Brookings to Publish Georgetown Law Professor’s Study on Black Regulators

Georgetown law professor Chris Brummer’s  recent study on the absence of blacks in financial regulation will be published by Brookings next week.  The paper will be subject to a forum on the topic with a range of participants including Chairwoman of the House Financial Services Committee Maxine Waters, Minnesota Reserve Chairman Neel Kashkari, Senator Sherrod … Read more

AI and correspondent banking: de-risking doesn’t need to mean goodbye

Correspondent banking represents one of the most vexing dilemmas for financial institutions and those who regulate them. On the one hand, it has long been a key mechanism for integrating developing countries into the global financial system and giving them access to the capital they need. On the other hand, correspondent banking relationships are inherently … Read more

Four reasons why traditional banks can’t afford to dither over Crypto banking

Banks and financial institutions were shockingly slow to respond to the rise of fintech – now they are in danger of making the same mistake with the rapidly emerging crypto banking sector. While legacy players sit on the sidelines, the likes of SEBA and Wirex are racing to develop banking products and services that support … Read more

In COVID-19’s Wake, the New Normal Creates Crypto Opportunities

The COVID-19 pandemic has been a challenge for everyone, but it has created many opportunities for us in the blockchain industry. In most industries, sales vectors are declining, as bankruptcies and layoffs rule the day. But companies in the crypto and blockchain space have been expanding, hiring and applying for new licenses. The pandemic has … Read more

Twitter Wouldn’t Be Hacked If It Were Backed by Blockchain Technology

Murphy’s law states: “Anything that can go wrong will go wrong.” It always happens with centralized services. A year ago, we saw how half a million Facebook accounts were leaked online, exposing personal data. We will see it many times more with other services. The recent Twitter hack underscores this once again. The accounts of … Read more

Banks must deploy AI with urgency to save SMEs

Government-led funding programmes are a vital pillar of support amid the current COVID-19 crisis. However, their effectiveness relies heavily on the ability of lenders to qualify, process and issue loans at speed. Current evidence suggests this speed and efficiency is not always at the required level. The rate of completed applications under the Coronavirus Business … Read more

A.I. can help solve America’s education crisis

U.S. education is in crisis. Poorly paid teachers, funding tied to property taxes, and the lack of a national curriculum have produced a fractured national landscape for primary education. The ongoing coronavirus pandemic has exacerbated that situation, forcing unprepared teachers to teach remotely. In higher education, enrollments were dropping as tuition climbed even before the ongoing pandemic. … Read more

Banks must deploy AI with urgency to save SMEs amid COVID-19

Government-led funding programmes are a vital pillar of support amid the current coronavirus (COVID-19) crisis. However, their effectiveness relies heavily on the ability of lenders to qualify, process and issue loans at speed. Current evidence suggests this speed and efficiency is not always at the required level. The rate of completed applications under the Coronavirus … Read more

Covid-19 spurs collaboration in telehealth

The coronavirus pandemic has led to enhanced health-care collaboration, innovation, and increased use of digital technologies. Telehealth enables doctors to safely connect with patients virtually and monitor them remotely, whether in different cities or down the hall. And smarter and smaller medical devices are producing better outcomes for patients—a disruption is sensed, like low blood … Read more