As banks and other financial services companies adopt cloud computing for a variety of purposes, questions about the operational risks involved have emerged. In order to use the cloud, many banks are depending on cloud service providers to protect sensitive information rather than managing their own systems, with the potential
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The global demand for power rises, the requirement for increased productivity, greater efficiencies in distribution and flexibility for consumers (both corporate and residential) is also growing. As such, we have launched report on how digital technologies are impacting the Energy and Natural Resources sector. We worked with inspiratia and our
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Several high-profile data security incidents in the last few years have shown the need for legislative oversight in the data security and privacy space. In 2016, the US presidential election and UK referendum on EU membership were beset by data privacy issues involving Facebook and Cambridge Analytica. Data breaches were
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The mention of a blockchain‑based approach, to many, invites notions of industry technology hype – an effort to be seen as innovative even visionary. The true question, however, relates to substance, i.e. is this real progress or another fad or phase? Proof-of-concept (PoC) has finally arrived for several blockchain initiatives,
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The addition of security tokens to the financial instrument toolbox is helping new, dynamic and lean financial services businesses to emerge and flourish. Blockchain-based technologies help these new entities grow rapidly, offering innovative business initiatives with minimal resources. Many of the required systems and support processes including software, security, operational
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AI is no longer the province of academics, novelists and filmmakers. It has gone mainstream, and the confluence of computing power, enhanced algorithms and mass data is rapidly enhancing AI applications in industry.

Robotic process automation tools can now effectively handle finance and administration processes. Telecommunications organizations, for example, use
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By  Victoria Lee and Andrew W. Grant

On September 12, 2019, the Task Force on Artificial Intelligence, which is a task force within the House Financial Services Committee (FSC), held a hearing titled “The Future of Identity in Financial Services: Threats, Challenges, and Opportunities.” As the FSC wrote before the
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