Contextual Solutions Blog
This page is dedicated to our original and curated content about FinTech, digital banking, LegalTech, and innovation.

The Importance of Compliance and Regulatory Reporting in the EU: A Strategic Positioning for Long-Term Success
EU compliance & regulatory reporting are strategic musts for long-term business success. Discover the importance of whistleblowing and proactive compliance.

The Fall of Wirecard: A Defining Moment for Germany's Fintech Landscape
Wirecard scandal: Explore one of Europe's biggest corporate fraud cases. Learn how the payment giant's deception went unnoticed, leading to its collapse.

Learnings From the World Economic Forum’s Annual Report (2023-2024)
WEF Annual Report 2023-24: Explore global cooperation, sustainability, and tech advancements. Discover key takeaways from the World Economic Forum's report.

PAKCon Berlin 2024 Impressions
Discover key insights from the sales & marketing track at Project A's PAKCon 2024 in Berlin. Learn strategies for limited resources and GTM success.

How can the European Venture Capital Industry Catch Up with the US? IMF Report Summary
The IMF highlights the stark contrast between EU and US venture capital. Learn about the barriers hindering European startups and how to bridge the gap.

Digital Transformation and Customer Vulnerability Goes Hand in Hand: How FinTechs and Digital Banks Can Safeguard Their Senior Users?
Explore how FinTechs and digital banks can address the unique needs of vulnerable senior customers in the age of digital transformation.

Fast-Track to Start-up Success: Exploring the Global Fast Track Program 2024 in Hong Kong
Looking to expand your FinTech startup into Asia? The Global Fast Track Program offers unparalleled access to investors, clients, and mentorship in Hong Kong.

Top AI Books to Read to Master Artificial Intelligence (AI): Recommendations for AI Beginners to Advanced Experts
Check our curated list of AI books for beginners and advanced experts, with recommendations from various sources. Master artificial intelligence today!

UK's New Strategic Fintech Plan: A Comprehensive Vision for the Future of Fintech
The UK's ambitious Fintech plan focuses on smart data, security, and tech leadership, driving innovation and growth in the financial services sector.

Why *Must* Banks and Financial Service Providers Invest in Artificial Intelligence?
Discover why AI investment is essential for banks and financial services. Enhance efficiency, improve customer experience, and stay competitive with AI tools.

How Can SMEs and Start-ups Find New Customers Using Content?
Discover how SMEs and start-ups can leverage content marketing to attract new customers, enhance visibility, and drive growth.

Open-Source vs. Closed Source-AI: An In-Depth Comparison and Implications from the EU AI Act
Recently, the debate between open source and closed source artificial intelligence approaches has intensified. This clash underscores the high stakes and divergent philosophies at play, as both paradigms vie for dominance. Learn more via our blog, which delves into expert opinions and stakeholder insights, comparing the two approaches as well as exploring the implications of the EU AI Act on the future of AI development and open or closed source models.

Fintech Germany Award Applications – Long List Announced
Since its inception in 2016, the FinTech Germany Award (FTGA) has honored the most pioneering start-ups and scale-ups in the finance sector. The nominations started in May and will end on June 13th, 2024. Read our blog post to learn more about applying for the FTGA and therefore leaving your mark in the German fintech market!

Exploring the Future of Payments: Key Trends and Innovations in 2024
The payments landscape is steadily evolving – being constantly shaped by factors such as consumer choice and industry-wide developments. How will it shape in 2024? What are the trends? The "Global Overview of Payment Providers 2024" report by the Paypers offers an insightful exploration into the dynamic shifts and strategic innovations defining the payment industry today. Check out our article to access the report summary we prepared for you.

Banking Loyalty in Germany: Understanding the Devoted Customer Behaviors
This article examines why, despite the availability of various financial institutions from traditional banks to neobanks, German customers exhibit strong loyalty to their primary banks. As established by the recent Yougov research, factors such as trust, perceived effort of switching, and a conservative financial attitude contribute to this phenomenon, highlighting a cultural preference for stability over change in Germany's banking sector. Curious to learn more? Read now.

Embracing Generative AI in the Payments Industry
A new report by Visa Consulting and Analytics (VCA) explores the impact of generative AI on the payments industry, outlining payment- specific opportunities to help financial institutions acquire more customers, drive customer engagement, and improve the customer experience for optimal growth. Read our summary to learn more.

Corporate Leadership: How To Grow Into a Leadership Role?
In the third episode of "Bitesized Expertise" by Contextual Solutions, Anne Leslie, a seasoned leader from IBM, delves deep into the essence of leadership. Anne's insights on leadership emphasize that true leaders are recognized not just by their titles or authority but by their ability to inspire and motivate others willingly. Read the article to learn more about corporate leadership and purposeful careers.

Responsible AI in Financial Markets: CFTC Report Summary
A new report dated May 2nd, prepared by the Commodity Futures Trading Commission (CFTC) explores the question of responsible artificial intelligence in the context of finance in more depth. It examines definitions and frameworks for responsible AI use, current regulatory environments, and the potential applications and implications of AI within CFTC-regulated entities. How can regulators ensure responsible AI in the financial sector? Read our summary to find out about the five-step responsible AI plan.

How to Open Doors with Lobbying as a Fintech Company?
Lobbying, an activity often shrouded in misunderstanding and misinterpretation, is how individuals, groups, or organizations attempt to influence the decision-making processes of government officials and regulatory bodies. Lobbying can save tech companies active in regulated sectors, such as Fintech or Healthtech, from future costs, bureaucracy, and legal hassles. How can tech companies utilize the power of lobbying? Find out!

Artificial Intelligence and the Future of Work - IMF Report Summary
Explore key insights from the IMF's Gen-AI report dated January 2024 on how artificial intelligence is reshaping global labor markets. Uncover the potential of AI to boost productivity, the dual nature of job displacement, and income inequality across advanced, emerging markets, and developing economies. Learn about the necessary preparedness and policy considerations to harness AI's benefits effectively and mitigate its challenges.
Want to say hello or find out more? Contact us.
info@contextuals.de
www.contextualsolutions.de
Contextual Solutions
Berlin, Germany