Excellent customer experience requires better credit-card fraud-detection tools for international and domestic travel bookings Of the many areas in financial services that could benefit from machine learning, credit-card fraud detection must be high on the list. Last year, card fraud reached $9.37 billion in the United States (36% of the global total) and is expected to … [Read more...] about Credit-Card Fraud Detection: Customer Experience Rules
payments
Chicago Payments Influencers 2019: Winter Meet Up and Demos
The payments industry is off to a bang in 2019, with Fiserv buying First Data for $22 billion after a year of record FinTech investment. Security, B2B payments innovation, and blockchain technology remain top concerns for the year. Come see how Chicago payments firms and influencers have to say 5:30 - 8:00 pm, Wed., Feb. 20 at 227 W. Monroe 52nd floor, Chicago. That's the … [Read more...] about Chicago Payments Influencers 2019: Winter Meet Up and Demos
Treasury and Bitcoin
The U.S. Department of the Treasury issues its FinTech report as bitcoin gains institutional momentum. Given all the attention to cryptoasset trading over the past two weeks, it's a bit strange that the U.S. Department of the Treasury makes no mention of it in its long-awaited FinTech report (PDF). Yet bitcoin was designed and is used as a cryptocurrency, and Treasury and its … [Read more...] about Treasury and Bitcoin
Party, Panic, Pay
FINTECH ARTICLES OF THE WEEK 03/11/16 "The FinTech party's just getting started," two entrepreneurs and innovators write, while a senior economic analyst notes that banking is ripe for disruption because many services "aren't done very well." This week's FinTech news also brings a call for FinTech regulation and reports on mobile-payments friction. Meanwhile, Institutional … [Read more...] about Party, Panic, Pay
FinTech Adoption
FINTECH ARTICLES OF THE WEEK 02/16/16 Banks continue trying to discern whether blockchain technology is an asset or liability, early FinTech adoption continues to skew toward the urban, young, and tech-savvy population, while security tops a list of 2016 FinTech concerns. EY FinTech Adoption Index lays out key trends The early FinTech adopters are typically young, high … [Read more...] about FinTech Adoption
Finance Tweets of the Week 10-11-14
Let's put things into perspective: the world's three biggest economies for the past 2000 years http://t.co/edxZSr1i14 pic.twitter.com/qjD5NDZzS1 — The Economist (@TheEconomist) October 9, 2014 Guess who wins @BIS_org: The redistributive effects of financial deregulation: wall street v main street - http://t.co/s8iex54UWb — Collin Canright (@collincanright) October 9, … [Read more...] about Finance Tweets of the Week 10-11-14