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A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.
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David Holden-White Co-Founder & Managing Director at techspert.io
The world is awash with information. Analyst house IDC estimated that more than 59 zettabytes of data would be created, captured, copied and consumed in 2020, and that the amount of data created over the next three years will be more than what was created in the past 30. The boom in consumer technology and the rapid improvement in mobile connecti...
25 February 2021 /identity
Christoph Gugelmann CEO at Tradeteq
Over the last decade, there’s not a single industry that hasn’t been re-shaped by technology in one form or another. However global trade and trade finance is one of the few exceptions where change has been somewhat slow, but things are changing for the better. As 2021 begins, now is the time for trade finance to double down on technological chang...
23 February 2021 /startups
Carl Wegner CEO at Contour
The global trade and trade finance industries are nearing an inflection point where we will either embrace digital platforms en masse, or will return to discussions about a future held back by endless challenges, as pockets of digitisation progress. For the most part, the technical challenge of digitisation has been solved through progressive appro...
11 February 2021 /wholesale /startups
Garima Chaudhary Head of Fin. Crime Solution Consulting - Americas at Oracle
The United Nations Office of Drug Crime estimates that $800 billion to $2 trillion, or 2-5% of global GDP, is laundered globally every year. What is driving this massive amount of money laundering? After drug trafficking, human trafficking is the second top motive for money laundering. Forced labor generates over $150 billion per year by robbing ...
02 February 2021 /regulation /crime
Drug Trafficking Is Widespread Drug trafficking is a global problem—and despite decades of research, regulations, and enforcement, it remains a $400 billion global business. Government ministries and agencies around the world continuously monitor and research illicit drug markets to gain a more comprehensive understanding of this nefarious industr...
26 January 2021 /regulation /crime
Elliott Limb Chief Customer Officer at Mambu
A return to relationship banking The move away from customer-centric banking was so gradual that we barely noticed it. There was a time when having a personal relationship with your local branch manager who you met with regularly, understood your finances and gave you advice was commonplace. Digital technology changed this, focusing on convenienc...
08 January 2021 /cloud /predictions
Jane Zimmerman Principal Solution Marketer at Oracle
Money Laundering in the World of Fine Art Criminals remain relentless in their quest to stay one step ahead of the law. The connection between money laundering and the rarified world of fine art is a perfect example of their nefarious creativity. While no one knows how much money is laundered through art, art and collectible wealth held by ultra-hi...
17 December 2020 /regulation /crime
Retired Member
A business which asks for too much information or is confusing about their data needs will simply alienate the customer. Customer onboarding has always been important, but in the new digital world, where most things can be found, bought and sold with the touch of a button, customer expectations and demands have increased. So what happens if there i...
11 December 2020 /regulation /identity
“The human face is, after all, nothing more nor less than a mask.” Dame Agatha Christie, the famous murder-mystery writer, once said. Our face is just a mask in an ocean of masks, and it only shows what we want to show, not who we really are or how we feel. While this quote refers to the process of how we tend to hide our true emotions, it could al...
10 December 2020 /regulation /identity
Collective intelligence and dialogic communication are possibly alien concepts amongst the banking and financial services community. Many senior leaders would likely dismiss it as irrelevant to their particular responsibilities and business objectives. I’m sorry to say that if this is the case, they are missing a trick. Strategising in the world ...
07 December 2020 /covid-19
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