Search Results for: banking system

Decoding Blockchain Interoperability: Bridging Networks for Seamless Integration

Decoding Blockchain Interoperability: Bridging Networks for Seamless Integration

Insights Desk Feb 19, 2024

Highlights: Interoperability is crucial for the widespread adoption of blockchain technology as it allows for enhanced collaboration, scalability, and innovation across diverse blockchain platfor...

Benefits of Cryptocurrency in Business: Unlocking New Possibilities

Benefits of Cryptocurrency in Business: Unlocking New Possibilities

Insights Desk Aug 07, 2023

Highlights: Blockchain is the distributed ledger for all crypto transactions maintained by currency holders. Cryptocurrency creation happens through “mining,” where computer power solves c...

Nvidia and Deutsche Bank collaborate to deliver AI-powered Financial Services

Nvidia and Deutsche Bank collaborate to deliver AI-powered Financial Services

Insights Desk Dec 08, 2022

Highlights – Both the companies - Nvidia Corp. and Deutsche Bank AG are planning to accelerate the adoption of ML and AI in different financial areas, still the most promising one seems to be ...

Part 1 – All about Anti-Money Laundering

Part 1 – All about Anti-Money Laundering

Insights Desk Mar 07, 2022

Summary: Money laundering can be escaped via a collection of rules, processes, and technologies known as Anti-Money Laundering (AML). Money laundering is split into three phases (placing, laye...

Barclays Chooses HPE GreenLake As its Private Cloud Platform

Barclays Chooses HPE GreenLake As its Private Cloud Platform

Insights Desk Jan 18, 2022

Highlights The offerings to Barclays by HPE GreenLake include pricing for computing, memory, storage resources, scalability, and efficiency. The result of the merger is Barclays taking a step...

Brazilian Neobank alt.bank Raises USD 5.5 Million

Brazilian Neobank alt.bank Raises USD 5.5 Million

Insights Desk May 11, 2021

On May 4, 2021, alt.bank, a Brazilian neobank, broke the news of having secured USD 5.5 million in a Series A funding event lead by Union Square Ventures (USV). It is no longer an undercover that t...

UnionBank Plus AI Equals Enhanced Customer Experience

UnionBank Plus AI Equals Enhanced Customer Experience

Insights Desk Nov 28, 2020

In the digital era where technologies are taking over a variety of industries across the globe, the UnionBank of the Philippines also made a bold move by transforming data science and artificial intel...

Concept of Antifragile Identity in a Multi-Cloud Environment, Dealing with Challenges

Concept of Antifragile Identity in a Multi-Cloud Environment, Dealing with Challenges

Insights Desk Oct 08, 2020

We reside in a world full of risk or uncertainty. Nowadays, there is a rise in cyberattacks on international, national, and corporate infrastructure. And one mistake can shut the enterprise. We all...

Postbank Suffers USD 3.2 Million Data Breach

Postbank Suffers USD 3.2 Million Data Breach

Insights Desk Jun 17, 2020

A fraudulent transaction has led to a loss of about more than USD 3.2 million for Postbank, the banking division of South Africa’s post office. As a result, the bank has to take a major step in repl...

US May Push for Digital Economy as Part of COVID-19 Stimulus Plan

US May Push for Digital Economy as Part of COVID-19 Stimulus Plan

Insights Desk Mar 27, 2020

The United States Congress has made provisions for a ‘digital dollar’ in two draft bills. The provisions have been made as part of a broader economic package to control the losses wreaked by the c...

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