6 Results
Anna Antimiichuk Head of Communications, PhD at Corlytics
Digital banks have transformed the financial industry in recent years bringing an attractive wave of innovation that reshaped customer expectations, prioritising user-friendly digital experiences, low fees, streamlined services and many other irresistible add-ons. These banks have leveraged technology to fill gaps left by traditional institutions,...
18 November 2024 /regulation /predictions Banking
As the digital age matures, organisations across the globe are embracing artificial intelligence (AI) as a major driver of innovation. However, as AI evolves at a breakneck pace, with its increasing role in business strategy, operations, and governance, a critical question has surfaced: do companies already need a dedicated Chief AI Officer to ove...
25 October 2024 /ai /regulation Artificial Intelligence and Financial Services
In an era dominated by artificial intelligence (AI), society stands at a crossroads. Do we take advantage of the unprecedented opportunities AI presents, or do we hesitate, waiting for the consequences of under-regulation to manifest? Lord Chris Holmes, MBE, in his recent speech at the #RISK conference in London, addressed this very dilemma, call...
10 October 2024 /ai /regulation
Data management is a critical issue for financial institutions: the challenges associated with it are vast and multifaceted. A group of industry experts from Nomura, BNY (ex-BNY Mellon), and Xceptor explored these challenges at a recent AFME OPTIC conference in London discussing some ways financial institutions can unlock the true value of their
05 October 2024 /ai /cloud Artificial Intelligence and Financial Services
With only three months remaining until the implementation date, AFME brings to the light DORA-readiness after the transition period The implementation of DORA – the Digital Operational Resilience Act that’s looming on the horizon – is being viewed as a significant operational uplift by all market participants, one of the AFME's panel discussio
02 October 2024 /regulation /markets Banking Regulations
Money launderers are increasingly using cryptocurrencies to conceal the origins and movement of illegally obtained funds, according to the latest money laundering and cryptocurrency report from Chainalysis, a blockchain analysis firm. This pattern of increasing money laundering cases, also those that are driven by the widespread use of cryptocurr...
26 July 2024 /regulation /inclusion Blockchain in Banking and Financial Services
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