Technology

As disruptive forces continue to impact today’s financial services sector, banking executives are scrutinising the evolving role of banks and their part in creating a more purpose-driven industry. From re-building consumer trust, to championing the green agenda and even mending a fragmented geo-political landscape, the pressure on the sector is undeniably growing.

The investment banking industry is facing a battle for talent. New generations of workers are bringing with them fresh ideas and expectations of workplace practice. Firms have therefore started to consolidate their recruitment and retention strategies, with some banks such as Citi going as far as to offer their junior staff the opportunity to work abroad in an

While the pandemic kept schools shuttered for India’s 250 million students, edtech companies thrived as education shifted online. But startups are finding things a lot tougher, with pupils returning to the classroom and structural problems within edtech uncovered in recent months. Can they successfully adapt and evolve to continue excelling?

It may well be a gloomy time for households and businesses alike, as soaring living costs continue to eat into their finances and savings. But thanks to a number of ingenious tech solutions that have recently emerged, particularly in the form of mobile apps, managing the cost-of-living crisis may not be such a daunting challenge after all.

After a record year for global fintech funding in 2021, more challenging economic conditions this year, such as sharply higher borrowing costs, are blurring the outlook for venture-capital firms. A solid first quarter will likely give way to tougher headwinds that will weigh heavily on fintech investors for the remainder of the year.

The KPO (knowledge process outsourcing) sector has been busy lately, responding to clients’ demands for faster access to the research they require to meet today’s rapidly changing demands. Machine learning has helped analysts achieve what otherwise would have been an impossible feat in gleaning the needed knowledge from vast volumes of data.

The rise of innovations such as decentralised finance, super apps, and the metaverse have provoked a raft of new ideas about how the industry can be reimagined. But as banking and financial services prepare to harness these new paradigms, it can be easy for the industry to lose sight of the basic requirements that customers have come to rely upon.

Not long ago, financial institutions prioritized financial risks, with ESG risks low on their lists of concerns. That is no longer the case. Today, FIs must proactively incorporate the rapidly changing ESG landscape into their operations and strategies. What practical steps will ensure that their businesses are equipped for the future?

The last few years have seen the US approve increasingly punitive legislation against Huawei, much of which has been based on perceiving the Chinese telecom giant as a national-security risk. But have the bans been effective? Have they influenced US-China relations? And has the US suffered more than China in the race to 5G supremacy?

Having in place a digital-transformation plan is a now a reality for any corporation. But are the investments made in these platforms bringing about the outcomes they were designed to achieve? For many companies, they are not. On what key elements must corporations focus to ensure that their digital agenda becomes reality?