Chris Skinner

AUGUST 18, 2019

If you are a customer of Chinese financial services group Ping An, … The post AI is not a technology change but a cultural one appeared first on Chris Skinner's blog. It’s actually more about the Chinese internet giant Ping An, and how they’re changing finance using AI.

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The Paypers

NOVEMBER 20, 2024

India-based technology consulting firm LTIMindtree has extended its partnership with Nexi Group to improve the former’s core technology platforms and infrastructure.

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PYMNTS

AUGUST 14, 2020

Ahead of an intended initial public offering (IPO), Alibaba Group Holding’s Ant Group has conducted a preliminary filing with the securities watchdog of China, Reuters reported. The news service reported that the move hints that the two Chinese investment institutions will be heading up the group’s onshore offering.

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The Paypers

MARCH 19, 2024

Ant Group Digital Technologies has partnered with Bank CenterCredit (BCC) to explore digital solutions and deliver faster and more reliable services to end users.

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CFPB Monitor

JANUARY 22, 2024

On January 11, 2024, the House Financial Services Committee announced the formation of a bipartisan Working Group on Artificial Intelligence (“AI”). The working group is to be led by the Chairman of the Digital Assets Financial Technology and Inclusion Subcommittee, French Hill, along with the Subcommittee ranking member Stephen Lynch.

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Bank Innovation

AUGUST 23, 2017

A representative of Fosun Group, which, at $13.1 billion, is China’s largest private investment conglomerate, has confirmed that it has invested “tens of millions of yuan,” or multi-millions of US dollars, into a Shanghai-based startup responsible for a local blockchain technology platform.

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PYMNTS

DECEMBER 23, 2020

In the wake of the collapse of its initial public offering of stock (IPO), China’s Ant Group is scaling back the borrowing limits for some of the young users of Huabei. That arm of the financial technology (FinTech) giant offers a virtual credit card. Now, the future of Ant Group is up for debate. The company did not elaborate.

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PYMNTS

OCTOBER 8, 2020

As cloud technologies emerge to help financial institutions (FIs) drive digital innovation, Finastra has introduced its Fusion Payments To Go offering for small and medium-sized banks. Linear Capital served as the head investor, while additional help originated from KZM & Company Group. RootAnt Finishes Seed Round With $1.46M.

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The Paypers

NOVEMBER 27, 2023

Codebase Technologies has announced a strategic joint Banking-as-a-Service (BaaS) venture with Egypt-based eFinance Investment Group , a payment and digital banking tech company, and Visa.

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PYMNTS

DECEMBER 20, 2020

Alibaba billionaire Jack Ma told Chinese regulators in November that he would give portions of Ant Group , the FinTech he founded, to the country's government in what so far has appeared to be an unsuccessful effort to make peace with authorities in the country, The Wall Street Journal (WSJ) reported.

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PYMNTS

NOVEMBER 5, 2020

Ant Group 's initial public offering (IPO) could be delayed by six months and its valuation reduced by quite a lot after its delay this week, a report from the Financial Times says, as new regulations come into play. 3), one day after Beijing debuted a set of regulations that would have forced Ant Group to re-do its business model.

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PYMNTS

OCTOBER 1, 2020

Global payment solutions provider Castles Technology has acquired Spire Payments , a provider of electronic funds transfer at point of sale (EFTPOS) systems, the company announced in a Thursday (Oct. Castles Technology customers will benefit from having a local presence and more access to the new technology. 1) press release.

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Perficient

AUGUST 5, 2020

New Technology and Impressive Clients Amplify Career Growth. “Most of us work from our downtown office and we are an interesting group of people.” I have learned new technology and improved interpersonal skills. If someone is passionate about technology and wants to build a career in it, LDC is the place to be.

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The Paypers

SEPTEMBER 8, 2023

China-based Ant Group Digital Technologies has launched the ZAN brand to offer blockchain application development products and services.

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PYMNTS

SEPTEMBER 18, 2020

The chairman of a European industry trade group has warned the uneven rollout of 5G wireless technology could hurt companies. The ERT is composed of 55 of the region’s largest industrial and technological companies who have combined annual revenues of more than 2 trillion euros ($2.4 In a tweet Friday (Sept.

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PYMNTS

DECEMBER 1, 2020

Germany-based Aareal Bank Group is rolling out its Aareal Exchange & Payment Platform (AEPP) offering. The technology enables automated and efficient payment management workflows, while letting institutional landlords satisfy the rising interest in alternative ways to pay by a number of tenants. 1) announcement. "We

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PYMNTS

JANUARY 7, 2021

China’s Ant Group is mulling the creation of a new consumer loan unit that would allow it to continue making loans throughout the country while complying with new Chinese banking regulations. Ant Group had planned to go public for $35 billion, which would have made it the largest IPO in market history. China TransInfo Technology Corp.

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PYMNTS

OCTOBER 22, 2020

If so, Chinese FinTech Ant Group has a deal for you. As Ant Group is on the verge of launching a blockbuster, $35 billion IPO , its blockchain business, AntChain, has unveiled a new platform designed to help those on the creative side of the aisle protect their work from poachers.

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PYMNTS

OCTOBER 22, 2020

Ant Group has won the nod from China's top security regulators for its Shanghai offering, the last hurdle to clear for the $35 billion dual listing, Reuters reports. Ant, the FinTech backed by China's Alibaba Group, plans to list simultaneously in Hong Kong and Shanghai in the next few weeks, according to sources quoted by Reuters.

