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Travel and tourism now accounts for a staggering 10.2 percent of global GDP . And, where there is money, criminals will follow. Add to that the specific nature of travel transactions – high value one...
“I want the world, I want the whole world I want to lock it all up in my pocket, It's my bar of chocolate Give it to me now! Don’t care how, I want it now.” - Willy Wonka and the Chocolate Factory ...
With the European General Data Protection Regulation (GDPR) finally coming into effect on May 25, 2018 after years of negotiation and preparation, financial services companies are facing a major chall...
Time to read: 5 minutes The strategic quote … A strategic inflection point is that moment when some combination of technological innovation, market evolution, and customer perception requires the comp...
Digital commerce has crossed its chasm of adoption and it is now part of the strategy for all major financial institutions to create an omni-channel environment for their end-customers. As the entry-b...
Which? has issued a report that claims the Big 5 Banks in the UK are closing their branches at the rate of 60 a month. If this is true, it will not be the run-rate of closures for long. Barclays,HSBC,...
Over the last few years there have been many articles extolling the virtues of Blockchain and Distributed Ledger Technologies (DLTs). These often began by going through every imaginable use case for D...
In this second part of my blog on scalability the main Layer 1 and Layer 2 solutions will be described and judged on their ability to meet the three Scalability Trilemma requirements: scalability, sec...
Last week the Dutch Central Bank launched a report on blockchain, in which they concluded that the blockchain technology “fundamentally failed to pass muster as a realistic replacement for current fi...
A continuous strive towards making payment faster and easier is embracing technology innovation, like never before, which at the same time is creating newer risk exposures for frauds and money launder...
The UN calls time on Libyan human traffickers Last Thursday, six men were sanctioned by the UN for running a prolific human trafficking network in Libya. The sanctions are remarkable because they are...
A recent FT article – ‘AI in banking, the reality behind the hype’ – discussed the potential of AI to revolutionise banking. But beyond the use of chatbots to automate customer interactions and mach