Internet of Things

40 articles tagged with this keyword

/payments

MPE 2024: What does a smart city look like?

In a keynote presentation at Merchant Payments Ecosystem 2024 in Berlin, Hemlata Narasimhan, president of Elavon explored what a smart city could look like in 2030, using Venice, Italy as a case study.

/cloud

Vodafone strikes $1.5 billion cloud and GenAI deal with Microsoft

Vodafone has struck an agreement with Microsoft to invest $1.5 billion over the next ten years to develop new digital and financial services for businesses and consumers.

/payments

Samsung unveils card that can be physically tracked

A new Samsung American Express credit card lets South Korean customers track its physical location through the tech giant's SmartThings Find IoT platform.

/crypto

Brazil central bank picks digital real challenge partners

Brazil's central bank has picked project proposals from nine firms - including Santander, Visa and Bitcoin Market - for a challenge investigating the development of a CBDC.

/payments

MUFG shutters blockchain-based payments network

Mitsubishi UFJ has pulled the plug on its blockchain-based online payment network, Global Open Network Japan (GO-NET Japan), citing the "recent hard business environment" for payments.

/sustainable

City of London policy chair hails UK capital as a centre of green finance

This week, the FCA and the City of London Corporation held a demo day for its Sustainability Cohort initiative, which aims to further green the financial sector and catalyse the transition to net zero.

/sustainable

GDFA launches first ever green fintech taxonomy

The world’s first green fintech taxonomy has today been launched by the Green Digital Finance Alliance (GDFA) and the Swiss Green Fintech network, at the Building Bridges Summit in Geneva.

/Sibos

Sibos 2021: What will Industry 4.0 and 5.0 mean for the financial sector?

Opening Swift Innotribe’s red thread – Banking on Change – on day one of Sibos 2021, was theoretical physicist, futurist and science communicator, Dr Michio Kaku. Known best for his seminal work on string theory, Kaku analysed science’s contribution to wealth generation since the first industrial revolution, and made predictions as to how further technological innovation, particularly artificial intelligence (AI), will steer the financial services sector through the fourth and fifth industrial revolutions, this century.

/sustainable

BIS to investigate tokenised green bonds

The Bank for International Settlements Innovation Hub has started its first green finance project, Genesis, which will explore the tokenisation of green bonds enabling investment in small denominations, combined with real-time tracking of environmental outputs.

/payments

Digiseq enables users to pair their chip cards to a wearable with a phone tap

Digiseq is announcing a wearables breakthrough through a mobile app that can turn any supported object embedded with an NFC chip into a contactless payment device.

/payments

Davos 2021: Private and public cooperation is driving digital across MENA

Finextra is at Davos this year, covering global insights into the impact fintech has on wider issues such as responding to Covid-19, restoring economic growth and advancing a new social contract.

/sustainable

More maturity needed from AI, DLT and IoT to power sustainable finance data

The executive director of Green Digital Finance Alliance, a partnership between Ant Financial and the UN Environment Programme, has told Finextra Research about the mixed picture in being able to harness new technology to collect and tap into the data required to drive investment for sustainable goals.

/payments

Mastercard opens Vancouver intelligence and cyber centre

Mastercard has opened an intelligence and cyber centre in Vancouver, housing 380 new employees working on areas such as security, AI and the Internet of Things.

/Internet of Things

Will trust woes undermine Open Banking under PSD2?

In a roundtable discussion held Wednesday in London hosted by digital payments firm PPRO, industry leaders met to explore the impact PSD2 has imposed on key players in Open Banking and the changes needed to achieve the regulation’s objective in 2020 and beyond.

/Internet of Things

If you can’t beat them, join them: Fintech partnerships are here to stay

With commercial models, value chains and M&A activity emerging as a leading theme of Money 20/20’s upcoming conference in Las Vegas, we explore how financial institutions are leveraging the opportunity to collaborate with incumbents and disruptors across the space.

/Internet of Things

AI, cloud, blockchain and beyond: Changing the financial world individually and in tandem

AI, cloud, blockchain and quantum computing form some of the pillars the much-discussed Fourth Industrial Revolution, with financial services watching on in anticipation of the disruption they promise in the years ahead.

/Internet of Things

IoT and blockchain to the fore in CIMB trade finance transaction

The Singapore branch of CIMB Bank Berhad has completed a trade financing transaction for the import of dairy products into China using IoT cargo sensors and a distributed ledger platform from blockchain firm iTrust.

/Internet of Things

Deutsche Bank dives into 'Blue Water Fintech Space'

Deutsche Bank is looking to tap into China's burgeoning startup and innovation ecosystem with the opening of its first innovation hub, 'Blue Water Fintech Space', in Shanghai.

/Internet of Things

Citi Ventures invests in Car IQ

Citi Ventures has joined a $5 million funding round in vehicle payment technology startup Car IQ.

/ai

Emirates NBD taps AWS for AI-enabled bank

Emirates NBD is using Amazon Web Services (AWS) machine learning and data analytics technology to help build a "bank of the future".