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Technology

Technologies have hardly touched our world yet …

We think we’ve come a long way with technology, but we haven’t really.  Sure we can now ping a message between a router in Hong Kong and London at the rate of 0.239 seconds speed; we can wear a watch that not only tells the time but takes photos, keeps our diary and tells us…

Iphone battery

Banks without a digital core will fail

Building on the discussion of data being key to disruption, I often use the phrase ‘digital core’ in this context.  Therefore, I was intrigued when someone asked for a definition of a ‘digital core’ and one of the replies was there isn’t a core anymore.  I wondered what they meant and, in explanation, they referred to…

What keeps Jamie Dimon awake at night? (clue: Fintech)

I’ve written a lot about incumbents versus startups lately and noted with interest that Jamie Dimon’s annual letter to JPMorgan shareholders picks up on this theme (not as a direct result I’m sure?).  He talks about “hundreds of startups with a lot of brains and money working on various alternatives to traditional banking” and that “the…

You ain’t seen nuthin’ yet

I hosted a dinner the other night, talking about how technology has changed banking.  We had a great conversation and I wrote down 26 points from the 14 contributions made in the opening round robin.  These points are summarised below and may be summed up by one word: change. Things are changing fast and, as…

The future supply chain

I’ve been thinking quite a bit about corporate treasury lately and the supply chain, and wondered what would happen if and when 3D printing really took off. By way of example, you can now 3D print your own car or house if you want, and that means that the whole supply chain collapses, as does…

3d printed handbag

What is ‘fintech’?

I had a fascinating discussion about fintech yesterday, and was intrigued with the briefing note for the meeting which said the following: “Fintech is the R&D function of financial services in the digital age….less to do with technology more to do with business model reinvention and customer centric design.  Fintech can be categorised as: Traditional…

Four big bank tech trends for 2015

I’m wrapping up predictions for 2015 with a touch on technology in banking, as that’s my space.  Although most people are talking about the internet of things and wearables as hot, hot, hot, they’re not.  In fact, I was reflecting upon the fact that the biggest game of 2014 was Candy Crush.  Before that was…

Donthotlink-crazy-frog-1280x1024-1

Four big bank tech trends for 2015

I’m wrapping up predictions for 2015 with a touch on technology in banking, as that’s my space.  Although most people are talking about the internet of things and wearables as hot, hot, hot, they’re not.  In fact, I was reflecting upon the fact that the biggest game of 2014 was Candy Crush.  Before that was…

Donthotlink-crazy-frog-1280x1024-1

Apple Pay will be the mobile wallet of choice and here’s why

So Apple Pay finally launched in the USA on October 20 and there’s been mixed reviews.  Some people couldn’t make payments, whilst some found they were double-charged.  However, these are just teething issues and the overwhelming reports are positive.  Even former Apple CEO and Financial Services Club keynote speaker John Sculley: I think Apple Pay…

Stipe

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