Anthony Back

Anthony Back

Anthony is currently a Senior Fintech Analyst at Expert Market Insight and the Director of Content at BreakingFinance, a fintech content creation firm. After spending several years tracking and analyzing technologies and investments at Israel Venture Capital, he now focuses his time conducting research and analysis on the global fintech industry to help startups, financial institutions and finance-related companies develop insightful content. Anthony’s areas of expertise include payments, trading & investing, banking, blockchain and digital currencies. He is also the lead contributor at thefintech.buzz industry blog.

Blockchain based solution to help SMEs, backed by big banks

Blockchain based solution to help SMEs, backed by big banks

Written by on July 10, 2017 in Guest Blog with 0 Comments

Digital Trade Chain: IBM to build blockchain based trade finance platform for Europe’s largest banks. Seven of Europe’s largest banks have awarded IBM the contract for Digital Trade Chain, a blockchain based trade finance platform for SMEs. IBM announced this week that it had been chosen by a consortium of seven of Europe’s largest banks […]

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Amazon has loaned $1 billion to SMEs in the last 12 months

Amazon has loaned $1 billion to SMEs in the last 12 months

Written by on July 3, 2017 in Guest Blog with 0 Comments

US e-commerce giant Amazon is gaining traction in the SME loan market, issuing $1 billion in loans in the last 12 months. The company is gaining traction in the SME loan market. The company announced at the beginning of this month that it had originated over $3 billion in loans to more than 20,000 small […]

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Santander leads fintech investments, but they are not alone

Santander leads fintech investments, but they are not alone

Written by on June 29, 2017 in Guest Blog with 0 Comments

According to data from CB Insights, top European banks, led by Banco Santander are investing heavily in areas ranging from wealth management and lending to payments, reg-tech and blockchain. According to new analysis from CB Insights, Spain-based Banco Santander, through its venture arm Santander InnoVentures was the most active major European bank investing in fintech […]

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Under the GDPR rules, banks could be fined billions

Under the GDPR rules, banks could be fined billions

Written by on June 22, 2017 in Guest Blog with 0 Comments

European banks face €4.6 billion in fines in first three years under new GDPR (General Data Protection Regulations) according to Consult Hyperion Report. A new study commissioned by security outfit AllClear ID, ‘GDPR – Banks, Breaches, and Billion Euro Fines’ forecasts that European financial institutions could face fines totaling €4.6 billion in the first three […]

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HSBC teams with AI start up to combat money laundering

HSBC teams with AI start up to combat money laundering

Written by on June 16, 2017 in Guest Blog with 0 Comments

As compliance costs continue to rise, HSBC has partnered with AI startup Ayasdi to fight money laundering more efficiently. Ayasdi will help HSBC to automate parts of its anti-money laundering (AML) compliance and investigation processes that have traditionally been conducted manually by thousands of compliance officers. Despite advances in technology, traditional AML investigations in banking […]

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Financial crime fighters say legacy technology makes it tough

Financial crime fighters say legacy technology makes it tough

Written by on June 8, 2017 in Guest Blog with 0 Comments

A newly released LexisNexis financial crime survey reveals 92% of senior financial crime professionals are concerned that legacy technology could become a barrier to fighting financial crime in the next one to two years. The survey of 168 financial crime professionals working in the UK banking industry has revealed mixed sentiments about the current state […]

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Geopolitical risks will push RegTech spending higher

Geopolitical risks will push RegTech spending higher

Written by on May 26, 2017 in Guest Blog with 0 Comments

According to a joint survey by SWIFT and Dow Jones, 54% of compliance execs are to increase RegTech spending as geopolitical risks heighten. An annual joint survey of more than 500 compliance and anti-money laundering professionals by SWIFT and Dow Jones has found that 75% of respondents believe the current geopolitical landscape presents new risks […]

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Emerging payments trend shows mobile P2P proliferating

Emerging payments trend shows mobile P2P proliferating

Written by on May 19, 2017 in Guest Blog with 0 Comments

Bank of America Trends in Consumer Mobility Report exploring emerging payments trends finds mobile person-to-person payment technologies proliferating rapidly, especially among millennials. The latest Bank of America Trends in Consumer Mobility Report into emerging payment trends has found that 36 percent of adults currently use mobile P2P payments, with millennials leading the pack at 62 […]

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BNB Paribas teams with Snap to lead on social networks

BNB Paribas teams with Snap to lead on social networks

Written by on May 9, 2017 in Guest Blog with 0 Comments

BNP Paribas has signed a global partnership with Snap Inc. In a move to strengthen its proximity to millennials and cement its position as the leading bank on social networks, BNP Paribas has signed a global partnership with Snap Inc. BNP Paribas entered a global partnership with Snap Inc. this week in an effort to […]

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Mobile payments facilitated by Alipay and WeChat reached $2.9 trillion

Mobile payments facilitated by Alipay and WeChat reached $2.9 trillion

Written by on May 3, 2017 in Guest Blog with 0 Comments

A new study by UN-based Better Than Cash Alliance has revealed that Alipay and WeChat Pay facilitated $2.9 trillion in Chinese digital payments in 2016. According to a recently published study by the UN-based Better Than Cash Alliance, Alipay and WeChat Pay enabled an astonishing $2.9 trillion in Chinese digital payments in 2016. A 20-fold […]

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