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2017 Innovators to Watch: 44 Executives Shaping the Future of Banking

Bank Innovation

2017 was a tumultuous year, but despite some stops and starts, innovation in finance is only gaining more momentum.

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Bank Innovation’s Picks for Top 5 Trends in Fintech in 2017

Bank Innovation

EXCLUSIVE — The year of 2017 has been marked with more than a few good and not-so-good trends: but we’ll stick to fintech.

Trends 352
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Alibaba Bets Billions On Online Grocery In China

PYMNTS

In a quest to dominate online food shopping in China, Alibaba invested $3.6 billion for a controlling stake in the hypermarket operator Sun Art Retail Group , Alibaba said in a statement on Monday (Oct. China’s biggest online shopping event since COVID-19 — the annual 618 sale — netted a combined $136.5 19) CNN report.

Online 231
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Things worth reading: 30th May 2017

Chris Skinner

Things we’re reading today include … Brexit: French officials in ‘serious’ talks with banks about leaving London Singapore’s central bank fines Credit Suisse, UOB over AML breaches Are banks about to operate completely online? The post Things worth reading: 30th May 2017 appeared first on Chris Skinner's blog.

Analytics 157
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AI/BOTS: Machine Learning Tips Online Fraud Scales

PYMNTS

Within the retail industry specifically, artificial intelligence (AI) is moving the ball for a lot of merchants looking to not only streamline their business operations but provide a more personalized experience for consumers. In 2016, online financial fraud hit 15.4

Fraud 196
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Wirecard Linked To Mafia Money Laundering

PYMNTS

Scandal-plagued German FinTech pioneer Wirecard counted among its payments processing clients an online casino that laundered money for an arm of “one of Europe’s most dangerous mafia organizations,” the Financial Times reported on Monday (August 3). ‘Ndrangheta operates from the Calabria region in Southern Italy.

Regional 362
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What’s the State of Banking Innovation in 2017?

Bank Innovation

What is the state of banking innovation today? Each year, we poll the industry to find out. Fintech funding has grown tougher for startups, but banks’ balance sheets are looking stronger– what does it mean for innovation?