The impact of APIs on the banking industry: Convenience, innovation and security

Application Programming Interfaces (APIs)

🔊 Listen to this Article The banking industry has undergone significant changes in recent years, with advancements in technology playing a major role in driving these changes. One of the most significant technological advancements in the banking industry has been the rise of Application Programming Interfaces (APIs). The use of APIs in the banking industry … Read more

Financial guru Martin Lewis posts cash, plastic, mobile payments poll. The Twittersphere has its say — Retail Technology Innovation Hub

This being a Twitter poll, we get nothing on respondents’ age groups, where they live etc, but it’s nonetheless an interesting snapshot of shoppers’ views on the payments process. Let us know your thoughts and checkout preferences in the comments section at the end of this article. “Stop card schemes from abusing their dominant market … Read more

Rajeev Chandrasekhar inaugurates silicon innovation lab of NXP

Minister of state for electronics and information technology Rajeev Chandrasekhar

New Delhi: Minister of state for electronics and information technology, Rajeev Chandrasekhar on Friday inaugurated the Systems and Silicon Innovation lab at NXP Semiconductors Campus in Bengaluru. The newly inaugurated state-of-the-art lab will be used to design, verify and validate NXP technologies in areas of security, connectivity, sensing, and processing and build market-specific system solutions … Read more

KFintech Drives Digital Transformation and Innovation in the Financial Services Industry with AWS

HYDERABAD, India, Jan. 18, 2023 /PRNewswire/ — KFin Technologies Limited (KFintech), a leading technology-driven financial services firm, today announced it is using Amazon Web Services (AWS), to help the asset management industry digitally transform and build new products, including interactive dashboards that use AWS machine learning to automatically look for investment patterns, including investor age … Read more

Rohlik CFO Vineta Bajaj talks boring but hard balance sheet truths as she takes on new challenge — Retail Technology Innovation Hub

Bajaj most recently served as Finance Director at Ocado Group. She trained as a chartered accountant and tax advisor at KPMG Ireland, where she delivered audits for large corporate clients before moving to Kerry Group, an Irish multinational. In her LinkedIn post, she said: “When I was a financial accountant and took over a set … Read more

Top business leaders discuss financial innovation at the World Economic Forum

[The stream is slated to start at 2:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] Moderated by CNBC’s Steve Sedgwick, top business leaders discuss at Davos, Switzerland, how financial actors respond to ongoing disruptions while keeping pace with technological advancement. Joining CNBC is Ronald P. … Read more

Auto Expo 2023 Components opens with focus on technology and innovation

The 16th edition of Auto Expo – 2023 Components, jointly organised by The Automotive Component Manufacturers Association of India (ACMA), the apex body of the Indian auto component industry, Confederation of Indian Industry (CII) and the Society of Indian Automobile Manufacturers (SIAM) kicked off today at New Delhi’s Pragati Maidan. Themed ‘Technovation – Global Platform … Read more

The Engineer – Automotive innovation Centre driving OEM collaboration on electric vehicle technology

A new e-Mobility Innovation Centre operated by TI Fluid Systems is driving collaboration between automotive OEMSs on the next generation of thermal management systems for battery electric vehicles. Jason Ford The company may not be a household name, but its products are present in over 37 per cent of the battery electric vehicles … Read more

Credit Unions Are Lagging Behind in Innovation

Credit unions are hitting an innovation wall, and partnering may be the best way to clear it. At a time when consumers, and credit union (CU) members particularly, are seeking more product innovation from these financial institutions, budget constraints and a yearlong macroeconomic beating find CUs cutting back on in-house development efforts. According to the … Read more