Enabling Technologies

How Cognitive, RegTech & Blockchain Are Transforming Financial Services

MEDICIGlobal Head of Content

Vivek Bajaj, Global Vice President – Watson Financial Services Solutions, Member Industry Academy at IBM, explains why existing financial institutions have the ability to use existing data on clients to differentiate themselves, leading to the concept of contextual understanding.

“In (the) old days, content used to be the king. Today, it’s all about context,” says Bajaj. “It’s all about being able to engage clients in a meaningful fashion, serve them, and protect them.”

Bajaj touches upon the role of machines and humans in the decision-making process, putting human intelligence at the center with machines allowing people to make better decisions. He goes on to explore the most interesting areas of development in the financial services industry, which include client insight and engagement, regulatory compliance (efficiency improvement, KYC, AML, surveillance), and payments.

Elena Mesropyan

MEDICIGlobal Head of Content

Elena is a research professional with a background in social sciences and extensive experience in consumer behavior studies and marketing analytics. She is passionate about technologies enabling financial inclusion for underprivileged and vulnerable groups of the population around the world. Elena has been recognized as one of the Top 100 Women in FinTech 2018. Prior, she has been ranked in the Women in FinTech Powerlist 2017.