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Nov 22, 2024 | 
zephyrnet.com | Bo Harald
No debería haber ninguna duda de que la IA será fundamental para mejorar también la competitividad de la UE, pero hay muchas historias de terror que pueden obstaculizar su adopción. Como si una IA supiera más sobre tu ser interior de lo que tú jamás podrías saber, y usará esto con fines comerciales e incluso en contra de tus intereses (no tiene sentido intentar fingir nada, o tal vez deberías preguntarle a una IA quién eres realmente...).
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Nov 22, 2024 | 
zephyrnet.com | Bo Harald
There should be no doubt that AI will be central for improving also EU competitiveness. But there are many horror stories around that may hinder uptake. Like AI knowing more about your inner self than you ever can - and will use this for commercial reasons and even against your interest (no use to try to pretend anything - or maybe you should ask AI who you really are...).
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Jul 25, 2024 | 
finextra.com | Bo Harald |José Pierre |Clare Rowley
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In April 2024, an Upper Tier Tribunal dismissed the ICO’s appeal in its case against Experian Marketing Services in the UK&I.
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Jul 23, 2024 | 
finextra.com | Andrew Stevens |Mark Nutt |Bo Harald |Blythe Barber
Over the past year, the financial sector has been adjusting to a new regulatory environment. On July 31, 2023, the Financial Conduct Authority (FCA) introduced
new Consumer Duty rules that obligate financial institutions to communicate complex financial information to consumers in a comprehensible way.
The rules aim to increase the standard of care for consumers, prioritising customer-centric communications in finance so that firms put the needs of their customers above all else.
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Jul 22, 2024 | 
finextra.com | Bo Harald |Nickii Mallia |Harsh Daiya |Ketharaman Swaminathan
The next 8 months will see significant changes to the regulatory reporting framework for financial institutions globally. Rewrites of the Japanese Financial Services Agency (JFSA) reporting regulation and the European Market Infrastructure Regulation (EMIR)
refit have recently been introduced, with the EMIR equivalent from the UK’s Financial Conduct Authority (FCA) set for the end of September.
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Jul 3, 2024 | 
finextra.com | Guy Melamed |Raktim Singh |Terry Hubert |Bo Harald
DeFi - Addressing the Limitations of Traditional Finance.
DeFi, or Decentralized Finance, aims to tackle several problems users face with traditional financial systems:
Limited Access: Traditional finance often excludes people due to factors like geographical location, credit history, or minimum balance requirements. DeFi, built on blockchain technology, offers permissionless access, meaning anyone with an internet connection
can participate.
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Jul 2, 2024 | 
finextra.com | Raktim Singh |Terry Hubert |Bo Harald |Joris Lochy
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Ever-increasing digitalisation is propelling the world of financial services to act faster and do more than ever before.
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Jun 21, 2024 | 
finextra.com | Bo Harald |Steve Wilcockson |Steve Bradford |Barley Laing
Walking the floor at the recent Merchant Risk Council (MRC) annual Las Vegas conference, I was struck by how often one particular topic kept coming up in my conversations with merchants across different verticals and sizes: refund fraud. Industry leaders
and practitioners are seeing rampant refund abuse, representing a significant source of financial loss for businesses globally.
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May 24, 2024 | 
finextra.com | Adam Preis |Bo Harald |Barley Laing |José Pierre
The global economy is wrestling with never-before-seen levels of identity-related fraud. Cybercrime costs in the United States reached an estimated 320 billion U.S. dollars as of 2023, according to Statista. Between 2017 and 2023, this figure has seen a
significant increase of over 300 billion U.S. dollars. According to the latest estimates, this dynamic will continue in upcoming years, reaching approximately 1.82 trillion U.S. dollars in cybercrime costs by 2028.
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Mar 19, 2024 | 
finextra.com | Serkan Arslan |Joe Rodriguez |Bo Harald |Alex Kreger
In a world where the digital revolution is reshaping every corner of our lives, the banking sector stands at a crucial crossroads. The pandemic has not just accelerated the digital transformation in banking; it has made it a do-or-die scenario. As
traditional banking models scramble to adapt, a new frontier emerges, one where being digital-first is not just an advantage, it’s a lifeline. But amidst this seismic shift, a deeper, more profound change is taking root.
