There is ample fear for implementing robotic processes to existing enterprise systems, even though it is one of the most popular service enablers today. However, Robotic Process Automation (RPA) has the potential to be more secure than humans due to its compliance to security and regulations bound in its code. With that said, it is not easy to implement RPA well. Deloitte has the knoweldge and expertise to assist in developing a common ground between RPA vendors and the IT sector of any enterprise.
The Impact of Regulation on Fintech with Gary Gensler at the MIT Fintech Conference
There is a buzz in the industry that about 2000 ICO's have been out, collectively raising roughly $6B USD (+ growing), however, 46% of them have failed by this time. Why is that? Primarily a result of non-compliance with regulatory bodies in the current jurisdiction and beyond. Too many companies are quick to assume the role of a trail blazer and hope that their business will be the unique business that will adjust regulations. However, the secret to sustainable growth and long term success, is to comply and work with regulatory bodies to help them understand your business, the nuances, and how certain regulations can be used to apply / comply with your business in a manner that will be successful for all stakeholders involved.
Entrepreneurship in Fintech with Kevin O'Leary at the MIT Fintech Conference
Kevin O'Leary brought forth an example of a company by the name of Wicked Good Cupcakes to help the audience understand investment in the new era and the secret sauce entrepreneurs must concoct to be successful.