Banks Will Not Go Extinct As New Technologies Help Them Survive
Bitcoin and cryptocurrency enthusiasts would like nothing more than to see the era of banking come to an end. Not in a negative way with fire and people jumping …
Tag: banking
Unprecedented Transparency Makes Bankers Rethink The Blockchain
Blockchain technology, while appealing to a lot of financial players, is not all that easy to integrate. In fact, various banks are struggling with putting the technology into practice. …
GozNym Banking Trojan Increases Global Reach
August 24, 2016
Finance, News, Security, Technology
Banking Trojans are nothing new under the sun these days. Internet criminals are going after the world’s most vulnerable financial systems, in the hope of getting a big payday. …
World Economic Forum Feels The Time For Blockchain Is Now
To Bitcoin enthusiasts, the deployment of blockchain technology in the financial sector seems t be only a matter of time. While banks will not embrace the open blockchain standard …
Pressured Bankers May Resort To Fraud For Scoring Profits
Fraud is nothing new in the financial sector, as this malpractice has been around since day one. The person responsible rot eh biggest fraud in UK history has warned …
Frank Schwab Is Optimistic About Bitcoin In The Next 10 years
In a somewhat surprising statement, Fintech expert Frank Schwab feels very confident Bitcoin will not go anywhere anytime soon. At the same time, he is also concerned about the …
Thailand Wants To Go Cashless With PromptPay
Thailand may very well become the next country to go cashless if four of the state-run banks and several commercial institutions have a say in it. PromptPay, as this …
Payment Fraud Can Reach New Heights In The Next Three years
June 11, 2016
Finance, News, Security, Technology
Fraud remains one of the key hurdles to overcome in the financial sector. Although card issuers and banks are doing what they can to reimburse customers, proactive action is …
Swift Will Cut Off Banks With Weak Cyber Security
The entire Swift debacle has a lot of entities in the financial world on edge. Especially Swift, the payment network connecting a lot of banks around the world, is …