Quick — what’s the most interesting part of banking right now?There are as many answers to this as there are bankers in the world. Right now, It's suspected that many would point to generative AI’s impact on the industry or the ongoing impact of high interest rates.But it's possible that ...
One consistent overhang in an otherwise pretty good year for the US economy has been tightening credit standards at banks.Lower loan growth has meant more expensive or in some cases non-existent credit availability for people looking to purchase things like cars, or for small and midsize businesses.It’s noteworthy then that banks provided ...
As Web3 companies increasingly consider leaving the United States due to regulatory ambiguity, the United Kingdom must simplify its cryptocurrency regulations to attract these businesses. The conservative think tank Policy Exchange recently released a report detailing ten suggestions for improving Web3 regulation in the country. Among the recommendations are reducing ...
For most financial services firms, the migration to the cloud is far from done. Four out of five banking executives said they intend to push the share of core workloads migrated to the cloud from 7% to beyond 50% in the next two to five years, according to research from ...
Blockchain technology has emerged as a revolutionary force, transforming various industries and challenging traditional business models. One sector where its impact is particularly profound is financial services. Blockchain, the underlying technology of cryptocurrencies like Bitcoin, offers a decentralized, secure, and transparent way to conduct transactions. This article explores the ways ...
Tuesday’s King’s Speech confirmed we could be within months of a change in UK law with the potential to transform people’s lives and turbocharge economic growth.The government has committed to “opening the door to game-changing new technologies” through the Data Protection and Digital Information (DPDI) Bill.The end objective is to ...
Faced with recent layoffs, economic headwinds and a documented shortage of upcoming accountants, talent retention challenges remain a main concern for finance leaders, a study by spend optimization platform Emburse found.Focusing on digital transformation efforts could help finance leaders better tackle talent challenges, removing time-consuming tasks from employees’ workloads while ...
The majority of financial firms are planning for pilots or deployment of generative artificial intelligence according to a webinar hosted by Broadridge Financial Services, the fintech provider.In a Broadridge webinar on 26 October, Generative AI: Lessons From the Front Line, a poll found that only 8.2% of attendees have no ...
However you look at it, amid a highly uncertain current and future business climate, 2024 is shaping up to be a doozy, particularly for CFOs and finance leaders as they plan and budget for the coming year.The ripple effects of wars in Ukraine and the Middle East, upcoming major presidential ...
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