Is India The Next China?

Although India has lagged behind China since both countries opened up to the world in the 1980s, the Indian government is now taking steps to finally challenge its biggest economic competitor.

 

“TOP READS OF THE WEEK” (for week 30 October to 5 November)

This is the final edition of TOP READS OF THE WEEK in this format.

However, you can still get all the top reads in banking, fintech, payments, cybersecurity, AI, IoT, risk management by reading / subscribing to the “Citadel Advantage News Digest”.

The Citadel Advantage News Digest is published at least twice a week with all the latest news on Banking, Fintech, Payments, Operations Risk and much, much more. Check it out!

Subscribe to our newsletter click HERE. Under the topmost item “Newsletter” click on “Start reading” to access.

In this weeks selection;

Top Reads

• Meta CEO Zuckerberg predicts the metaverse will be mainstream in 5-10 years
• Banks' green pledges under scrutiny
• What We Can Learn From The Sub-Saharan African FinTech Infrastructure
• Sorry, Mark. You Don't Own the Metaverse
• Starling CEO says open banking a flop: Other fintech chiefs beg to differ
• Citi makes COVID-19 vaccine mandatory for 65,000 US employees
• Regulator previews coming crypto, stablecoin policy
• Fintech Apps Still Depend on Old-School Banks to Move Money
• A Battle for Earth: 5 Ways IoT Can Help Save Our Planet
• Elon Musks Lessons In Business Scaling
• The advantages of an AI/ML-enabled search engine for FDA records
• UK regulators warn financial sector still failing to account for key climate risks
• Protecting The United States' Critical Infrastructure From Cyberattacks
• Global rule maker created for ESG disclosure standards
• Pandora Papers highlight the importance of PEP checks as part of AML armoury

From our Blog

• The Great Resignation: Why Millions Of Workers Are Quitting
• Facebook Name Change Signals High-Stakes Race for 'Metaverse'
• China's Race for AI Supremacy
• Understanding and Responding to Bribery & Corruption Red Flags
• See what three degrees of global warming looks like
• The Cost to Reduce Global Warming? $131 Trillion Is One Answer

The Great Resignation: Why Millions Of Workers Are Quitting

Americans are leaving their jobs in droves. In August 4.3 million Americans quit their jobs. While some people have left the workforce entirely, job security and better pay are top concerns for others. Dubbed "The Great Resignation", the exodus of workers has created hiring challenges for companies and left millions of jobs unfilled. More than half of U.S. workers surveyed said they plan to look for a new job in the coming year, according to Bankrate's August jobseeker survey. Some 56% of respondents said adjustable working hours and remote work were a priority. Working women have faced an additional burden, juggling childcare duties, virtual schooling and their careers. So, what does the realignment of the workforce mean for employees and businesses? And what steps should you take before quitting your job?

 

Facebook Name Change Signals High-Stakes Race for 'Metaverse'

A tech industry battle is taking shape over the “metaverse.” WSJ tech reporter Meghan Bobrowsky explains the concept and why tech companies like Facebook, Roblox and Epic Games are investing billions to develop this digital space.

China's Race for AI Supremacy

Artificial intelligence is set to revolutionize the world, empowering those nations that fully harness its potential. The U.S. is still seen as the world AI leader, but China is catching up. The race is central to the U.S.-China rivalry and a critical facet of the economic and military competition that will define the decade.

 

Understanding and Responding to Bribery & Corruption Red Flags

Corruption is a form of dishonesty or a criminal offense, undertaken by a person, or an organization entrusted with a position of authority, in order to acquire illegal benefits or abuse power for one's private gain. Corruption may involve many activities, which include bribery and embezzlement, and it may also involve practices which are still legal in many countries.

Political corruption occurs when an office-holder or other governmental employee acts in an official capacity for personal gain.

Corruption and crime are widespread sociological occurrences that appear with regularly in virtually all countries on a global scale in varying degrees and proportions.

The term “red-flag” means a warning, a clue that there may be a problem, a sign of danger. When it comes to bribery and corruption there are a number of signals that are given off in arrangements for various activities that act as warning or red flag that something may be amiss.

Check out / Register for our NEW online training course HERE.

See what three degrees of global warming looks like

If global temperatures rise three degrees Celsius above pre-industrial levels, the results would be catastrophic. It’s an entirely plausible scenario, and this film shows you what it would look like.