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On 7 January 2019 the Bank of England (BoE) published a discussion paper (DP) on the way it collects data from financial institutions in response to the June 2019 Future of Finance report undertaken b...
It is widely believed that we only use 10% of our brain, but science has without doubt disproved this fact. However, it is easy to see why we would believe it. We often find ourselves failing to achie...
Wealth management is transforming faster than most professionals realize because the industry’s customer base is changing. Three trends are driving a paradigm shift in wealth management that will bec
Millennials and Generation Z already represents 49,7% of U.S. population, which is a challenge for the ability to recruit, hire and train a diverse workforce for banks and insurance firms. Millennial
Research from TABB Group earlier this year found that use of public cloud within financial services was poised to accelerate in 2019. These findings are reflected in our own recent survey[1] which fo...
Westpac Bank in Australia is facing one of its gravest crises from systemic AML/CTF failures over a 5-year period that contravened the AML/CTF Act on over 23 million occasions. Heads are rolling at W...
The role of Chief Financial Officers (CFOs) has been completely reimagined in the last five to ten years. CFOs now have more responsibility and a wider remit for ensuring the success of the company. A...
Much is made of the ability of Artificial Intelligence to improve business performance in many different ways and places in organisations. Financial Services as a sector is no stranger to these claim...
With Siri one button away from telling us everything Google has to offer, and Alexa making smart homes more accessible than ever, it’s transparent how artificial intelligence and voice technology in p...
The US financial regulator announced earlier this month that it has opened an investigation into claims of gender discrimination by Apple Card. Apple’s own co-founder, Steve Wozniak, tweeted that algo...
“Science, my lad, is made up of mistakes, but they are mistakes which it is useful to make, because they lead little by little to the truth,” wrote Jules Verne. This is a reprint from my recent artic...
The use of Artificial Intelligence (AI) is expanding and continually changing. The power of AI to accumulate considerable amounts of data for analytics, speech recognition, visual perception, learnin...