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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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Freddie McMahon Director Strategy and Innovation at DF2020 Ltd
Just as a reminder, Complex Knowledge is any combination of regulatory, statutory, legal, tax, tariff, policy and procedure matter, which is primarily found within documents. USE CASE: HOUSEHOLDER PLANNING PERMISSION Setting the scene The understandings from this particular use case are universal in terms of Complex Knowledge. The initial sce...
29 December 2017 /ai /regulation
Henry Hilska Managing Principal at Convexity Solutions
It is hard to avoid hearing about Bitcoin these days as mention of the meteoric rise in value of the crypto-currency has become so prevalent in both the traditional and social media. What is less prevalent, but what should ultimately have a greater impact overall is the technology that underpins this phenomenon, namely Blockchain. Despite some ...
23 December 2017 /retail
Priya Lakshmi Digital Leader at Own
The rise of the gig economy has given rise to many marketplaces and businesses – eBay, Uber, AirBnB and the like that support this shared services economy. Uber and AirBnB disrupted the current business models of hotels and taxis but it is not too far away that technology like Blockchain can disrupt this very model and put the control back in the ...
21 December 2017
Linda Zaikovska-Daukste Co-founder | COO | CFO at UXDA
Finance has always been quite conservative but it hasn’t missed out on technological progress. Now banks are separating from their customers due to technological progress. According to the research, 40% of American bank customers don’t visit banking offices for six months or more. The number of local bank branches decreased by almost 50% between 1...
18 December 2017
As covered previously, Chatbot Natural Language Processing (NLP) is not underpinned by Artificial Intelligence that is a Singularity, all knowing, god like. Once this is obviously clear then it is important to understand NLP constraints and limitations. The science behind NLP is to take a free-form text or voice utterance, which is a form of B...
08 December 2017 /ai /regulation
Richard Carter Managing Director at Equiniti Credit Services
A New Game Awaits Digital fluency and a thirst for convenience are making the UK’s borrowers more capricious and cost-sensitive than ever. Interest rate rises, and new regulations will add fuel to this fire next year, and lenders that can’t keep up will get burned. 1) Lowest price wins In the digitised age of credit price comparison sites,
30 November 2017 /retail /inclusion
Blockchain is very exciting for many and offers tremendous opportunities to make processes more efficient, create new markets and change existing market infrastructure. A lot of people are also joining the bandwagon because it is complex, difficult to understand (oh well, its building blocks are game theory (consensus based), cryptography and peer...
17 November 2017 /ai
Jose Pierre CEO at Marketware International, Inc.
It is no longer a question that Emerging technology, such as robotic process automation (RPA) and, cognitive computing will have great impact on our businesses in years to come and, will undoubtedly transform the workforce of the future across the financial sector. Today, RPA is at the forefront of human-computer technology and promises to provid...
14 November 2017 /ai
Henri Wajsblat Financial Services Expert at Anaplan
The CFO role in financial institutions has always been pivotal. But as the industry evolves and technology and data become increasingly critical to operations, CFOs have taken the lead in driving industry transformation, and technology is the vehicle they’re using for change. For the modern bank CFO who is embracing new strategy and performance re...
14 November 2017 /retail
Jeremy Light Co-founder at Fourdotzero
It is a while since I have written about Bitcoin, but I continue to be fascinated by it. In particular, by Bitcoin’s ability to endure and continue serenely on in the face of all manner of controversies and headwinds. Possible Outcomes I have a long-held view there are only two possible outcomes for Bitcoin – it will either disappear, or it will be...
13 November 2017 /payments
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