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Items tagged with "Digitisation"

GLEIF reveals issuance and infrastructure models for vLEI

The Global Legal Entity Identifier Foundation (GLEIF) has unveiled the issuance and technical infrastructure models that it will deploy in its new verifiable LEI (vLEI) system.

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Digitisation and Data-use Accelerated

It goes without saying that 2020 has been a difficult year, with all sectors facing unprecedented challenges. However, in slim silver-linings news, the stay-at-home orders have accelerated an already-underway pivot to digital across the board. In fact, the need for rapid, high-quality data while tracking the effects of the pandemic has also highlighted just how crucial digital, structured, machine-readable […]

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GLEIF to launch digital, instant LEI Verification

This week the Global Legal Entity Identifier Foundation (GLEIF) announced the next step for the Legal Entity Identifier (LEI): a fully digital LEI service capable of enabling instant and automated identity verification across all industries worldwide.

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Are Central Banks Innovators? 

A recent speech by Benoît Cœuré, Head of the Bank for International Settlements Innovation Hub, at the World FinTech Festival, outlined the role central banks have to play in innovation.

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ING Bank Implements XBRL and Digital Signatures in new Real Estate Reporting

ING Bank in the Netherlands recently launched a new XBRL-based project designed to increase efficiency, trust and transparency in real estate valuation. Following the introduction of XBRL for real estate valuation reports, this new initiative includes the final piece in the puzzle: qualified, digital signatures.

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Seizing Digital Finance Opportunities

The Covid-19 crisis has flipped a digital switch, accelerating pre-existing shifts towards digitalisation and the use of new technologies in business and banking.

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Singapore announces RegTech Grant

The Monetary Authority of Singapore (MAS) has announced the launch of an SGD 35 million Productivity Solutions Grant (PSG) to help smaller financial institutions adopt digital solutions for more streamlined regulatory reporting.

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Japan shifts from Paper to Data in digitalisation drive

Japan is a country well known for its traditions. However, although tourists might love seeing locals sporting kimonos in Kobe, when your Covid-19 data is being recorded by hand and sent via fax, it might be time for an upgrade.

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FRC proposes Vision for the Future of Reporting

Many of today’s corporate reporting habits are hangovers from a bygone era before digital technologies crept into every corner of our lives. As such, we have an opportunity to reimagine reporting from the ground up, taking the transformative impact of technological advances into account.

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Estonia: Data-driven Reporting on the Agenda

Estonia has been quietly forging ahead with all things digital for some time now. Seeing as it boasts some of the fastest internet on the planet and the world’s first digital e-Residency scheme, it’s of no surprise that structured data is also on Estonia’s agenda.

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