There is a general consensus among bankers as to which challenges posed by the Basel III finalization reforms (commonly referred to as Basel IV) are most acute, with credit risk identified as the biggest challenge, and of the need to use the data generated to make their institutions more efficient and profitable.

What is ISO 20022 & how will it transform payments?

Alongside the rise of Asia, a technology boom and the end of Communism in Central and Eastern Europe, Covid-19 stands as one of the biggest things to have happened globally in the last 50 years. It represents an enormous shift.

It has also been a very fast shift. Unlike the other really big things, Covid-19 has affected almost all of mankind - and in the space of less than four months (as of 26 June 2020).