With its acquisition of 70 percent of GoPay, a domestic payments provider in China, PayPal is all set to enter China’s payment services market which is currently dominated by Tencent…
Category:
BFSI
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Investment in cyber security is now an investment priority for nearly three quarters (70 per cent) banks in the United Kingdom, according to research from Lloyds Bank. The survey report…
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As much as 15% of banks’ global payments revenue, or US$280 billion, is likely be displaced by the growth of digital payments and competition from non-banks, as payments become more…
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Blockchain Deployments Across Financial Services Ecosystems Are At Least Three Years Away
by CIO AXISBlockchain Standards Are Highly Fragmented; No More Than Four Standards Will Dominate the Market Lack of interoperability standards will prevent pervasive blockchain deployment across financial services ecosystems for at least…
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The 2019 Gartner, Inc. Hype Cycle for Blockchain Business shows that the business impact of blockchain will be transformational across most industries within five to 10 years. “Even though they…
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The Bank’s chatbot, YES ROBOT, reinvigorated with Microsoft’s cognitive services YES BANK has partnered with Microsoft to strengthen its first of its kind, AI enabled chatbot, YES ROBOT, with advanced…
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Paytm Money, the wholly-owned subsidiary of One97 Communications Limited that operates Paytm, has elevated Pravin Jadhav as Managing Director and chief executive officer. “In last one year, under Pravin’s leadership,…
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Solution to create a seamless and reliable customer experience Tech Mahindra and Adjoint have announced industry’s first Blockchain solution for secure enterprise financial management and insurance services across locations to…