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Issues much larger than bank technology
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The modern business world is fast-paced. Which isn’t inherently bad, it means it’s dynamic and full of opportunities. But speed often leads companies to focus on instruments at the micro-level or simply favor only ultra-modern tools and paradigms. Slower-burning, more traditional considerations are often ignored or undervalued by local businesses, ...
30 October 2019
Bo Harald Chairman/Founding member, board member at Transmeri, Demos, Real Time Economy Program,MyData
The Economist article also describes how policy makers and central banks often have to resort to outdated price data and how sudden important changes typically are in a global economy. So when they find the data the important trends may already have emigrated to the next big thing. As we have moved from soon mandatory e-Invoicing+e-Receipts to...
23 October 2019 /ai
Indian banking ecosystem has over 920 Million debit cards in circulation. That is almost 20 times as many active credit cards in the country. In spite of the great number of cards in circulation, our actual-usage of it is far lesser than desired. Sadly, each debit card gets used only 1.4 times (average) every month. Worse still, 7 out of 10 times,
23 September 2019 /payments
Konrad Litwin Global General Manager - Testing at Perforce Software
2019 is a landmark year for the mobile industry: the introduction of foldable smartphones by firms including Huawei, LG and Samsung is one of the most significant developments that market sector has seen for years. As well as presenting design challenges for device manufacturers, it also means that any app running on foldable phones will need to s...
20 August 2019 /devops
Shailendra Malik SVP - Tech Delivery (Data Platform) at DBS Bank
We attend many conferences, workshops, speeches, office workshops and professional events. In my experience, the professional events have a better cadre of speakers not because of the content or intelligence but because of their clarity of what they want to share. Professional speakers just by their sheer experience of doing it over time, underst
09 August 2019
Ron Cogburn CEO at Exela Technologies
"Fortune favors the prepared mind." Louis Pasteur This is a reprint from my recent Forbes Technology Council article. My experience in business process automation has given me firsthand exposure to the kind of job displacement that’s possible as new technologies emerge. As I (and others) have said, we’re in the midst of another indust...
26 July 2019 /ai
"What if everything is an illusion and nothing exists? In that case, I definitely overpaid for my carpet." Woody Allen What if, during your next hotel stay, a digital kiosk used facial recognition software to recover your reservation, a voice-controlled smart speaker adjusted the temperature in your room, and an artificial intelligence...
11 July 2019 /ai
This post is adapted from a March 2019 blog at www.bcmstrategy2.com. Artificial Intelligence (AI). Everyone either wants to use it or fret about robots running the world. Whether it’s the “fourth industrial revolution” under discussion at the World Economic Forum in Davos this year or the “second machine age” popularized by MIT professors recent...
17 May 2019 /ai
"Change is the law of life. And those who look only to the past or present are certain to miss the future." John F. Kennedy This article is a reprint from my recent article with the Forbes Technology Council As humans, our obsession with predicting the future has been a constant throughout history. Ancient Chinese farmers developed perh...
13 May 2019 /ai
“Know your customer” (KYC), while a critical regulatory requirement, can quickly get gummy and frustrating when data is scattered across multiple systems. Financial institutions collect massive amounts of customer data—where people live, what they drive, whether they own homes, what credit cards they use—that can satisfy anti-money laundering (AML...
02 May 2019 /regulation
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