With some autocratic regimes now using digital money for economic control and surveillance, can the original promise of cryptocurrency endure? Ten years ago, bitcoin was introduced as the first open-source, decentralised, peer-to-peer cryptocurrency. The idea of money perpetrates every level of our lives. We…
Finance
The Great Transition
There has been a staggering fall in the price of solar and wind power in the last decade, alongside a call for climate action, leading to a rapid expansion of these technologies. Global demand for energy is on the rise, and as consumption increases our dependence on carbon-emitting fossil…
New Leadership At The ECB And BoE: The Talk Of The Town
Both the ECB and BoE are likely to be under new leadership within the next nine months. While Draghi’s eight-year term expires in October, Mark Carney’s is expected to end in January 2020. This transition will come at a pivotal time when both banks are struggling to initiate the process…
Citi Global Trade Uses AI to Digitise Compliance in NextGen Project
EY and SAS collaborated to improve risk and compliance processes Citi announced its NextGen project, an initiative with EY and SAS, using artificial intelligence (AI) to develop an advanced risk analytics scoring engine. NextGen was created to help streamline the time-consuming, highly manual processes associated with…
Digital banking: Brave New world or House of Cards?
Financial companies are increasingly turning to advanced technology to bolster their key services. Automated fund management is becoming a daily reality for many retail investors as advanced financial technology becomes miniaturised – companies like Nutmeg have built their business model on mobile-based automatic investment. With that shift comes a heavy…
Strategic Investment in the Cybersecurity Company Sepio Systems
Energias de Portugal, which ranks among Europe’s major electricity operators, and is one of Portugal’s largest business groups has completed a strategic investment in the Israel- and US-based cybersecurity company Sepio Systems. EDP is a vertically integrated utility company that has electricity, gas and…