The Wolfsburg Group and the OECD both say in recent documents that Critical Thinking is important. Welcome: I've been applying that in consultancy, systems design and training for more than 30 years. Shame it took you so long to work it out.

I have written a paper called

"Critical Thinking is the mother of invention and the saviour of societies."

I don't think I'm being over-dramatic. Many of today's ills can be laid at the door of those who have designed it out of modern education systems. But in financial crime risk, i's a core skill.

Just because you give it a fancy name doesn't mean it isn't a cartel.

18 months ago, Intel (well known for its obscenely close relationship with Microsoft) and AMD (oh, hang on, it was a threesome) created something. They called it "x86 Ecosystem Advisory Group" .

There is a military concept called the observation-orientation-decision-action (OODA) loop. John Boyd developed it studying fighter pilot decision-making in the Korean War: whoever can cycle through that loop faster controls the engagement. The insight was that speed of cognition is as decisive as speed of aircraft.

Something similar is now being applied at civilizational scale. The targets are not fighter pilots. They are voters, consumers, employees, and citizens, says Jennifer Ewbank.

Financial Crime Professionals Lie For A Living

Not to regulators.

Not to law enforcement.

To clients.

The TV series "Hudson and Rex" is Canadian series based on the concept in an Austrian-Italian coproduction called Kommissar Rex, which incidentally, is well worth a watch. The point is that those behind the series have a history of looking for influences, as do so many.

In series 8, episode 8, there is one aspect that resonates with a crime that fascinated the financial world but which has since received little attention. And yet, one of the most important aspects of that crime pops up with in the series with some fascinating common features.

Santander did not get fined because it failed to digitise. It got fined because it digitised faster than it learnt how to govern, says Dr. Ainesh Kumar.

Don't you just hate it when a software program that some nit thinks is intelligent decides your carefully crafted expression is wrong.

Major banks are about to cut 200,000 jobs. But the real reason is not AI* as they claim. And it's not a financial crisis either.

It's because banks are replacing the internal systems designed to slow risk down, says Chiara Gallese, Ph.D
 

Good Media should create participants not spectators.

If the internet is full of slop, newspapers, be they in print or online, should be the antidote, says Saurabh Malik in this post . Mr Malik is the Deputy Legal Editor at The Tribune.

As a publisher, I don't disagree. Well, not entirely.