From first observations, insurtech efforts are mostly in areas of insurance-mostly around client onboarding, claims processing and product innovation
https://t.co/QjHwo64T3o
The use of local currencies in settlement of trade and other areas helps to reduce transaction costs and foreign exchange risks particularly amid the current volatility faced by currencies in advanced economies https://t.co/d6T3ASZHu6
Complimentary CFO Innovation webinar on FINANCE AUTOMATION/Connected Planning.
Special guest panelists:
Catherine Dunn, head of corporate technology, the GPT Group
Tony Trewhella, partner, Deloitte
Click here to join: https://t.co/fPy9hm5E9S
The blockchain network itself can be attacked through distributed denial of service, transaction malleability attacks by altering the transaction ID and causing a transaction to be done more than once, time jacking, routing attack, and Sybil attack. https://t.co/YymyULbpyT
90% of financial firms are using machine learning, either in multiple areas as a core part of their business (46%) or in pockets (44%) https://t.co/z3rITXaY8M