banking
Sending money isn’t what it used to be: you no longer even have to leave the comfort of your home to have cash delivered into a family member’s hands thousands of miles away. Digital banks have also seen a similar revolution, allowing you to open a bank account from the comfort of your couch all from your phone. These 2 financial revolutions aren’t that different and a combination of these 2 technologies could lead to the future of both: will digital remittance services become the banks of tomorrow? Q3 2021 hedge fund letters, conferences and more Could Digital Remittances Adopt The Unbanked?I...
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The banking industry is changing and the biggest banks in the U.S. are dominating, in part because of their use of financial technologyIn the first quarter, four U.S. big banks saw deposits of $1 trillionBusiness banking is increasingly global and offshore banking is becoming more popular with entrepreneursThe banking industry is evolving and it appears that the commercial banking industry will be increasingly dominated by the biggest banks in the United States because of their access to financial technology. They can expand at no or very little marginal cost, and use information technology to...
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Gamification may be a modern buzzword in business these days, but there’s nothing new about the idea that we learn from play.Q2 2020 hedge fund letters, conferences and moreFrom team sports to puzzles and video games, people love games. By applying game mechanics to boring or stressful activities, they can be made engaging and even fun. Sometimes, they can also lead to real-life changes in behavior.What is gamification?Gamification uses gameplay principles and game design elements, such as scoring, winning, and competing, in a non-game environment. When used correctly, gaming elements can help...
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AI in Banking: CEO of Fraud Management Solution Speaks About Working with 15 Top US BanksQ2 2020 hedge fund letters, conferences and moreVisa unveiling its powerful AI tool that approves/denies card transactions clearly reflects the growing use of AI in banking. As we turn to deep-learning applications to makes more accurate decisions on behalf of banks experiencing network disruptions, DataVisor, an advanced fraud management solution who is working with 15 of the top banks in the US shares his thoughts.The Advantages Of Using AI In BankingYinglian Xie is CEO and Co-Founder of DataVisor says:"...
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