This week’s main blog discussion’s include … Is your chatbot compliant? Fifteen years ago, social media was becoming popular. Facebook was growing fast, and Twitter had just launched. Ten years ago, banks were cautious about such media as it might compromise customer information. Five years ago, many were starting to get the idea, but were…
This week’s main blog discussions include … Wouldn’t it be wonderful if the oldest bank in the world became the newest? I’m working with a cryptobank start-up, and we’re looking at options for licensing. Various countries have various attractions, with some more attractive than others. I won’t go into the nuances of the details as…
The main blog discussions this week include … The Dunning-Kruger effect, as inspired by a bank robbery I had never heard of the Dunning-Kruger effect until the other day. Inspired by a bank robbery, Professor David Dunning worked out that people sit at opposite ends of a spectrum of confidence. Some are hugely confident and…
This week’s main blog discussions include … How the Wirecard story unravelled: an interview with Dan McCrum who broke the truth I’ve been following Dan McCrum, the investigative journalist with The Financial Times, for quite a while. He’s the guy who broke the Wirecard story, even though it could have meant quite a lot of…
This week’s main blog discussions include … Introducing the Dimonsaur For the past decade, Jamie Dimon has regularly been decrying bitcoin as a scam. Here’s a few of his quotes: Jamie Dimon tells Davos that Bitcoin is a ‘pet rock’ that does nothing—except help with fraud and money laundering Jamie Dimon lashes out against crypto:…
This week’s main blog discussions include … How old banks are responding to challenger banks (research report) I got an interesting research report from Economist Impact the other day, commissioned by Temenos. Usually I ignore such emails and updates, but this one was interesting as it’s focused upon how traditional financial providers are competing with…
The main blog discussions this week included … Do you need to be a bank in real life to be a bank in virtual life? Vitalik Buterin, the guy who created Ethereum cryptocurrency and smart contracts, blogged the other day about what happens when AI and blockchain collide. Funnily enough, that’s the theme of my…
This week’s main blog discussions include … How digitalisation is changing lending I was recently having a chat with my old friend Slava Solodkiy about the way in which digitalisation is changing lending. He then surprised me by summarising our discussion and allowing me to share it here! Here’s his write-up: How digitalisation is changing…
