Biometrics: assessing the opportunities and risks as regulations loom

Biometric technology can enhance fraud and anti-money laundering processes, but can carry big risks. As it becomes more widespread, financial firms and tech vendors must develop the security and governance frameworks to realize its potential – before regulators force them to.

Biometrics

Biometric ID solutions, increasingly seen as

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Insuring the weather: modeling the complexities of climate change

Extreme weather makes forecasting and quantifying insurance losses harder, and ‘cat’ models struggle to predict events more extreme than those in the past. As regulators demand more action, dynamic ‘earth system’ models offer a better way to anticipate more climate-change risks.

Why more is not always better in the world of credit

Advanced analytics and AI promise revolutions everywhere, but real-world constraints abound. This is notably true in the world of credit scoring, which needs to be understandable, is often slow to give out real-world results, and can be muddied by the addition of unnecessary factors.

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