This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The Middle East is rapidly evolving into a global hub for technological innovation, with 2025 set to be a pivotal year in the regions digital landscape. AI and machine learning are poised to drive innovation across multiple sectors, particularly government, healthcare, and finance.
Meniga , the London fintech that provides digital banking technology to leading banks, has closed €10 million in additional funding. Meniga says the funding will be used for continued investment in R&D, and in particular further development of green banking products — building on its carbon spending insights product.
Set for Tuesday 19 November, the CIO100 ASEAN Awards event will bring together the top senior technology executives and teams in Southeast Asia and Hong Kong driving innovation and influencing rapid change. Our Next CIO winner will be an individual who exceeds expectations while driving innovation through their organisation.
This alignment ensures that technology investments and projects directly contribute to achieving business goals, such as market expansion, product innovation, customer satisfaction, operational efficiency, and financial performance. Guiding principles Recognizing the core principles that drive business decisions is crucial for taking action.
The world must reshape its technology infrastructure to ensure artificial intelligence makes good on its potential as a transformative moment in digital innovation. New technologies, such as generative AI, need huge amounts of processing power that will put electricity grids under tremendous stress and raise sustainability questions.
CIO ASEAN is proud to announce the winners of the 2024 CIO100 Awards – recognising the top technology leaders and teams across Southeast Asia and Hong Kong who are driving innovation and influencing rapid change.
The Copenhagen-based startup announced the acquisition of fellow Danish fintech Gaia Investments this week with plans to integrate the trading platform, which focuses on investing in companies with sustainability goals, into its app. ” She added that she thinks the platform gets that request so often because its users trust it.
AI and Machine Learning will drive innovation across the government, healthcare, and banking/financial services sectors, strongly focusing on generative AI and ethical regulation. These trends underscore the Middle Easts ambition to become a global technology hub through strategic investments, innovation, and partnerships.
Banks are striving for digital innovation but regulatory constraints, data security and privacy concerns, integration challenges, and the high costs of enabling change prevent 70% from achieving their transformation goals. Overall, the banks digital channel perception CSAT improved from 63% in 2022 to 80% in 2024.
The CDO’s mandate extends beyond mere technology implementation; it encompasses the development of comprehensive digital strategies and the cultivation of a culture that embraces continuous innovation. This includes fostering a culture that values innovation and agility.
As businesses across the UAE embark on their digital journeys, AI has emerged as a key enabler, streamlining operations, enhancing decision-making, and fostering innovation. Andrew’s perspective highlighted the growing recognition within organizations that AI is not just a buzzword but a crucial driver of operational success and innovation.
By eliminating time-consuming tasks such as data entry, document processing, and report generation, AI allows teams to focus on higher-value, strategic initiatives that fuel innovation. Ensuring these elements are at the forefront of your data strategy is essential to harnessing AI’s power responsibly and sustainably.
How has banking evolved during the rapid digitisation of recent years? Banks are no longer the key players in the market, with fintech companies, digital-first start-ups, and tech giants delivering their own brand of financial services. Then there is the rise of sustainability. Refining the balancing act of innovation and risk.
How has banking evolved during the rapid digitisation of recent years? Banks are no longer the key players in the market, with fintech companies, digital-first start-ups, and tech giants delivering their own brand of financial services. Then there is the rise of sustainability. Refining the balancing act of innovation and risk.
More funding for sustainability reporting: Sweden’s Worldfavor , an early mover platform focused on building digital infrastructure to support supply chain transparency and cater to organizations’ ESG (environmental, social, governance) reporting needs, has bagged €10.2 million in Series A funding to step on the growth gas.
Capital is the fuel that advances scientific and technological innovation, and it means a life science startup can create products that benefit the world at large. However, science is hard, and cash in the bank does not overcome the complexities of human biology. But what happens when the funding suddenly dries up?
Munch-based climate tech startup Tanso , which sells software to help industrial manufacturers carry out sustainability reporting and carbon accounting, has banked €6.5 it took in last month via an EU innovation grant under the bloc’s EIC Accelerator program. . million in early stage growth funding. Tanso nabs $1.9M
Norway is a leader in sustainability. Its use of renewable energy, sustainable technologies, and recycling is common in homes and businesses throughout the country, as well as the neighboring Nordic region, making Norway a role model of environmental stewardship. Promote sustainable business practices to help the planet.
Social sustainability is good for business. It can help to unlock new markets, attract and retain customers, build trust and credibility, and spark innovation. The United Nations defines social sustainability as, “Identifying and managing business impacts, both positive and negative, on people.” million on average.
True AI-powered innovation such as adaptive financial modeling or real-time fraud prevention remains limited. Greenwashing is equally loud There’s a push for sustainability in fintech yet, many firms promote green products without any genuine impact fundamentals. Illustration: Dom Guzman
When it comes to sustainable infrastructure development, technology is making terrific leaps and bounds. Streamlined, and indeed sustainable, it ain’t. Streamlined, and indeed sustainable, it ain’t. The theory is that it will make investment in sustainable infrastructure a more attractive proposition, too.
Respondents represent 12 industries, among them banking, investment and insurance, manufacturing, automotive, retail, healthcare and the public sector. The report explores high-priority topics like the effect of GenAI on the workforce and organisational culture, as well as challenges relating to ethics, safety and sustainability.
