October 18, 2021

Simply Keeping Your Head Above Water is Not Enough: Why Artificial Intelligence is a Game-Changer for Banks Worldwide

Faced with a fast-paced and increasingly competitive business environment, well-established companies who have enjoyed prolonged periods as market leaders need to adapt to new innovations. Today, data and technology are driving business transformation in every sector around the globe. Neglecting the innovative power of technologies such as Artificial Intelligence (AI), Machine Learning (ML) and big data analytics will...

September 16, 2021

The Time is Now: Embracing Big Data for Banks One Use Case at a Time

In today’s world, big data allows banks to reach new levels of innovation. Applying big data analytics to high-quality datasets guarantees the value and relevance of products clients are searching for. Nevertheless, numerous banks have yet to take full advantage of the potential offered by big data technologies such as Artificial Intelligence (AI) and Machine Learning (ML). Not seizing the opportunity of AI-enhanced...

September 14, 2021

Six Trends Shaping Data Science

Over 2.5 quintillion bytes of data are generated every day . Yep, that’s quintillion with a Q. Data is created by every click, swipe, share, search, and stream. Consider, every minute of 2020, somewhere in the world: Facebook users uploaded 147,000 photos and shared 150,000 messages Reddit saw more than 479,000 people engage with content Instagram users posted over 347,000 stories or clicked on business...

August 10, 2021

The Decade of Artificial Intelligence has already started: What can we expect?

Artificial Intelligence (AI) is set to become an absolute game changer for the global economy. A recent PwC report demonstrates just how much potential bear in the next nine years. The predicted massive growth of AI technologies also holds crucial lessons for every company involved in PR, marketing, and sales today. Here are the key takeaways: AI Puts Productivity on the Fast Lane Technology that uses AI has skyrocketed...

July 13, 2021

US Federal Prosecutors Show Red Card to Swiss Bank Julius Baer over FIFA Money Laundering Scandal

With both the UEFA EURO 2020 and the CONMEBOL Copa América 2021 tournaments just ended, soccer is once again at the center of attention for millions of fans around the world. Unsurprisingly, international soccer has developed into a substantial business in recent decades. Companies around the world seek to strike deals with the bodies organizing tournaments and television companies over sponsorship and advertising...

July 01, 2021

Analyzing Traditional Media Coverage Shows Food Delivery Services Were Piping Hot During the Pandemic

In May 2021, the Business of Apps reported on food delivery app revenue and usage, noting that “COVID-19 has propelled the industry a few years into the future, as millions of people in lockdown ordered food online for the first time.” Not surprisingly, the report also cited soaring revenue for these brands—from $22B in 2019 to $26.5B in 2020. The accelerating popularity of the big three in the US—DoorDash...

June 17, 2021

Why Monitoring for Reputation Risk Needs to Be a Central Focus of Your Company's Risk Mitigation Strategy

Are you managing reputational risk as effectively as you should? Every year, the Axios Harris Poll 100 surveys 40,000+ Americans on companies on consumers’ radar—for good or for bad. Then, the Top 100 companies on the list are ranked across seven key dimensions of reputation. Analysis of the rankings shows a worrying trend: Corporate reputations are taking bigger hits from adverse events. Global Finance points...

June 11, 2021

Taking AI Projects to New Heights: 7 Kinds of Key Performance Indicators to Track & How Enhanced Data Can Help

According to the NewVantage Big Data and AI Executive Survey 2020, 98.8% of surveyed companies are investing in big data and AI initiatives. The good news? Nearly 70% say they're achieving measurable value from their efforts—up from less than 50% three years ago. However, the study notes that the “precise nature of these results has been less explored.” So, how do you measure value when it comes...

June 08, 2021

How to Use Patent Datasets for More Accurate IP Portfolio Evaluations

Disruptive technologies—from cryptocurrencies and medical breakthroughs to electric vehicles and artificial intelligence—are reshaping every layer of the global economy. A flurry of patenting activity takes place every single day, and any business hoping to achieve and maintain an advantage in its respective industry needs an in-depth understanding of this activity and its implications. That’s where...

June 02, 2021

Predicting Innovation: High Volumes of Patent Filings Show the Challenge & Opportunity of Patent Data

Millions of patents were filed across the world in 2020, according to recent publications from global patent offices. Patents have high predictive power and are used by data scientists and investment firms to carry out key functions like portfolio analysis, research and development, and competitive intelligence. But the sheer number of filings last year and in the first quarter of 2021 shows how difficult it is for these...

May 24, 2021

Data Will Create "More and More Value" But Risks Damaging Trust, Says World Bank Report

The World Bank’s World Development Report is among the most authoritative sources on the development of low- and middle-income countries, and this year’s edition is focused on the impact of data. It finds that big data has the potential to benefit humanity and reduce global inequality, but if it is not used ethically it could severely undermine trust. The “Data for Better Lives” report also makes...

May 24, 2021

Red Carpet Ready: Find Out Why These 3 Research Platforms from Nexis Solutions Earned Finalist Spots in the 2021 SIIA CODiE Awards

It’s been 35 years since the Software & Information Industry Association (SIIA) first began awarding the peer recognized SIIA CODiE Awards to “the most exciting and transformative products” in business and education technologies. In announcing the results, SIIA President Jeff Joseph said, “The 2021 CODiE Award finalists continued to innovate, pivot and grow to develop truly remarkable products...

May 03, 2021

The era of Intelligent Automation: a quarter of your company’s tasks could be automated in only two years, including risk management.

