IoT in Finance & Insurance

IoT in Finance & Insurance

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IBM, Marsh launch blockchain-based insurance network

Insurance broking and risk management specialist Marsh is collaborating with IBM on what it says is the first commercial blockchain solution for proof of...

Government chooses fintech start-up to lead UK tech mission to China

Fintech start-up Nuggets has been chosen by the UK government and the Mayor of London to embark on two trade missions to China this...

AidCoin aims to restore trust in charities via crypto and blockchain

Startup AidCoin aims to transform the charity sector using blockchain and cryptocurrencies. Can it succeed? Chris Middleton investigates. Trust in charities is at an all-time...

HSBC employs AI fraud detection in $2.3bn tech spree

Europe’s largest bank has spent $2.3 billion on digital platforms, AI, and other tech. HSBC has revealed a partnership with UK start-up Quantexa, whose AI...

Fintech firm unveils AI-powered mortgage broker

British fintech firm Nuvo has unveiled what it claims is the world’s first ever artificial intelligence-powered mortgage broker. First trailed in February, the system...

Five industries that are being transformed by blockchain | Expert panel

ANALYSIS: How will blockchain impact health, manufacturing, the supply chain, energy, and the financial sector? Kate O'Flaherty compares the reality with the hype. Internet of...

NatWest prevented £7m of corporate fraud using machine learning

NEWSBYTE UK bank NatWest has claimed that it has prevented £7 million worth of false payments by using a machine learning system. The bank deployed...

Fintech firm launches blockchain platform for legal contracts

Internet of Agreements: A British fintech start-up is developing blockchain-powered software that is intended to revolutionise the way that small and medium-sized firms conduct...

Bitcoin blockchain contains porn, say researchers. Not news, say coders

The Guardian and other titles report today that the Bitcoin blockchain includes illegal material. However, this kind of problem has been known about for...

IBM unveils new data science platform to accelerate AI adoption

American tech giant IBM has unveiled a new data science and machine learning app-building platform to help companies tap into the benefits of artificial...

Blockchain: “not solution to 90 percent of problems”, warns expert

Blockchain specialist Denis Baranov, principal consultant at consultancy group DataArt, has warned the UK’s Institute of Directors of the dangers of jumping on the...

Korean security firm announces cryptocurrency hardware wallets

South Korea-based Penta Security has unveiled a range of hardware cryptocurrency wallets, which feature built-in encryption and authentication. Set to hit global markets in June,...