Weekly Update of Global Fintech【Vol.247】

Recently, the UK's two main financial regulators - the Bank of England and the UK Financial Conduct Authority - jointly announced the opening of the Digital Securities Sandbox . The sandbox policy is said to allow participating institutions to use innovative technologies, such as Distributed Ledger Technology , to carry out activities traditionally associated with centralized securities depositories and trading venues, to foster innovation and to promote a safe, sustainable and efficient financial system, while protecting financial stability and preserving the integrity and cleanliness of the financial protection market.

(Source: weiyang,October 8, 2024)

On October 9, the 2024 Nobel Prize in Chemistry was announced. David Baker, Demis Hassabis and John Jampel shared the prize. The former has made outstanding contributions in the field of “computational protein design”, while the latter two have made outstanding achievements in “protein structure prediction”. This is also after the physics prize, this year's Nobel Prize was again awarded to artificial intelligence related results and scientists. The Nobel Prize in Chemistry, in addition to honoring the winners, is also an important recognition of the in-depth application of artificial intelligence in the field of basic scientific research.

(Source:kjjrw,October 10, 2024)

Worldpay, a global payment service provider, recently released a report on Payment Performance in six segments, including retail, air travel, etc. The report analyzes “Payment Enabled Business” from three dimensions, namely acquiring, distributing and managing, and helps enterprises to improve user experience, enhance trust, optimize operational efficiency and establish a competitive advantage. competitive advantage.

(Source:financialnews,October 14, 2024)

Recently, a new batch of innovative applications of Guangdong Province's financial science and technology innovation and regulatory tools were announced, with “digital finance” as the theme of the batch, which is the tenth batch of financial science and technology innovation applications announced in the region so far.The four digital financial innovation applications announced this time mainly include four aspects: first, the use of artificial intelligence and cloud computing technology to build a financial basic service platform, integrate and encapsulate AI basic capabilities, build three major capability groups of perception, cognition, and decision-making, and realize the shared reuse of intelligent capabilities and services across the entire bank; second, the construction of a data asset management platform based on distributed microservices technology to provide full-process management of data collection, application, and evaluation, and to promote the development and development of the financial technology innovation and regulatory tools. Secondly, we build a data asset management platform based on distributed micro-service technology, providing full-process management of data collection, application, evaluation, etc., and promoting the flexible docking and service integration of data assets with data middle office and self-service analytical tools; thirdly, we build a process automation platform using RPA technology, realizing automated processing of a large number of cross-systems, fixed rules, and highly repetitive manual work, and enhancing the level of risk control and digital operation and management; fourthly, we build a video banking service using multi-modal intelligent interaction technology, providing The fourth is to utilize multimodal intelligent interaction technology to create video banking services, providing a new remote face-to-face service experience, lowering the threshold of business processing for the elderly, the disabled and other special groups, and enhancing the convenience and universality of financial services.

(Source: cebnet,October 9, 2024)