Global Business Network
In their current form, it seems that machine learning algorithms excel at certain kinds of problems, but do less well at others. It is one thing to comb through countless strategies to produce a winning move in chess or Go; another, it seems, to nail the perfect movie recommendation (an early adopter of machine learning … Read more
Even for a ‘super-app,’ the announcement was astounding, sending shockwaves through global markets. On April 13, Grab, a Singapore-based tech powerhouse that started as a ride-hailing app and has since branched out into banking, hospitality, insurance and other services, announced that it would join the latest Wall Street frenzy, going public on Nasdaq via a … Read more
In June 2020, University of Oxford Professor Ludovic Phalippou caused a ruckus in the private equity (PE) world when he alleged that the industry is nothing but a “billionaire’s factory.” A diehard PE critic, Ludovic has become something of a champion of the alternative view regarding PE. He has interrogated the performance of PE investments, … Read more
Is stagflation coming? First came a global pandemic, then national lockdowns, furloughing, redundancies and insolvencies. A vaccine roll-out and easing of restrictions pointed to better times, but could another problem be headed our way? By Nouriel Roubini, Professor of Economics at New York University’s Stern School of Business July 3, 2021 Source link
Every so often, the corporate world is faced with apocalyptic societal events in which burying your head in the sand, as a strategy, becomes suicidal. In recent times, the COVID-19 pandemic and the time bomb of racism that finally exploded have shaken the mantle of corporate governance like never before. While companies tend to sit … Read more
Asia’s Muslim population is held back by the lack of faith-based financial services. With more countries recognising the need for sharia-compliant banking, fintechs are moving into this space. Source link
It is too early to tell if the benefits of decentralised finance outweigh the negatives, but research shows growing adoption across many industries. Source link
Good morning, dear Marco, dear Thomas colleagues, presenters and viewers, A warm welcome to this joint webinar organised by the Bank of Lithuania and the European Investment Bank (EIB). Allow me, first of all, to thank the EIB for approaching us with the idea to hold this event. This is indeed a pivotal time to talk … Read more
Every day we leave behind a trail of personal data. Google Maps tracks our movements, Netflix records our entertainment preferences, Amazon watches over our shopping habits and Alexa keeps tabs on our questions. And every time we click on ‘accept all’ in that privacy box, we’re agreeing to have our personal data stored somewhere in … Read more
The Wirecard scandal highlights issues with embedded finance that regulators need to address. Source link