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Retired Member
What do cloud solutions have in common with the electric vehicle industry? On the face of it not much. Corporate successes in the last few years have proven that slow evolution and retro fitment are not good enough for firms to thrive and excel. The most successful companies start off with an idea and a philosophy from the ground up. Take the exam...
17 May 2024 /cloud
Generative AI is a revolution offering unprecedented opportunities and developing at a pace unlike anything we’ve witnessed previously. In the City of London, more than a third of financial service leaders use it at work every day. On Wall Street, Morgan Stanley's recent appointment of a Head of AI signifies one of the latest moves among major ba...
17 May 2024 /ai Artificial Intelligence and Financial Services
Most of you might not know this… if the 3- to 4-year age group demographic is part of your target market, the product of choice is rainbow cakes. And maybe unicorns, but real cake trumps imaginary animals. Now imagine satisfying a bunch of highly demanding, highly vocal, highly unpredictable, and irrational customers, on a high-stakes delivery,
15 May 2024 /wholesale /cloud Artificial Intelligence and Financial Services
Throughout its existence, AI's transformative effect has been immense. It has transformed how enterprises, including those in the banking and finance sectors, perform and offer customer services. The AI in banking apps and services has made the industry more customer-oriented and technologically relevant. By increasing productivity and making dec
14 May 2024 /inclusion Banking
Banks are accelerating green lending and investing initiatives as they march towards realizing their net zero goals, partnering with their counterparties to reduce the combined carbon footprint. As I said in my last blog post[1], here are a few thoughts on “all that is green is not gold” and why robust risk management aspects and constructs merit ...
13 May 2024 /regulation /sustainable Banking Strategy, Digital and Transformation
Considering the highly dynamic nature of world politics and AML regulations pertaining to PEP screening and dealing with them PEP checks are becoming more of a challenging task rather than simply being a regulatory requirement to ensure business safety and security against the risks of money laundering, corruption and other crimes of similar natur...
07 May 2024 Exposing Financial Crime
Business KYC plays a crucial role in fraud mitigation in the business world. However, KYC regulations were insufficient because there was a loophole in which businessmen were taking benefits. Politically exposed persons such as PEPs, fraudsters, and criminals had ease in doing business under shell companies. In 2016, FINCEN introduced Know Your Bu...
07 May 2024 Business
With the growing demand for a consumer-like personalized interaction in trade workflows, alongside efforts to digitalize the industry, there is an emphasis on the need for ecosystem collaboration in trade finance. Agility and collaboration between banks, fintechs, and other third-party software providers will help drive innovation in meeting custo...
02 May 2024 /wholesale Banking Strategy, Digital and Transformation
Artificial Intelligence is “the” word in the data world. It’s a concept that will shape the organisations of the future. For the better. It’s like a magic word, that assures promises of hyper personalization, competitive edge, increasing revenues, transformation of service and product delivery et all to that will enable organisations to create com...
30 April 2024 /retail Analytics in Banking
In the complex world of business and entrepreneurship, the journey to success is undoubtedly a collective effort. Empowerment is a cornerstone leadership strategy that plays a pivotal role in fostering a thriving organizational culture. Avoiding the Micromanagement Pitfall Leaders often find themselves tempted by the pervasive allure of micromanag
25 April 2024 /people /startups
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