Latest news with #DimitarDimitrov
Yahoo
08-07-2025
- Sport
- Yahoo
Grigor Dimitrov: Who are his Family and Parents?
Bulgarian tennis player Grigor Dimitrov is making his way through the ranks at Wimbledon 2025, facing Italian Jannik Sinner on July 7. His athleticism on the court doesn't come from nowhere, judging by the fact that both his parents have athletic backgrounds, as does his older brother, Rumen. Advertisement The 38-year-old triple jumper has competed in two European Championships, two European Indoor Championships, the 2015 World Championships in Beijing, China and the 2016 Summer Olympics in Brazil. His best performance was eighth at the 2016 European Indoor Championships. Grigor's mother Maria Dimitrov is a former volleyball player and physical education teacher. And Grigor, 34, even says some of her teaching skills helped him become the tennis star and person he is today. Grigor Dimitrov (BUL) during his Gentlemen's Singles Third Round match against Sebastian Ofner (AUT) during day six of The Championships Wimbledon 2025 at All England Lawn Tennis and Croquet Club on July 5, 2025 in London, England. (Photo by Rob Newell - CameraSport via Getty Images) Rob Newell - CameraSport/Getty Images He spoke about some of her best advice after the 2024 Miami Open. "My mom always used to say before being a great champion [you need to] be a great person," he said, according to Tennis 365. "This is the thing I have always focused on since I was a kid." Advertisement Dimitrov's father Dimitar Dimitrov is a former tennis coach who began coaching Grigor at a young age and realized his son's skills. Dimitrov also credits his father with instilling strong personal values that helped him through his professional career, according to Sportskeeda. ATP currently ranks Grigor at 21st in the world with a singles record of 473 wins and 301 losses since turning pro in 2008, according to ESPN. He was ranked 3rd in the world in singles by ATP at one point, though, so he could still have some surprises in store at this year's Wimbledon. Sinner, 23, could learn a thing or two from the veteran player considering he turned pro just a few years ago in 2018, but there's a good chance he might also show Grigor who's base since he's ranked 1st in the world by ATP right now, with 282 wins and only 83 losses. Related: Grigor Dimitrov's Famous Girlfriend Turns Heads at Wimbledon & on Instagram Grigor Dimitrov: Who are his Family and Parents? first appeared on Men's Journal on Jul 7, 2025
Forbes
16-06-2025
- Business
- Forbes
4 Challenges Shaping Risk Management In Banking And How To Tackle Them
Dimitar Dimitrov is the founder and Managing Partner at Accedia, a leading European AI & Custom Software Development Company. Gone are the days when CIOs focused solely on infrastructure. As today's CIO, you're expected to drive innovation and shape the direction of the bank in a tech-driven world. A key part of this shift is rethinking how risks are identified, handled and anticipated. As a leader, you must navigate a tough mix of regulations, security threats and growing customer expectations. While some see this as pressure, it can also be a chance to make bold moves, treating challenges as a driver of growth and digital transformation. This article, which should serve as a strategic guide for CIOs, explores how risk management in banking is evolving through AI, automation and alignment between technology and business objectives, helping you respond to today's demands and prepare for those ahead. Risk is no longer confined to a compliance checklist. These four challenges highlight how the landscape is changing and what you can do about it: Regulatory tolerance in the banking sector has narrowed significantly in recent years. With governments stepping up oversight—think of Consumer Financial Protection Act (CFPA)'s Section 1033, for example, or Basel updates—is more demanding than ever. Regulators are placing greater emphasis on broad principles, fairness, transparency and ethical treatment of customers, rather than on following rules. This implies that even technically compliant systems can come under scrutiny if they enable practices perceived as misleading or biased. The most effective way to keep pace is to embed compliance into technology architecture from the start. That means using platforms where rules can be updated through configurable workflows, not hardcoded logic. Tools that support explainable AI, generate full audit trails automatically and manage user activity logs create an accountable environment. Equally important is reducing manual intervention wherever possible. Automating compliance checks, transaction validations and approval workflows minimizes the risk of human error, a growing liability in environments under heavy scrutiny. The result is faster deployment of digital services, fewer blocked releases due to regulatory review and a more flexible response to policy shifts. As digital banking expands, so does the attack surface, turning every new channel or integration point into a potential vulnerability. The stakes are high: 62% of customers lose trust after a breach, and nearly half stop using the bank altogether. To prevent that, you need to incorporate risk considerations well before a new service or feature is rolled out. The earlier you embed controls like identity verification, access management and behavioral monitoring into digital workflows, the lower the risk of exposure once those systems go live. One such example is Standard Chartered. The bank integrated AI models into their name and transaction screening workflows to detect anomalies in real time. Instead of relying on manual post-event reviews, now they identify threats as they occur. It's a strategic shift that requires aligning technology with risk, meaning choosing vendors and designing workflows that support early threat detection and automated safeguards. Technology is opening the door to smarter, faster ways to navigate risk. Banks now have greater visibility in customer behavior, and paired with scalable AI models, they can leverage those insights for threat prevention. At Accedia, we saw this firsthand in our work with a UK-based bank. To strengthen their cybersecurity strategy and KYC compliance, we integrated an AI-powered