A Brief History Of Bitcoin Mining

November 27, 2018

A good few years ago, back in 2009, mining Bitcoin for many was merely considered a hobby. For those that were interested in cryptocurrency, they considered mining it a lucrative and interesting way to pass the time. All that was needed was nothing more than a simple computer, meaning that there was no need for special investments or dabbling in Bitcoin exchanges.

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Federal Reserve Bank of Richmond

The Richmond Fed is one of 12 independent regional Reserve Banks that, along with the Board of Governors in Washington, D.C., serve as our nation’s central bank.

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Top Four Strategic Technology Trends for Finance to See in 2022

Infographic | March 9, 2022

Provides a flexible and resilient integration of data information. At least 70% of data management efforts are reduced efficiently. Provides a flexible and resilient integration of data information. At least 70% of data management efforts are reduced efficiently.

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Evolution of Banking: From Brick-and-Mortar Banks to Digital Banking

Infographic | March 30, 2023

Mobile deposits, online bill payments, and real-time transaction monitoring make digital banking an appealing alternative to traditional banking.

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Three Best Areas for Automation in Finance

Infographic | March 30, 2022

Automation has a critical role to play in managing the financial processes. Fraud prevention: Financial teams need best practices to manage and detect fraud in financial activities.

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Make Big Data Your Big Advantage in Financial Services

Infographic | December 1, 2021

But what is Big Data? In a nutshell, it is the ability to retain, process, and understand data like never before (Zikopoulos, 2015). Big Data is when you have challenges that cannot be handled by traditional database systems. Challenges in the context of Volume, Variety, Velocity, Veracity. These can be found in Financial Services. In fact, technology is so integral to banking that financial institutions are now almost indistinguishable from IT companies. This article looks at the Financial Services industry to examine Big Data and the technologies employed. It further covers ROI, Big Data analytics, regulation, governance, security, and storage as well as obstacles and challenges that have made the industry what it is today.

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Open Banking Tech Platform Valuations at All Time High as Investors Eye Future Opportunities

Infographic | November 19, 2021

Open banking technology platforms exhibit double and triple-digit revenue growth (figure 1) These platforms showcase triple-digit revenue multiples: Truelayer, Railsbank and Tink have valuations of more than 100x revenue (figure 2) High M&A and funding activity drives growth and valuation, and the cards schemes are also in the game (figure 2) Data aggregation and payments are the most common use cases, followed by personal finance, credit scoring, and business management (figure 3) Open banking platform services largely address banks and select verticals such as iGaming, insurance, and property management today. Payments and credit scoring are the most applied services across many verticals (figure 4)

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The next frontier in Banking transformation

Infographic | February 10, 2020

Here’s how digital security pioneer V-Key helps banks establish secure and agile digital channels, without hardware. As technology evolves, banks and financial institutions have no choice but to innovate. However, when it comes to security, many still rely on traditional, costly methods.

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Federal Reserve Bank of Richmond

The Richmond Fed is one of 12 independent regional Reserve Banks that, along with the Board of Governors in Washington, D.C., serve as our nation’s central bank.

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