienced ...
02 April 2020 /startups /covid-19
Niall Twomey Chief Technical Officer at Fenergo
In this nascent market, organizations are exploring the speed and accuracy of DLT and the enhanced security of Blockchain. In this blog, I take a look at the DLT and blockchain technologies that can make decentralization and sharing of quality data a reality for e-KYC utilities. When we explore the bank-driven approach to KYC customer record shari...
01 April 2020 /regulation /crime
Konstantin Rabin Head of Marketing at Kontomatik
Fintechs rely heavily on blockchain to make the transactions smooth and safe and while both of these technologies often face criticism for being vulnerable to attacks, the fintech industry keeps growing and expanding its reach over the world. Alchemy technology is a fintech infrastructure development company that just recently announced its partn...
11 March 2020
Chris Principe CEO at APB, Inc.
Deposit Cash, Get Arrested! Banking has evolved more in the last few years than in the last few decades. The main reason is technology closely followed by regulation. The famous statement that “Cash is King” is no more! Banks, due to regulation and to limit their own risk, have been working with government to limit our usage of cash. A good examp...
10 March 2020 /crypto /covid-19
Paul Shumsky Technology Advisor at Entrepreneur
Retailers are increasingly turning Mobile Point of Sale (mPOS) devices to secure payment because of the convenience, cost effectiveness and flexibility they offer. In fact, the mPOS market is reportedly growing faster than the traditional POS industry and, according to some estimates, could comprise some 25% of the overall market within the next t...
03 March 2020 /payments
Doug Wick VP, Products and Marketing at ALTR
Cryptocurrency and blockchain came to the forefront of our imaginations as a technological marriage, seen as a revolution, for digital transactions. So vivid was the future for this pairing, at the outset at least, that the terms became linked. In reality, cryptocurrencies and distributed ledger technologies are distinct, the latter supporting the...
28 January 2020 /security
Yagneswara Sarma Bulusu Consulting Partner at Tata Consultancy Services Ltd.,
Abstract Custodian banks are facing a slew of challenges such as cost pressures, operational inefficiencies, and aging legacy applications. Disruptive digital technologies such as blockchain and distributed ledger technologies (DLT), Robotic Process Automation (RPA), and intelligent automation systems such as cognitive computing tools and decision...
21 January 2020 /markets
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