Grid

This week’s main blog discussions include … AI should augment the human and automate the mundane We’ve all seen the massive discussions about artificial intelligence (AI) lately. Can we regulate it? What does it mean? Will we all lose our jobs? How can it be used in way that helps humans and does not destroy…

I remember a big debate in the 1990s about the future of finance. One of the main themes was whether we needed intermediaries. After a quarter of century, the answer is yes. We have intermediaries to provide trust between two people who don’t trust each other. The trusted intermediary’s role is key. The question is…

7 million households have no internet access according to the UK’s House of Lords’ Communications and Digital Committee (CDC) published, who its report at the end of June titled: Digital exclusion. Summarising their findings they say that the Government has “no credible strategy” to tackle digital exclusion. That’s a good start isn’t it? Statistics flagged…

Nice update this week regarding the Top 10 of everything FinTech from FinTech magazine. First, they listed the Top 10 UK FinTechs by value: Clearbank is a Centaur, valued at $590 million Atom is also a Centaur, with a valuation of $596 million PPRO moves us into the Unicorn world, with a value of $1…

We’ve all seen the massive discussions about artificial intelligence (AI) lately. Can we regulate it? What does it mean? Will we all lose our jobs? How can it be used in way that helps humans and does not destroy them? It is a debate we had in financial markets for years. Back in the last…

I was asked to contribute a Golden Nugget. Golden Nuggets is a theme created by Joe Foster, the founder of Reebok. Golden Nuggets is a platform to help “raise the consciousness of humanity by sharing wisdom, truth, vulnerability, positivity and kindness”. Here’s mine:   The worst things that have happened to me are often the…

This week’s main blog discussions include … The Evolution of Fintech and Its Impact on Banking: A Paradigm Shift by ChrisGPT I asked ChatGPT to write an article in my style. Here’s what it came up with: Introduction In the fast-paced world of finance, few have embraced the power of technology and innovation as passionately…

I asked ChatGPT to write an article in my style. Here’s what it came up with: Introduction In the fast-paced world of finance, few have embraced the power of technology and innovation as passionately as the fintech industry. Over the past decade, fintech has revolutionized the way we think about banking, disrupting traditional financial institutions…

Financial companies rely on streams of data and complex IT infrastructures, and operate in a constantly evolving regulatory environment, making them prime candidates for AI data-driven innovation. However, risks associated will need to be managed. Here are ten ideas as to where these developments will make a difference: Hyper-personalized marketing and customer experiences:By leveraging alternative…

In most presentations, I use this quote from Charles Darwin: It is not the most intellectual of the species that survives; it is not the strongest that survives; but the species that survives is the one that is able best to adapt and adjust to the changing environment in which it finds itself. Although he…