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A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.
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Hans Hagen Founder at Alphastrike
Most businesses have some problem they need to solve at any given point in time. These days, getting stellar growth may be a challenge, and the cost of acquiring a new customer seems to go only one way. Up. Ouch! For others, it may be that the business you set up a few years back is no longer performing as expected, and a change is needed. But you...
24 March 2021 /startups /inclusion
Retired Member
Tech-savvy consumers started using leading mobile wallets in the likes of Apple Pay, Google Pay, Samsung Pay, a few years back. Under the circumstances created by COVID-19, a new wave of adopters joined the ranks as more and more in-store clients favored contactless transactions. So it is now widely known that smartphones can be used as a payment ...
09 March 2021 /payments /predictions
Paul Shumsky Technology Advisor at Entrepreneur
Growing Impact of Financial Software Solutions The COVID-19 pandemic provided a unique opportunity for the fintech industry. It fast tracked a shift from traditional banking services predominance to the abundant digitalization of financial services. This year is likely to be just as momentous, with digital banking no longer considered just a finan...
09 March 2021 /payments /retail
Steve Strickland-Wright Group CTO at Fluent Money Group
Today’s forward-thinking financial services providers are turning to next-generation technologies such as Big Data Analytics, AI, and cloud-native applications. This shift in direction has been sparked by a need to match the performance and flexibility of new market entrants and to meet growing market expectations for digital services. With the de...
08 March 2021 /cloud /markets
Recent money-laundering scandals have shaken public trust in the banking sector. How can banks rethink their approach to AML? The BBC’s recent Panorama documentary, “Banking Secrets of the Rich and Powerful,” is an uncomfortable watch for anyone working in the banking sector. While all banks have anti-money laundering (AML) teams and talk about t...
03 March 2021 /crime
Stu Bradley Sr. VP of Risk, Fraud and Compliance Solutions at SAS
2020 was a year like no other, as disruption from the novel coronavirus pandemic created interlinked health and economic crises. In retrospect, the unknown magnitude of COVID-19 and its ripple effects did little to derail the accuracy my 2020 fraud predictions. Three of the five came to fruition, and we saw partial progress toward the remaining tw...
25 February 2021 /crime /predictions
David Holden-White Co-Founder & Managing Director at techspert.io
The world is awash with information. Analyst house IDC estimated that more than 59 zettabytes of data would be created, captured, copied and consumed in 2020, and that the amount of data created over the next three years will be more than what was created in the past 30. The boom in consumer technology and the rapid improvement in mobile connecti...
25 February 2021 /identity
Christoph Gugelmann CEO at Tradeteq
Over the last decade, there’s not a single industry that hasn’t been re-shaped by technology in one form or another. However global trade and trade finance is one of the few exceptions where change has been somewhat slow, but things are changing for the better. As 2021 begins, now is the time for trade finance to double down on technological chang...
23 February 2021 /startups
Carl Wegner CEO at Contour
The global trade and trade finance industries are nearing an inflection point where we will either embrace digital platforms en masse, or will return to discussions about a future held back by endless challenges, as pockets of digitisation progress. For the most part, the technical challenge of digitisation has been solved through progressive appro...
11 February 2021 /wholesale /startups
Garima Chaudhary Head of Fin. Crime Solution Consulting at Oracle
The United Nations Office of Drug Crime estimates that $800 billion to $2 trillion, or 2-5% of global GDP, is laundered globally every year. What is driving this massive amount of money laundering? After drug trafficking, human trafficking is the second top motive for money laundering. Forced labor generates over $150 billion per year by robbing ...
02 February 2021 /regulation /crime
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