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Please select an industry that interests you. This could be an industry that you would like to work in or advance in. In the interest of relevance, you will be writing about this industry during the semester.
To start, please research a recent trend that is occurring in your industry. Write a 150-word analysis of the trend. Take care to attribute any sources that you used during your research. Please submit your analysis via the link in the Assignment section.
Some questions to consider as you are writing your analysis are:
How does this trend affect my industry?
What is my industry doing to address this trend?
Why should we be concerned about this trend (or why not)?
How Technology affects a financial institution
Please clarify the focus of this paragraph. Technology has continuously shaped financial practices all over the world please consider using more specific language. The entry of technology has paused please explain several challenges to digital monetisation please explain. please clarify the connection between these two sentences Hackers have become more sophisticated and have developed new ways that can harm an organisations possessive financial system.
Why should we be concerned about this trend?
The hackers can easily hack important information about customers, and this could lead to potential theft of customerâs do you mean singular or plural? money and negative impact on the reputation financial institution please clarify this sentence. Financial institutions are therefore required to provide a guarantee to customers that both their money and information will be protected.
How to address this trend
Please clarify the focus of this paragraph. The entry of block chain please look this up audience awareness — please explain has become integral to the success of any financial provider please explain why you believe this is true. Companies and financial providers please be more specific are finding better ways in which they can utilise this technology (Bias,2019) how are they doing this?. Block chain makes it possible for a financial provider to monitor the activities of all the users in the financial system.
References
Biais, B., Bisiere, C., Bouvard, M., & Casamatta, C. (2019). The blockchain folk theorem. The Review of Financial Studies, 32(5), 1662-1715.
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