International Banker - Authoritative Analysis on International …
WEBSeptember 3, 2024. The world’s most populous country, India, is also among its most inventive in developing domestic digital-payment innovations. With encouragement from …. July 22, 2024. Data centres and cloud computing have revolutionised industries worldwide, but these energy-guzzling innovations have produced high environmental costs.
The WorldCom Scandal (2002) - International Banker
WEBSep 29, 2021 · The WorldCom Scandal (2002) September 29, 2021. Coming hot on the heels of accounting scandals involving Enron and Tyco, both of which sent financial markets into tailspins, the fraud committed by WorldCom, one of the world’s biggest telecommunications companies, ended up dwarfing even those infamous crimes in terms of sheer numbers.
Addressing the Problems of Legacy Banking Systems
WEBOct 26, 2020 · Addressing the Problems of Legacy Banking Systems. October 26, 2020. Inspired by a wave of disruptive digital innovation, the last decade has witnessed perhaps the most rapid evolutionary change ever within the global banking system. Thanks mostly to a combination of greatly heightened expectations from banking customers and the …
BDO Unibank: Proving that Digitalisation Is the Best Path to …
WEBAug 31, 2020 · BDO Unibank has been the bank of choice for Filipinos for decades, rewarded for its dedication to satisfying customers’ needs with high rankings. The Philippines’ Enhanced Community Quarantine has tested BDO’s dedication to its stated values, but it has proven faithful to its CORE commitments to clients. Even in stressful times, BDO is on track to fulfil its vision of serving as many ...
How the Financial Industry Is Using Natural Language Processing
WEBApr 12, 2021 · With useful data and information piling up in the financial realm, firms can use all the help they can get to more efficiently compile and employ it. Automation, which manifests itself in many forms, is a must for financial institutions. Natural language processing translates words into useful tools and applications that enable financial companies to be more compliant, profitable and ...
The Evolvement of Sanctions and the Role of Technology
WEBSep 16, 2019 · New sanctions are continually being imposed, making life difficult for banks, which must comply or face stiff penalties. In the past, much of the work toward sanctions compliance involved burdensome manual tasks, but today, technology can lift off much of the load. Since compliance is not an option and pleading ignorance doesn’t work, banks ...
The Enron Scandal (2001) - International Banker
WEBSep 29, 2021 · The Enron Scandal (2001) Both of these buildings in downtown Houston, 1400 Smith Street and 1500 Louisiana Street, were formerly occupied by Enron. August 2021 marked the 20 th anniversary of arguably the most notorious corporate-accounting scandal of all time. It may not have been the biggest in dollar terms, or even the most severe in terms ...
Hey, Siri, What’s Behind the Remarkable Rise of Voice Banking?
WEBOct 4, 2022 · Voice banking has come a long way in the last decade. Payment confirmations, account-balance queries and foreign-exchange transactions are convenient via voice commands. And with the pandemic making people warm to the idea of voice technology, as demonstrated by the popularity of Alexa and Siri, voice banking seems to have a bright future.
Artificial Intelligence: The New Power in Digital Banking
WEBOct 26, 2021 · 8.8K. By Franck Coisnon, Group Industry Director, Atos. A s the sophistication of artificial intelligence and intelligent algorithm technologies has increased, they now have the potential to revolutionize traditional banking models and deliver a shift to digital banking which is faster, more agile, and more customer centric.. AI has the potential to transform all aspects of banking – from ...
Panic of 1907 - International Banker
WEBPanic of 1907. September 29, 2021. Also known as the Knickerbocker Crisis, the Panic of 1907 was the 20th century’s first global financial crisis and took place in the United States in October and November of that year, during which time a series of depositor runs—that is, a large number of customers withdrew their deposits at the same time ...
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