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Fully automated identity checks when opening an account? Automatic immobiliser activation in leased cars, if an instalment has not been paid? International bank transfers credited to the recipient’s account within seconds? Sounds like science fiction? Yes, but blockchain has brought us one step closer to this vision.
zeb has recently developed a simplified approach to measure the exposure to climate risk of any bank or financial institution based on publicly available figures. The approach captures transition and physical risks and takes into account contract partners as well as countries in which an institution operates.
Bank of England Governor Mark Carney has recently claimed that Fintech could help promote growth and boost stability for the United Kingdom. But with things looking majorly uncertain for the City of London ahead of Brexit, Business Review Europe has decided to evaluate how much merit his comments might have.