What is Decentralized Finance? Decentralized finance, also known as DeFi, is a collective term for companies and technologies that conduct financial exchanges and transactions using the same technology that underpins cryptocurrency networks. Decentralized finance provides financial services with no centralized source of authority, but instead, rely on peer-to-peer digital transactions and exchanges. The central tenet…
What is ERC-20? ERC-20 stands for Ethereum Request for Comment Number 20. ERC-20 refers to a specific type of fungible digital token built on the Ethereum blockchain. The top five varieties of ERC-20 tokens are LINK, AAVE, BNB, USDT, and UNI tokens. ERC-20 tokens comply with specific rules and guidelines, making them compatible with a…
What are Decentralized Applications? Decentralized applications, known as dApps, are software applications built on blockchain technology. Unlike traditional applications that are controlled by a central authority, dApps operate on a decentralized network, where data and transactions are distributed across multiple nodes. dApps leverage the security, transparency, and immutability of blockchain to provide organizations with increased…
Canada’s Regulatory Landscape In Canada, existing federal and provincial laws cover a broad range of ESG related topics. For example, there are various “hard” (mandatory) laws regarding the environment, occupational health, and employee safety. These laws are clearly ESG in nature as they set requirements for reporting corporate performance on key environmental and social issues. …
What’s Wrong with Corporate Training in Financial Services? It’s tempting to throw out an eye-catching headline like: training in financial services is broken! (But I’m not a click-bait kind of guy…) Training isn’t broken—but it could certainly use a rethinking. Interest in our CFI for Teams offering has exploded lately, and I have the privilege…
InsurTech, short for “insurance technology,” refers to the use of innovative technologies, such as artificial intelligence, big data analytics, blockchain, and machine learning, to improve and automate the traditional insurance industry. InsurTech companies aim to enhance customer experience, streamline operations, and create personalized insurance products through the application of cutting-edge digital solutions. The Importance of…
Microsoft Excel is an indispensable tool for financial modeling, data analysis, and effective decision-making. It provides the foundation for countless professional tasks and is widely used across business, finance, and data analysis fields, helping you work smarter and faster. This comprehensive guide delivers practical techniques to help you build your Excel knowledge. You’ll receive step-by-step…
What is the Johari Window? Have you ever been part of a team whose team members were all open and honest with each other? If so, then chances are that you worked extremely effectively together. You and your colleagues likely knew everyone’s strengths and weaknesses and enjoyed high levels of trust. Such a positive working…
L&D at CFI As an online training provider for finance and banking professionals, we know the critical role that learning and development (L&D) plays in attracting and retaining top talent. Our business customers use CFI’s courses, resources, and programming to provide skill development and career progression opportunities to their employees while increasing engagement, productivity, and…
The explosion of cryptocurrencies and exchanges represents the biggest potential disruption to traditional finance and banking in recent memory. In response, corporations are trying to figure out how the core tenets of these digital currencies—decentralization, faster transactions, greater transparency, new investment opportunities and regulatory challenges—will impact their daily operations and future evolution. Held as a…
