Fintech makes the world go around:

November, 2017

November 29, 2017  8:58 AM

Banks forced to be honest about system glitches until robots can fix them before they reach Twitter

KarlFl40 Profile: KarlFl40

You would think that banks were about to collapse as a result of computer problems some days when you flick through your Twitter feed, but the online noise is often misleading and makes problems appear bigger than they are. But highly public outages will cause banks reputational damage and banks...

November 27, 2017  11:39 AM

UK risks missing out on large share of digital industrial revolution spend

KarlFl40 Profile: KarlFl40

We are currently amid an industrial revolution which is transforming every sector, but uncertainty in the UK brought on by Brexit might mean the UK does not get a good share of the massive tech business opportunity. Britain benefited from the Victorian industrial revolution in the 18th and 19th...

November 24, 2017  10:19 AM

Cash surviving fintech attack and thriving worldwide apart from in Sweden and Norway

KarlFl40 Profile: KarlFl40

The use of cash continues to increase in the world’s economies apart from in the Nordic countries Norway and Sweden, according to a

November 22, 2017  11:06 AM

HSBC, like its competitors, is searching for the Holy Grail of digital banking, Google Bank

KarlFl40 Profile: KarlFl40

The search for the Holy Grail that is Google bank, has been going on ever since digital banking took hold. It makes sense: a company that processes millions of transactions on a daily basis whose bread and butter is making online services user friendly. And it seems consumers want it too. The...

November 21, 2017  12:28 PM

Yet another online banking outage as NatWest goes offline

KarlFl40 Profile: KarlFl40

It’s all very well fully embracing fintech and offering customers access to services wherever they are, but the problem is even the shortest bit of online or mobile service downtime  becomes a potential PR disaster. NatWest  is the latest to have problems with its online banking service down...

November 21, 2017  7:44 AM

Should manufacturing sector workers fear or welcome new information technology?

KarlFl40 Profile: KarlFl40

When technologies known as disruptive are introduced to any industry one thing is usually certain: humans will be replaced. Workers quite rightly worry when their jobs can be done by machines. Employers do little to alleviate these worries with many of them salivating over the huge savings they...

November 15, 2017  9:41 AM

The latest Terminator might say, “I need your clothes, your boots and your job.”

KarlFl40 Profile: KarlFl40

If Arnie’s Terminator walked into a Canary Wharf bar late at night and demanded the job of a back office worker there would be reason to panic. The use of the word robot rather than software creates a bad guy, but software has been...

November 13, 2017  1:31 PM

Some CIOs at FTSE listed companies don’t know what robotic process automation is

KarlFl40 Profile: KarlFl40

With all the articles being published about robots taking over repetitive tasks and transforming the operations in businesses across sectors I find it hard believe that any IT leader is unaware of the robotic process automation (RPA) technology, yet it seems to be the case. I was having a...

November 10, 2017  7:38 AM

SITA Labs trying out mixed reality technology for airline industry

KarlFl40 Profile: KarlFl40

I must admit I have found the application of virtual reality to real life situations in the enterprise space difficult to imagine. It all seems to be around gaming or at least gamification and fully virtual reality is, for me at least, difficult to put into use beyond entertainment. But...

November 7, 2017  4:24 PM

Banks that use artificial intelligence the best will prosper after PSD2

KarlFl40 Profile: KarlFl40

Artificial intelligence technology could help banks retain the important link with customers when open banking arrives in Europe early next year. The more I hear from banks about fintech the more I think they don’t expect to face huge disruption from new companies or from others currently...

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