Entries for 'Digital Finance'
July 1, 2021
The IIF has provided comment on the U.S. Federal Register Request for Information and Comment on Financial Institutions’ Use of Artificial Intelligence, including Machine Learning, published on March 31, 2021.
June 30, 2021
The third session of the IIF’s DataTalk forum, our interactive discussion forum with knowledge partner the Oliver Wyman Forum, focused on artificial intelligence (AI) and machine learning (ML) explainability.
June 29, 2021
Axel Weber, Chairman of the IIF and UBS Group AG, discusses the future of the financial services industry, amidst digitalization, changes in cost economics, the rise of tech platforms, and a growing need for cross-border co-ordination in data and tech policies.
June 17, 2021
This briefing note summarizes the key topics that emerged during our "Realizing the Digital Promise" webinar on June 3rd. Featuring banking, tech, and official sector practitioners, the panel explored main themes from the latest IIF-Deloitte report on digital transformation.
June 17, 2021
We speak with Dr. Eva Hüpkes, Head of Regulatory and Supervisory Policies and Alex Stervinou, Member of Secretariat, both at the Financial Stability Board, Basel. Eva and Alex unpack the FSB consultation on targets for enhancing cross-border payments, and progress on regulation, supervision and oversight of global stablecoin arrangements, such as Facebook’s Diem project.
June 10, 2021
Prof. Doug Arner of Hong Kong University discusses the experiences with China’s FinTech platforms, and some of the key learnings for policymakers and incumbent financial firms across the rest of the world.
June 7, 2021
The Institute of International Finance developed—with inputs and practical insights from chief data officers and other experts from within our membership across the globe—a Data Ethics Charter (DEC) outlining a set of principles for the ethical handling of customer data.
June 2, 2021
New developments in CBDC, what they mean for market participants, forecast of format wars, and the need for interoperability are the topics of the day as we speak with Ronit Ghose, Global Head of Banks and Co-Head of Global FinTech at Citi Research who is the author of a new report “Future of Money: Crypto, CBDCs and 21st Century Cash”.
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.