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Digital Economy

The Digital Economy section is a response to the existing need for our audience to learn more about the digital potential and changes in the world. We gather a constellation of experts and articles to share progressive ideas and changes that bring our world closer to the digital future.

Global RegTech investments surpass $1bn in 2017

Last year was a record year for global investments in regulatory technology (“RegTech”), according to research from FinTech Global. Growth is being driven by increasing regulatory pressures faced by financial institutions and coincides with the implementation of legislations such as PSD2 and MiFID II in January this year. Overall RegTech …

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88% of IT leaders unable to deliver agility

A survey of senior IT decision-makers in large enterprises, commissioned by Coeus Consulting, found that IT leaders who can clearly demonstrate the cost and value of IT have greater influence over the strategic direction of the company and are best positioned to deliver business agility for digital transformation. Consequently, cost transparency …

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Healthcare is Keen to Explore Blockchain as the Technology Grows Up

Hugh Halford-Thompson, Co-Founder and Chief Innovation Officer of BTL Group, provides the latest BTL Insights to explain why the healthcare industry is such an interesting use case. Quicker and Cheaper Internal Processes What we’ve learnt from past work and continue to learn via ongoing work with clients is that blockchain …

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Still A Shock: Major UK Retailers Are Unprepared In The Face Of PSD2

Consult Hyperion and CCgroup research revealed less than half of retailers were aware of PSD2 and 67% were not ready to comply by January 13th 2018. PSD2 requires banks to grant third-party providers – including retailers – access to a consumer’s bank account to initiate payments and source customer data …

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Following the PCI Security Standards Council’s new standard for software-based PIN entry into COTS devices, David Poole, Global Head of Mobile POS Devices at MYPINPAD, shares his thoughts:  ” The standard aligns tightly with our goal of increasing merchant card acceptance globally whilst also mitigating risk for both retailer and …

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Zero Trust Model to Prevent Data Breaches

Following a recent report stating that cyber-attacks are pushing corporate fraud to an all-time high, with 86 percent of companies around the world reporting that they had experienced a cyber incident in 2017, it is becoming ever more apparent that most businesses have failed to comprehend the scale of corporate hacking. According to …

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