News Archives - Page 2 of 6

AI in Business: 2019 trends and predictions Has the hype that robots will steal our jobs passed or is there still reason for accountants to be concerned? AI is already being implemented in businesses around the world, and while worries persist over whether robots will be taking over the workplace, some are predicting that it Read More

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5 Trends to Watch for in Banking and Technology

March 20, 2019March 21, 2019 Timo DregerFinTech

As tech and banking join forces, here are some major trends that could impact your finances. Image source: Getty Images. What happens when technology and banking join forces? Last year was a record year for the FinTech -- or financial technology -- industry, and 2019 is poised to produce continued growth for the sector. As Read More

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The Four Real Barriers Of Blockchain Technology

March 20, 2019March 20, 2019 Timo DregerBlockchain

Forbes CommunityVoice Connecting expert communities to the Forbes audience.What is This? Forbes CommunityVoice™ allows professional fee-based membership groups ("communities") to connect directly with the Forbes audience by enabling them to create content – and participate in the conversation – on the Forbes digital publishing platform. Each topic-based CommunityVoice™ is produced and managed by Read More

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Insurance tech gets crowded

March 20, 2019March 20, 2019 Timo DregerInsurTech

Insurance technology companies seem to be attracting investors’ attention since 2018. In the first two months in 2019, out of the $397 million raised by fintech companies, $220 million was pumped into insure tech companies, according to Tracxn Technologies Pvt Ltd, a data analytics firm. Insurance technology as a segment in the overall fintech ecosystem Read More

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Keeping Entrepreneurship Alive In Big Companies

March 20, 2019March 21, 2019 Timo DregerEntrepreneurship, Tech

As a serial entrepreneur in Israel, Vitaly Vainer built and sold several successful businesses. But after the birth of his first child, he wanted a more stable, corporate environment and joined SAP in 2007. That doesn’t mean he left behind his entrepreneurial spirit. While spearheading product development for flagship products like SAP Fiori Cloud, he Read More

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Now, buy insurance online comparing product features, not price

March 20, 2019March 20, 2019 Timo DregerInsurance

Policyholders can compare products based on the features offered by the insurer and no contact details will be required. Till now, customers have been able to compare insurance products based on the premium charged for the policy. Now, Insuremile a Bengaluru-based insurance aggregator is looking to bridge this gap by now allowing individuals to compare Read More

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What’s keeping insurers from realizing their true potential?

March 20, 2019March 20, 2019 Timo DregerInsurance, InsurTech

Advanced technologies are creating more opportunities for growth, but many insurers are failing to convert potential into value Accenture’s newly released 2019 Technology Vision has found that digital technology is a strategic priority for every business. In our survey of more than 6 600 business and IT executives—including almost 600 insurers—94 percent of respondents said Read More

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Regional banks must merge to meet tech challenges

March 20, 2019March 21, 2019 Timo DregerFinTech

Last month, the regional banks SunTrust and BB&T announced the largest bank merger since the 2008 financial crisis, one that would create the sixth-largest bank in the U.S. At the time of the announcement, some commentators interpreted the deal as the latest in a long tradition of regional players consolidating to gain scale and reach. Read More

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A Low-Risk Way to Bet on Fintech and Blockchain

March 20, 2019March 20, 2019 Timo DregerBlockchain, FinTech

There's no shortage of companies working to disrupt the financial services industry. Shares of fintech companies like Square and PayPal have soared in recent years, with investors betting there's money to be made removing friction and reducing costs in the payments industry. As the world continues to shift away from cash and toward digital Read More

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UK bank to trial fingerprint technology for card payments

March 12, 2019March 12, 2019 Timo DregerFinTech

Frint technology for card payments Two hundred customers are to take part in the pilot, which will enable them to use their fingerprint to verify payments. "Contactless" refers to a cashless method of paying for something, whereby a customer physically hovers or places their card or contactless device over a reader to make a payment. Read More