IoT in Finance & Insurance

IoT in Finance & Insurance

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China trade tariffs a “tax on consumers”, says Apple CEO

Apple CEO Tim Cook has slammed the escalating trade war between China and the US as a “tax on the consumer”. In an earnings call...

Europe hits Google with record antitrust fine

NEWSBYTE The European Commission (EC) has hit Google with its largest ever fine, €4.3 billion ($5.07 billion), for antitrust violations relating to its Android mobile...

Fintech: Intelligent automation could add $512 billion to finance sector

A new report from Capgemini’s Digital Transformation Institute reveals that, by 2020, the financial services industry could reap up to $512 billion in new global revenues...

Swiss town votes via blockchain, while blockchain bank tools up

A Swiss town votes on blockchain, while BABB – the self-styled 'World Bank for the microeconomy' – is gearing up for 2019 launch. Malek Murison...

10 steps to a successful business case for IoT

In this must-read guide to building a business case for IoT programmes, Andrew Hobbs reveals how best to identify and act on digital innovation...

Cyber attack could cost bank half of its profits, warns IMF

Cyber risk has emerged as a significant threat to the financial system, according to a new report from the International Monetary Fund (IMF). Although hardly...

PayPal snaps up fraud prevention player Simility for $120m

NEWSBYTE PayPal has announced that it is to acquire fraud prevention and risk management platform, Simility, for $120 million in cash. The acquisition, which is...

“Cryptocurrency systems can’t scale or be trusted” – central banking organisation

UPDATED The more popular cryptocurrencies become, the less trustworthy and efficient they are, according to a key central banking organisation. Cryptocurrencies are “not scalable and...

Exclusive Q&A | Blue Prism CTO David Moss on automation, AI,...

Robotic process automation pioneer Blue Prism has grown fast under the radar: a British success story – and a North of England success story,...

Tesla to slash nine percent of workforce, slammed by insurers

Electric car maker Tesla has announced that it is cutting nine percent of its workforce, in what founder and CEO Elon Musk has described...

Q&A: Generali’s Davide Burlon on how IoT, AI will transform insurance

Davide Burlon, head of Actuarial Analytics at Generali, talks to Andrew Hobbs about how machine learning, the Internet of Things (IoT) and other emerging technologies...

Amazon booms as high street withers. Next up: robots and insurance

UPDATED Retail and Web services giant Amazon plans to add over 2,500 permanent jobs in the UK this year, taking its British workforce to...