Posts Tagged ‘banks’
Fintechist Major Aussie banks Fintech

Two Major Australian Banks Unveil new Fintech Features

by JP Buntinxon September 5, 2017
All major Australian banks have been working on new fintech solutions for some time now. These efforts have taken place behind the scenes over the past few years. Two of these banks are now ready to unveil some new features for their customers. ANZ Bank is focused on voice-based identity services, which will bring additional […]
Fintechist Blockchain Letter of Credit

Chinese Banks Unveil Blockchain-based Letter of Credit System

by JP Buntinxon July 27, 2017
Blockchain technology has a bright future in the world of finance. It remains to be seen how different institutions plan to embrace this technology, though. China CITIC Bank and Minsheng bank use the blockchain to create a letter of credit system. Both companies announced this system not too long ago. One of the first transactions […]

Blockchain Job Creation

Banks And Tech Companies Prepare For Huge Blockchain Job Market

by JP Buntinxon September 4, 2016
Most people automatically assume blockchain technology and cryptocurrency will result in job losses. While it is true a good amount of processes can be automated, there will be newer jobs on the horizon. In fact, most of the major US banks are scrambling to increase their staff. That is, assuming they have some affinity with […]
Digital Strategy Mobile

Financial Institutions Need To Have A Mobile Strategy

by JP Buntinxon June 22, 2016
The mobile ecosystem remains the focus of attention for most of the Fintech startups in existence today. Committing to this new platform is more of a gamble than most companies think it is, though. Bank of America, of all institutions, is very open about their mobile strategy. Big data will play a fundamental role in […]

Fintechist_CAD-Coin Bitcoin DLT

CAD-Coin Could Become Canada’s Answer To Bitcoin

by JP Buntinxon June 18, 2016
Various financial institutions around the world are working on grasping blockchain technology and what it can do. The Bank of Canada is working on issuing their own digital currency. Unlike Bitcoin and other types of cryptocurrency, CAD-Coin will be centralized and controlled. This project is a collaboration between Canadian banks and the R3 blockchain consortium. […]
Fintechist_Future of Banking Artificial Intelligence Blockchain

Banks Are Turning Towards Blockchain And Artificial Intelligence

by JP Buntinxon June 6, 2016
Financial institutions all over the world are keeping a close eye on financial innovation these days. Blockchain technology and artificial intelligence both seem to be gaining importance. However, neither solution is cheap, and the price tag could be a significant entry barrier for a lot of players. Artificial intelligence has been referred to as a […]