Entries for 'Digital Finance'

This second paper in a three-part series , "Realizing the Digital Promise: Key Enablers for Digital Transformation in Financial Services," examines the key enablers for overcoming the challenges that were set out in our first report.

John Collins of FS Vector joins FRT to discuss the Libra White Paper 2.0 and key updates in the initiative, against the backdrop of various developments with central bank digital currencies (CBDCs). 

Peter Deans outlines the ’52 Risks’ framework that he has developed from his extensive career as a Chief Risk Officer, and relates this to the scenarios of a pandemic and digital transformation. He emphasizes the importance of avoiding quantification biases, and ensuring operations are versatile.

David Hardoon describes the key emerging issues in data policy that have been highlighted by the COVID-19 experience, including the value assigned to privacy, connectivity across borders, and the unintended consequences of some previous policy settings.

Rob Morgan visits FRT to share how the American Bankers Association (ABA) initiatives are helping smaller US banks access business innovations.

Kati Suominen returns to FRT, discussing how the COVID-19 experience will accelerate technology adoption and overhaul trade patterns.

Acclaimed author Chris Skinner joins FRT to discuss his latest book, Doing Digital, profiling the digitalization efforts, challenges and success stories of JP Morgan, BBVA, ING, DBS & China Merchants Bank.

This is a supplement to the IIF-Deloitte series, Realizing The Digital Promise, and captures some of the topical insights shared: both in success stories with the deployment of new technological solutions, and also in some of the cultural adaptation challenges, where some aspects of the current predicament may present a microcosm of the digital transformation journey. 

Insights from the third installment of the IIF’s series on Digital Identity, exploring the positive impact creating business opportunities in the financial service industry.

The IIF is pleased to submit our comment letter on the BCBS discussion paper on designing a prudential treatment for crypto-assets. 
 

The G20 put payments, regtech, and bigtech in finance on the spring action plan for the FSB with data policy and the future of money forming the context.  Meanwhile, impacts of the new corona virus seized attention as the official sector readied response plans. 

The first report in our new IIF-Deloitte series Realizing the Digital Promise explores the key internal and external challenges financial institutions face in their digital transformation journeys.

The Top Nine Challenges to Digital Transformation for Financial Institutions

Standard Bank CEO Sim Tshabalala and Refinitiv’s Sherry Madera join us in Davos to share their key highlights from the World Economic Forum, across climate, data, combatting financial crime, and how societies adapt with the pace of change.

Standard Life Aberdeen Chairman Douglas Flint discusses the opportunities in digital identity and combating financial crime, as well as ensuring that banks and insurers can preserve customer trust in the way they handle data.

We discuss the recent Basel Committee report on Open Banking and APIs with lead author Linda Jeng.

On January 13, the IIF responded to the Basel Committee’s recent report on open banking and application programming interfaces.