Blog posts tagged "fintech"
The adoption of AI/ML in financial services is increasing as companies seek to drive more robust, data-driven decision processes as part of their digital transformation journey. For global banking, McKinsey estimates that AI technologies could potentially deliver up to $1 trillion of additional value each year. But productionising machine
Financial Institutions (FIs) need to respond with agility and business velocity to keep pace with changing economic conditions. Yet, emerging competition from fintechs and challenger banks and increasing customer expectations is making this task difficult, especially as regulatory and compliance requirements increase. Embracing the next p
The pandemic has accelerated the trend toward remote working environments but it also pushed governance and security issues to the top of the priority list for IT departments within financial institutions. Employees, and developers in particular, need the technological agility to work remotely given the hybrid workplace model being adopte
The use of cloud computing by financial institutions has significantly increased in the last few years, a trend that was further accelerated by the COVID-19 pandemic. In the next few years, financial institutions will need to continuously balance the pressure to innovate quickly while managing risk and combating financial crime. Accordin
The fintech ecosystem is flourishing and exciting things are happening these days at the intersection of digital technology and financial services – thanks in part to an infusion of global fintech investment that reached US$98 billion across 2,456 deals in H1’21. This far outpaces last year’s annual total of $121.5 billion across 3,520 de
What is Open Source Strategy Forum? The Open Source Strategy Forum (OSSF) is a one-day conference for experts across financial services, technology and open source to deepen collaboration and drive innovation in the financial services industry. This year, Open Source Strategy Forum is live and in-person in London organised by the Linux Fo
The Ubuntu in the wild blog post ropes in the latest highlights about Ubuntu and Canonical around the world on a bi-weekly basis.
The future of Fintech infrastructure is hybrid multi-cloud. Using private and public cloud infrastructure at the same time allows financial institutions to optimise their CapEx and OpEx costs. Why Private clouds? A private cloud is an integral part of a hybrid multi-cloud strategy for financial services organisations. It enables financial
The financial services (FS) industry is going through a period of change and disruption. Technology innovation has provided the means for financial institutions to reimagine the way in which they operate and interact with their customers, employees and the wider ecosystem. One significant area of development is the utilisation of artific
Earlier this month, Canonical, IBM and FinTech specialists Medici held a joint roundtable in New York for executives within the financial services sector to hear and discuss their pain points, the most prominent emerging technologies and what the future holds. Entitled ‘Graduating from FinTech to FinServ’, the roundtable was hosted by Ros
Title: Emerging Trends in Financial Services: IoT, AI, and Blockchain Speakers: Mark Baker (Canonical), John Erik Setsaas (Signicat), Wincie Wong (RBS), Vivek Bajaj (IBM) Date/Time: June 5, 7:30AM EST / 12:30PM BST The world of money is constantly changing. Artificial intelligence and the Internet of Things have helped us extract more v
Big movements took place in the space of IoT last year from voice-controlled home assistants to block chain solutions. As we enter 2017, Maarten Ectors has put together predictions across the IoT ecosystem that will shape the way industries interact with the online world. We saw big movements in the space of IoT last year