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… globally are really accelerating the development of central banks looking at CBDC. The decline of cash is not the only … centrally. It has been driven by regulations. The big nine banks in the UK had to develop and allow access to the data …
… can scale well to a large number of verification requests. Banks and financial institutions are actively exploring AI … 2020 (as of September 2021. Canadian Anti-Fraud Centre). Banks, in particular, are working towards modernizing their …
… the pandemic, the budget proposes two measures that affect banks and life insurer groups: a one-time 15 per cent tax on …
… to solve a fundamentally different problem to a lot of banks. And if we think about the entire Gig economy, … is actually payments. At the moment we rely entirely on banks who are actually pretty low tech to deliver payments, … including all the fintechs. It actually helps the incumbent banks as well. So many businesses beyond just immediate …
… this is actually a good segue to talk about challenger banks. Because, I think Fintechs in general, because I think … financial management tools. Whereas with our traditional banks, we still have to opt in to use a budgeting tool or … don't know, they don't know about Fintechs or challenger banks. And so they have to find them. That's the other …