1068 Results from 2020
Lisette Anciaes Senior Account Director at TCA Group of Companies
We are living in uncertain times; the COVID-19 pandemic is changing the world as we know it more specifically the work force. Although there have been thousands of layoffs, so many people are still working from home or through preventative measures at their workplaces and many employers are looking for ways to motivate those that are out there for...
17 April 2020 /people /covid-19 Fintech
Retired Member
Unprecedented measures taken by government to contain the spread of coronavirus have triggered the worst social and economic crisis since 2009, jeopardizing the global financial system. It might seem like we have already hit the bottom, but the situation will likely become worse in the months to come. If previous crises has taught us something, he...
17 April 2020 /retail /wholesale Banking Strategy, Digital and Transformation
Yaroslav Kuflinski AI/ML Observer at Iflexion
Fraud is an ever-lasting problem for banks and other financial institutions, which only continues to persist. As we are moving toward ubiquitous digitalization, criminals are discovering new weak spots in financial digital applications. Paradoxically, the technology works both ways: it helps firms to provide better customer experience and optimize ...
17 April 2020 /security /crime
Clive Bellows Head of Global Fund Services, EMEA at Northern Trust
Regulation, rising costs, compressed fees all contributing to pressure of change Investment managers undoubtedly feel the pressure of change. Costs are rising, fees are stretched, and margins are being compressed. Simultaneously, the industry is facing significant regulatory and compliance shifts. Under such circumstances, it’s nearly impossible...
17 April 2020 /regulation /wholesale Trends in Financial Services
Matthew Cheung CEO at ipushpull
Firms embracing the latest communication, collaboration and workflow platforms have a significant advantage. Coronavirus has caused a dramatic shift in working practices globally, with particular challenges for front office workers in capital markets. Financial institutions have moved operations in differing ways but there has been a clear progres...
17 April 2020 /markets /covid-19 Capital Market Technology
The coronavirus pandemic has taught people to use QR codes in new and broader ways. This presents a great opportunity to shake up international payment systems with their wildly expensive commissions - and move to something better. QR codes are one of humankind’s brilliant inventions, and yet, they are still underestimated. In developed countries,...
17 April 2020 /payments /covid-19 Innovation in Financial Services
When it comes to commercial lending, credit analysis is an essential part of the process. Banks need to assess the ability of a business to sustain a certain level of debt and repay loans, but a lack of data availability, coupled with human bias, can make this difficult to assess. A steakhouse on Wall Street catering to investment bankers for exam...
17 April 2020 /wholesale /covid-19 Artificial Intelligence and Financial Services
Due to the recent events around the world, we are seeing more and more discussions around new payments methods from cheques and cash, to bitcoin and virtual payment cards. PYMNTS.COM “Paper Checks, COVID-19 and the Flaw With Analog Relief Payments”, March 18, 2020 https://www.pymnts.com/coronavirus/2020/paper-checks-covid-19-analog-relief-payments ...
16 April 2020 /payments /covid-19 Fintech
Anjani Kumar Principal Consultant - FS Risk & Compliance at Infosys Limited
“Every company, investor, & bank that screens new & existing investments for climate risk is simply being pragmatic” - Jim Yong Kim (Former President, World Bank) As per Prudential Regulation Authority (PRA) findings from a 2018 survey of UK banking sector, even as 70% of the banks acknowledged that climate change present financial risks, ...
16 April 2020 /sustainable Financial Risk Management
To say that the COVID-19 pandemic has changed life as we know it is already an overused statement. However, it is hard to argue with the sentiment. Markets are currently defined by loss and uncertainty. Growth outlooks for many economic sectors have been slashed. The petroleum, chemical, and gas industry are one of those who have seen losses and n...
16 April 2020
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