identity verification model using computer vision to authenticate documents and facial data in real time. Additionally, we developed an AI-driven fraud detection system, leveraging predictive analytics to identify anomalies in transactional behavior as they happen, resulting in 28% fewer false positives, a two-times faster response to threats and 35% decrease in manual workload for compliance teams. What stood out was how specific improvements uncovered weaknesses in the overall risk approach. To adopt AI-driven risk management for banks effectively, start by reviewing internal processes. Are decisions delayed by outdated tools? Is data siloed? Are risk signals acted on too late? Map the lifecycle of high-risk decisions and target tech initiatives that address bottlenecks while aligning with business goals. A centralized data lake, for instance, can eliminate data fragmentation and support а long-term analytics strategy. Real-time monitoring tools detect threats faster and reduce time-to-market for new services. Focus on actions that improve visibility, streamline workflows and lower reliance on manual work, instead of adopting tools without a clear strategic fit. While technological advances help organizations move faster, they also raise expectations, turning customer behavior into a major source of pressure. Today's customers want instant credit decisions, fast onboarding and personalized services across digital channels. Far from being a background concern, these expectations directly influence how banks engage, compete and grow. According to Accenture, banking institutions with the most loyal and satisfied customers achieve revenue growth nearly 1.7 times faster than their competitors. To meet new standards, banks may need to rethink their entire organization around customer experience. From a risk perspective, this creates two challenges. The first is speed. Customers anticipate instant credit decisions, approvals and onboarding, leaving little room for manual checks or lengthy reviews. The second is complexity. As services become more personalized, the processes behind them involve more data and, respectively, greater scrutiny from regulators. To manage both, understand where in the customer journey risk is introduced. Then implement measures like explainable AI, traceable logic and selective human oversight. This allows you to deliver the responsiveness customers expect while maintaining control where needed. Risk management in banking is no longer about ticking boxes. It's about making informed decisions at the right time, across every layer of the organization. That requires embedding risk thinking into digital workflows, using automation and data where it adds value and building systems that are secure from the ground up. The goal isn't just to adapt to change—but to shape it in a way that supports growth, earns customer trust and builds long-term resilience. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?
Arab Times
25-05-2025
- Politics
- Arab Times
Kuwait plays leading role in promoting culture, arts: Bulgarian envoy
KUWAIT CITY, May 25: 'Kuwait has a prominent position in consolidating the role of culture and the arts in the Arab world and beyond. Its openness to the cultures of the peoples of the world is remarkable and deserves everyone's appreciation,' says Bulgarian Ambassador to Kuwait Dimitar Dimitrov. Dimitrov made the statement during the celebration of the 'Day of the Bulgarian Alphabet, Enlightenment and Culture' -- one of the activities of Europe Month in Kuwait. Present at the event were Assistant Secretary General of the National Council for Culture, Arts and Letters (NCCAL) Sheikha Dr. Al-Anoud Al-Sabah, European Union (EU) Ambassador and Head of the EU Delegation to Kuwait Anne Koistinen, a number of EU ambassadors and members of the Bulgarian community. Dimitrov said the selection of Kuwait as the Capital of Arab Culture and Media is due to the prestigious role it plays in the field of culture and media -- both Arab and international. He affirmed that the two countries enjoy a rich history of international cultural activities and cooperation in multilateral forums. He stated 'we must explore opportunities for cooperation in the fields of studying and preserving historical heritage, and exchanging exhibitions and museums. Prospects for cooperation in education and Science must remain at the core of our attention, guided by the successes we have achieved over more than six decades of bilateral diplomatic relations.' He also praised the role of the Language Center at Kuwait University for its valuable support in teaching Arabic to specialists. 'As diplomats, we express our appreciation for Kuwait's achievements in the field of culture, and for the efforts of Kuwaiti entities working in the field of culture and the arts; particularly the Ministry of Information and NCCAL. They support international cultural exchange. They enable those interested in culture and the arts, and the Kuwaiti society in general, to learn about the cultures, traditions and achievements of countries around the world in the fields of Literature, Fine Arts, Music and other cultural activities,' he added. He expressed his deep appreciation for the Ministry of Information and NCCAL for their efforts in this field, and for their support in organizing an impressive cultural event in Kuwait with the participation of prominent artists from Bulgaria, European countries and other countries around the world. He also thanked the House of Islamic Antiquities 'for the longstanding, fruitful cooperation that enabled us to organize a series of influential concerts featuring talented Bulgarian artists in Kuwait.' He reiterated his country's commitment to further strengthen cooperation with Kuwait in the field of cultural diplomacy, emphasizing the importance of culture in building bridges between peoples. He said 'we believe in the power of cultural diplomacy.' Regarding the occasion, he disclosed 'the Day of the Bulgarian Alphabet, Enlightenment and Culture is one of the most important occasions in my country; as our letters, literature and cultural traditions have enabled the Bulgarian people to preserve their national identity among the peoples of Europe through centuries of historical change.'
