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FCA sets out plans to make Big Tech a priority and provides update on its approach to AI

Data Protection Report

The speech also covered the FCA’s response to the Government’s White Paper on Artificial Intelligence ( AI ), which was also published in parallel with the speech. Work with Big Tech firms to examine whether their data from their data from their core digital activities would be valuable in certain retail financial markets.

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The Cost of Doing Nothing

ForAllSecure

GDPR is a prominent example. During 2013’s peak holiday shopping months, popular retailer Target was breached -- 40 million customer credit card accounts, and up to 110 million sets of personal information such as email addresses and phone numbers were stolen. Thus far, the breach has cost the retailer $61 million.

Retail 52
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The Cost of Doing Nothing

ForAllSecure

GDPR is a prominent example. During 2013’s peak holiday shopping months, popular retailer Target was breached -- 40 million customer credit card accounts, and up to 110 million sets of personal information such as email addresses and phone numbers were stolen. Thus far, the breach has cost the retailer $61 million.

Retail 52
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What is a Customer API?

Reltio

For example, APIs allow you to build new experiences that enable your customers to order online and do curbside pick up. For example, where will the phone number come from if Twilio is used to send an SMS text a message that the customer’s order is ready for curbside pickup? . They also enable apps to interact with each other.

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Open the Gates for Next-Gen Loyalty

Reltio

Especially for CPG, retail, or hospitality business. Delivering omni-channel, consistent, and delightful customer experience is critical in retail, and it can be leveraged further for successful loyalty programs.” “I’ll give you a real example. In the modern connected age, customer expectations have changed.

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Regulatory Update: NAIC Summer 2020 National Meeting

Data Matters

The Annuity Suitability Working Group (ASWG) led the NAIC’s multi-year efforts to develop revisions to the Suitability in Annuity Transactions Model Regulation (SAT) to incorporate a requirement for producers to act in the “best interest” of a retail customer when making a recommendation of an annuity.

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Darwin’s advice to the energy sector: get agile!

CGI

In fact, in the last few years it has caused massive disruption in the telecom, retail and banking sectors. At the other end of the spectrum are companies like Uber and Airbnb, frequently cited as textbook examples of how successful digital transformation can be achieved. . Also the role of energy suppliers is likely to change.