Trade worries Distract From Difficult Truths

Markets will have been looking towards this week with a certain amount of dread. Britain was supposed to have exited the EU on 31 October – for better or for worse – and we were expected to be dealing with the fallout. The can, however, has been kicked…

Autumn Quarterly Market Overview 2019

While currency, equity and bond markets yo-yo at the mercy of Trade War headlines it is worth recalling the story that in the 1420s China sent a massive fleet all the way to Europe helping to trigger the Renaissance. It did not end well. All evidence of the voyage was…

How is AI Augmenting Compliance Practices?

Forming a significant theme in several organisational technology strategies, AI can augment a gamut of business practices, including compliance. Compliance is a must-do activity, not a nice-to-have. It is essential that companies extract maximum value from compliance processes, reducing the possibility of it being considered a cost centre. Technological innovation…

Facebook’s Libra Likely to Face Global Bank, Anti-Trust Rules

Fitch Ratings does not see stablecoins (cryptocurrencies backed by reserves) such as Facebook’s Libra accepted by global authorities until their backers are regulated akin to large, systemic banks. The global pushback by regulatory and monetary authorities accompanies the recent departures of MasterCard and Visa…

The Identity Challenge: How Can Banks Know Who’s Who?

Technology has transformed the world of banking, bringing all manner of new services to the table and revolutionising the way that customers manage their finances. Gone are the days of fixed branches and localised appointments. Today’s banking is done with the click of a button. However, technology has also brought…