Europe’s banks have a golden chance to boost #lending to #SMEs by creating products personalised to customers’ needs, for this potentially high-growth market in a post-pandemic recovery. Find more in the whitepaper by @fintech_os#LendingUP! #SMELending
https://t.co/OSBdHj0OVJ
. @BankofAmerica CEO Brian Moynihan sees his firm as a #FinTech on the cutting edge of #DigitalInnovation:"We spend about $3.5bn/year on new code implementation. New products and services are driven by technology."
#DigitalBanking#Payments
https://t.co/wlwK2SRa36
Every financial centre in the @BankofAmerica network will use #VR headsets for training. It will allow 50k employees to practice a range of routine to complex tasks and simulate client interactions through a virtual environment.
#VirtualReality
https://t.co/kgPb3Ce21n
#Banks and tech giants support #CloudComputing as a win-win because of faster, cheaper services, more resilient to hackers and outages. But regulators fear a glitch at one cloud company could bring down key services across multiple banks and countries.
https://t.co/6K3PoGrcpf
#ConsumerLending firm SB Finance picked up @FinScorePh to enhance its #CreditScoring using #AlternativeData: a solution based on 400+ telecommunication variables such as voice usage, top-up patterns, duration of calls and location, among others.
https://t.co/cleWAQxwy1?
With The Digital Transformation #Law, proposed in #Spain, homeowners could use #cryptocurrencies to pay #mortgages, #RealEstate sector could use it to invest in mortgage pools, banks could use #DigitalCurrencies to streamline payments of indemnities.
https://t.co/Fcm2G5YD36
A leader in transforming #FinancialServices through the power of #blockchain technology, @Figure, announced an agreement to merge with @MyHomebridge in a landmark deal that will reshape the technology landscape of the #mortgage industry in the #US.
https://t.co/mcmrIr5cIk
Worried about the rise of #AI? Businesses should rather embrace the chance to unleash a new wave of human #creativity - it can free up time for #innovation and provide new combinations of technologies to enable better ways of working.
With @EYnews
https://t.co/LycooMYzXL
The combination of @Visa's investments in resilience, #cybersecurity and #FraudPrevention and @Tink’s #APIs and technology will arguably help accelerate #OpenBanking adoption in #Europe, by ensuring a secure, reliable platform for innovation.
https://t.co/T4bgW2EBjJ