Key Business News

Why ISO modernization is so important for financial institutions

The transition to the ISO 20022 financial messaging standard represents a step toward a global standard for payment messaging. Financial institutions will greatly benefit from SWIFT\’s implementation of ISO 20022, which will allow for cross-border payments starting in August 2022. (FIs). However, the road to adoption for these organisations may be rather difficult. FIs will

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Bitcoin tops $39,000 for the first time in nearly 6 weeks

Bitcoin surged above $39,000 for the first time since mid-June as sentiment turned bullish following a recent sell-off. The cryptocurrency was trading at around $38,567 at 7:10 a.m. ET Monday, according to CoinDesk data, up nearly 12% in the last 24 hours. Bitcoin had earlier surged as much as 12% hit a 24-hour high of $39,544,

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While the U.S. is full of ‘complacency and entitlement’, ‘China rocks’ Elon Musk says

In the first instalment of a three-part interview with Automotive News’ “Daily Drive” podcast published Friday, Tesla and SpaceX CEO Elon Musk bewailed the “entitled” and “complacent” character of people in the United States, and glorified the “smart” and “hard working people” of China. New York and California — states that have supported his businesses,

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Three mega-trends shaping the data economy

Vilmos Lorincz, the managing director of data and digital products for Lloyds Banking Group in the UK, and I recently had the pleasure of speaking. Data is the basic unit of exchange in the financial services business, therefore creating innovative banking protocols is essential to creating progressive solutions for customers and industry peers. The Open

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Making Sense with the new working styles, post pandemic

The boundaries between where and how office workers carry out their regular tasks are hazy. Technology and governmental regulations have made working remotely or in an office possible, but they have also made it mandatory. Is this still true for first-line support teams for manufacturing employees today? Maybe- is the answer. Organizations struggled to maintain

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Why Going Viral Is Not a Sign Of Growth

Granted, seeing stories and videos go viral is exhilarating, but it cannot be a long-term solution. Social media is a platform for so much more than merely going viral. The contemporary word \”viral\” applies to content that has been successfully shared outside its target audience. Most likely sources of viral content make their way through

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Five cool things about private 5G

We all look forward to the day we can play immersive, virtual-reality games on our 5G phones with ease and speed. But 5G’s advances in bandwidth and latency will go far beyond the consumer experience. It’s also a potential game-changer for enterprises, manufacturers, universities, hospitals, the public sector and beyond. For many of these organizations, a private 5G network will be the way to go, often in tandem with Wi-Fi 6. All will want to step up to the

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Turn sustainability ambition into action

IBM has been asking hundreds of CEOs about their main concerns for almost 20 years. Sustainability scored first in the most recent study, up 5 spots from 2021. Nearly 60% of CEOs reported that there is a considerable demand from investors for increased sustainability disclosure. Additionally, they sense pressure from various parties. Governments and regulators

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How to build a hyper-resilient supply chain for the 2022 holiday season

When it comes to supply chains, normalcy will not return very soon, if at all. \”We have no time to wait and find ut. Being lucky is not a plan, \”said Bindiya Vakil, co-founder and CEO of the supply chain data monitoring firm Resilinc. On the plus side, according to Vakil, we are much better

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