Our main stories of this week includes … Digital is all about the people I got caught up in a conversation about building a new digital bank the other day, and being asked how I would organise the project. I’m a simple guy and go back to basics, and the basics are people, process and product. People…
Our main stories of this week includes … Regulations, Innovations, Sandboxes and #RegTech So I just attended a really interesting two day meeting that covered all things blockchain, regulations, innovation and more. I’ll blog about the bits I can in the next few days, and thought I’d start with an overview of the Financial Conduct Authority’s…
Our main stories of this week includes … The future of banking, money and finance [Presentation] I’ve been presenting a summary of Digital Bank and ValueWeb for a few months now. It is the story of the origins of moneykind and, as many have now heard the story, I thought it’s about time to share this on the blog. If you…
Our main stories of this week includes … Social KYC: far easier than passports and utility bills I just received a white paper about Social KYC from Fintech startup Veridu. The idea is to use our social media profiles to authenticate and onboard as a new 21st century KYC process. It’s an interesting idea I thought…
Our main stories of this week includes … The African Mobile Revolution, Part One Last week I chaired the inaugural Dot Finance Live conference in Nairobi, Kenya. It is Africa’s premier FinTech event, drawing people from all over the countries of sub-Sahara Africa. What struck me as I listened to lots of keynotes about mobile innovation and…
Our main stories of this week includes … 20% of Europeans would bank with Google, Facebook or Amazon I got an interesting research report this week about consumer attitudes towards banks in Europe: More than a third of European consumers would move bank if they didn’t offer up-to-date technology to aid interaction Nearly a third are…
Our main stories of this week includes … Lessons banks can learn from YouTube (and others) I need a little time to think about my reimagined financial structure, but some of the basics are already in play such as the idea of thinking about value exchange rather than monetary exchange. Value exchange is based upon the ability…
Our main stories of this week includes … In the digital age, printed proof of identity is ludicrous I remember being involved in a business process re-engineering project for an insurance firm some years ago. We looked at how the underwriting process worked on complex insurance risks and discovered that in the middle of the process,…
Our main stories of this week includes … Marketplace lending comes of age One of the interviewees in my new book ValueWeb is Ron Suber, President of Prosper Marketplace Lending. Ron gave a speech last week which is summarized below. Well worth a read. Markeplace Lending: Evolution of an Asset Class (The following post is excerpted from a…
Our main stories of this week includes … Challenger versus incumbent or challenger and incumbent I guess my highlight of #Money2020Europe was moderating a discussion between Martin Blessing, CEO of Commerzbank, and Ricky Knox, CEO of UK digital-first start-up Tandem Bank. What does it take to be a FinTech hub? As mentioned I’ve just attended #Money2020Europe…
