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World Economic Forum Calls Biometric Technology Transformative for the Future of Banking

by Angela Guess According to a new press release, “SmartMetric, the maker of fingerprint biometric payments and security cards, agrees with the statements coming out of the World Economic Forum listing biometric technology as being as transformative as what the computer itself was for the Banking and Financial Services industry. Show More Summary

The World Social Forum — a.k.a. the ‘anti-Davos’ — just concluded. Here’s what happened.

From Brexit to Bernie Sanders, people and politicians have been wrestling with the idea that the economic and political systems in the West only work for a few. That’s the idea that, 15 years ago, brought together 150,000 global activists in Brazil in a meeting conceived as an antidote to the economic elites’ meetings at […]

The World Economic Forum's Top 10 Emerging Technologies for 2016

I'm a bit behind on my reading. So I just got to the World Economic Forum's Top 10 Emerging Technologies for 2016 list, which was released in June. Nanotech plays a big role in the list with 3 (assuming you...

World Economic Forum releases blockchain report

This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. The newly released report aims to give "a clear view into how financial service functions can be reimagined"Show More Summary

Blockchain — the future heart of finance?

SILICON VALLEY — The World Economic Forum said on Friday that blockchain technology will soon “fundamentally alter” the way banks do business. The Swiss nonprofit foundation believes blockchain — the infrastructure bitcoin was builtShow More Summary

Dumb & Dumber: The Economist vs. The WEF On "Biggest Threats" To The Global Economy

Submitted by Mike Shedlock via MishTalk.com, The Economist and the World Economic Forum (WEF) have “dumb and dumber” competing notions as to what is the gravest threat to the global economy. The WEF says “Social Media Feed” biggest threat...Show More Summary

WEF: These are the technologies that will transform finance over the next few decades

Biometrics, cloud computing, cognitive computing, blockchain technology, machine learning, quantum computing, and robotics are set to transform financial services over the next few decades, according to the World Economic Forum (WEF). WEF...Show More Summary

Bitcoin's blockchain technology just got a big endorsement from the World Economic Forum

Bitcoin may not change the world on its own, but the technology that runs the virtual currency very well could.  That's what the World Economic Forum determined in a report released Friday. The group, best known for its annual meeting in Davos, Switzerland, includes various members of the global financial elite. Show More Summary

Envisioning Bitcoin’s Technology at the Heart of Global Finance

The World Economic Forum predicts that the blockchain concept introduced by the virtual currency could help banks offer cheaper, faster and more secure services.

WEF: Blockchain will become the 'beating heart' of finance

The World Economic Forum (WEF) has concluded that blockchain technology "will fundamentally alter the way financial institutions do business around the world" after a year-long study of the emerging technology. WEF's "Future of Financial...Show More Summary

This map shows what different countries view as the greatest threat to the world

Different cultures span the globe — and with that comes different sentiments about fear. To determine what global fears are, the World Economic Forum conducted a survey in fall 2015 to determine what the threats and risks for the next decade. Show More Summary

The NY REV: Utility Engagement with Low-Income Communities

On July 20th, the World Economic Forum in collaboration with the New York Governor’s office, organized a workshop focused on New York’s Reforming the Energy Vision (REV) initiative. A number of leading energy professionals participated, including representatives from the utility sector, capital markets experts, as well as current and former state utility regulators.

Global Trade Is Not Growing Slowly... It's Not Growing At All!

Submitted by Johannes Fritz and Simon Everett via The World Economic Forum, Falling rates of global trade growth have attracted much comment by analysts and officials, giving rise to a literature on the ‘global trade slowdown’ (Hoekman 2015, Constantinescu et al. Show More Summary

Top 10 Technologies That Bloomed In 2016 – A World Economic Forum Report

It is widely recognized fact that modern technologies are changing every day and thousands of new have been launched in recent years.

Coding And A Rookie Mindset Are Critical Skills For The Fourth Industrial Revolution

A year from now you may wish you had started today. ? Karen Lamb The 2016 annual meeting of the new champions panel, sponsored and hosted by the World Economic Forum recently gathered to discuss emerging technologies - artificial intelligence,...Show More Summary

The NY REV: To Innovate, More R&D Spending By Utilities?

On July 20th, the World Economic Forum in collaboration with the New York Governor’s office, organized a workshop focused on New York’s Reforming the Energy Vision (REV) initiative. A number of leading energy professionals participated, including representatives from the utility sector, capital markets experts, as well as current and former state utility regulators.

The World Economic Forum Wants to Turn China's Smog Into Diamonds

Innovation often plays out in predictable stages. It's like a game where the ecosystem and the other players adapt and interact to the moves and responses of the others. As a result, many innovations evolve (or mutate)... and ultimately...

Stoking Optimism in a Darkening World

(This post was originally published as part of the World Economic Forum's Globalization series.) In aggregate terms, the human race has never had it so good. Life expectancy has risen by more in the past 50 years than in the previous 1,000. Show More Summary

Cross-Border Data Flows, Digital Innovation, and Economic Growth

[Below is an except from chapter 1.2 of the World Economic Forum's Global Information Technology Report 2016, where Robert Pepper, Connie LaSalle and I detail the role of digital flows in global growth and innovation, as well as theShow More Summary

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