The disruption of the financial industry

Note: This article is a collective work by the futurologist Jens Hansen and digital expert Carsten Lexa. Digitization brings us disruptions in a wide variety of industries. Newspaper publishers, video rental companies, retailers, bookstores — all have already undergone a major transformation. The change in the retail business for books was particularly bad especially in the USA. In 2011 the

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Regulatory deficiencies impacting on Anti Money Laundering measures

By Charles Wanguhu Kenya currently risks being black listed by the OECD Financial Action Task Force (FATF) as a jurisdiction with key deficiencies in the control against money laundering. The other two countries on the list: the People’s Republic of North Korea and Iran. The Financial Action Task Force (FATF) is an inter-governmental body tasked with the development and promotion

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Kenya Trending on Twitter

By Kamau Wanguhu Ardent twitterzens will have noticed in the past two days two distinct Kenyan topics that have been trending: firstly the passing on of Prof Wangari Maaathai a Nobel peace prize winner, great conservationist and former Member of Parliament. Secondly has been #Things stronger than the Kenyan shilling, a tongue in cheek commentary on the tanking of the Kenyan

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Islamic Banking And Finance: Why The Global Down Turn Was Good For The Sector

By: Ainsley Brown The global down turn it could be argued came as a blessing in disguise for the Islamic banking and finance sector (IBF).  But may not for reason you might think. The decline in western banking and finance, while it led to many opportunities for the expansion of IBF, actually saw a decline in growth. This decline though

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Hong Kong Hones In On London And New York For Top Banker Spot

By: Ainsley Brown According to the latest Global Financial Centres Index (GFCI), as conducted by the think tank Z/Yen Group, London and New York City (NYC) remain number one and two respectively as the top financial centres. However, Hong Kong (HK) is closing the gap and is in a respectable third. The twice yearly index ranks 75 cities based on

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