Training Courses & News in Banking, Fintech, Blockchain, Crypto, Financial Services and Technology.
A Crazy Year in Finance!
Get link
Facebook
X
Pinterest
Email
Other Apps
-
From Elon Musks Purchase of Twitter to the arrest and extradition of Sam Bankman-Fried.
2022 was an eventful year in the world of finance. Let's look at the major financial news events of the year to see if there is anything we can learn or laugh about.
Introduction: The "White Elephant" in the Room For any manager tasked with monthly reporting, the process is painfully familiar: hours spent pulling data from disparate sources, struggling to create a connected view, only to produce a static report that's outdated the moment it's finished. In response, organizations have built countless dashboards promising a real-time, data-driven view into every corner of the business. Yet, many of these meticulously crafted tools end up as digital "white elephants"—expensive assets that consume time and money but sit unused, providing little to no real value. The core problem isn't the technology, the choice of chart, or the color scheme. The difference between a high-value dashboard and a digital paperweight lies in the strategic framework behind it. A dashboard's success begins long before the first line of code is written and continues long after it has been launched. There are five counter-intuitive but critic...
The payments landscape is evolving rapidly, and fast payment systems (FPS) have emerged as a key innovation. Jurisdictions differ in their approach to designing FPS and in user adoption. In this article the authors lay out the main design features of FPS that may foster adoption. Cross-country regressions suggest that adoption of fast payments is greater when the public sector plays an active role in the FPS. Other design factors important for adoption are non-bank participation, more use cases and more cross-border connections. Read the full article HERE .
By Stanley Epstein - The emerging operational, financial, and governance risks of autonomous AI agents in modern banking systems Introduction Artificial intelligence has long been part of banking operations. Fraud detection, credit scoring, and anti-money laundering systems have relied on machine learning models for years. But a new phase is emerging. Banks are beginning to deploy AI agents —autonomous or semi-autonomous systems capable of planning tasks, executing transactions, interacting with external tools, and making operational decisions with limited human oversight. This shift from passive analytics to agentic AI introduces profound efficiency gains. At the same time, it expands the risk landscape in ways that traditional governance frameworks were never designed to handle. Regulators and central banks are increasingly paying attention. The transformation is not simply technological. It raises questions about liability, systemic stability, operational resilience, and trus...