Data governance is diverging across largest markets

2021 ◽  
Keyword(s):  
Business Models ◽  
The United States ◽  
Social Value ◽  
Data Governance ◽  
Content Type ◽  
Technology Sector ◽  
Privacy Law ◽  
Data Framework ◽  
The Uk ◽  
Individual Human

Significance The UK survey captures a sentiment now common across many countries that while data-enabled business models, products and services have generated tremendous economic and social value, they have also created new risks for privacy and data monopolies. Three of the largest digital markets -- the United States, Europe and China -- are responding with new frameworks for personal and business data, their responses profoundly influenced by their context. Impacts Concerns about individual human rights will guide the EU’s future revisions to the GDPR. China’s data framework will prioritise national security and the Communist Party’s interests. A US federal privacy law would seek to balance the interests of its technology sector and of online consumers.

scholarly journals Green business models in the construction sector: an analysis of outcomes and benefits

2018 ◽  
Vol 18 (1) ◽  
pp. 20-42 ◽  
Author(s):  
Amal Abuzeinab ◽  
Mohammed Arif ◽  
Mohd. Asim Qadri ◽  
Dennis Kulonda
Keyword(s):  
Environmental Sustainability ◽  
Business Models ◽  
Dominant Role ◽  
Business Case ◽  
Essential Elements ◽  
Construction Sector ◽  
Structured Interviews ◽  
Content Type ◽  
Green Business ◽  
The Uk

Purpose Green business models (GBMs) in the construction sector represent the logic of green value creation and capture. Hence, the call to examine GBMs is growing ever louder. The aim of this paper is to identify benefits of GBMs by adopting five essential elements of the GBM from the literature: green value proposition; target group; key activities; key resources (KR); and financial logic. Design/methodology/approach In all, 19 semi-structured interviews are conducted with construction sector practitioners and academics in the UK. Thematic analysis is used to obtain benefits of GBMs. Further, the interpretive ranking process (IRP) is used to examine which elements of the GBM have a dominant role in providing benefits to construction businesses. Findings The benefits are grouped into three themes: credibility/reputation benefits; financial benefits; and long-term viability benefits. The IRP model shows that the element of KR is the most important when evaluated against these three benefit themes. Practical implications Linking GBM elements and benefits will help companies in the construction sector to analyse the business case of embracing environmental sustainability. Originality/value This research is one of the few empirical academic works investigating the benefits of GBMs in the construction sector. The IRP method is a novel contribution to GBMs and construction research.

The digital traveller: implications for data ethics and data governance in tourism and hospitality

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Anca C. Yallop ◽  
Oana A. Gică ◽  
Ovidiu I. Moisescu ◽  
Monica M. Coroș ◽  
Hugues Séraphin
Keyword(s):  
Big Data ◽  
The Body ◽  
Data Governance ◽  
Privacy And Security ◽  
Content Type ◽  
Data Ethics ◽  
Data Framework ◽  
Social License ◽  
Governance Practices ◽  
Tourism And Hospitality

Purpose Big data and analytics are being increasingly used by tourism and hospitality organisations (THOs) to provide insights and to inform critical business decisions. Particularly in times of crisis and uncertainty data analytics supports THOs to acquire the knowledge needed to ensure business continuity and the rebuild of tourism and hospitality sectors. Despite being recognised as an important source of value creation, big data and digital technologies raise ethical, privacy and security concerns. This paper aims to suggest a framework for ethical data management in tourism and hospitality designed to facilitate and promote effective data governance practices. Design/methodology/approach The paper adopts an organisational and stakeholder perspective through a scoping review of the literature to provide an overview of an under-researched topic and to guide further research in data ethics and data governance. Findings The proposed framework integrates an ethical-based approach which expands beyond mere compliance with privacy and protection laws, to include other critical facets regarding privacy and ethics, an equitable exchange of travellers’ data and THOs ability to demonstrate a social license to operate by building trusting relationships with stakeholders. Originality/value This study represents one of the first studies to consider the development of an ethical data framework for THOs, as a platform for further refinements in future conceptual and empirical research of such data governance frameworks. It contributes to the advancement of the body of knowledge in data ethics and data governance in tourism and hospitality and other industries and it is also beneficial to practitioners, as organisations may use it as a guide in data governance practices.

#MeToo will sustain demands for US corporate diversity

2021 ◽  
Keyword(s):  
Gender Diversity ◽  
The United States ◽  
Workplace Culture ◽  
Content Type ◽  
Technology Sector ◽  
Corporate Diversity ◽  
Race Ethnicity ◽  
And Gender ◽  
Central Pillar ◽  
Ethnicity And Gender

Significance That turned the eleven-year-old MeToo movement into a central pillar of a broader drive in the United States to address gender, race and social inequality. Since then, the technology sector has become a bit more hospitable to women but still has much to do on employment and workplace culture. Impacts COVID-19 has stalled some of the momentum to #MeToo reforms. The tech sector's persistent poor gender diversity potentially hurts industry competitiveness. Few US states have yet extended sexual harassment protections to cover race, ethnicity and gender identity.

