Color

#379A8B

Hero Carousel

Spotlight

Green Finance: Making the Transition to a Climate-Resilient Future
A Digital Future: Financial Services and the Generation Game

YouTube

https://www.youtube.com/channel/UCQDMOSbJtqrtNzif5rS22OQ

Slideshare

http://www.slideshare.net/economistintelligenceunit

Pinterest

https://www.pinterest.com/theeiu/

Banking on Big Data

Big data is the key to better risk management.

Revealing the paths to 2040: four possible scenarios for insurance

The insurance sector today finds itself at an inflection point. An industry fundamentally concerned with risk management is grappling with a range of profound uncertainties that will alter its evolution in the coming years. From the rising incidence of extreme weather events and natural disasters due to climate change to geopolitical volatility and shifting demographics, insurers are facing unprecedented challenges. Longstanding risk models are also being upended by rapid technological advances and evolving market needs. 

Can disruptive technologies bolster the competitiveness of North American Banks?

  • Even more respondents in North America are convinced than those in other regions (90%, compared with 63% globally) that technology will be the trend to have the biggest impact on banks in their country in the next five years.
  • Product agility and enabling embedded finance are bigger strategic priorities for North American banks than those in other regions in the next five years. Accordingly, they are investing more on agile technology delivery (DevOps) and blockchain technology.

Podcast | Unlocking entrepreneurship in Asia-Pacific

Episode 8: Unlocking entrepreneurship in Asia-Pacific

Can banks create a true ecosystem with embedded finance?

  • New technologies will have the biggest impact on banks in the next five years—more than changing customer demand and evolving regulation. Generative artificial intelligence (AI) in particular is expected to impact banking, according to 75% of respondents to a survey conducted by Economist Impact. More than 70% of survey respondents see unlocking value from AI as a key differentiator between winners and losers.
  • Collaboration with fintechs or other technology providers is key to access expertise in emerging technologies as openbanking initiatives multiply across the world.

Podcast | India’s time to shine? Opportunity and risk in India

Episode 7: India’s time to shine? Opportunity and risk in India

Fintech’s new wave: Exploring the impact of recession on the path towards digitalisation

We found that the pandemic accelerated the digitalisation of customer interaction by an average of three years and banks’ share of digital offerings by seven years. [1] However, at the time, we were also beginning to see the effects of digital transformation fatigue and explored the strategies that the world’s biggest banks were deploying to become more agile and customer-centric. Now, a year later, the landscape facing banks has changed dramatically. The covid19 digitalisation boom has come to an end, and the industry is preparing for a global recession.

ESG priorities in China: How companies in China are approaching ESG

The survey finds that Chinese companies are in a state of transition from largely domestically driven priorities emanating from China’s unique period of  breakneck industrialisation to a set of goals more aligned with international ESG practice. Whereas companies were more likely to follow government regulation in the past, the current drivers of this change are primarily demands from investors and customers.

The main findings of the survey as follows: 

Podcast | What would a protracted war in Ukraine mean for Asia-Pacific economies?

Episode 5: What would a protracted war in Ukraine mean for Asia-Pacific economies?

Tech redefines ageing: how tech is enabling productive lives for older populations

Globally, advances in healthcare have significantly improved not just life expectancies, but also the quality of people’s health in older age. These changes are raising questions around how greying populations can be supported by technological innovations so they can continue living productive lives.

Enjoy in-depth insights and expert analysis - subscribe to our Perspectives newsletter, delivered every week