Gaurav Sharma (guest)

Gaurav Sharma has been working as an independent financial and business consultant and strategist for the past three years. He works with fintech startups, wealth management firms, international banks, consulting companies and multi strategy investment funds. Gaurav assists his clients with financial strategy and investment analysis, drawing on his experience of managing a diverse array of Fortune Global 500 clients from across the globe. He also loves to write about innovations and cyber-security in financial technology and banking. Gaurav has six years of international banking experience (Standard Chartered Bank and Citi). He has covered the entire gamut of banking products with experience in corporate finance, trade finance, derivatives, risk management and so on. Gaurav is a Certified Financial Risk Manager and a CFA Level III candidate. He holds an Engineering Degree in Computer Science and an MBA from the Indian Institute of Management in Kozhikode.

eIDAS and the eSignature Standards Driving Digitization in the EU

The world is slowly but surely moving away from its centuries-old obsession with paper. With the very real threat of man-made climate change, it is a welcome sign that the world is moving towards electronic means for recording and communicating information which is reducing the pressure on our forests. In addition to the trees saved, this also reduces the carbon impact of having to physically ship those documents around – usually via the least carbon-efficient modes like airplanes.

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eIDAS: Qualified Electronic Seals for the Internet of Everything

When it comes to digital certificates and signatures, the most obvious applications that pop into our heads are surrounding financial transactions or other such services where formal and legally binding contracts have to be signed. However, the benefits that qualified electronic signatures/ seals provide under EU law are not at all restricted to only such digital service providers. Today, we explore a significantly different environment, but one that faces the same challenges regarding security and trust.

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eIDAS: Qualified Electronic Signatures – Just what the Bankers ordered

The broader financial services industry – including banks, credit card companies, FinTech service providers, tech companies offering digital wallets etc – are today at the frontlines in the fight against cybercrime. Because these companies are involved in moving large sums of money around each day, they become obvious targets for criminal elements.

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eIDAS – Proving a Competitive Advantage to Banks (Part 2 of 2)


In Part 1 of this series, we looked at how the competitive landscape for the financial services industry is shaping out in 2019. Digital challengers are encroaching upon business services that banks traditionally had a monopoly in. However, by making the most of the tools that regulators and governments are providing them, banks can turn threats into opportunities.

We look at how banks can take their prospecting efforts to the next level, benefit from the omni-channel revolution and really leverage their local security standards to make themselves more appealing internationally. We continue that conversation here in Part 2.

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eIDAS – Proving a Competitive Advantage to Banks (Part 1 of 2)

The financial services industry is no stranger to intense scrutiny as well as extreme competition. These two forces have shaped banks over the course of the last several decades, especially since FinTech start-ups and established BigTech firms have started encroaching upon traditional banking territory. This is why banks are always looking for tools and processes that can help them satisfy all stakeholders – especially the customers and regulators.

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How eIDAS is Levelling the Playing Field for Small Businesses

SME’s are the backbone of any economy. They provide jobs to a much broader cross section of society and strengthen the economic foundation of nations. The EU has numerous regulations in place to help SME’s grow and prosper and uplift the local communities that they operate in as well. However, no matter how friendly the regulations may be, the biggest challenge for SME’s remains their small size. They just don’t have the resources, the manpower or the capital to compete head to head with their larger counterparts.

But is it possible to level this playing field a bit? Can we change some things up that can reduce transactional costs to a non-prohibitive level for SMEs? Let’s take a look at just how the eIDAS regulation can help level the playing field by alleviating, at least partially, some of the main SME pain points.

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International Trade – Building Trust with eIDAS (Part 2 of 2)

We looked at how eIDAS has the potential to enhance trust and thus reduce costs when it comes to international trade transactions in our previous article. This article continues on a similar theme, exploring the role that something like eIDAS can play in the digitalization of global trade, and also in the trade of digital goods.

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International Trade – Building Trust with eIDAS (Part 1 of 2)

International trade is based on the concept of trust. In situations where there isn’t some established trust, the trading parties get their respective banks involved and use various trade finance products like Letters of Credit to ensure that both sides adhere to the terms of the trade as laid out in the contract. It is this trust that fuels global trade and countries where it can be strengthened, generally tend to become the preferred trading partners over time. It is this focus on trust in international trade that brings us to the topic of this two-part series. This article focuses on how eIDAS can help establish trust between trading partners not just across the EU but around the world.

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5 ways eIDAS is Boosting the Digitization of Trade

Retail banking has been unrecognizably transformed by digitization. Everything from payments to basic credit products can now be availed digitally. However, when it comes to corporate or business banking, the pace has just not been the same. One good example of this is the process of trade which includes both vanilla open account transactions and trades secured via documentary credit products.

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