Who says regulation has to be old, slow and wasteful? Regulation is digitizing too, getting better, faster and cheaper. Today’s new regtech tools never lived on paper – they’re built from scratch with powerful data and analytics. Machines can read and even execute rules. Reporting can move to real time. Low-cost AI can catch financial crime. Improvement can be continuous. This presentation reveals how innovators and visionary regulators are moving us to a digitally-native world.
CAN WE TRUST THE MACHINES? USING DATA AND AI TO BUILD A NEW FINANCIAL INDUSTRY
Technology is transforming everything, bringing us drones and clones and genetic design and driverless cars and, yes, driverless finance. This explosion of change is fueled by the simultaneous arrival of massive volumes of data and powerful new ways to leverage it through artificial intelligence. But how will financial companies know what technologies are safe to use? How do you solve AI’s “black box” problem? How can you protect privacy? Is cloud computing really secure? What do regulators expect? This talk explains how to thrive on AI.
TEES AND TIES THE SECRETS OF HOW TECH FIRMS INNOVATE
Most financial companies today want to “innovate.” With millennials becoming the largest generation in world history (poised to inherit $30 trillion), financial providers of all sizes are scrambling to offer the same great technology that people now expect from everything they touch. Projects are proliferating to “digitize,” become “mobile-first,” create great customer experience (CX), and try something on the blockchain. But tech innovation isn’t about products and processes. You can’t get it by having employees switch from suits and ties to tee shirts and jeans. Innovation is about how the company thinks. This talk helps analog-era companies understand the advantages of their born-digital competitors in areas like agile design, design thinking, A/B testing, feature flags, forward/backward dynamics, stand-ups, open sourcing and much more – and how to bring these shifts safely into your organization