Financial institutions…
In 2022, the emergence of generative artificial intelligence (AI), capable of human-like text that can analyze vast amounts of data and create new content, caught the public’s imagination. In fact, it has turbocharged interest in potential AI use cases while heightening concerns over the inherent risks.
This topic has become globally recognized as a hot topic for employers, and the financial services industry is no exception.
Financial institutions (FIs) continue to expect cybersecurity and data disputes in the coming year, along with ESG disputes. We will see growth in climate-related litigation against financial institutions from NGOs and activist shareholders. Until recently, claims have focused on the disclosure of climate-related information. However, the trend is now moving to scrutiny of what prudent financial management means. For example, what fiduciary duties are owed when acting as a financial advisor in investment planning or M&A transactions?
Fintech is no longer a niche space in Africa, and over the last few years has become a core market segment not just in South Africa, but across the African continent. Our new episode takes a closer look at fintech in South Africa and the Sub-Saharan African Region.
Our new episode of FInsight: Global Financial Institutions Industry Podcast takes a look at the hot topics and developments that will be covered in this year’s UK Fintech Week.