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   An obvious question is how will innovation in the banking and
   litigation finance sectors evolve together? Litigation funding is
   serving as a de-risking mechanism that doubles as a conduit to
   justice.

   [1]Oonbazul.com recently hosted a discussion titled, “Third Party
   Funding Executive Roundtable: A Perspective for Banks.” The panel
   brought together experts from Hereford Litigation, including Mr. Dakis
   Hagen QC, Mr. Edward Grundy, Managing Partner, Mr. Ben Mays, Managing
   Director, and the Managing Director from Kroll, Mr. Jason Kardachi.
     * According to the panel, banks are exploring litigation finance
       tools for asset recovery. Benefits include risk being absorbed by
       funders who are motivated to see a return on their investment.
     * While funders do not control third party litigation, many in-house
       bank collection operations lack such motivation to innovate.
     * As such, experienced funders have partnered with leading banks to
       engage in litigation finance as a risk mitigation strategy.

   Looking at the international horizon, forecasts suggest that high
   profile cross-border banks will broadly explore litigation finance
   facilities. Similarly, investors will look to leverage sophisticated
   banking relationships that service a new generation of global
   litigation funding business. A symbiotic relationship that stands to
   increase overall bank profitability.
   [2]https://litigationfinancejournal.com/the-future-of-banking-and-litig
   ation-finance/
   --
   Gunnar Larson - [3]xNY.io | [4]Bank.org
   [5]MSc - Digital Currency
   [6]MBA - Entrepreneurship and Innovation (ip)
   G@xNY.io
   +1-646-454-9107
   New York, New York 10001

References

   1. https://oonbazul.com/firm-news/webinar-topical-summary-third-party-funding-executive-roundtable-a-perspective-for-banks
   2. https://litigationfinancejournal.com/the-future-of-banking-and-litigation-finance/
   3. http://www.xNY.io/
   4. http://Bank.org/
   5. https://www.unic.ac.cy/blockchain/msc-digital-currency/?utm_source=Google&utm_medium=Search&utm_campaign=MSc-Digital-Currency-North-America&utm_term=blockchain unic&gclid=Cj0KCQiAyJOBBhDCARIsAJG2h5ctwwMz0MRbVSk-LaYD-GMU5UgDSw7ynxbGr_a7SkaFAZzJc1-pzxEaAi4NEALw_wcB
   6. https://www.unic.ac.cy/business-administration-entrepreneurship-and-innovation-mba-1-5-years-or-3-semesters/