7 years ago066
Wells Fargo installed cardless ATMs in 13,000 locations earlier this year.
A major challenge for banks is educating consumers on protecting their information.
At some major banks, you no longer need to have your debit card in hand to use the ATM. But that won't necessarily protect your account from fraudsters.
Several...
7 years ago046Financial technology firms in Brazil are targeting lending to small- and mid-sized companies to fill a gap in the credit market left by large lenders deterred by rising delinquencies and narrow margins.
Fintech firms in Brazil have been growing fast in sectors such as consumer lending and credit cards, seeking to undercut some of the...
7 years ago079Tech giant IBM is building a blockchain-based platform for seven big European banks, including HSBC and Deutsche Bank, that is aimed at simplifying trade finance transactions for small- and medium-sized companies.
Trade finance was identified by a survey of banks carried out by IBM and the Economist Intelligence Unit last year as one...
8 years ago058Banks and other financial institutions are adopting blockchain technology "dramatically faster" than initially expected, with 15 percent of top global banks intending to roll out full-scale, commercial blockchain products in 2017, IBM said on Wednesday.
The technology company said 65 percent of banks expected to have blockchain...