AI expert Dr. Ayesha Khanna gives you a glimpse into the future of finance


There is a lot of talk about how AI is set to completely transform financial services. Unfortunately, very few working in the industry actually understand how this transformation will happen and how they are likely to be impacted. That's why we are super excited to feature AI expert Dr. Aseyha Khanna, founder and CEO of ADDO AI. in this week's edition of the expert perspective. Before founding Addo AI, Ayesha, for over a decade, was advising clients on Wall Street on technology and information systems.  The Expert Perspective With Dr. Ayesha Khanna   [caption id="attachment_1288" align="aligncenter" width="350"] Dr. Ayesha Khanna[/caption] Could you introduce yourself? I’m CEO and Co-Founder of ADDO AI, an artificial intelligence (AI) advisory firm and incubator that was featured by Forbes magazine as one of four leading artificial intelligence companies in Asia. We are a firm of machine learning engineers and data scientists that build AI engines for…

The 5 Best AI Courses to get to grips with Artificial Intelligence


Artificial Intelligence is leading to the transformation of every industry across the globe. From industries as diverse as healthcare to finance, AI is enabling new opportunities for growth and innovation. In this article, we will highlight 5 of the best online AI courses on the market to help you get to grips with AI disruption and discover the ‘AI opportunity’. Why AI? Things are changing fast: The market for AI technologies to reach $190+ by 2025 according to leading market research firm One bank told the FT it is ramping up investment in AI from less than $3m a year to $50+m 53% of executives in a survey conducted by Infosys said their industry has ‘already experienced disruption’ due to AI. 90% said that they could see measurable benefits. The figures above point to an ever increasing industry optimism for AI-powered technologies to deliver improved results and to do it at…

Understand the Business Implications of GDPR


The General Data Protection Regulation - GDPR - comes into force on May 25th and impacts any organisation large or small that handles the personal data of EU citizens. For many, the application of the regulation to their business is fraught with uncertainty and still, more are unaware of the need to be compliant. To help you on your journey, we’ve put together a collection of free resources that should give you a strong understanding of the subject and enable you to take affirmative actions in those areas that will impact you the most. Before we highlight our pick of the best resources, it’s worth pointing out 3 fundamental aspects of GDPR that you will need to keep top of mind when making any decision related to your customer data: How your business collects information - as a business you will need to use clear and jargon-free language that lets…

CFTE Releases Free Online Course to Understand GDPR


April 12th, 2018, London: The Centre for Finance, Technology and Entrepreneurship (CFTE) is pleased to announce the release of a free, online short course on the upcoming European General Data Protection Regulation (GDPR). The course explains the nuances of the upcoming GDPR and its implications for businesses. It also explores the rationale behind the regulation, current trends in personal data use, and what organizations can do to get ready for the new law. About GDPR Fully applicable as of May 25th, 2018, the GDPR raises the bar for the protection of personal data of individuals in the European Union. The scope of the regulation is far-reaching, as it not only targets EU-based companies but in certain cases, organizations based outside of EU borders may be affected as well. Most importantly, the GDPR empowers data protection authorities to impose fines of up to EUR 20 million or 4% of an organization’s worldwide…

The Secret to Successful Innovation in an age of Fintech Disruption?


In today's financial landscape, new Fintech startups have well and truly changed the rules of the game. What was once an industry dominated by services provided by large financial institutions has seen small but nimble startups redefine what banking can be. In this short article, we'll explore some of the key factors that can help incumbent banks successfully drive new sources of innovation to ensure they're not left at the back of the pack. The key differentiators? In comparison to small businesses and start-ups, large firms possess the distinct quality of scale, which broadly characterizes their comparative advantages. With this scale comes increased financial freedom and capital to invest in innovation, as well as established market power that generates a relatively higher return on that investment. Large firms can also independently engage in substantial R&D practices, attract high-level talent, and devote resources to acquiring and protecting intellectual property. Yet, large firms…

