Results for Search Submit Filter by: Advanced Filter All results Solutions Industry Typelist People Client Story Insights/Blogs Filter Search Sort by RelevanceDate Order AscDesc Blog July 28, 2023 Global banking forecast? Plenty of cloud. Protiviti MDs on accelerating banking transformation By 2025, core banking workload deployment on cloud is expected to be 14% of total IT spend. Banks are grappling with outdated applications; data is siloed and trapped within legacy systems and not accessible for customer insights and tailored experiences and services. Regulatory changes in Australia, the UK and U.S., in GDPR and APRA standards for data privacy and operational resiliency, are also… Blog August 4, 2023 Economist Peter Henry offers a roadmap for a more equitable and prosperous future "Somewhat disappointingly, I don’t think that first-world countries have made a lot of progress on what I would call the structural policy fronts." "If the rate of return on investing in a road in Zambia is higher than the rate of return on S&P 500, there ought to be some folks in the US who are trying to figure out a way to invest in roads in Zambia.""I don’t think crypto will be a major… Blog August 9, 2023 The Economist’s Swarup Gupta on cash, privacy and data in a digital future "Even now, across the greatest part of the planet, cash definitely remains king, and it continues to be the major mode of payment, but there are various estimates that show that as a mode of payment, cash would decline to as low as 5% by 2030 to 2031." "Cash was the only completely anonymous way of storing value over time in exchange. Digital payments have ended that, which has led to multiple… Blog August 9, 2023 Former Schwab CEO Evelyn Dilsaver talks AI, crypto and future of financial services "The rise of technology allowed you to optimize your portfolio and do risk optimization better than you ever did before, because now you had all this data at your fingertips. That’s what’s changed.""Interesting thing is that many of the banks now are moving towards digital assets, which again, is to make life more easy and efficient for the consumer. In May of 2020, there were only 35 central… Blog August 15, 2023 Regulation, risk and reward with HSBC’s Chief Compliance Officer, Asia Pacific "Some of the key things that I see will be around digitalization, open banking, artificial intelligence and robotics, workforce transformation, cyber security, and as mentioned, sustainable banking as well as regulatory technology." "We're also already seeing an increase in regulatory complexity, and banks will need to invest significantly more, in my opinion, around regtech solutions. These… Blog August 18, 2023 Cash out: Why execs need to stay vested in digital currency developments around the globe Beyond the headlines of a “crypto winter,” a wealth of business-relevant digital currency developments and Web3 opportunities demand C-suite attention.Consumer and business cryptocurrency adoption continues to increase despite the industry’s well-publicized struggles in the past 18 months. According to The Atlantic Council, which tracks CBDC initiatives in 130 countries, 11 countries — Nigeria,… Blog August 24, 2023 Three financial executives talk future of money, banking, and the economic promise of Africa “Leveling the playing field would be tantamount to people having the same opportunities, equal opportunities, and equal access to finance. Yes, as much as the level playing field will be there in terms of the mode of using this money digitally, there will be some areas where there'll be less equity than others.”“One of the biggest challenges that globally we still have is that we have not really… Blog August 30, 2023 Cornell professor of trade policy: Digital revolution will transform currencies—and the world Physical money is slated to become a relic, with digital payment systems becoming the norm around the world. Whether that leads to greater economic efficiency, or a dystopian society—or both—remains to be seen.Despite all the hype, the proliferation of cryptocurrencies will not have a substantial disruptive effect on the major reserve currencies, especially the U.S. dollar. Unbacked… Blog September 5, 2023 The future is digital but fraud, volatility could cripple crypto, says Allianz Trade executive For the average person, I am hard pressed to find one use case where these cryptocurrencies provide what is not already handled by existing payment methods. While crypto offers fast and cheap transaction rates, the benefits do not outweigh the risks. It’s hard for me to rationalize a world where the U.S. dollar is not central to trade finance. While I am not an expert on geopolitics, I can… Blog September 29, 2023 Emerging tech and the future of payments with Swift’s Head of Oceania, Suresh Rajalingam "We are completely reimagining how transactions flow around the world, making it possible for banks to seamlessly work together, so that every payment can flow faster and further. It is all powered by transaction manager, which provides a centralized view of transaction data so that all participants can access it simultaneously in real time." "We have developed a solution with the community to… Load More
