Tag: finance
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Why innovation in finance starts in the back office
It’s time for CFOs to grasp innovation by the horns and to understand how to best streamline processes and use technology to boost efficiency in the back office, Even in the world’s largest businesses, it’s not unusual for the finance department to still lean on spreadsheets and manual technology. Finance departments have long since relied…
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Launching Today…The Institute For Block Chain Innovation
You can always tell when a new technology vertical starts to mature and to organize itself as an industry. In 2018, the block chain industry began that transition. In January, at the World Economic Forum in Davos, Switzerland, many of the official sessions and off-site events were about bitcoin, crypto currency and block chain. It…
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The cryptocurrency bubble is strangling innovation
Sure, fine, maybe it’s a bubble. OK it’s definitely a bubble, but that’s a good thing, a bubble brings attention and investment in infrastructure, which breeds real innovation. Right? Look at the dot-com boom. A lot of people lost a whole lot of paper money, but it brought us a cheap worldwide fiber backbone…
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Long-term finance and BNDES tapering in Brazil
Otaviano Canuto & Matheus Cavallari One major policy issue in Brazil is how to boost productivity, while following a path of fiscal consolidation that will take at least a decade to bring the public-debt-to-GDP ratio back to 2000 levels (Canuto, 2016a). The productivity-boosting agenda includes not only the implementation of a full range of structural…
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Artificial Intelligence Is Likely to Make a Career in Finance, Medicine or Law a Lot Less Lucrative
Image credit: Blutgruppe | Getty Images First generation robots worked in factories. Second generation robots are preparing for white-collar profession. Sort of like people. Perhaps you were encouraged to get a professional degree to land a high paying job like a doctor, dentist, lawyer or something similar. This also seems like great advice, considering a professional degree…
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World Bank launches loan program for women entrepreneurs
Participants of the ”Launch Event Women’s Entrepreneur Finance Initiative’, among them the daughter of the US President Ivanka Trump (front) and (second row L-R) World Bank Group President Jim Yong Kim (Front L), Britain’s Prime Minister Theresa May, Australia’s Prime Minister Malcolm Turnbull, Japan’s Prime Minister Shinzo Abe, US President Donald Trump, German Chancellor Angela…