It seems that these days everyone wants to be a data scientist – or employ a team of them. There is little doubt that rigorous analysis of big data can pay dividends in the financial world, but the age-old problems of data quality and false correlations are not going away, as Silvia Pavoni reports.
The fourth most populous country in the world spread across more than 6000 islands, banks have struggled to reach out beyond Indonesia's big cities up to now. However, a digital transformation is gripping the country, bringing with it the promise of huge increase in financial inclusion. Stefania Palma reports.
Myanmar’s central bank has opened up the local market to international payment companies such as Visa and MasterCard. But how will they help modernise the payments sector and drive financial inclusion in this newly opened frontier market? Stefania Palma investigates.
Marco Abele, a digital transformation expert at Credit Suisse, argues that culture – not technology – is the main success factor when re-engineering a bank for the future. He describes to Joy Macknight how the bank architected a culture shift in its private banking business.