MIT Technology Review
By Martha Leibs
+- “This is a huge investment and most financial institutions cannot support this for the long term,” says Michael Fei, SME banking CEO at OneConnect Financial Technology, an associate of Ping An Insurance.
- Every financial institution is looking to digital transformation to meet rising customer expectations for speed and convenience, lower its operating cost, and fend off competition, including from tech companies moving into financial services.
Read more >MIT Technology Review
By Karen Hao
+- A finance company, operating under the fair lending laws in the US, would want to check its lending models for bias to mitigate legal risk.
- A telehealth company, whose systems train on sensitive medical data, might perform privacy audits to mitigate reputational risk.
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