ITRS Group, the leading provider of real-time monitoring and IT operations analytics to financial services firms, has announced a partnership with MapR, a pioneer in delivering the industry's leading data platform for AI and analytics, both on site and across the cloud. The collaboration will see MapR software integrated with ITRS Geneos.

Partnership with leading institutions including Citi, HSBC, BlueCrest

and Brevan Howard

Capitolis, the pioneering technology provider for the capital markets, announced today that it has launched a groundbreaking novation service in foreign exchange (FX). Citi, HSBC, BlueCrest and Brevan Howard, among many other market participants, have collaborated with Capitolis on this service, which is the first of its kind in FX.

Disruptive model encourages innovation by providing self-service identity management tools to technical and creative audiences

AimBrain has unveiled a free-for-life platform that lets entrepreneurs, app developers and technical audiences swap PINS, passwords and codes for facial and voice user verification, in an autonomous, trial-to-deployment environment.

It is not a secret for anybody that the Internet of Things today makes a great revolution in the world. Different types of electronic devices can connect with each other and make life easier and more convenient. 

Apart from the common use of IoT in our life, business field like financial sector can also use the Internet of Things usefully. Let’s find out main strong sides of using IoT in your financial business.

Challenges you can solve with IoT in FinTech area

Alternative lending observes a continuously increasing number of Millennials and Generation Z.  According to the Latvian P2P platform Robo.cash, this tendency is supported by the interest of young investors in a simple and comfortable source of additional income and the positive experience gained at the existing peer-to-peer platforms.
 

Robotic Process automation, otherwise known as RPA, is a significant, rapid change that’s encroaching upon many industries. Quickly evolving, implementing RPA into your industry could help to digitize labor using machine intelligence, capitalize on engagement, create big data, manage social media, and solve mobile technology issues, as well as cloud computing issues, that your industry might struggle with. 

Ant Financial Services Group (“Ant Financial”) has signed a strategic cooperation agreement with China Everbright Bank Co., Ltd (“China Everbright Bank”) and Everbright Technology Co., Ltd. (“Everbright Technology”), a fintech subsidiary of China Everbright Group, to facilitate China Everbright Bank’s digital transformation.

With less than a week to go until GDPR enforcement, only 40 per cent of companies expect to achieve compliance with the regulation after the 25th May deadline. This number is alarming, as non-compliance fines start at €20 million or 4 per cent of annual global turnover. 

New research released today by Intuit QuickBooks, the world’s leading online accounting software provider, has found that while the majority (75%) of UK accountants have heard of the upcoming Making Tax Digital (MTD) legislation, nearly a third (30%) of this group are unclear about what it means for their practice, revealing a disconnect between awareness of the legislation and an understanding of its implications.