James Whybrow

Jan 31, 2024 | finextra.com | Luigi Wewege |Bo Harald |Raktim Singh |James Whybrow

News in your inbox For Finextra's free daily newsletter, breaking news and flashes and weekly job board. Channels Group External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

Jan 30, 2024 | finextra.com | Bo Harald |Raktim Singh |James Whybrow

The surge in cybersecurity breaches and financial scams presents a significant challenge and it is an ever-present danger in a sector that is increasingly digitalized. The core issue lies in the anonymity that the digital platforms afford bad actors, creating a complex environment for businesses and individuals alike. This article delves into the role of anonymity in these threats and explores its widespread implications.

Jan 30, 2024 | finextra.com | Bo Harald |Raktim Singh |James Whybrow

As we step into 2024, the complexities facing businesses have become more intricate than ever, requiring a dynamic and forward-thinking approach to risk management. Chief Risk Officers (CROs) find themselves at the forefront of this complexity, steering organisations through a myriad of modern risks. The persistent threat of cyberattacks and the growing sophistication of cybercrime have created a constantly shifting risk management landscape — a reality reflected in the costs.

Jan 24, 2024 | finextra.com | Saloni Ramakrishna |Francesco Fulcoli |Fatemeh Nikayin |James Whybrow

In the realm of financial services and beyond, ‘Know Your Customer’ (KYC) has long been a foundational principle. Initially implemented as a means of combating money laundering, terrorist financing, and fraud, KYC procedures have ‌traditionally centred around verifying the identity of individual customers. But, as the business landscape has grown more intricate, the concept of KYC has expanded.

Jan 22, 2024 | finextra.com | Raktim Singh |James Whybrow

Every organisation (enterprises, states, municipalities, 3rd sector) should asap deploy the now available simple EUDI-compatible applications for sending and receiving verified data (credentials) between each others, employees, citizens at large and many things. Why? Productivity leap (McKinsey: 3-6% GDPgrowth - EU commission slightly less), service leap (do not serve customers - serve their life events), risk management leap, privacy leap, single market leap, ethical AI leap - to mention a few.