Data sharing

Trust is the essential oil needed to make data flow in today’s transactional era. However, privacy and security concerns mean that many people and organisations are increasingly unwilling to share their data. We believe that data sovereignty forms the cornerstone of digital trust. Making data sovereignty a key design principle will stimulate data sharing as the basis for enabling everyone – not just the big tech giants, but also all other businesses, organisations and especially citizens.

Chris Lewis Head of Solutions at Synectics Solutions

The cultural hurdle AML must overcome to combat money mules

It's difficult to overstate just how large a problem money muling is. This notoriously elusive financial crime is an unrelenting stressor on banks and payment systems processors, and connected to $4.9 trillion worth of laundered money. Incredibly, this staggering figure is set to rise further. Is money muling evolving faster than we can react? The ...

12 March 2024 /payments /crime

Angus Burrell VP Global Omnichannel Strategy at PayComplete

Can fintechs help retailers grow advertising revenue?

Through the 2010s, Alphabet and Meta grew to become the twin titans of digital advertising - known as the duopoly - with Facebook & Instagram dominating mobile and with Google dominating search and web-based display ads. But while digital ad spend has continued to rise overall, their share has declined from its 2017 peak of 55 per cent owners...

04 July 2023 /payments /startups

Bo Harald Chairman/Founding member, board member at Transmeri, Demos, Real Time Economy Program,MyData

My e-Journey - looking forward. Part 9. European interoperable trust infrastructure platform

I had thought that my stories would advance in chronological order - but notice that so many rungs and rail composites from the early e-ladders are important in the next ones - that I keep moving back and forth. I hope it still makes sense. At this point I cannot stay away from looking to the next concrete platform - the interoperable European Trus...

07 January 2023 /retail /identity

Adam Lieberman Head of Artificial Intelligence & Machine Learning at Finastra

Why PySyft is the open-source hero technology the world needs

Data is the most valuable resource we have today when it comes to solving our greatest challenges. With the right data, and enough of it, there is no limit to the compelling use cases we can create. Imagine a world where we could stop financial crimes like money laundering, help reduce the number of deaths due to breast cancer, and more accurately...

10 October 2022 /regulation /cloud

Greg Woolf CEO at Fiverity

Collaboration: Your Best Line of Defense Against Fraud

When harnessed correctly, collaboration is an extremely powerful tool. It drives innovation, increases chances of success, improves communication...the list goes on. But did you know that collaboration is also the financial services industry’s best line of defense when it comes to meeting one of its greatest challenges – detecting digital fraud? ...

20 July 2022 /security /crime

Ron Benegbi Founder & CEO at Uplinq Financial Technologies

Alternative data: Using macro data points to understand SMB financial performance

A constant and long-standing pain-point for SMBs has been the difficulty they face in securing financing compared to their larger peers. This has been due in large part to the traditional banks considering SMBs to be both high-risk and high cost to underwrite, onboard, and serve. It has been a problem compounded by the fact that credit reporting ...

20 October 2021 /payments /inclusion

Howard Berg Senior V President,North and Central Europe, BPS at Gemalto DIS

Banking data – who owns it?

Banks have long been the custodians of our financial assets – our money, credentials, and our data – and the heart of our society. However, as digitisation has developed, so has the realisation of the importance of data’s value in enabling new services; from the latest Netflix suggestions based on our viewing history or emails on the latest trends...

19 May 2021 /security /regulation

Shikko Nijland CEO at INNOPAY

Digital Sustainability: call to action against global data pollution

I'm convinced this year will be a decisive turning point in the war against a creeping yet potentially devastating type of pollution. This is the 'data pollution' which threatens to overwhelm our digital world. Just as nations are now committing to more challenging environmental targets in the physical world, we must also recognise the threat of da...

26 January 2021 /regulation /sustainable

Jussi Karjalainen CEO at Valtatech

Data driven business intelligence begins with data integration

- Top tips for getting your finance and procurement data in order. We are all striving for the ability to make data-driven decisions. Whether it is using data to find patterns, identify emerging trends, or extract insights that are not obvious from the surface. But how many of the following scenarios sound familiar? Perhaps your data is not access...

28 October 2020 /cloud /devops