Tag: financial

3 Ways Small Businesses Can Quickly Embrace AI Without Big Data or Programmers

3 Ways Small Businesses Can Quickly Embrace AI Without Big Data or Programmers

When AI was first launched, it was perceived as a technology that could revolutionize business models by creating a full understanding of a clients’ profile and their needs. It would be a must-have technology for large businesses to boost their balances and a magic tool for small business owners to remove barriers between their product or service and the final user — using the right data, of course.

Vishing At The Ritz: There’s A New Type Of Cybercrime In Town

Vishing At The Ritz: There’s A New Type Of Cybercrime In Town

Cybercrime – There’s another clever fraud tactic to add to your library of security threats. Imagine a call or voice message that appears to come from a trusted source but is really a disguised attempt to compromise your identity, credentials or financial information. More of a social engineering scheme than a vulnerability, “vishing” is a highly effective and targeted form of phishing that uses voice as a means to lure victims into disclosing private information.

IoT Investment Is Not Just About The Money — It's About The Time

IoT Investment Is Not Just About The Money — It’s About The Time

In 2019, Vodafone’s annual Internet of Things (IoT) barometer (registration required) reported with optimism about the impact of the IoT as adoption surged during the year. After surveying close to 1,500 qualified executives involved in shaping their company’s IoT strategy, suppliers and requirements across a variety of industries and regions, Vodafone found some 34% were already using IoT solutions, and of those, some 76% described their IoT project as mission-critical.

EU Strikes Stimulus Deal; Bitcoin Price Rallies

EU Strikes Stimulus Deal; Bitcoin Price Rallies

Bitcoin – Last night, the European leaders agreed to pass a historic stimulus of €750 billion euros ($858 billion dollars). The recovery fund’s goal is to rebuild the EU economies ravaged by COVID-19. The European Commission plans to raise the money in the financial markets, rather than injecting new money into the system. Approximately half…
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How One Fintech Unicorn Became A Fashion Destination

How One Fintech Unicorn Became A Fashion Destination

As the world moves rapidly online, the distinction between B2B and B2C is becoming increasingly hazy. Today, consumers have more visibility and connection to businesses further up the value chain. And smart businesses are taking advantage of this direct relationship to become more relevant to a new audience. One business that is leveraging its B2B…
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What Conversations With 15 FinTech CEOs Revealed

What Conversations With 15 FinTech CEOs Revealed

A month ago, my investment banking group hosted Rosenblatt’s 12th annual FinTech summit, bringing together 400 investors and senior industry executives from the US, UK, Europe, India, Hong Kong, and Singapore. There were three panel discussions on cutting-edge FinTech topics with the CEOs of 15 leading FinTechs. Here are salient points discussed during each of…
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How machine learning finds anomalies to catch financial cybercriminals

How machine learning finds anomalies to catch financial cybercriminals

In the last few months, millions of dollars have been stolen from unemployment systems during this time of immense pressure due to coronavirus-related claims. A skilled ring of international fraudsters has been submitting false unemployment claims for individuals that still have steady work. The attackers use previously acquired Personally Identifiable Information (PII) such as social…
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5 Fintech Stocks to Watch Out Amid Coronavirus Crisis

5 Fintech Stocks to Watch Out Amid Coronavirus Crisis

FinTech – The coronavirus pandemic disrupted supply chains and hampered economic growth. And in order to curb its impact on the economy, the government implemented a stay-at-home order. This has facilitated fintech firms as digital payments are taking precedence over cash purchases amid lockdown. Moreover, an emerging trend in financial services has been observed with…
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How To Improve The Financial Services Industry With Artificial Intelligence And Blockchain

How To Improve The Financial Services Industry With Artificial Intelligence And Blockchain

Blockchain and artificial intelligence (AI) solve different tasks, but they can work together to improve many processes in the financial services industry, from customer service to loan application reviews and payment processing. Adopting AI and blockchain technologies can make your financial sector smarter and help it to perform more effectively. Blockchains can provide transparency and…
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Fintech Apps Offer Financial First Aid For Hardest-Hit Consumers

Fintech Apps Offer Financial First Aid For Hardest-Hit Consumers

FinTech – On March 18, 2020, a couple of days after New York City public schools closed due to the coronavirus, Jasmine Freeman Jones had to resign from her crossing-guard job to take care of her children. Her rent on her Brooklyn apartment was overdue, and she worried about her kids’ education. Although the city…
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