This week’s main blog discussions include …
When John Collison had a pint with Nik Storonsky
Revolut’s Nik Storonsky doesn’t want to run a bank When the founder of one of the world’s fastest-growing digital banks explains how he runs his business, you might expect a conversation about banking strategy, regulation, risk management and financial performance. Instead, you get a discussion about product development, artificial intelligence, customer behaviour and why traditional…
Every banker understands the dangers of putting too many eggs in one basket. It’s one of the most basic principles of risk management. Diversify your exposures, spread your risks and never become too dependent upon a single counterparty. So why are we doing exactly the opposite with technology? It’s a question I’ve been asking myself…
Who do you trust? Your bank? Your boss? Your colleagues? Your friends? Your family? What if I told you that the next time you see any of them on a video call, it isn’t them? What if the person you are talking to looks exactly like someone you know, sounds exactly like them and even…
Are you a star, average or poor performer?
Are you a star performer at work? Are you average? Or are you one of those people who should be shown the door because you are simply not good enough? It is an interesting question, particularly in a world where artificial intelligence is increasingly capable of doing the work we do, often faster, cheaper and…
Banks are the plumbing … we just hope they don’t leak
The future of banking is being fought over by artificial intelligence, human intelligence and, occasionally, a complete lack of either. Two headlines caught my eye yesterday, and they made me laugh. Not because they were particularly funny, but because they captured the glorious absurdity of where banking is heading. The first, from FinTech Global, asked…
How the British beat the French (by stealing their language)
This is quite a long blog: TLDR? The headline is the that language is what creates the concentration of power and Britain has done a good job there, as has France in the past. The question is whether AI will destroy all of this? From Viking invaders and French aristocrats to American technology and artificial…
Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...