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The coworking space will also host debates, workshops, and pitch days. Currently, lab activities focus on the adoption of cutting-edge technologies in fields such as the metaverse, mixed reality, decentralized finance, and AI. These include fintech, digital banking, and sustainable-finance technologies.
Global Finance ’s sixth annual list of the world’s best innovation labs highlights the power of collaboration. Innovations have focused on supply chain financing for SMEs, AI-powered document verification and authentication, digital onboarding, and blockchain and its application to KYC compliance.
Zero data analytics activity Action: Internal audit functions that have not embarked on the data analytics journey yet need to get moving post-haste. For example, begin experimenting with a core finance dataset using Microsoft Power Query in Excel to analyse and test the full data population.
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