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Facebook, Apple and Google pose threat to big four dominance, says RBA (Clancy Yeates, Sidney Morning Gerals smh.com.au)
The dominant position of banks in the financial system could be challenged by a new wave of high-tech rivals, the Reserve Bank says, highlighting the vast troves of customer data held by the likes of Apple, Google and Facebook. The RBA’s head of financial stability, Jonathan Kearns, on Monday underlined the competition facing banks from the […]
Predictive to launch AI drug discovery platform for Covid-19 (pharmaceutical-technology.com)
Predictive Oncology has announced plans to launch an artificial intelligence (AI) technology platform for vaccine and drug development under an operating agreement with Soluble Therapeutics. The company is focussed on coronaviruses and acute respiratory syndromes, including Covid-19, MERS and SARS. Predictive Oncology also signed a letter of intent with InventaBioTech to buy Soluble Therapeutics, its […]
FDATA North America Statement on Department of Finance Canada Open Banking Report
January 31, 2020, Washington, DC – The Department of Finance Canada today released Consumer-Directed Finance: The Future of Financial Services, which is the result of more than nine months of consultation with stakeholders in the financial services and financial technology sectors. Financial Data and Technology Association (FDATA) of North America Executive Director Steve Boms issued the following […]