Entries for 'Digital Finance'
June 1, 2021
The second session of the IIF’s DataTalk forum, our new interactive discussion forum with knowledge partner the Oliver Wyman Forum, focused on Risk and Data Management. This note provides a brief summary of the key themes that emerged in our discussion, noting that this was conducted under the Chatham House rule, and comments are unattributed.
May 27, 2021
This report focuses on the steps, barriers, and benefits of digitizing remittances from both sender and recipient’s perspectives, highlighting the latest report from the VEEI on the topic.
May 26, 2021
FRT captures highlights from the 2021 IIF Asia Summit, with C-suite executives and central bank governors discussing the big strategic issues, including international digital co-operation and support for SME businesses in transitioning in an eCommerce economy.
May 19, 2021
Could a Chinese CBDC displace the dollar as the global reserve currency, undermine the U.S. sanctions regime or provide the Chinese government with the ability to increase surveillance on citizens?
May 18, 2021
Shameek Kundu surveys the landscape of Artificial Intelligence and Machine Learning across the financial services sector, observing the industry’s maturity with the technology, how the ecosystem of players is evolving, and the role played by regulators.
May 11, 2021
Norway’s BankID has been a leader in the use of secure bank credentials for accessing commercial and government services online. Vipps International’s Katinka Jussie Brurberg and Jessica Broström share the successes of this initiative, and the growing interest in --and opportunities for --applying this approach around the world.
May 6, 2021
This briefing note highlights three major areas of potential commercial benefit for banks and insurers: modernizing relationships with consumers by maintaining the bank’s position of centrality as an identity provider; supporting SMEs in the eCommerce economy through protecting their use of customer data; and exploring new product and revenue opportunities.
May 4, 2021
This briefing note is drafted to summarize key developments and analyze some of the consequences for debates around data privacy, competition and cloud service providers.
May 3, 2021
Bank of England’s Oliver Thew and Mohammed Gharbawi join us on FRT to discuss their recent Bank article on the impact of COVID-19 on the use of machine learning and data science in UK banking, and more widely key challenges around the use of AI and ML in finance.
April 28, 2021
The first session of the IIF’s new DataTalk forum discussed the topic of Data Localization. An interactive discussion forum for leading industry experts, tech firms, officials and academics, DataTalk provides lively discussion, with the support of our knowledge partner, the Oliver Wyman Forum.
April 27, 2021
Lead authors share the primary insights of the report, distilled from more than 150 interviews with public and private sector leaders, and the implications for the future of finance.
April 26, 2021
This report continues our series where we hear directly from those who are leading digital transformation at banks, insurers, technology firms, cloud service providers, public sector - regulators and supervisors. More than 150 have shared their insights and point of view to shape these findings and help identify how the promise of digital transformation can be realized.
April 21, 2021
This note provides a brief summary of key themes that emerged in the sixth annual IIF Digital Currency Roundtable.
April 13, 2021
We discuss the adaptability of banks and supervisors alike, through the pandemic and in an environment of accelerated digitalization for future business conditions, with EBA Director Piers Haben.
April 8, 2021
This spotlight series will highlight the positive innovations from IIF member firms to promote financial inclusion through digitalization, with this first report focusing on the Commercial International Bank (CIB) Egypt.
March 29, 2021
National digitalization strategies and proactive policies have played an important role in supporting digital transformation in the Middle East, both in financial services and across the wider economy. First Abu Dhabi Bank CTO Yuri Misnik and Banque Misr Trade and Working Capital expert Amr Atteya Ahmed join us to discuss specific examples in the UAE and Egypt.
March 22, 2021
BCP’s Juan Taboada, Diego Escobar and Luisa Quispe join us on FRT to discuss their use of data and advanced analytics capabilities to reduce the spread of COVID amongst BCP’s employees across Peru.
March 10, 2021
The rapid pace of technological innovation has quickly overtaken the open banking models that we see today. The combination of current digitalization trends (amplified by the experiences of the COVID-19 pandemic) and the blurring of traditional sectoral boundaries presents challenges for policymakers and market participants alike, such that open banking needs further renewal, even as it is still taking hold.
March 8, 2021
Nordea’s Johanna Lybeck Lilja discusses emerging developments in Central Bank Digital Currencies, where Sweden’s pioneering eKrona initiative highlights some of the key design considerations for other central banks and financial systems around the world.
February 26, 2021
SecureKey CEO Greg Wolfond highlights developments in Digital Identity, and how banks feature in national cross-sectoral initiatives for secure identity services in Canada.