“Imagine if we, as a bank, could precisely know what each customer needs before they even articulate it. We could offer them financial products that they actually want, not just what we think they might need,” says Emily, a successful bank manager who is always eager to innovate. She wants …
In the fast-paced arena of the global economy, countries compete in a never-ending race for prosperity and influence, with each country striving to outpace others. The prize? Nothing less than economic supremacy and growth to outshine all others. As Luxembourg is traditionally not considered as a powerhouse when it comes …
In any relationship, romantic or otherwise, you usually establish trust when both sides consistently prove they are as good as their word. The same applies to brands. Content marketing is a powerful tool to build trust—and ultimately, a relationship—with your audience, but you’ve got to earn it first. You do …
Portugal was still grappling with the harrowing effects of the financial crisis when, in July 2014, a(nother) scandal hit the country’s headlines and beyond. Banco Espírito Santo (BES)—one of Portugal’s largest private banks back then—was at the epicentre. The first alarm bell went off when the bank, owned by the …
Banks have a unique opportunity to become powerful agents of positive change via Environment, Social and Governance (ESG) principles and helping to finance the green transition. But how is this going to come about when saving the planet is no simple task (and when trying to remain prosperous while doing …
If the European Union (EU) legislative process had anything to do with pop music, its latest regulation could be called “Oops I did it again”. To be fair, the Artificial Intelligence Act (AI Act) is probably not as enjoyable as Britney Spears’ 2000 hit, but it’s certainly as memorable. When …
Wilma is very excited about reconnecting with her friends from the University of Amsterdam. She can’t believe it’s already been ten years since they all completed their Master’s degree in Corporate Finance and went back to their home countries to start their careers. With a hint of nostalgia, Wilma recalls …
Leonard couldn’t lull himself into dreamland. His bedside clock kept reminding him of the unforgiving passage of time—it was now 5am—and he was getting more and more jittery. You see, later that day, his team would receive training on Artificial Intelligence (AI) and how to use it in their department. …
Artificial Intelligence (AI) has caused revolutionary changes in the rapidly evolving fields of technology and finance. It brings unprecedented opportunities for innovation and efficiency, but it also introduces new challenges, especially when it comes to financial security. Anti-Money Laundering (AML) is one critical area where the combination of AI …
According to our recent outsourcing study (we will come back to it later), 90% of Luxembourg’s financial centre outsources activities, confirming that outsourcing is more than just a hot topic, it’s a reality already well established in the financial sector’s organisation landscape. In addition, the market is increasingly looking to …
