The bank, has since the start of 2017, deployed a text-based chat bot called ‘Cora’ which customers can use on the bank’s online help pages. It can answer 200 basic banking queries and now has 100,000 conversations a month. But drawing upon advances in neuroscience, psychology, computing power and artificial intelligence, a new Cora prototype
  LONDON (Reuters) – Fintech firm R3 and 22 of the world’s biggest banks have together developed an international payments system that would allow existing central bank currencies and any new digital ones to be transacted via the blockchain, R3 said on Tuesday. The blockchain, which first emerged as the architecture underpinning cryptocurrency bitcoin, is
  Solution Powered by IBM Blockchain in Partnership with and KlickEx Group Collaboration with Banking Leaders to Accelerate Financial Exchange and Settlement Across Currency Corridors   TORONTO – 16 Oct 2017: SIBOS: IBM (NYSE: IBM) today announced a new blockchain banking solution that will help financial institutions address the processes of universal cross-border payments, designed to
With regulation and competition challenging banks in unprecedented ways, Oracle offers one of the most comprehensive open API banking solutions REDWOOD SHORES, Calif., Oct. 16, 2017- In today’s economy, banks seek to adapt a more customer-centric business model by delivering new services with greater transparency. Traditional banks understand that they must equip themselves with digital
The announcements are coming thick and fast at Frankfurt’s Internationale Automobil-Ausstellung (IAA) this week. Today, IBM revealed an exciting project in collaboration with ZF Friedrichshafen AG and UBS: to develop the first blockchain-based automotive transaction platform for mobility services. This shared ledger technology will enable secure and transparent in-vehicle payments, so that motorists can pay for tolls, parking,
  Round features renewed participation from previous Jetty seed investors: Ribbit Capital, SV Angel, BoxGroup, and Red Swan Digitally-native novel suite of finance and insurance products redefines the process of renting a home Helps renters easily meet expensive or complex landlord requirements, such as posting an expensive security deposit, finding a lease guarantor, and obtaining renters
  ZURICH, July 5, 2017 /PRNewswire/ — Thomson Reuters today announced the launch of Thomson Reuters Labs™ – The Incubator.  Located in Switzerland, the Incubator will host early-stage entrepreneurs building next-generation products in big data, advanced analytics, distributed ledgers, artificial intelligence, machine learning and other transformational technologies.  As part of the official program, startups will receive access to Thomson