Author Archives: Tom Groenfeldt

Chris Skinner’s new book, “ValueWeb — How fintech firms are using bitcoin blockchain and mobile technologies to create the Internet of Value,” is a couple of years in front of today’s headlines. May 2, the Wall Street Journal’s Pau Vagna, … Continue reading →

PWC Retail banking In its report on Retail Banking 2020 — Evolution or Revolution, PWC optimistically ignores many of the details of its survey and concludes that banking has a great days ahead. “Despite the emergence of new competitors and … Continue reading →

IPC’s network outage earlier this month, caused by an explosion in a manhole outside a New Jersey data center, showed the problems with proprietary networks, said Patrick McCullough,, CEO of Speakerbus, a competitor provider of trading systems. “There’s a fundamental … Continue reading →

People around the world are on the move. Time Magazine estimates that 6 million Americans live abroad, the Australian government figures one million of its citizens live aboard, while refugees number around 60 million worldwide. Dilip Ratha, lead economist at … Continue reading →

RegTech, the use of technology to meet the growing number of financial regulations, needs a nudge from regulators, according to JWG, a London-based think tank with an unenviable focus on regulation. “JWG estimates that over 300 million pages of regulatory … Continue reading →

The World Economic Forum (WEF), the organization behind the Davos conference, has issued a paper calling for more discussion about fintech and financial institutions. “This publication represents the first time that incumbents, financial supervisors and fintechs have come together collectively … Continue reading →

SAS has announced the launch of the SAS FinTech Incubator program which will give UK FinTech organizations free access to its big data technology assets and industry expertise to achieve their innovation goals. The company said the Incubator can slash … Continue reading →

When Google announced last week that it will phase out its Wallet Card, it suggested that cardholders look to Simple or American Express for a replacement. “If you’re interested in finding a replacement for your Wallet Card, both American Express … Continue reading →

Commerzbank has gone live with an integrated set of finance and risk solutions powered by the SAP HANA platform. With the SAP Bank Analyzer set of applications, including the SAP Accounting for Financial Instruments application, Commerzbank is now able to … Continue reading →

A java security flaw that was supposedly fixed in 2013 is still vulnerable, according to a report by Security Explorations. Waratek, which provides a Runtime Application Security Protection (RASP) containers said it protects the full application stack using a pioneering … Continue reading →