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Articles on Financial institutions

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The accounting profession and others in the financial services industry are at risk of extinction due to technological advances. (Adeolu Eletu/Unsplash)

Financial professions must pivot to stave off technological extinction

In the face of technological threats, it may be tempting to turn finance professionals into data scientists. This isn't the way forward. Instead, they need to find new uses for their expertise.
In an era of data breaches and privacy intrusions, the majority of Canadians want paper bills. So why aren’t organizations listening to them? (Shutterstock)

A plea to businesses: Don’t take away our paper bills!

In an era of data breaches and data privacy concerns, governments should enshrine in law a requirement for companies and banks to send paper bills and statements in order to protect consumers.
Brazilian President Temer, Russian President Putin, Chinese President Xi Jinping, South Africa’s President Zuma and Indian Prime Minister Modi. Reuters/Kenzaburo Fukuhara

BRICS needs a new approach if it’s going to foster a more equitable global order

The promise of BRICS was that it would usher in a new approach to development. But after meeting annually for the last nine years there's no sign that the old order has been challenged.
Organisations increasingly need to put procedures and practices in place to manage their reputation in the social media age. Shutterstock

How South Africa’s financial sector handles risks linked to social media

The increasing use of social media in the financial sector has made it difficult for companies to exercise control, while at the same time allow employees freedom of expression in the workplace.

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