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Six Keys to Meaningful Evaluation of New Financial Technology

Jack Henry

Banking and securities lead all industry sectors in terms of average IT spending as a percentage of revenue, at nearly 8%, according to a 2018 Deloitte study. Global IT spending in the banking sector during 2021 is estimated to be nearly $300B.

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IMF’s Lagarde Calls Out FinTech As Industry Disruptors

PYMNTS

Reuters reported Lagarde said that technology companies’ use of big data and AI i ncreases big tech companies’ dominance in the mobile payments market, which could result in policymakers around the world rethinking how they regulate the banking system and how they ensure financial settlements are made safely and securely. “A

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AI, Security And Loosened Rules: How The US Wants To Boost FinTech

PYMNTS

financial technology efforts. In addition, there is increased lawmaker attention to promote innovation among non-bank providers of new payments and payment-related technology, and more consumer concern about online and data security. financial system around a set of core principles. AI And Data Security.

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ATM tech, security, Bitcoin ATMs earn top spots in 2021 blogs

ATM Marketplace

Every year we at ATM Marketplace get qualified blogs from thought leaders in the ATM and financial technology industries. 2021 was no exception as bloggers covered topics ranging from Bitcoin ATMs to skimmers to biometrics.

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Fed Task Force Releases Payment Lifecycles And Security Profiles

PYMNTS

Through the collaborative efforts of those with backgrounds in payments and security, the Federal Reserve’s Secure Payments Task Force has published “Payment Lifecycles and Security Profiles.” They also cover security methods — and identity management controls — along with relevant laws and regulations, among other topics.

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Intel Secures AI Partnerships For FinServ, Supply Chains

PYMNTS

4) said Chinese technology firm Baidu is working with Intel to combine their artificial intelligence and cloud technologies. The companies plan to apply their initiatives to a range of industries, including financial services (FinServ) and shipping. A press release on Tuesday (Sept. Those clouds run on Intel processors.

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Fintech Deals to Watch: Fall Festivities

Gonzobanker

Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Core: Core-n Mazes and Hayrides FIS acquired embedded finance provider Bond Financial Technologies and announced plans to spin off merchant solutions (to be named Worldpay ). for automated underwriting.

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