Iran is set to become a formidable cyber actor

2017 ◽  
Keyword(s):  
United States ◽  
Saudi Arabia ◽  
United Arab Emirates ◽  
The United States ◽  
Cyber Warfare ◽  
New Wave ◽  
Primary Target ◽  
Content Type ◽  
Technology Sector

Subject Iran's cyber capabilities. Significance Tehran has invested in its technology sector in recent years to become one of the world’s most cyber-capable nations. Though perhaps not on the same level as China and Russia, it is not far behind. Iranian hackers have carried out successful attacks in a number of countries, including Saudi Arabia and the United States. Impacts Saudi Arabia is Iran’s primary target for cyber operations, followed by Saudi supporters such as the United Arab Emirates and Bahrain. Iran will augment its own cyber warfare capabilities through proxies such as the 'Syrian Electronic Army'. US reversals over the nuclear deal may lead Iran to unleash a new wave of cyberattacks against US interests.

Russian foreign intelligence effectiveness will suffer

2015 ◽  
Keyword(s):  
The United States ◽  
Large Network ◽  
Positive Role ◽  
Content Type ◽  
Military Equipment ◽  
Highly Active ◽  
Foreign Intelligence ◽  
Diplomatic Immunity ◽  
The Uk ◽  
Intelligence Service

Subject Russia's Foreign Intelligence Service. Significance President Vladimir Putin said yesterday that according to Russian intelligence, the United States was already supplying military equipment to Ukraine. While the overt conflict in Donbas has raged, behind the scenes the covert struggle between Russia and the West has been intensifying. Russia's Foreign Intelligence Service (SVR) is highly active and currently enjoying a resurgence in its political fortunes. However, it is doubtful whether it is playing an especially positive role in framing Kremlin policy. The SVR is Russia's direct equivalent to the CIA and the UK Secret Intelligence Service, and generally operates out of Russian embassies with most officers working under diplomatic cover. It also operates a large network of so-called 'illegals' who have no diplomatic immunity. Impacts The SVR will continue to seek to expand its operations, especially so long as its resources remain protected. It will concentrate especially on Europe, seeking to foment divisions within and between members of NATO and the EU. SVR will continue to struggle for political traction in Moscow, requiring it to reflect the official line and leap on the latest bandwagon.

China-US driverless tech will transform urban transit

2016 ◽  
Keyword(s):  
Public Transport ◽  
Autonomous Vehicles ◽  
Business Models ◽  
Road Traffic ◽  
The United States ◽  
Harm Minimisation ◽  
Urban Transit ◽  
Content Type ◽  
On Demand ◽  
Transport Services

Significance China and the United States, the world's two largest car markets, are both pursuing leadership in developing autonomous vehicles and the much-touted transformation such transport will bring -- 'social mobility services'. Impacts Governments could save on road traffic infrastructure as a result of self-driving vehicles optimising existing road capacity. On-demand shared transport services will increasingly replace scheduled public transport. Multi-modal medium-distance on-demand public transport will develop, challenging the business models of airlines and railways. Harm-minimisation programming poses ethical and liability issues for driverless vehicle manufacturers, operators and owners.

EU aviation liberalisation aims face challenges

2015 ◽  
Keyword(s):  
Low Cost ◽  
The United States ◽  
Content Type ◽  
Eu Policy ◽  
Consumer Rights ◽  
Airport Capacity ◽  
Industry Consolidation ◽  
Eu Referendum ◽  
The Uk ◽  
New London

Subject The European Commission's new aviation strategy. Significance The European Commission's new aviation strategy, published on December 7, largely reaffirms existing EU policy directions in the sector. These include the wish to address the commercial threat to European airlines represented by Gulf and Asian carriers. The strategy's main innovation is in raising the possibility of allowing more foreign investment in EU airlines. However, this is hedged with qualifications and contingencies. Overall, the Commission's proposals remain undeveloped. Impacts A January 20-21 EU Aviation Summit will provide the first indication of reactions to the strategy and possible next steps. As in telecoms, EU policy faces a tension between supporting consumer rights and choice, and industry consolidation and investment. Airline ownership liberalisation could become a source of conflict with the United States. The implications of 'Brexit' for air travellers, especially on low-cost carriers, are likely to feature in the UK EU referendum campaign. The decision now expected in 2016 on a new London runway will be among the most disputed but significant moves on European airport capacity.

