Elevandi

Our premier partner, SoftServe, recently co-hosted an industry insights session gathering a dozen industry leaders who explored a range of topics around AI in financial services. Some of the points that came out of that discussion included: 🔎 Balancing regulatory risk and innovation in Financial Services 🔎 The importance of data governance: data learning zones, confidence around data ownership, mitigating data leakage, managing traceability and auditability 🔎 The risk of hallucination as a wildcard – are we adopting systems known to be unreliable? 🔎 The challenge of model-testing in an unknown realm - muddying the waters with synthetic data knowing that AI is not yet robust 🔎 Talent demands are nuanced, we need to train humans to work with AI as a fallible peer These topics will be addressed in more depth at the #InsightsForum. Join us in the dialogues and be a part of these outcomes-focused discussions. Register your interest to attend here: https://lnkd.in/ghB53aPv Dipen Mehta Wells Vaughan Tamara Singh

“The true strength of Africa's fintech ecosystem lies not solely in financial capital, but in the people who drive innovation and shape the industry's future.” - Iyinoluwa Samuel Aboyeji In line with global fintech sector investments, fintech investments in Africa declined by 77% to $186 million in H1 2024, down from $826 million in H1 2023. Yet, East Africa has demonstrated resilience as it doubled its total investment in Q2 2024 from what it was they year before, reaching US$16.5 million. Much of this is attributed to the innovation labs like Nakuru Box and Adanian Labs that have provided support to entrepreneurs and startups in the region through mentorship and business and partnership opportunities. Read this report to learn more about the state of fintech in Africa, and the promises and possibilities it holds for a more sustainable ecosystem. You can also join John Rwangombwa, Maxwell Opoku-Afari and Isabelle Lessedjina who will be speaking at the upcoming Singapore FinTech Festival on 6-8 November. Get your festival pass now: https://lnkd.in/gTsH-6zQ

“We can no longer operate a system in which the privileged have all kinds of access and the underprivileged do not.” As cross-border payment flows top $150 trillion annually, leading figures from banking, fintech, payments, and e-commerce gathered to unpack its evolution. Read the outcomes from discussions around how different stakeholders can make the global financial system faster, cheaper, and more inclusive: https://lnkd.in/ggW5U9D7 #PZF #Inclusivity Josh Burek David Anderson

According to the World Bank Group, the Asia-Pacific region accounts for half of the world’s unbanked. These underserved and excluded populations risk losing access to a bank account, or any type of financing, due to strict compliance with anti-money laundering and counter-terrorism financing regulations. From evaluating internal compliance frameworks, creating guidelines to help financial institutions use risk-based approaches, to assessing existing regulatory models for Simplified Due Diligence, this white paper explores various strategies to build more inclusive banking for all. Read the report here: https://lnkd.in/g5P_9tqD Griffith University

#Quantum computing is here. But as this technology promises to solve complex problems that surpasses the ability of classical computers, new opportunities come alongside new risks. In response to this changing landscape, the G7 Cyber Expert Group recently put together a statement highlighting the need for the public and private sectors to deepen their understanding of quantum-related risks, conduct more comprehensive risk assessments, and develop and implement risk mitigation plans in financial services. Following that conversation, this report aims to uncover questions around: 🔎 the current state of quantum computing, its promises, and threats 🔎 the solutions available today to achieve quantum safety 🔎 practical action points that can be implemented Is your organisation quantum-ready? Read the report to learn more. https://lnkd.in/gv9gFDvu #CyberSecurity #InsightsForum #CISO Thomas Moser | Andreas Wehrli | Swiss National Bank | Point Zero Forum

Rwanda’s remarkable transformation into one of Africa’s fastest-growing economies showcases the power of innovation and reconciliation. In collaboration with the Kigali International Financial Centre and the National Bank of Rwanda (NBR), Elevandi will host the Inclusive FinTech Forum in Kigali from 24 -26 February 2025. The second edition of the Forum, themed, “Empowering Economic Inclusion Through Accelerated Technology Adoption,” explores sustainable growth in an evolving financial ecosystem. Join us in Kigali to be part of these crucial discussions and help shape the future of financial inclusion. #IFF

"Almost 70% of women-owned businesses lack access to financial services." Isabel Chatterton highlights the session at SME Finance Forum, Managed by the IFC (International Finance Corporation) on issues that affect women entrepreneurs, and how #AI among other things like partnerships can support access to financing and empower women in business. #GSMEFF

We’re excited to showcase our fifth Blockchain Guardians mentor, Esme H., Chief Compliance Officer at SC Ventures. 🥳 Esme is a global compliance expert experienced in leading teams of compliance and risk professionals across US, APAC and EMEA. She was previously at the Commonwealth Bank of Australia heading the international financial services compliance division. Esme also spent three years in supervision at the UK’s Financial Services Authority. More recently, Esme worked at a global blockchain company which built and launched a large institutional digital assets exchange. She is the digital assets Compliance subject matter expert for Standard Chartered Bank and is the co-Chair of the Wolfsberg VASP Working Group. The Blockchain Guardians programme is organised by Elevandi Education and supported by education partner TRM Labs, as well as industry partners Crypto.com and Amazon. Singapore FinTech Festival

The esteemed Piyush Gupta will be joining Sopnendu Mohanty for a fireside chat at the upcoming Singapore FinTech Festival this November, where he will share his journey in shaping DBS Bank into the global innovator as we know it today. Having taken the helm of the bank for 15 years, Piyush brings with him a wealth of experience. He was awarded the Public Service Star by the President of Singapore for his meritorious services to the nation in 2020. Don't miss out on this rare and exclusive session. Get your festival pass now: https://lnkd.in/gKyvp2Gf #SFF2024

Universal Trusted Credentials (UTC) presents significant growth potential for MSMEs, particularly in emerging economies. However, alongside a ready infrastructure, having the trust of banks, and the integration of fintech in cross-border trade is crucial for success. How can we create a tamper-proof, resilient, and decentralised system that’s secure, and public-private partnerships play a role in supporting the growth of UTCs? Francesca Puricelli | Point Zero Forum Link: https://lnkd.in/g_njZfre