It would seem that the financial industry is waking up to the huge potential offered by artificial intelligence (AI) and machine learning (ML). So much so that a Bank of England (BoE) and Financial Conduct Authority (FCA) survey revealed that over two-thirds of organisations within financial services already have live ML applications, with this level of usage due to double in the next three years.
Do you remember the time of the smoking room at work? Long after the days where smoking at your desk was acceptable, organisations were nevertheless obliged to offer somewhere for their smoker employees to go for their unappealingly named ‘fag breaks’.
We speak with Dirk Kahl - the Chief Financial Officer of Lidl Great Britain. Currently based at their Head Office in Wimbledon, Dirk joined the Lidl Group as Global Finance and Accounting Director in 2008 and was subsequently appointed as Board Executive for Finance, Accounting and Tax for the German operation before joining the Lidl GB Board of Directors in 2014. In his current role, Dirk is responsible for the Financial and Administrative operation of Lidl GB, which has over 25,000 employees in Great Britain. He is currently a non-executive Member of the Board and the Chair of the Audit and Risk Committee of Kingston University in London. We caught up with him to hear about his role as Lidl GB’s CFO, as well as his tips for fledging CFOs.
When COVID-19 was confirmed as a pandemic back in March 2020, the World Health Organisation (WHO) encouraged people to not use cash. Since then, touch-free payments for shopping in-store have become a necessity for all consumers. However, as we see more stores reopen and people become more confident about shopping in-store, payments via PIN touchpads have started to return. As we find ourselves in the ‘new normal’, the global payments industry must now consider how to protect consumers from the pandemic and potential future health crises during the transaction process.
Finance Monthly had the privilege to hear from father and daughter Robert J. Poulson and Jill Ann Poulson – partners in Poulson Law Offices. Robert, who’s spent most of his career as a commercial litigator specialising in the financial services sector, has represented some of the largest financial institutions in the world. Much of his work was done for liquidations and he has represented many bankruptcy trustees, debtors-in-possession, SIPC trustees and voluntary liquidations. Jill Ann is a transactional lawyer with heavy experience in mergers and acquisitions for major domestic and international corporations. She has recently expanded her work into asset recovery since mergers, acquisitions and other business restructuring often results in financial assets being lost or unintentionally abandoned.
In his first article for Finance Monthly, Rodney Peyton OBE MD covered the 5 fundamental strategies for the development and maintenance of passive income streams.
Finance Monthly speaks with Mike Coy, RFC, CPBA - a Senior Benefits Consultant with Aflac & Stryde Solutions, LLC / GMG business strategies. Splitting time between Austin, TX & Colorado Springs, CO, Mike has been in the insurance industry for over 40 years. In addition to his work in the insurance industry, Mike is also a winning baseball player and coach; a much sought after public speaker; and the author of three books –Incredible Business, I Chose… LIVE, where he recounts his battle with cancer, and his newest book A Random Act of Kindness. Mike beat cancer in 2013 and seven years later, he continues the fight for others through raising awareness, charity concert fundraising opportunities and speaking engagements.
Mark Oliphant, Head of Communications at The International Stock Exchange Group, takes a closer look at how stock exchanges can help companies navigate through COVID-19 and beyond.
The digital trends and the companies that might be the right stocks to not only survive but actually improve through the current pandemic and business environment.
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