Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Seizing the opportunity to collaborate

Lisa Iagatta, Vice Chair of ISITC and Director of Account Management for the Investment Services division of Fiserv, talks at Sibos 2017 about how regulations such as MiFID ll will impact operations, whether rates are improving across the industry in the context of trade affirmations and work ISITC is involved in around margins and collateral.

06 November 2017

Finextra TV/Artificial intelligence

Continued momentum for real-time payments

David Kretz, head of Global Payments, Global Transaction Services, Bank of America Merrill Lynch, talks at Sibos 2017 about what’s changed in the rea-time payments landscape in the past 2 years, what he sees as the most valuable aspects of real-time payments to clients and what the outlook for real-time payments looks like over the next couple of years.

03 November 2017

News/Artificial intelligence

Wells Fargo to launch PFM-based mobile-only account

Wells Fargo is to launch a new mobile-only customer account tied to a standalone AI-based budgeting and savings app.

03 November 2017

News/Artificial intelligence

Singaporean sovereign fund in talks to buy stake in OakNorth

Singapore's Government Investment Corporation (GIC) is close to agreeing a deal to acquire 10% of UK challenger bank OakNorth, according to Sky News.

03 November 2017

Finextra TV/Artificial intelligence

Regtech is the successful sub segment of fintech

Dejan Kusalovic, Head of Fintech Enabling, Intel, and Nate Storch, CEO, Amenity Analytics, talk at Sibos 2017 about the importance of regtech for meeting today’s regulatory demands, how it is being used to drive innovation, how financial institutions can monetise regtech and how it is likely to evolve in the near future.

02 November 2017

Company update/Artificial intelligence

Suncorp deploys IBM Watson to process motor claims

Leading Australian insurer Suncorp today announced it has successfully integrated IBM (NYSE: IBM) Watson artificial intelligence technology into its online claims process.

02 November 2017

Company update/Artificial intelligence

Ingenico introduces AI-powered 'zero fraud'tech

Ingenico Group, the global leader in seamless payment, has expanded its fraud detection and management capabilities with a new, real time solution that enables merchants to increase revenue by optimising their acceptance rate and reduce customer churn.

02 November 2017

News/Artificial intelligence

AI brings news stability risks, warns regulator

An increasing reliance on artificial intelligence by banks, insurers and hedge funds could have unintended consequences and threaten the financial system's stability, warns a report from a top global watchdog.

01 November 2017

Finextra TV/Artificial intelligence

New technologies to relieve old pain points

Mark Evans, Managing Director, Transaction Banking, ANZ talks at Sibos 2017 about ANZ’s newly announced presence in the market as a blockchain pilot, his take on how distributed ledge technology is developing within the industry and the trends we can see in the compli landscape besides blockchain.

01 November 2017

Finextra TV/Artificial intelligence

The test of new technology

Parviz Peiravi, CTO Financial Services, Intel, talks about the main technology trends at Sibos 2017, what he thinks will emerge in the coming year, how financial institutions are adopting the new technology and what they can do next to build foundations that will enable them to take advantage of these new developments.

01 November 2017

Finextra TV/Artificial intelligence

Enabling initiatives to harmonise and innovate

Benoit Desserre, Head of Global Transaction Banking, Société Générale, talks about SocGen’s digital transformation project, what needs to be improved in terms of existing corporate-to-bank flows and what progress has been made on key industry initiatives to harmonise and innovate using a client-orientated mindset in order to deliver value to customers.

31 October 2017

Company update/Artificial intelligence

NRI and Microsoft Japan firm financial digital innovation consortium

NRI, a leading global provider of system solutions and consulting service, and Microsoft Japan, today announced a joint decision between the two companies to establish the Financial Digital Innovation Consortium.

31 October 2017

Finextra TV/Artificial intelligence

How AI and robotics impact the treasurer

Paul Taylor, Global head of Corporate Sales for Global Transaction Services, Head of Sales, GTS, EMEA, Bank of America Merrill Lynch, talks at Sibos 2017 about how technologies like AI have impacted the treasurer during the recent wave of new payments innovations, why treasurers are working more closely with the CFO team during M&As, and whether SEPA has achieved what it set out to do.

31 October 2017

Finextra TV/Artificial intelligence

Security should be at the top of the agenda

Paul Stoddart, Chief Executive Officer, Vocalink, talks at Sibos 2017 about where we will see the largest innovations in the rapidly moving world of payments, which regions will be affected most, how payments companies can ensure they keep up with the pace and how customers will benefit.

31 October 2017

Finextra TV/Artificial intelligence

The rise of omnichannel digital banking

Jouk Pleiter, CEO & Founder, Backbase, talks at Sibos 2017 about how banks and their customers can benefit from them having omnichannel digital strategies, how well corporate banks are delivering seamless customer experience and consistency across multiple channels and how banks can move away from their legacy systems towards a more unified approach.

31 October 2017

Finextra TV/Artificial intelligence

Hype vs reality in the context of AI

Alan Trefler, CEO & Founder, PEGA, talks at Sibos 2017 about the transformation of AI and robotics in financial firms, whether we should take a step back and assess the risks of an AI apocalypse and what approach banks and start ups should take when implementing AI and robotics.

31 October 2017

News/Artificial intelligence

Japan's banks plan 33,000 job cuts in digital downsizing

Japan's megabanks are planning to make huge, long-term cuts to their workforces as they increasingly turn to artificial intelligence (AI) and automation in a bid to streamline operations and cut costs.

31 October 2017

Finextra TV/Artificial intelligence

Disruption is the new norm

Mike Blalock, General Manager Financial Services, Intel, talks at Sibos 2017 about the transforming financial service sector and the drivers behind it, what trends we can expect to see from 2018, how they will disrupt the sector and how engaging in strategic partnerships will allow banks and service providers to both keep up and flourish next year.

30 October 2017

Finextra TV/Artificial intelligence

Looking towards a more fragmented future

Mike Thrower, Managing Director, Head of Sales, EMEA, Broadridge Financial Solutions, talks at Sibos 2017 about the opportunities presented to banks to accelerate profitable growth through innovation, whether banks’ risks frameworks will face up to the challenges ahead and if markets are coping with increasing regulatory requirements.

30 October 2017

Company update/Artificial intelligence

Credit Suisse kickstarts AI-based stockpicking

Credit Suisse announced today the launch of the Credit Suisse RavenPack Artificial Intelligence Sentiment (AIS) Index, a result of its collaboration with RavenPack to create quantitative investment strategies from news analyses leveraging RavenPack's artificial intelligence algorithms.

30 October 2017