Future of Money

Digital Transformation in Banking

Digital Transformation in Banking by Essentials is the daily digest that only curates the most insightful news from trusted experts in the industry of online banking. Discover all the latest in digital banking trends, find out what's in store for the future of fintech, and much more.

Top news of the week: 01.12.2022.

#fintech
#banking
#FinancialServices
#Metaverse
#business
#ArtificialIntelligence
#crypto
#finserv
#bitcoin
#tech

@efipm shared
On Nov 29, 2022
RT @mikeflache: #ArtificialIntelligence can enhance #banking compliance https://t.co/Bs19yDYt9X v/ @BusinessPlusMag #FinancialServices cc @efipm @richardturrin @Damien_CABADI @psb_dc @nafisalam @FinMKTG @SpirosMargaris @Xbond49 @RAlexJimenez @sallyeaves @Visible_Banking @BetaMoroney https://t.co/6KQzY40h94
Open
Artificial intelligence can enhance banking compliance

Artificial intelligence can enhance banking compliance

Banks can step up their fight against financial crimes by using artificial intelligence

@bitcoinagile shared
On Nov 28, 2022
V7 snaps up $33M to automate training data for computer vision AI models #Tazow #crypto https://t.co/haJcT3U2rJ https://t.co/1DwQ8mgvIP
Open
V7 snaps up $33M to automate training data for computer vision AI models

V7 snaps up $33M to automate training data for computer vision AI models

V7's focus today is on computer vision and helping identify objects. It says it can learn what to do from just 100 human-annotated examples.

@efipm shared
On Nov 30, 2022
RT @richardturrin: #Metaverse the fear of missing out! #Banks' #FOMO creates a gold rush but where's the gold? #fintech #crypto #bitcoin #blockchain #business #btc #finserv H/T @BetaMoroney @psb_dc @efipm @BrettKing @spirosmargaris @mikeflache @enricomolinari @jimmarous https://t.co/xS5DU4OGUX https://t.co/IKAcSxTYNB
Open
Metaverse the fear of missing out!

Metaverse the fear of missing out!

Technology such as AI, AR, and virtual reality (VR) are all strongly tied to the concept of the metaverse.

@bitcoinagile shared
On Nov 30, 2022
#bitcoin rarely used for legal transactions, on road to irrelevance, say European Central Bank officials https://t.co/R5olx0HL7U https://t.co/sAvB95e4UK
Open
Bitcoin ‘rarely’ used for legal transactions, on ‘road to irrelevance’, say European Central Bank officials

Bitcoin ‘rarely’ used for legal transactions, on ‘road to irrelevance’, say European Central Bank officials

European Central Bank officials alleged on Wednesday that bitcoin is “rarely used for legal transactions,” is fuelled by speculation and the recent erosion in its value indicates that it is ...

@bitcoinagile shared
On Nov 29, 2022
India to pilot retail digital currency on December 1 @TechCrunch https://t.co/9zKRiD1vGz https://t.co/b8oLHsc6re
Open
India to pilot retail digital currency on December 1

India to pilot retail digital currency on December 1

With e-rupee, India is hoping to lower the economy’s reliance on cash, enable cheaper international settlements and protect people from private cryptocurrencies.

@FinMKTG shared
On Nov 28, 2022
RT @Damien_CABADI: Lithuania makes push to become Europe’s fintech hub FINANCIAL TIMES https://t.co/XupoIcVrz7 👈👈👈 #fintech #payment #banking #tech #finance @labordeolivier @sebbourguignon @kalydeoo @Nicochan33 @RLDI_Lamy @KanezaDiane @nafisalam @danfeaheny @Corix_JC @HaroldSinnott @NeiraOsci https://t.co/rKhNcPUTl6
Open
Lithuania makes push to become Europe’s fintech hub

Lithuania makes push to become Europe’s fintech hub

User-friendly regulation is attracting start-ups, though the UK’s lead will be hard to match

@bitcoinagile shared
On Nov 29, 2022
IDnow appoints Jason Tucker-Feltham as new head of crypto sales #fintech https://t.co/7FRpgXD9fA https://t.co/X8nweC5lkG
Open
IDnow appoints Jason Tucker-Feltham as new head of crypto sales

IDnow appoints Jason Tucker-Feltham as new head of crypto sales

IDnow, a leading European identity proofing platform provider, has appointed Jason Tucker-Feltham as its Head of Crypto Sales. Based in IDnow’s London office, Jason brings with him more ...

@stratorob shared
On Nov 28, 2022
The new era of customer banking and financial services focuses on the experience, design, and reducing friction by using technology. https://t.co/fgVbDcd7To #Banking #Fintech #DigitalTransformation #Finserv @MikeatSpice @InsuranceSwifty @andi_staub @AkwyZ @sallyeaves
Open
Digital Transformation in Banking and Financial Services

Digital Transformation in Banking and Financial Services

The BFSI industry is currently amidst a profound transformation as it prepares to embrace the new stage of taking its services in a digital-first era. The challenges are significant as ...