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PYMNTS

MARCH 26, 2019

The Federal Reserve Bank of New York has announced the creation of the Fintech Advisory Group to bridge the communication gap between the FinTech industry and consumer organizations, the organization said in a release. The group plans to hold its first meeting on April 1. Members will participate on a rotational basis.”.

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PYMNTS

JANUARY 6, 2021

Chinese regulators want billionaire Jack Ma to share consumer-credit data collected from his financial technology company Ant Group , which he's largely resisted doing for years, The Wall Street Journal (WSJ) reports. Ma has little room to bargain at this point after the drubbing his empire has taken in recent months.

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Payments Source

MARCH 10, 2021

The Arizona Fintech Council, an organization of banks, economic and technology groups, will encourage collaboration and access to the state's regulatory sandbox to promote a version of Europe's open banking policy in the U.S.

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Bank Innovation

JUNE 1, 2017

Bank Innovation is launching a Meetup group, where we plan to organize networking events, with insightful panels and (of course) happy hours. We guide innovation professionals to better results, and highlight new technologies that deserve attention. A developer, or a blockchain champion? We want to meet you! And […].

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PYMNTS

FEBRUARY 14, 2020

CIT Group Inc. Technology and equipment vendors can be live in a matter of minutes, offering real-time POS lending with little or no integration needed. “As has debuted a new version of its B2B point-of-sale (POS) lending platform to help enable real-time lending for business purchases, the company said in an announcement.

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PYMNTS

JANUARY 28, 2021

Neiman Marcus Group (NMG) is making investments in its supply chain, technology, merchandising and personnel, which it says will transform the shopper experience at Bergdorf Goodman and Neiman Marcus, according to an announcement. NMG is investing $85 million gross in its supply chain, particularly systems and fulfillment hubs.

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PYMNTS

DECEMBER 16, 2020

Benetton Group , an Italian fashion company, is teaming once more with retail market intelligence firm EDITED as an "essential platform" for its future three-year roadmap, according to a Wednesday (Dec. 16) announcement. “As

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PYMNTS

SEPTEMBER 14, 2020

has said that it was chosen to be ByteDance’s “trusted technology provider” that will take over TikTok's American operations, and Alibaba is considering an investment in Grab. Plus, new regulations in China will make Ant Group support any payments, lending or finances with substantial funds. Technology Provider’. 14) after U.S.

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Technology Groups US Payments 148

Gonzobanker

JANUARY 4, 2023

Back in the day, when I was the CIO of a bank, we had a Technology Plan. It was a single document that had every aspect of the bank’s technology goals for the year – hardware, software, vendors, projects (all led by information technology, or IT, by the way) – the entire bank IT budget. John Brunner.

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PYMNTS

JULY 22, 2020

A new advocacy group dedicated to direct-to-consumer retail was announced this week with representation from Google and several major retailers including QVC, Brooks Brothers and Lane Bryant. The Collective was conceived by Fayez Mohamood , co-founder and CEO of retail technology company Bluecore.

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PYMNTS

SEPTEMBER 30, 2018

Ripple , the blockchain startup, is heading up a new cryptocurrency lobbying group called Securing America’s Internet of Value Coalition. Coindesk noted that most of the members of the new lobbying group have ties to Ripple. Its founder is the former chief technology officer at Ripple. Coindesk pointed to Coil as one example.

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PYMNTS

JANUARY 9, 2019

Many carmakers have softened their stances on driverless technology because they’re not sure if the tech is quite ready for the mainstream. Major car manufacturers like Ford, Toyota and Volvo say they’re skeptical about Level 3 tech, and say it’s safer to wait for better technology that wouldn’t require human intervention.

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PYMNTS

DECEMBER 18, 2019

To create and promote the adoption of a new royalty-free connectivity standard to make smart home products more compatible with security as a design tenet, Amazon, Google, Apple and the Zigbee Alliance unveiled a new working group. 18 announcement. .

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PYMNTS

SEPTEMBER 23, 2020

Senior citizens are the demographic group most vulnerable to identity fraud, as they are often not as digitally savvy as their younger counterparts nor as adept in online security best practices. Technologies like video onboarding and AI have shown promise in facing this threat, but each is vulnerable when deployed alone.

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Technology Report Fraud Study 208

PYMNTS

JANUARY 15, 2021

The Hudson Group plans to add Amazon’s Just Walk Out technology to some of the popular convenience stores the chain operates at more than 1,000 North American airports, train stations and other landmarks and tourist destinations. . Checkout-Less Retail Is Becoming A Reality .

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Payments Dive

MAY 15, 2018

Christie Rice, director of the worldwide global digital signage and interactive kiosk segment for the Internet of Things Group at Intel, talks about her company's work with so many of the technologies that enable interactive customer experiences of today — and tomorrow.

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PYMNTS

APRIL 5, 2019

A new blockchain association has been created to promote the adoption of the technology across the European Union. The group — the International Association of Trusted Blockchain Applications ( INATBA ) — officially launched on April 3 in Brussels and includes SWIFT, IBM, Ripple and around 100 other companies and organizations.

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PYMNTS

JUNE 17, 2020

As the chief operating officer and co-founder of Copenhagen-based Astralis Group , Jakob Lund Kristensen walks both sides of the eSports line. Astralis is a group of eSports teams that is pioneering the approach to the eSports industry by treating its gamers like athletes.

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