Archives

October 18, 2022 @ 7:22 am By Omar Faridi  |  

EY reveals that it has further expanded its tech ecosystem with the introduction of a business transformation platform, EY Nexus, which is enhanced for financial services and developed for quick deployment of new products and solutions. The introduction of EY Nexus marks a key milestone,… Read More

July 12, 2022 @ 11:41 pm By Omar Faridi  |  

More than 90% of UK consumers with a retirement saving pot have said they would “consider using a digital dashboard to get a consolidated view of their total pensions, savings and investments.” This, according to a report by TISA (The Investing and Saving Alliance) and… Read More

March 7, 2022 @ 6:56 pm By JD Alois  |  

EY and Deloitte have joined their main competitors KPMG and PWC in exiting operations in Russia due to its invasion of Ukraine. EY explained in a series of tweets that it would continue to support its colleagues with financial support and more while ceasing operations…. Read More

October 10, 2021 @ 7:44 pm By Omar Faridi  |  

Big Four auditing firm EY reveals that two new partners have been added to its Banking Technology Consulting practice as the company responds to growing market demand and invests in growth. The senior appointments come as the practice – which provides digital transformation services to… Read More

September 17, 2021 @ 9:12 am By Omar Faridi  |  

EY, an international consulting and tech firm, is working with Polygon on developing and implementing scaling and enterprise services for the Ethereum (ETH) ecosystem. As part of this collaboration, EY and Polygon will be working cooperatively on Polygon Nightfall, a public, privacy-oriented Rollup. EY will… Read More

August 4, 2021 @ 5:01 pm By Tony Zerucha  |  

The Securities and Exchange Commission (SEC) this week charged accounting firm Ernst & Young LLP (EY) along with one current and two former partners with improper professional conduct for violating auditor independence rules in connection with EY’s pursuit to serve as the independent auditor for… Read More

July 4, 2021 @ 4:33 pm By Omar Faridi  |  

Big Four auditing firm Ernst & Young (EY) has contributed a zero-knowledge proof (ZKP) layer-2 protocol into the public domain in order to help with addressing rising transaction costs on the Ethereum (ETH) blockchain network, the world’s largest smart contract platform. The protocol has been… Read More

September 29, 2020 @ 9:51 am By JD Alois  |  

Global consulting group EY has announced the launch of “EY OpsChain Network Procurement solution.” The Ethereum based platform is said to allow companies to privately run end to end procurement activities. The beta version is free to use. The blockchain platform seeks to convert procurement… Read More

March 24, 2020 @ 2:34 pm By Omar Faridi  |  

James Lloyd, associate partner at Big Four auditing firm Ernst and Young (EY) and Asia-Pacific Fintech leader, claims that financial technology growth and adoption is surging in the Asia-Pacific region. He notes: “[Fintech development in Asia is] driven by consumers’ desire for more attractive fees… Read More

December 8, 2016 @ 5:25 am By Erin Hobey  |  

According to the new report “The Rise of Fintech in China” by DBS and EY, China has outpaced London, New York and Silicon Valley to become the world’s undisputed global fintech leader. Neal Cross, DBS chief innovation officer, indicated that favorable government policies and regulations contributed… Read More

February 4, 2016 @ 1:13 am By Midori Yoshimura  |  

EY and Innovate Finance have just announced the launch of a FinTech secondment program, according to a recent press release. As the only Big Four member of Innovate Finance, one of the world’s largest membership association for FinTech, EY will second members of staff into Innovate… Read More

December 22, 2015 @ 9:22 am By Erin Hobey  |  

15.5% of digitally active consumers currently use financial technology products Payment services are the most popular product offering Users are younger, wealthier and increasingly urban With 29.1%, Hong Kong has the highest rate of FinTech use of all surveyed markets  “Higher-income individuals are some of the… Read More

April 13, 2015 @ 10:40 am By Erin Hobey  |  

Poor service is pushing companies to look for alternative banking options, according to EY’s global commercial banking survey, advancing service in a digital world. Nearly a third (28%) of Canadian commercial banking customers experienced an error with their primary bank in the past 12 to… Read More