Kent Mackenzie, Partner at Deloitte, discusses how the COVID-19 pandemic has created opportunities for democratised financial systems
When major global events of this kind occur, people become very much divided: some are ready to jump at the opportunity to make the best of a crisis, and some other adopt a wait-and-see attitude.
Are we emerging, albeit extremely tentatively, from global lockdown, or are many of the leading economies on the cusp of new lockdowns?
A new breed of digital banks, without physical branches, say they have had a boost due to the pandemic.
Like the popular Robinhood Markets Inc. app in the US, East Money has found a sweet spot with tech-savvy youth as millions, stuck at home amid the coronavirus, turned to stock trading.
The first lesson learned is that legacy systems and thinking can create barriers, both because data needs to be exchanged between open networks and closed banking systems and because institutions have leaned towards caution and protectiveness in the past.
UK banks saw the largest single reduction of card fraud losses last year, down eight percent from 2018, according to a recent report.
For Honeywell, that looks like new office automation tools and a gamble on quantum computing, while for Chewy, it's the company's first fully-automated factory.
With such widespread interest, effort must be invested into unleashing Africa’s true potential, with its young entrepreneurs at the forefront of creating this transformation.
Chainalysis’ 2020 Global Crypto Adoption Index, released Tuesday, ranks 154 countries based on their cryptocurrency adoption.