Why is financial literacy increasingly important? With the current world pace, demographic shifts, the rise of technology and an expected resource scarcity, younger generations face a less certain financial future than their grandparents did, and they’ll need to equip themselves for long-term financial security. Some experts attribute the financial crisis …
Employee advocacy isn’t a new concept but It has become a recurring conversation subject among HR, Marketing and Communications professionals in different industries. Is it really worth investing in? As in other aspects of our lives, digital technology has done a good job boosting employee advocacy, making it mainstream. While …
The revised Payments Services Directive (PSD2) goes into effect in Europe in January 2018, but few banks are ready. By law they will need to make customer data available in a secure manner, and eventually to give third-parties access to their customer’s accounts. But equally important to these compliance efforts …
The world becomes more connected. The digital economy comes of age through mobile technology, cloud computing, business intelligence and real time reporting. So, we see an increasing number of tax authorities and businesses around the world adopting or reforming their VAT compliance systems thanks to technological developments. We examined how …
Technology transforms the world and the financial sector. Digitalisation takes competition and innovation capacities to new levels. For those of you still hesitating on embracing the digital wave, here are five reasons to make the leap:
Cyber threats are skyrocketing. As we’ve recently seen, hackers come up with increasingly sophisticated malware, targeting all industries, including the financial sector. While they easily trade hacking tools on the dark web, many companies still fail to properly take into account cybersecurity risks. Since crises are hard to anticipate and …
Advising, identifying, instructing, acknowledging, processing, checking, confirming, monitoring, reconciling, reporting, storing, regulating, auditing – the fund-distribution value chain is complex and has many intermediaries. Distributed ledger technologies are, however, bringing about a new business model for the asset management industry.
The insurance industry is in a unique place right now, something akin to the calm before the storm. There are multiple changes, especially when it comes to technology and innovation that are about to rock the boat and bring serious changes. To discuss them, we’re having our first guest blog, …
The transition from one generation to the next can make or break a family business; and as the ‘baby boomers’ hand over to the ‘millennials’, the risks of getting it wrong have never been greater. In Luxembourg, at least one-third of the companies will have to transfer their business in …
