Cybersecurity Phishing. Ransomware. DDoS attacks. These are terms financial services security professionals have come to know intimately—and despise. Amid threats from individual actors and organised attackers, security teams have had to step up.
Digital technology is changing how we interact with each other or with society and how we trust one another. A new economic model is emerging: the sharing economy. We’ve gathered insights from world-renowned experts and in-house research to give you an overview of: the sharing economy’s dynamics, in the European …
Automation has grown up. In recent years, a new class of software known as digital labour or robotic process automation (RPA) has emerged. Financial institutions are looking to these tools to automate a wide range of activities without the need for complex programming. We think 2017 could be a breakout …
Almost a decade after the global financial crisis, financial institutions still have to cut costs to contain the low growth, low margin and highly-regulated environment. Outsourcing and offshoring have helped in the past, but they’re no longer enough. Businesses must now turn to technology and digitalisation to move forward.
Economic crime continues to be a dominant item on the business agenda and no industry sector, region or size of business is immune. Instances of economic crimes continue to increase in frequency around the world and are a key concern for Luxembourg companies, which are particularly exposed. Here are three facts that …
Banks, asset and wealth managers, as well as insurers are scrambling to find new revenue sources and ways to grow: organically, by introducing new services, through acquisitions, or by developing strategic partnerships.
Blockchain is one of the most exciting—and more misunderstood—emerging technologies. It essentially offers a decentralised ledger of all transactions across a network. When a transaction occurs, everyone on the network knows about it. It’s tamper-proof and virtually instantaneous. This has real disruptive implications for the financial industry, which today uses …
Businesses that are watching the trends and changes of 2017 will be able to quickly implement new tools and strategies for greater success. While some trends are in their infancy, others are mainstream. In our new series, we have a weekly look at the business trends that will help drive growth in …
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 …
New communication technologies, new sources of energy and new modes of transport – here are the drivers of the third industrial revolution, as seen by Jeremy Rifkin. With this revolution, we’re entering a new age – the age of a circular economy, fuelled by smart technologies in a prosumer-focused social …
![[VIDEO] Sharing economy: a new world business model](https://blog.pwc.lu/wp-content/uploads/2017/03/Visuel_economy-sharing.png)