Despite these opportunities, Tencent Cloud faces challenges from competitors, requiring a careful balancing act between innovation and market adaptability. Tencent Cloud’s deployment of palm verification for secure identity authentication, particularly in collaboration with Telkomsel in Indonesia, underscores its ability to innovate.
In a related session, Ricardo Angel Granados López (Xebia) and Akhil Nambiar from ING discussed how data is driving sustainable ESG initiatives , offering a strategic blueprint for organizations looking to align business objectives with environmental goals. You can check it out here. More details can be found here.
Respondents represent 12 industries, among them banking, investment and insurance, manufacturing, automotive, retail, healthcare and the public sector. The report explores high-priority topics like the effect of GenAI on the workforce and organisational culture, as well as challenges relating to ethics, safety and sustainability.
When leaders from 193 countries created a plan labeled the Sustainable Development Goals (SDGs) in 2015, it was the beginning of a new era of hope and possibilities. The ambitious goals promised equitable, sustainable growth for today’s and tomorrow’s generations by 2030. The need to innovate in the energy sector grows stronger.
He considers proptech still in its infancy with much of the innovation coming from home buying, selling and maintenance rather than accounting. Rojas said he saw the opportunity to not only scale aggressively on the revenue side, but also build a lasting business that was sustainable.
Like many legacy markets poised for change, the insurance industry has already seen its first wave of innovation. Similar in many ways to the initial novelty of opening a bank account online, insurtech 1.0 Refocusing on underwriting innovation starts with refocusing your business.
Becoming a sustainable enterprise is no longer a “nice to have” priority – reducing a company’s carbon footprint and fighting climate change is now mainstream. A sustainable model is built on an entrepreneurial approach to collaboration and building together, while making sure that the impact on the ecosystem is reduced steadily. “A
With emerging technologies like Gen-AI keeping organizations in a flurry of new implementations, a rapidly shifting CIO role, new innovations testing budgets and adaptability of organizations and increasing competition, a competent CIO is the ace that can change the game.
Retail, entertainment, music, and banking have largely moved online. Tesla, Uber, and many other stories of business innovation have this in common: Their business models have technology at their cores. They recognize that innovative use of technology is enabling new business models with competition-crushing advantages built right in.
CIOs face the daunting challenge of driving innovation while managing costs and ensuring practical implementation in a rapidly advancing digital landscape. This article presents essential strategies for CIOs to strike the optimal balance among innovation, value, cost, and practicality in tech investments.
Our Mesh-Grids leverage IoT and automation to make last-mile electrification affordable and sustainable — even for the most remote villages on the planet. Our innovation has spurred global demand from utility companies.”. “It feels great to lock in this funding so that we can accelerate our growth,” Hannan says in a release.
The company’s innovative “cloud agnostic” strategy, supported by VMware’s increased capabilities post-acquisition, will promote growth for the clients, no matter if their workloads are on-premise or in a public cloud environment. The IBM and VMware relationship goes back two decades and includes our jointly funded innovation lab.
In the years leading up to 2018, I have spent my time bringing innovation to the financial services space. As such it is all about innovation. And now, from a distance, my optimism regarding the sector’s ability to innovate and capture opportunities has not changed. Let’s study a bit about Innovation.
The contribution of these enterprises is pivotal to the country’s economy yet they remain underserved by traditional banking institutions making it hard for them to access the financing needed to grow. It will also extend loans to micro, small and medium-sized enterprises (MSMEs) based on data from its Leja app. “We
” Similarly, Ahmad said that for restaurants, paying substantial third-party ordering fees on all of their orders is “not a sustainable long-term strategy.” The idea of an automated voice assistant may bring back unpleasant memories of trying to call your bank or another Byzantine customer service department.
The industries these decision-makers represented include insurance, banking, healthcare and life sciences, government, entertainment, and energy in the U.S. The listening centered on conversations about emerging technologies and use cases associated with innovation, such as artificial intelligence, metaverse, blockchain, robotics, Web 3.0,
Ranging from the rapid adoption of sustainable technologies to the welcoming of a new local creator economy, we detail the surprising changes the pandemic has brought to consumer preferences, workplace dynamics, business models and the geopolitical influence on the fast-changing tech sector.
The foreign direct investment (FDI) sector financed $30 billion in sustainability projects, often referred to as global greenfield megaprojects, according to the UNs latest World Investment Report. Government investment leads to growth of Africas digital economy AU efforts lead to World Bank investment. For instance, the U.S.,
There are at least eight companies across the globe using mycelium to make leather, per the 2021 Material Innovation Initiative report. These mycelium-based materials innovators have attracted investors to ramp up mushroom- and plant-derived leather. Mycel isn’t the only company using mycelium to make leather. billion by 2026.
Cathay AfricInvest Innovation, FMO: Entrepreneurial Development Bank and Platform Investment Partners also participated. This type of tech innovation addresses societal challenges and is exactly the type of early-stage company that Naspers Foundry looks to back.” million, according to Aerobotics.
“As market trends remain relatively dynamic, qualitative data shows the appetite for innovation among workforces is strong,” the Deloitte co-authors wrote. Venture-growth work software deals remained steady, barely dipping from $35.4 million in 2021 to $35 million in 2022.
Slowed investments have been compounded by continued economic woes and the recent bank collapses have further shaken confidence. What role have the pandemic, slowing economy and recent bank crisis had on your investments? What role have the pandemic, slowing economy and recent bank crisis had on your investments?
We organize all of the trending information in your field so you don't have to. Join 49,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content