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Category Archives: Blockchain

SupTech – Regulators’ Push to RegTech

RegTech as a segment has been witnessing immense interest and activity in the recent past – be it due to the huge fines for non-compliance being imposed by regulators across the world; the reputational damage resulting from these fines, especially for the large, well-known banks;

How Cognitive, RegTech & Blockchain Are Transforming Financial Services

[embedded content] Vivek Bajaj, Global Vice President – Watson Financial Services Solutions, Member Industry Academy at IBM, explains why existing financial institutions have the ability to use existing data on clients to differentiate themselves, leading to the concept of contextual understanding. “In (the) old days,

Blockchain For Elections: Advantages, Cases, Challenges

The list of potential uses for blockchain technology span many different sectors with the belief being that almost every facet of life, from finance, technology, economics and sociology, can be disrupted by this decentralized force. However, it is in politics, and especially elections where there

API Strategy in FinServ – What Can Banks Learn from Startups?

Removing integration problems, enabling best-of-breed approach to building products and services, turning competitors into partners, improving the customer experience, making customized solutions possible… APIs will allow businesses to leverage technology with greater velocity in the future, avoiding stumbling blocks of the past and allowing them

The Chatbot Deployment Strategy – Exclusive Study of 42 Banks

In their quest towards superior customer experience, streamlined operations, and lower costs, banks are increasingly looking towards modern tech innovations. Artificial intelligence is one such tech marvel which has the potential to transform the way banks and financial institutions engage with their customers. With the

What is RegTech?

What is RegTech? RegTech by Elena Mesropyan · May 14, 2018 MEDICIGlobal Head of Content [embedded content] “RegTech companies support banks in adapting their business models in fast-paced environments.” – Nicolo Petrone, Head of Partnerships, Europe, MEDICI Defining RegTech and the reasons for the industry’s