Entries for 'Digital Finance'
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.
February 23, 2021
DBS’s Chee Kin Lam, Jeffery Lee, and Sameer Gupta join us on FRT to discuss data ethics, DBS Bank’s PURE (Purpose, Unsurprising, Respectful, and Explainable) Framework, and how this operationalizes and extends beyond Singapore’s high-level FEAT (Fairness, Ethics, Accountability and Transparency) principles.
February 8, 2021
The IIF and OpenID Foundation have provided comments that focus on the Digital Identity aspects of the FSB-CPMI initiative on the G20 Roadmap for Enhancing Cross-border Payments, and the associated 19 building blocks.
February 8, 2021
The Policy development workstream of the Open Digital Trust Initiative has developed draft Principles for Digital Trust Networks, identifying the high level ‘rules of the road’ that digital trust networks should adopt.
February 1, 2021
We discuss new initiatives to provide cross-border connectivity for domestic payments innovations, and ways to improve how financial institutions onboard their FinTech partners, with Terry Angelos, Global Head of FinTech at Visa.
January 13, 2021
Rachel Bailey, a senior manager specializing in machine learning in model risk and validation at Lloyds Banking Group, joins us on FRT to discuss key findings from our recent Machine Learning Governance study.
January 8, 2021
The IIF submitted comments on the FSB’s discussion paper, "Regulatory and Supervisory Issues Relating to Outsourcing and Third-Party Relationships."
December 23, 2020
This briefing note describes the major themes and developments observed during this festival.
December 22, 2020
Data localization measures threaten to undermine many of the efficiencies and economic opportunities of the digital economy.
December 17, 2020
This paper—the second in a series of IIF briefing notes on data ethics—discusses the intersection of responsibilities between the Risk function and the Chief Data Officer.
December 16, 2020
Recent developments have brought Quantum Computing out of the lab and into application testing. We discuss the key implications for financial services with experts Denise Ruffner (IonQ), Marko Milek (State Street) and Rudy Raymond (IBM).
December 7, 2020
As the ‘Platformization’ of finance gathers pace, KPMG Global Co-Head of FinTech Anton Ruddenklau talks us through developments in partnerships, the necessary mindset shifts, cross-industry convergence, and the emerging FinTech trends to look for in 2021.
December 4, 2020
The IIF’s Machine Learning Governance Detailed Survey Report details the results of our comprehensive survey on the end-to-end governance of the machine learning development and implementation process within the global financial services industry.