Advice From An Innovator Turned Educator, Derek Ariss


One of the main challenges facing many organisations within the FS industry is how to successfully innovate in an age where new technologies like Ai, Big data and blockchain are disrupting traditional business models. That's why we're pleased to have Derek Ariss join us for this week's expert perspective. Derek has extensive experience driving innovation at companies spanning numerous industries. Now, he is working together with Dan Liebau at Lightbulb Capital to help organisations within the financial services find new ways to innovate and in the process create new sources of value. The Expert Perspective with Derek Ariss Derek Ariss, Head of Innovation Education at Lightbulb Capital Could you introduce yourself? Hi there. I am Head of Innovation Education at Lightbulb Capital and am responsible for building the education practice, focusing on creativity, design thinking, technology, culture and mindset conducive to innovation in finance. Prior to this, I was the Head of Innovation at…

The Future of Smart Contracts


We have a very special Expert Perspective for you this week. CFTE Alum and smart contracts aficionado, Alfonso Delgado, came to our offices to deliver a presentation on Smart Contracts and it was brilliant!  It was broadcast live on our CFTE members group on FB! For those who weren't able to join, Alfonso has kindly shared his slides from the presentation. You can view them here: https://goo.gl/d6GxZS [caption id="attachment_1217" align="aligncenter" width="1600"] Alfonso with the CFTE team after his presentation on smart contracts. From left to right, Huy, Neel, Alfonso!, Nicolas, Ali and Elfi[/caption]   Straight after his fantastic presentation on Smart Contracts, we had to get Alfonso's thoughts on Fintech disruption - the opportunity was too good to pass up! His perspective, as someone who has studied Law, on the evolving financial landscape provides for some interesting reading. In addition, to being a Ph.D candidate, Alfonso also founded the Oxford…

From London to Singapore, the Story of Romain Wolff and His Fintech Journey


Money20/20 Asia might be over but the rich variety of stories born at the event will live long in the memory. We're particularly pleased to bring you the story of CFTE Alumni Romain Wolf and how he ended up reporting for us from Money20/20 Asia on his Fintech Journey The Early days Working in investment banking (Capital Markets), Romain came across several technology initiatives that peaked his interest in Fintech. He could see first-hand how workflows, controls and core job duties were being transformed by technology. Then, with the establishment of a newly created innovation team at his last employer, it gave him a fresh impetus to learn about innovation in finance. His first step was to start following Huy’s blog, Disruptive Finance, which gave him a good initial understanding of the transformation happening in finance. Eager to progress his education he successfully reached out to Huy to expand his learning. This…

The Expert Perspective with Ronit Ghose, Citi’s Global Head of Banks Research


Still basking in the neon glow of the 6th Citi Digital Money Symposium we thought it would be the perfect opportunity to interview CFTE’s effervescent boardmember and Citi’s Global Head of Banks Research, Ronit Ghose. Ronit is recognised globally for his commentary on the development of the Financial ecosystem and was also the lead author of Citi's 'Digital Disruption Report, the most downloaded Fintech report of all time. You can read that via the link below straight after our quick-fire Q&A. The Expert Perspective with Ronit Ghose Ronit Ghose, Head of Global Banks Research, Citi How do you see fiance in 10 years? The diversity of the financial ecosystem is exploding. The transformation in finance today is analogous to the TV world moving from black and white to colour pictures and at the same time, we are going from the choice of a small number of State-run channels to Netflix level choice.…

CFTE’s Round-up of Money20/20 Asia


This year Money20/20 Asia was a big success by a number of measures. The 8th edition of the event was the first to take place in Asia and the anticipation leading up to it did not fail to disappoint. If you weren’t able to make it and only wish you had, then we’ve compiled a review to give you the most important takeaways. In this article we’ll cover: Huy and Tram Anh present at Money20/20 Banking is no longer the domain of traditional financial institutions AI beckons new opportunities in finance The India Stack: the greatest technological revolution in recent times? Huy and Tram Anh present at Money20/20 Huy and ‘Building a Bank from Scratch’ [caption id="attachment_1175" align="aligncenter" width="1600"] Huy standing on stage in the Sun Room at Money20/20 Asia before talk[/caption]   Huy’s presentation centred on a compelling narrative that showed how banking is evolving. Huy pinpointed three factors…