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The Digital Revolution in Trade Finance

BCG

Article Tuesday, August 30, 2016. Revenues from trade finance now total approximately $50 billion a year. Simultaneously, regulation is making trade finance more costly to supply. Part of the answer lies in the digital revolution unfolding in trade finance. Competition for slices of a shrinking pie is pushing down prices.

Finance 74
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Beyond Bricks and Mortar: The Open Banking Revolution

Tom Spencer

The concept of open banking gained renewed traction with the implementation of the revised Payment Services Directive (PSD2) in the European Union in 2016, enhancing the rules put in place by the initial PSD in 2007. This directly benefits consumers by leading to lower prices and an enhanced customer experience.

Banking 88
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Cybersecurity 101: How to defend against cyber-attacks

Tom Spencer

The goal is to exploit both the trust of … users and bugs in their web browsers to install a virus allowing the hacker access to the organisation’s network” ( Welch, 2016 ). All organisations should run on secure operating systems, at least Windows 10. Common Methods of Cyber-Attack. Zero-day exploits. Install software updates.

How To 105
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Go Faster Alone but Farther Together

Chad Barr

LEGO: A Blueprint for Collaboration and Individual Ingenuity At the dawn of the 2000s, LEGO found itself on the brink of collapse, its brand diluted and finances in turmoil. The appointment of Jørgen Vig Knudstorp as CEO marked the turning point.

Sports 52
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Fintechs May Be Corporate Banks’ Best “Frenemies”

BCG

Article Tuesday, July 05, 2016. Sleek and efficient offerings such as payments, foreign exchange, advanced analytics, and supply chain finance are redefining service, creating lucrative niches, and extending corporate banking activities from the small-business segment to the mid-cap and beyond.

Banking 75
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Startups Could Fundamentally Change the Way Big Investors Operate

Harvard Business

In September 2016 we undertook a survey of nearly 300 endowment and foundation managers. Given their size and appetite for diversification, these gigantic investors are a significant source of financing for many companies and governments in the developed world, and their investment activities can and do move markets.

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Jim Whitehurst on the Open Organization: A Conversation with the CEO of Red Hat

BCG

Video Monday, October 17, 2016. With a background in business development, finance, and global operations, Whitehurst has a reputation for helping companies flourish—even in the most challenging of times. Whitehurst strongly advocates using open-source software as a catalyst for business innovation.