Fintech NEWS

Five Nordic banks are considering the KYC joint venture
KYC JV ??? Five Nordic banks have thought about the possible creation of a regional KYC (Know Your Customer) infrastructure. DNB, Danske, Nordea, Svenska Handelsbanken

CIMB Bank Singapore completes first trade finance transaction using blockchain
CIMB Bank Berhad’s Singapore office has completed a structured trade finance transaction on a blockchain and Internet of Things (IoT) platform provided by iTrust. CIMB

USAA Federal Savings Bank grabs Citigroup’s new head of risk
The US Federal Savings Bank has hired Citigroup manager Neeraj Singh to succeed retired Chief Risk Officer Torben Ostergaard. Neeraj Singh joins Citigroup after three

Best Wisconsin Student Loan Refinancing and Student Loan Options
In addition to being home to the Green Bay Packers, Wisconsin has a wide variety of prestigious colleges, including 13 universities in 26 locations within

Amazon hires Xerox PARC’s AI Guru to work on Alexa Virtual Assistant
Amazon has hired Xerox PARC employee and artificial intelligence (AI) researcher Ashwin Ram to lead AI research and development for Alexa, the e-commerce giant’s virtual

Cryptographic breakthrough at iO Allegedly a “crown jewel” for security
Hiding the functionality of code that runs remotely to protect it from hackers is the breakthrough that cryptographers see as the “crown jewel” of cybersecurity.