Artificial intelligence (AI) is becoming an increasingly common tool used by financial institutions across the world. Take a quick look at how they are putting AI to use, what risks …
Read More »CBDCs alone cannot solve financial inclusion problems
Financial inclusion (or the lack thereof) is an ever-present issue, even in the modern world. In fact, an estimated 1.7 billion do not have reliable access to a bank account …
Read More »Design considerations for central bank digital currencies
Central bank digital currencies (CBDCs) are being explored and, in some cases, piloted by central banks around the world. To become a contributing part of our future world however, they …
Read More »New report highlights central bank digital currencies
Deutsche Bank Wealth Management has released a new special report on central bank digital currencies (CBDCs). The report highlights how CBDCs could fundamentally change all financial relationships by, essentially, making …
Read More »Quick look at the statuses of various CBDC projects around the world
A new working paper from the Bank for International Settlements (BIS) examined the state of various central bank digital currency (CBDC) projects around the world to see what their statuses …
Read More »Central bank digital currency projects aim to complement cash, not replace it
New research recently published by the Bank for International Settlements (BIS) includes a detailed analysis of 32 various projects around the world related to the design, development and launch of …
Read More »Interest in central bank digital currencies surpasses that of Bitcoin
A new report from the Bank for International Settlements (BIS) shows that public interest behind central bank digital currencies (CBDCs) is quickly gaining traction around the world, even outpacing that …
Read More »Video: central bank digital currency basics
With China set to pilot its new central bank digital currency (CBDC) in select areas across its territory, it is poised to become the first nation in the world with …
Read More »Infographic: the benefits of a central bank digital currency
The idea of developing and implementing a central bank digital currency (CBDC) is gaining traction in governments around the world. Take a quick glance of the benefits of a CBDC …
Read More »Video: Ethereal Virtual Summit 2020 discussion on central bank digital currencies
Taking place as part of Ethereal Virtual Summit 2020, Michael del Castillo of Forbes hosts an enlightening discussion on central bank digital currencies in the age of COVID-19 with guests …
Read More »Big Data in banking is becoming everything
While social media companies are great at determining what gets our attention, financial institutions know what opens our wallets. Now, Big Data offers a way to combine these two forces …
Read More »Big Data challenges and trends for the financial services industry
Big Data is one of the biggest trends happening right now in the financial services industry, with nearly every player understanding the need to leverage analytics garnered from an ever-increasing …
Read More »Big Data’s impact on finance
The financial services industry is changing at an unprecedented pace. Let’s take a quick look at the role of Big Data in this time of extraordinary change: Risk modeling and …
Read More »Data science in finance: the case for AI
Understanding complex and interdependent financial systems has long been the proverbial pot of gold at the end of the rainbow. The sheer volume of data involved, the administrative burden of …
Read More »Data scientists: the new investment bankers
Data scientists operate by combining coding, statistics and business ideas to develop predictive models for decision-makers, while investment bankers generate investment ideas that are supported by financial models. With the …
Read More »10 data analytics startups disrupting the financial services industry
Data analytics has been the backbone of many revolutionary companies disrupting business as usual. Here are the top 10 data analytics startups disrupting the financial services industry today: Chime (mobile …
Read More »Video: 5 ways data science is changing finance
From giving better risk evaluations to incorporating the use of machine learning algorithms, data science is reinventing the financial services industry. Uncover 5 ways financial institutions are implementing data science …
Read More »Video: 9 data science use cases in banking
To remain relevant in the modern world, financial institutions must acknowledge the importance of data science, integrate it into their decision-making processes and develop strategies based on actionable insights. Here …
Read More »Video: how ready is the financial services industry for data analytics?
Martijn De Jong, global co-head of digital channels and data analytics at Standard Chartered, discusses whether the financial services industry is technologically intelligent enough to take advantage of data analytics, …
Read More »The importance and convenience of digital wallets
As contactless payment solutions rise in popularity amid the COVID-19 pandemic, it has become clear that digital wallets are likely to become an important part of our future. Not only …
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