Technology

Blockchain technology finally gets "real" with a letter-of-credit deal between Ornua, an Irish dairy company, and state-owned wholesaler Seychelles Trading Company. 

Yann Gérardin, head of corporate and institutional banking, talks about how BNP stays ahead in serving corporate and institutional clients.

The EU hit Apple with a tax bill, but it's not the only company in regulators' sights. McDonalds, Facebook, Google and Amazon are being called on the carpet about tax practices too.

Turkey, a highly wireless nation, embraces mobile technology for financial transactions.

The 2016 Global Cloud Data Security Study, compiled for digital security company Gemalto by the Ponemon Institute, shows that safety measures are not keeping up with Cloud data challenges, making organizations vulnerable in storage and management of confidential information.

Tayfun Küçük, chief technology officer at Odeabank, tells Global Finance the bank will focus on mobile as a key channel for customer acquisition.

A new award from Global Finance recognizes banks with outstanding service and practice, but not necessarily the biggest balance sheets.

SECURITY | Cybersecurity forecasts predict more and stronger attacks on corporate and bank technology systems. One treatment: Inoculate by intentionally attacking your own system to find weaknesses before hackers do. 

Uncertainty in the financial sector calls for attention to innovations that will cut a clear path through the confusion. 

Serhat Yıldırım, senior vice president of digital banking at Akbank, talks about mobile banking advances in Turkey.

Garvan Callan, director of customer, digital and innovation at Bank of Ireland, talks with Global Finance about the bank’s digital offerings.

Cross-Border Payments | Magic is only for fairy tales, but new technologies promise a magical transformation in cross-border payments. 

Jeff Marshall, head of the digital factory at Scotiabank, talks about the dramatic change in how customers interact with banks.

By aping technology firms, banks that simplify solutions and focus upon the customer experience will be the ones that survive.

US | Wal-Mart’s decision to buy Jet.com, a fast-growing e-commerce company, for $3.3 billion is being viewed as a shrewd move for both companies—one that strengthens their ability to compete with Amazon. 

Clement Naples, partner at Latham and Watkins, a global law firm specializing in intellectual property, visited Global Finance to talk trends in patent litigation, valuations and the role of IP in investment decisions. 

MERGERS & ACQUISITIONS | Verizon's purchase of Yahoo assets will help it build the strength it needs to compete with other telecomm/tech giants. 

The theft of $81 million from Bangladesh Bank earlier this year highlights the problems that accompany technology’s benefits.

Demands for tech-enhanced service, a younger cohort of clients and worldwide regulation are driving innovation.

Amid the surge in global trade, financial institutions are revisiting the way they conduct transaction banking.