financial markets

How financial services can see gains with blockchain

For banks and other financial enterprises, collaborative solutions are essential to digital transformation. Yet such firms are often caught in the “prisoner’s dilemma,” meaning they fail to cooperate even when it would be beneficial. The concept stems from the lack of trust between two prisoners being questioned separately by the police: because they distrust each […]

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How blockchain can build trust in the financial ecosystem

Having grown up in a formerly communist country, I have seen how the whole society suffered from a lack of trust—of each other and especially of the authorities. I now see that same lack of trust within the financial services sector between users, authorities and other stakeholders. And I think technology can also disrupt trust. […]

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How high-tech blockchain is creating new payment opportunities

A time to experiment In the eyes of Santander’s corporate Innovation Group, which I lead, the year 2015 stands as a kind of turning point in the way the industry was looking at innovation. There was, in many ways, a deepening awareness that there were technologies coming onto the scene that would change the banking […]

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How banks and blockchain offer new trading opportunities

A question of risk Call it a dilemma, or a vicious circle, or better yet, a Catch-22. It’s what most small companies face when they first look to engage in international trading. On its face, international trade is about buying and selling across national borders, representing new market opportunities. But like most opportunities, international trading […]

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How high-tech AI is helping stop real-time payment fraud

The New Payments Platform (NPP) opened up an opportunity for Indue to reinvent our financial crimes service due to the potential increased risk with NPP over traditional channels. Our relationship with the IBM Safer Payments solution has resulted in the following benefits: Lower false positive rates by 20% improvement ability to make rule changes 90% faster […]

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How cloud technology is helping boost home ownership

A rickshaw driver in Mumbai. The owner of a food stall in Badlapur. A corporate executive in Chennai. As different as they are, these people have at least one thing in common: they are all now homeowners thanks to loans from DHFL. Owning a home is everyone’s dream and it’s not always easy to own […]

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How to succeed as an AI and blockchain startup

If you haven’t met Sia, perhaps you should get to know her. Sia is a digital AI assistant who helps make sense of the deluge of unstructured data. My company, Opentopic, a 25-employee startup, developed Sia for people who work in the financial services industry. Powered by IBM Watson and blockchain, purple-haired Sia won’t tell […]

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