Bo Harald Chairman/Founding member, board member at Transmeri, Demos, Real Time Economy Program,MyData
Why? Because too many still think that the wallets will be used only or mainly to identify citizens. When they in fact will serve life events not only for citizens - but also for organizations and things - with all sorts of verified data - building the identity - all the way to a digital twin (if so chosen). The state issued identification credent...
28 June 2024
Tejasvi Addagada Enterprise Data Head at Fortune 500 financial service provider
A more common question today is "whether privacy enhancing technologies should be used in conjunction with privacy management tools?". Privacy enhancing technologies are tools that can be used to protect data, such as encryption or masking. Privacy management tools are tools that can be used to manage who has access to data, such as acce...
27 June 2024 /security /people Bigger than Technology
John Bertrand MD at Tec 8 Limited
Bank Fraud was examined in clinical detail at LexisNexis ‘Trust:Live 2024 Conference. Fraud represents 49% of UK Crime. No one knows how many scammers are out there. The scale of scam messages, over 1 billion sent over the telecom networks this year, suggests a significant number of digital fraudsters. The Dedicated Card & Payment Crime Unit ...
27 June 2024 /payments /crime Artificial Intelligence and Financial Services
Hugo Chamberlain COO at smartKYC
Know Your Customer (KYC) processes have traditionally been the backbone of financial institutions’ efforts to prevent money laundering, terrorist financing, and other financial crimes. Historically, KYC screening focused primarily on identifying red flags such as suspicious transactions and connections to criminal activities. However, in recent ...
27 June 2024
Brian Montgomery Senior Director, International Finance at Workday
Investment management firms have seen more change in the last five years than in the previous five decades. New asset classes, significant regulatory and technological developments, pandemic-related market and workplace volatility, as well as evolving client expectations have all pushed investment managers well and truly into the era of ‘never nor...
27 June 2024 /ai /people Artificial Intelligence and Financial Services
Rodrigo Zepeda CEO at Storm-7 Consulting Limited
In June 2024, the Financial Conduct Authority (FCA) published feedback on good and poor quality applications under the existing cryptoasset anti-money laundering (AML) and counter-terrorist financing (CTF) regime (Feedback). This four-part blog series will aim to provide crypto firms and their compliance personnel (including Money Laundering Report...
27 June 2024 /crypto /crime Cryptocurrency Insights
Satinder Lala Director of Marketing at Capium
Why UK Accountants and other Financial Professionals Should Embrace Current Technology: Out with the Old, In with the New In the light of HMRC’s new update to Accountants by Amy Chin, Aweb’s Tax writer, I thought about our accountants and other financial professionals -the unsung heroes of the business world ensuring that our numbers add up and ou...
26 June 2024 /ai /inclusion Artificial Intelligence and Financial Services
Sasank Chary Senior Advisor at Sageview Capital
By Sasank Chary and Andy Greos The financial technology sector has undergone seismic shifts in recent years. The narrative often centered around fintech companies displacing traditional financial institutions with superior technology and user experience. However, the focus moving forward is likely to shift towards fintech playing a supportive and ...
26 June 2024 /predictions Fintech
Sheza Gary Project Strategiest at Self Employed
Magecart attacks refer to a common method of online fraud that have been around for almost a decade, and they continue to pose a serious threat to almost every financial organization, especially as e-commerce fraud becomes a growing concern. Security researchers say that Magecart groups have been active since at least 2016, and they are responsibl...
26 June 2024 /crime
26 June 2024 /crypto /crime Cryptocurrency Insights
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