PPP was created in response to COVID-19, and has been successful despite some confusion and frustration among the many businesses applying for loans. To better understand the program and how banks can successfully service businesses who’ve applied, we sat down with Jack Leach, commercial banking practice leader at Cognizant.

Businesses around the world are falling victim to the significant impact that COVID-19 has generated and are now feeling the consequences it is set to leave in its wake. The financial services sector is no different.

Bret Greenstein, SVP and Global Head of AI & Analytics at Cognizant, talks artificial intelligence with Infinia ML’s James Kotecki.

The overarching agenda for organisations to achieve success is highly susceptible to change. Decades’ worth of IT innovation has led to continually shifting priorities for organisations, and cost-optimisation or speed can no longer be the sole focus for companies.

As the industry awaits a decision from the ESMA on a possible further delay to the CSDR settlement discipline regime, Daniel Carpenter, head of regulation at Meritsoft, a Cognizant company, explained that market participants need to be prepared for the significant impact of the new rules when they do come into force.