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Microsoft

station with train exiting
Fintech
·May. 2, 2023

The reusable identity train has left the station

Reusable identities will be vital tools that support identity verification, but how they will work exactly is yet to be determined.
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FintechNews Roundup
·Mar. 13, 2017

IBM Breaks Speech Recognition Record

The company's speech recognition technology has reported a 5.5% error rate in speech recognition, breaking the previous speech recognition error rate of 5.9% set by Microsoft in October 2016; the current error rate for speech recognition falls just above the newly reported human error rate of 5.1%; the speech recognition error rate continues to be a focus area as speech recognition technology becomes more broadly utilized in consumer electronics and the internet of things.  Source

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FintechUSA
·Jul. 29, 2020

Mastercard Partners with Microsoft on Payments Innovation

Mastercard and Microsoft have announced a collaboration around digital commerce, startup innovation and financial inclusion; the collaboration will help Mastercard’s...
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FintechNews Roundup
·Nov. 11, 2016

Microsoft Intensifies Blockchain Efforts with Ethereum on Azure Cloud Platform

At the Ethereum Developer Conference on November 9, Microsoft announced that it would offer blockchain building blocks as part of its Azure cloud hosting platform; the Ethereum Blockchain as a Service (EBaaS) offering allows developers to quickly launch an Ethereum environment which includes code building blocks for SmartContracts and a semi-private testing environment with a blockchain which then can be migrated to the public Ethereum environment; the offering is in partnership with development house ConsenSys.  Source

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EuropeFintechNews Roundup
·Oct. 4, 2017

Microsoft’s Director of Financial Services Discusses Future of Fintech

Ahead of his presentation at LendIt Europe 2017, Richard Peers, Director of the Financial Services Industry at Microsoft discusses fintech with Verdict; provides his perspective on artificial intelligence, blockchain, cloud computing, challenger banks, why London is a great place for startups, and what firms can learn from the Chinese market. Source

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FintechNews Roundup
·May. 10, 2019

AI in Banking Needs Explainability to Reach its Potential

In an American Banker op-ed the author acknowledges the amazing potential of AI; it has been said that it could...
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FintechNews RoundupUSA
·Apr. 7, 2020

Money in Excel Should Focus on Small Businesses

While writing his weekly column in Forbes Ron Shevlin of Cornerstone Advisors says the new Money in Excel tool from...
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FintechUSA
·Jun. 11, 2020

How Sunrise Bank Overhauled their Tech for PPP

Minnesota based Sunrise Bank, like most other banks, needed to make some quick decisions about how they would lend Paycheck...
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FintechUSA
·Jun. 24, 2020

Public Cloud Providers Continue Poaching Wall Street Veterans to Lure Clients

Cloud providers Amazon Web Services, Google Cloud, Microsoft, and IBM have been working to convince more financial services companies to...
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FintechNews RoundupUSA
·Aug. 14, 2017

Microsoft Releases Ethereum Based Protocol Coco

The Confidential Consortium framework called Coco is an ethereum-based protocol that organizations can use to process information on the ethereum blockchain; Microsoft Azure's CTO says it can help enterprises scale their operations securely; explaining the benefits of the technology, Coco user, Tom Racette, vice president at Mojix, said: "Being able to run our existing supply chain Dapp code much faster within Coco framework is a great performance improvement that will reduce friction when we talk about enterprise blockchain readiness with our retail customers. Adding data confidentiality support without sacrificing this improvement is what will enable us to lead the digital transformation we are envisioning with smart supply chains." Source

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