Top of Today’s Agenda
Monday comes back around so quickly, doesn’t it? And, so do the financial news bulletins. Take a look at the top stories from around the world before you step into your next meeting of the day. We present the possibility of AI job takeovers, RegTech forecasts for 2023, and the concerns coming in from Germany due to the glacial pace of Brexit negotiations.
Will AI Render Jobs in the Financial Sector Obsolete?
Well, in Personnel Today, the answer might be yes. The alarm bells continue to be rung by former Barclays Chief Executive, following the concerns previously raised by Bank of England, Citigroup, and other leading bankers. How quickly will the rise of technology remove the human element?
FCA Focuses on Nigeria for Regulatory Changes
The Financial Control Authority (FCA) and Central Bank of Nigeria have banded together with a forward-thinking agenda: to find and implement the best ways to develop regulations. The Daily Trust states this agreement has risen due to the “emerging Financial technology space in Nigeria”.
The Global RegTech Report Forecast for 2018-2023 is Here
Have you read the Global Regulatory Technology (RegTech) Market Report: Drivers, Restraints, Opportunities, Trends, and Forecast up to 2023? The insights have been published, as announced by Cision PR Newswire. Here you can find out that how the RegTech market revenue is anticipated to hit the $7,207.6 million mark by 2023.
FinTech Pact Unites Singapore and Dubai
Singapore’s Central Bank and the Dubai Financial Services Authority (DFSA) aim to bolster financial technology for the future together. Asia Asset Management reports that the pair will combine forces to nurture FinTech, including digital payments and blockchain as their main projects.
The AI and ML Debate: How Will it Help Financial Services with Compliance?
The level of AI integration may be a contentious subject in today’s financial sector, nevertheless; Machine Learning (ML) is grabbing our attention. Finextra delves deeper into the impact and benefits, such as enhanced efficiency, improved productivity, lower costs, and greater ROIs.
Germany Reacts with Concern Over Lack of Brexit Decision
It’s not just the UK markets that are feeling anxious about a no Brexit deal. FX Street echoes the news from Germany’s business leaders, who are worried about the lack of progress on the Brexit front. How will the German markets react? Preparations have begun…