A quarter of a company’s tasks could be automated by 2023, according to the research and advisory firm Gartner . Intelligent Automation technologies are increasingly being adopted by companies in all sectors because they can analyze large volumes of data to make due diligence and risk management processes more efficient and effective, and identify strategic opportunities. Our new white paper explains what Intelligent...

April 29, 2021

Optimize Anti-Bribery & Corruption Compliance with These 9 Crucial Steps for Effective Third Party Due Diligence

When the FCPA Blog looked back at the enforcement actions during 2020, it noted, “In some cases, the agencies reinforced long-standing expectations, and severely punished companies that strayed from them—something old. In other cases, the agencies used enforcement actions to stake out new compliance requirements, causing entire industries to reevaluate their existing anti-corruption programs—something...

April 23, 2021

Sanctions Surveillance: Due Diligence & 9 Other Crucial Steps to Help Prevent Costly Sanctions Breaches

The first quarter of 2021 isn’t even on the books, yet the Office of Foreign Assets Control (OFAC) has already announced three settlements totalling $10,095,875 for apparent sanctions violations. During a speech in early March, OFAC Director Andrea Gacki talked about sanction priorities and shared OFAC’s expectations and recommendations for mitigating compliance risk, including the importance of due diligence...

April 22, 2021

Earth Day 2021: Our Planet Makes a Lot of News

There’s no single event more global than Earth Day. Regardless of whatever may divide humanity, there’s one thing that unites each and every one of us: our shared—and only—home. As such, we were inspired to use Nexis ® Newsdesk to identify some serious and lighthearted environmental news generating attention in the lead up to the 51 st Annual Earth Day. One Way to Go Green: Stinky and Sober...

March 31, 2021

Toddling Towards Transparency: Why Visibility into Beneficial Ownership is a Critical Component of Effective Due Diligence

A few years ago, corruption watchdog Global Witness reported that thousands of toddlers were listed as beneficial owners of companies registered in the UK. While imagining a horde of tots dressed in business casual may sound amusing, the use of beneficial ownership to disguise financial crimes is no laughing matter. Beneficial ownership information on the companies or individuals who ultimately own, control or benefit...

March 30, 2021

The Writing on the Wall: New Corporate Transparency Act Makes Beneficial Ownership Due Diligence a Must-Have for Effective Risk Management

Early last year, the U.S. Treasury Department made it clear that 2020 would be spent “increasing transparency and closing gaps” in financial crime regulation . Chief among the priorities are expanding regulatory obligations beyond traditional financial institutions and introducing legislation to address beneficial ownership visibility. Now, the guidance published last year has the legal teeth needed with the...

March 15, 2021

Top Companies Reveal Their AI & Big Data Strategies at European Summit

Executives from major companies came together late last year to discuss how AI and big data are transforming their businesses at the AI & Big Data Expo Europe . More than 150 people took part in the two-day virtual summit, which featured speakers sharing how central AI and big data have become to the strategies and operations of major organizations across virtually all sectors. They included: Alexei Cherenkov...

March 14, 2021

International Pi Day: A Day Where Numbers Rule

In school, we all learned about Pi, the number that sets the ratio between a circle’s diameter and its circumference. It’s a mathematical constant captured in the iconic formula of πR 2 . While the actual number Pi is infinitely long, it’s first three digits, you’ll recall, are 3.14, which is why March 14 has been established as International Pi Day. In our data- and algorithm-driven world...

March 02, 2021

Feeling Bullish About These Financial Services Trends? Here's How Company and Executive Data Can Help.

For the past few years, most trends in the Financial Services industry have focused on digital transformation to meet consumer expectations. As it happens, these efforts paid off in 2020. When the rapid spread of COVID-19 made social distancing measures a must, Financial Services organizations were better positioned than most to shift to touchless, digital customer experiences quickly. But with remote work likely to continue...

March 01, 2021

The Checklist for Effective Communication in a Crisis

Managing strategic communications in the middle of a crisis is one of the most—if not, the most—demanding challenges you can face. But should you ever find yourself in such an unenviable situation, you can take consolation in the fact that there are professionals like yourself who have been in the thick of at least one crisis and came out the other side to tell the tale. And whether your own organization...

February 18, 2021

From COVID-19 and Beyond: 6 Steps to Better Managing Strategic Crisis Communications

It goes without saying that planning and managing your strategic communications is a year-round priority. When your organization finds itself in a crisis, however, it becomes the top priority. Not only do you have a slim margin for error, but the urge to panic can become a bit overwhelming. And especially during the COVID-19 pandemic, it would be nice to know that there are things you can do to better manage a crisis...

February 17, 2021

Which of This Year's Top University Library Trends Will Wield Influence on Virtual Lecture Halls and In-Person Classrooms Alike?

Which of This Year's Top University Library Trends Will Wield Influence on Virtual Lecture Halls and In-Person Classrooms Alike? Misinformation and media literacy. COVID-19 and flattening the curve. Racism and social justice. No organization was untouched by the disruption that 2020 brought, including the more than 5,000 colleges and universities across the country. Unsurprisingly, the biggest university library...

February 15, 2021

Can Tools for Journalists Give You the Resilience Needed to Stay Ahead of Today's (and Tomorrow's) Media Trends?

The words of iconic broadcast journalist Edward R. Murrow sometimes feel prophetic. More than 50 years ago, he noted, “The newest computer can merely compound, at speed, the oldest problem in the relations between human beings, and in the end the communicator will be confronted with the old problem, of what to say and how to say it.” In today’s digital media landscape, that “old problem”...