Innovation Lab Banking & Financial Markets

Sustainability – The Way Forward for Banks and Regulators

The Effect of Sustainability in Banks – Management and Risk Perspective Due to new research, recent events, and increased attention from the media, awareness of various sustainability topics has increased. Recent data from the World Economic Forum shows that most adults in the world are aware of the United Nations (UN) Sustainability Development Goals (SDGs) […]

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Intelligent Workflows in Banking: Anti Money Laundering and Fraud Prevention

The vast potential to redesign workflows in the banking industry through innovative technologies such as Artificial Intelligence (AI), Big Data Analytics and Robotics Process Automation is well known. The critical question is, how this potential can be realized within the own organization. Here, we see two decisive approaches: 1. The use of innovative technologies should […]

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Intelligent Workflows in Banking: Geldwäsche und Betrugsbekämpfung

Das Potenzial, durch innovative Technologien, wie Künstliche Intelligenz (KI), Big Data Analytics und Robotics Process Automation, Arbeitsabläufe im Bankenbereich verändern zu können, ist allseits bekannt. Die entscheidende Frage ist, wie dieses Potenzial innerhalb des eigenen Unternehmens umgesetzt werden kann. Hierbei sehen wir zwei entscheidende Ansätze: Der Einsatz innovativer Technologien sollte immer im engen Zusammenspiel mit ausreichend internen […]

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Quick and Proper Global Payments: New World

Quick and Proper Global Payments: New World Correspondent banking reinvented with Blockchain technology   The advantages of blockchain technology for global payments have been discussed in the first two parts (Part 1 and Part 2) of this series. The current global payments landscape is not fit for increasing numbers of global payments and growing demand […]

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Quick and Proper Global Payments: Digital Assets

Quick and Proper Global Payments: Digital Assets Correspondent Banking reinvented with blockchain technology   The first part of this paper gave an introduction into the inefficiencies of correspondent banking in the context of global payments in contrast to the Blockchain approach. While Blockchain technology has the potential to revolutionize the global payments landscape, certain key […]

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Quick and Proper Global Payments: Blockchain

Quick and Proper Global Payments: Blockchain Correspondent Banking reinvented with blockchain technology   It’s 2020 and when you make global payments via your bank the experience is, by and large, the same as 20 or 30 years ago: takes days, total cost is unclear but always high. The alternatives with a money transfer operator, the […]

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