Binh Dang Marketing Executive at smartKYC
In recent years, Know Your Customer (KYC) processes have become increasingly critical for financial institutions and other regulated entities to mitigate risks associated with money laundering, fraud, and terrorism financing. However, traditional KYC methods are often time-consuming, manual, and prone to errors The emergence of Natural Language Pr...
24 June 2024 /ai /crime RegTech
Carlo R.W. De Meijer Owner and Economist at MIFSA
On May 23, the US Securities and Exchange Commission (SEC) approved eight spot Ethereum or Ether ETF applications. These applications to be listed on US exchanges Nasdaq, CBOE and NYSE, may pave the way for the products to begin trading later this year after getting the green light. This announcement marks a pivotal moment in the cryptocurrency m...
24 June 2024
Abhinav Paliwal CEO at PayNet Systems- A Neo Banking Software Platform
It was long believed that developed economies firmly rooted in the credit and debit card tap-and-pay ecosystem would be difficult to change. Due to their perceived insecurity and clumsiness, QR code payments were limited to developing nations. But a subtle revolution is taking place that is upending this presumption. Singapore is one example. Once...
24 June 2024 /security /payments Banking
Chandresh Pande Consultant at TCS
As per the latest survey, one in four people has lost track of at least one pension in the UK, with almost three million pension pots left unclaimed. The estimated combined value of these unclaimed pensions is a staggering £26.6 billion1. Thus, a pressing need was long felt by the authorities and pension holders in the UK for a program that helps ...
24 June 2024 /wealth /inclusion Consumer Financial Health
Marcus Martinez Industry Advisor, Worldwide FSI at Microsoft
Generative Artificial Intelligence (GenAI) has ushered in a new era of technological advancement, bringing with it a paradigm shift in how we perceive and interact with technology. Interestingly, this wave of innovation is not just being embraced by the younger generation but is significantly being adopted by older individuals, a reversal of the t...
23 June 2024 /ai /people Artificial Intelligence
Raktim Singh Senior Industry Principal at Infosys
Privacy Enhancing Technologies (PETs) are a suite of tools that can help maximize the use of data by reducing risks inherent to data use. These innovative solutions facilitate the handling, processing, and sharing of information while reducing the risk of exposing data. Need for Privacy-Enhancing Technologies In today's landscape marked by concerns...
22 June 2024 /security /regulation Technology for Social Good
Brittany Allen Trust & Safety Architect at Sift
Walking the floor at the recent Merchant Risk Council (MRC) annual Las Vegas conference, I was struck by how often one particular topic kept coming up in my conversations with merchants across different verticals and sizes: refund fraud. Industry leaders and practitioners are seeing rampant refund abuse, representing a significant source of financ...
21 June 2024 /identity /crime
Roman Eloshvili Founder and CEO at XData Group
In the age where consumer preferences are shaped by digital convenience, online banking stands as a pivotal factor in the selection of financial institutions. Interestingly enough, an overwhelming 91% of people consider digital banking crucial when choosing a bank. Despite this, the satisfaction with online banking services has seen a decline, wi...
21 June 2024 /ai /inclusion Artificial Intelligence and Financial Services
Concept of Self Supervised Learning Self-supervised models generate implicit labels from unstructured data rather than relying on labeled datasets for supervisory signals. Self-supervised learning (SSL), a transformative subset of machine learning, liberates models from the need for manual tagging. Unlike traditional learning that relies on labeled...
20 June 2024 /ai /retail Technology for Social Good
Laurent Descout CEO at NEO Capital Markets
In recent weeks, volatility has started bubbling up again with currency rates fluctuating bringing FX risk management back to the fore for many businesses. In April, Bloomberg’s gauge for hedging swings jumped to its highest since January, influenced by the ongoing conflict in the Middle East and speculation that the Fed will have to hold monetar...
20 June 2024 /startups /markets Fintech
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