China-US relations move towards economic 'decoupling'

2018 ◽  
Keyword(s):  
United States ◽  
The United States ◽  
Content Type ◽  
Mutual Dependence ◽  
Local Content ◽  
Technology Sector

Subject The implications of China-US relations for the technology sector. Significance China and the United States have recently made efforts to wean themselves off mutual dependence where technology is concerned. More are likely to follow, with substantial ramifications for technology businesses. Impacts Economic 'decoupling' will erode the interdependence that stabilises China-US relations. On both sides, the influence of tech businesses will wane in favour of hawkish voices advocating a harder stance. Businesses can expect increasing regulatory and tariff barriers, and potentially local-content requirements.

EU ePrivacy rules would alter digital business models

2018 ◽  
Keyword(s):  
United States ◽  
Business Models ◽  
Electronic Communication ◽  
The United States ◽  
Digital Economy ◽  
Single Market ◽  
Content Type ◽  
Agenda Setter ◽  
Digital Business Models ◽  
The Eu

Subject EU's ePrivacy proposal. Significance Austria, as president of the Council of the EU for the second half of 2018, has made finalising the Regulation on Privacy and Electronic Communication or ‘ePrivacy Regulation’ (EPR) for the European digital single market a core priority. Impacts Critics argue that the EPR will further undercut the EU’s attractiveness as a digital economy hub compared to the United States and Asia. Advocates counter that, as with the GDPR, the EPR will reinforce the EU’s status as the agenda-setter in regulating the digital economy. Privacy rules and security considerations may collide.

Identifying and reducing the money laundering risks posed by individuals who have been unknowingly recruited as money rules

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ehi Eric Esoimeme
Keyword(s):  
Money Laundering ◽  
Financial Institutions ◽  
Task Force ◽  
The United States ◽  
Close Attention ◽  
Content Type ◽  
Terrorist Financing ◽  
Medium Risk ◽  
Bank Accounts ◽  
The Uk

Purpose This paper aims to help build awareness with financial institutions about the money laundering risks posed by individuals who have been unknowingly recruited as Money Mules and theme assures that financial institution scan adopt to detect illicit funds which are being received into the bank accounts of low risk or medium risk customers who are unknowingly recruited as “Money Mules”. Design/methodology/approach The research took the form of a desk study, which analysed various documents and reports such as a 2019 report on Money Mules by the European Union Agency for Law Enforcement Cooperation (EUROPOL); a 2019 and 2020 report on Money Mules by the Federal Bureau of Investigation (FBI) and the Better Business Bureau (BBB); the Financial Action Task Force Guidance on the Risk Based Approach to Combating Money Laundering and Terrorist Financing (High Level Principles and Procedures) 2007; the Financial Action Task Force Recommendations 2012; the United Kingdom’s Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017; the United States Federal Financial Institutions Examination Council Bank Secrecy Act/Anti-Money Laundering Examination Manual 2014; Transparency International Corruption Perceptions Index 2018; The UK Proceeds of Crime Act 2002 (as amended); the Joint Money Laundering Steering Group JMLSG, Prevention of money laundering/combating terrorist financing: Guidance for the UK financial sector Part I June 2017 (Amended December 2017); the United States Codified Bank Secrecy Act Regulations (31 CFR); the Nigerian Money Laundering Prohibition Act 2011 (as amended); and the Joint Money Laundering Steering Group JMLSG, Prevention of money laundering/combating terrorist financing: Guidance for the UK financial sector Part II: Sectoral Guidance June 2017 (Amended December 2017). Findings This paper determined that financial institutions may be able to prevent proceeds of crime from being laundered by individuals who have been unknowingly recruited as Money Mules if they focus monitoring resources on the emotionally vulnerable customers like newcomers to the country, unemployed people who may have lost their jobs because of a pandemic like COVID-19, students and those in economic hardship; pay very close attention to the country of origin where the funds emanate from; pay very close attention to the country where the funds are being transferred to; and pay close attention to frequent large cash deposits followed by wire transfers. Originality/value While most articles focus on the money laundering risk(s) associated with Money Mules and the measures that individuals can use to ensure that their bank accounts are not used by criminals to launder illicit funds, this paper focuses on the different mechanisms that banks can use to detect illicit funds which are being received into the bank accounts of low risk or medium risk customers who are unknowingly recruited as “Money Mules”. This paper recommends a proportional approach that balances anti-money laundering measures, financial inclusion and human rights. The mechanisms/measures which have been extensively discussed in this paper will help banks to identify, assess and understand their money laundering and terrorist financing risks as it relates to Money Mules and take commensurate measures to mitigate them.

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