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Innovation

Welcome to the Semantic Web

Last Friday, I presented a new theme around the Semantic Bank to the The Next Web audience. I also wrote a bit about it the other day here.  I thought I would expand a little more on the background to the Semantic Bank by talking in more depth about artificial intelligence, machine …

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What banks can learn from Wal-Mart

I picked up Bloomberg Business Week at the airport this week, attracted by the cover. Wal-Mart have issues with the digital revolution.  Amazon is stealing their lunch, literally, and they’ve been struggling for years to work out what to do about it.  As a giant gorilla of grocery stores, the story …

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Why organisations resist innovation

One of my good friends at 11FS referenced Conway’s Law the other day.  I wondered what it was, as I know Moore’s Law and the Law of Diminishing Returns in economics, but Conway’s Law?  What’s that? It’s a thesis created by Melvin E. Conway, a computer programmer, back in 1968 …

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A disruptive innovation appears

I was listening to a financier talking about FinTech the other day, and claiming that they are all sustaining innovations and not disruptive.  They were referring to Clayton Christensen’s innovator’s dilemma discussions, where Professor Christensen points to different markets that were destroyed by disruptors.  Those markets include the American car …

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Turkish delights in innovation

I’ve been working closely with BKM, the Turkish retail payments clearing company, for a few years now.  They manage the Fintech Istanbul program, and are the powerhouse behind many of the innovations we’ve seen in Turkey from mobile wallets to contactless payments. Their CEO, Soner Canko, will be presenting to …

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The largest payments company in the world that most people have never heard of

I blogged a year ago about TechFin, the incumbents’ view of applying technology to existing banking services, versus FinTech which seeks to transform the financial system.  That has become one of the top search terms to find my blog, as it turns out, mainly because my blog entries are the first …

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