How the financial sector can spur the industrial economy’s green transition

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Richard Ming-Hsing Tsai, Chairman, Fubon Financial Holding The Global Carbon Budget 2022 found few signs that carbon emissions are declining and warned that, at current emissions levels, there is a 50% likelihood that global warming would surpass 1.5°C in […]

Here’s how to mobilize finance for a just transition and net zero

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Nick Robins, Head, Grantham Institute, London School of Economics and Political Science The importance of a just transition to a sustainable economy is part of the 2015 Paris Agreement, for which finance is a major lever. The financing […]

How attention to data privacy will stabilize our financial markets

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Dominique Shelton Leipzig, Partner, Cybersecurity & Data Privacy practice, Mayer Brown Recent stock market declines have been explained by the impact of COVID-19 and the war in Ukraine, but a key cause has been data privacy. Data privacy […]

Innovative debt financing could close the digital access gap. Here’s how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Burke Norton, Senior Managing Director; Co-Head, Perennial Investing, Vista Equity Partners and Bill Horton, Senior Vice-President, Deputy General Counsel and Corporate Secretary, Verizon Communications Digitization of services is on the rise, with digital inclusion affecting access to healthcare, […]

It’s time for a rethink on financial inclusion – new principles show how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ajay S. Banga, Executive Chairman, Mastercard While technology has served as a gateway for many, patchy internet access and the lack of affordable tools and access to digital skills has created a digital divide that risks barring the […]

How to harness AI and data portability for greater financial inclusion

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Laurent Le Moal, Chief Executive Officer, PayU, Naspers & Amelia Ng, Managing Director, SC Ventures, Standard Chartered Bank Around the world, 1.7 billion people still lack access to a formal bank account. Digital innovations, such as AI, are […]

How trade-based money laundering works and its impact on world finances

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Deya Innab, Chief Strategy and Product Officer, Eastern Networks (EastNets) Trade-based money laundering and associated tax evasion is big business. Financial losses from these crimes in developing countries totalled $9 trillion between 2008 and 2017. Global trade complexities […]

3 priorities to shape the post-pandemic financial system

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Huw van Steenis, Senior Adviser to the Chief Executive Officer, UBS & Alice Law Shing-Mui, Deputy Chairman and Managing Director, Hong Kong Mandatory Provident Fund Authority COVID-19 has sharpened the understanding that climate change could upend the financial […]

The power of partnership: joining forces to fight financial crime

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Senior Writer, Formative Content Financial crime is a complex and ever-evolving issue. 49% of global organisations victim of fraud or economic crime. Regulators, law enforcement and industry working together. We are living in a period of […]

An economist explains what happens if there’s another financial crisis

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kenneth Rogoff, Thomas D. Cabot Professor of Public Policy and Professor of Economics, Harvard University & Ross Chainey, Digital Media Specialist, World Economic Forum The financial crisis of 2008 may have started in the US banking sector but it […]