New Frontiers In Finance
summary
Cloud is a must for digital transformation because it brings fast release cycles, built-in AI and big‑data tools and enables handling massive data volumes, but Europe relies on three US cloud providers so US laws (Patriot Act/Cloud Act) can give agencies access to customer data despite GDPR, risking fines up to 4% of global turnover or €20 billion. Regulatory outsourcing rules treat cloud like legacy outsourcing and hinder adoption. A concrete result: a pay‑per‑use machine loan is built and sells—pricing linked to machine usage and risk works.
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chapters (5)
- 0:00Start
- 0:18Keynote
- 2:10Why Exactly Are Cloud Solutions a Key Driver on Becoming a Digital Enterprise
- 6:39Conclusion
- 24:46What Can We Learn from Fintax from Startups
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