Elon Musk: CO2 saint or sinner? - FT Film

 

The electric car revolutionary has built a reputation as a clean energy champion. But SpaceX has never fitted in with Musk's green image. Now the tech billionaire is driving the energy-hungry crypto market. FT writers and experts weigh his climate record, both good and bad, and ask whether his green status stacks up. 

You can read more at https://www.ft.com/climate-capital

“TOP READS OF THE WEEK” (for week ending 18 June)

The latest top reads in banking, fintech, payments, cybersecurity, AI, IoT, risk management and much more

In this weeks selection;

Top Reads

• The Merging Of Human And Machine. Two Frontiers Of Emerging Technologies
• Banks' pandemic-era flexibility reaches its pivot point
• Are Consumers Ready for a World Without Bank Branches?
• AI Will Fuel the Financial-Services Revolution. Here's What to Know
• Basel suggests strictest risk weighting for crypto
• Gig economy workers gravitating to faster pay
• Morgan Stanley, Bank of America CEOs break relative silence on office returns
• The Biggest Business Risks Around the World in 2021
• How payments became a magnet for money
• Mastercard faces pushback over executive pay
• Overlap concerns grow as more federal cyber officials join the ranks
• CFOs rethinking cost savings of just-in-time supply chains
• JPMorgan to buy robo-adviser Nutmeg to bolster UK footprint
• Visa pilots US merchant phone-tap system
• CFOs rethinking cost savings of just-in-time supply chains

From our Blog

• What are today's biggest business risks?
• ESG - What is next and what do you need to do?
• Who is going to win the digital money competition?
• Elon Musk’s Power Over Crypto, Explained - WSJ
• Crypto: will the bitcoin dream succeed? - The Economist

What are today's biggest business risks?

The world can be a dangerous place. The only certainty that there is is that change happens constantly.

Businesses, as well are faced by rapidly changing environments and the associated risks that they need to adapt to. These can range from supply chain issues because of transport problems or conflicts, to disruptions caused by natural disasters.

Almost 3,000 risk management experts were surveyed for the Allianz Risk Barometer, and the results reflect the top 10 business risks that leaders must watch out for in 2021.

Get the low-down HERE.

ESG - What is next and what do you need to do?

Over the last couple of years we have seen a flurry of activity on the environmental, social and corporate governance (ESG) front. The plethora of scattered, fast-paced ESG developments across the public and private sectors are putting corporate compliance teams in a difficult position, especially as some companies are still reeling from staff and resource cuts caused by the pandemic.

Want to know more about what is coming up and what you need to do? Read Alexandra Wrage's article in Forbes HERE.

Who is going to win the digital money competition?

In a posting in Finextra, Janne Jutila, Managing Director at Internos Partners writes;

‘The two main drivers of competition in digital money are geopolitical and technological – and they are intertwined. China is fast becoming the largest economy in the world and is already almost cashless as commerce is done on mobile platforms like Alipay and WeChat pay. China aims to further boost economic growth, whilst increasing state control, as it imminently plans to scale the use of digital yuan. As digital yuan transactions can be monitored and controlled by Chinese government, it could well allow more freedom in its use outside the country. How much boost the digital yuan will give remains to be seen but enough to add urgency on ECB and FED to progress on their competing digital currency projects.’

Read the full article on Finextra HERE.

Elon Musk’s Power Over Crypto, Explained - WSJ

Elon Musk’s comments on assets like bitcoin and dogecoin have helped send prices sky high – and crashing down – over the past year. WSJ explains Musk’s influence on cryptocurrency investors, and why some experts think the ‘Dogefather’ is taking investors for a ride.

 

Crypto: will the bitcoin dream succeed? - The Economist

Bitcoin and other cryptocurrencies set out to upend the financial order and replace conventional money. Bitcoin has certainly disrupted the global financial system, but can it ever live up to the hype? 

You can read more in The Economist's latest report on cryptocurrency- https://econ.st/3wnYfRr