The bank is testing the emerging technology with IBM in an effort to speed up risk analysis and derivatives pricing.

The payments company has loaned $5.5 billion to 275,000 small businesses, thanks to a data-driven process free from human interaction.

New data analytics could help provide more comfort to banks in doing business with the cannabis industry, despite restrictive federal laws.

It is important to understand how bias may be found naturally in your own existing customer base, and how this may affect your inferences, since these naturally need checks and balances to avoid sampling bias, argues Callsign's Stuart Dobbie.

In a move that accelerates Western Union's plan for its money transfers to be part of advancing digital technology, the cross-border payment provider has entered an agreement with Amazon Web Services for long-term cloud services.

Consumer demand for digital financial services will inspire a wave of new partnerships.

The company is reportedly paying bonuses to get retailers to accept its cards; both sides offer different take of rare get-together.

Allegations of gender bias are the tip of the iceberg of a very big problem that faces artificial intelligence and goes far beyond the financial services sector, says Temenos' Hani Hagras.

The blockchain has the potential to disrupt any industry sector, leaving in its wake a more effective system where people get to own the value they create, says PayStand's Jeremy Almond.

Consumer demand for digital financial services will inspire a wave of new partnerships.