Issue #331 September 30th, 2021

Regulation is what the digital market needs in order to thrive. FAFT recommendations tell us that virtual asset service providers are not becoming less important in the world economy, but at the same time they must be able to identify their customers. The debate involves fintech companies as well as more traditional financial systems that are moving towards digitalization: from the US to China, companies and politicians understand the importance of a regulated space, but not everyone has the same opinion.

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InsurTech

    When new players of the size and savvy of Amazon breach our walls, insurers can feel their tea cups rattle. The unsettling problem is that insurers have historically underutilized access to the customer by thinking about their business as books of business and pools of risk rather than looking from the perspective of customer need.

    If you are familiar with photo and video editing tools, then you have probably heard of deepfakes, an emerging breed of artificial intelligence-enhanced videos that have demonstrated the ability to blur reality in ways that are extremely difficult for humans or even machines to detect.

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