Blog Index

The main blog posts this week were … Next generation insurance and the future of humanity Building on yesterday’s InsurTech theme, I remember being taught the principles of insurance some years ago.  A key difference between insurance and any other business is that it is seller beware rather than buyer beware.  This is why the…

Here are our key posts for the past week … Do banks need a CIO? I was talking with a technology firm the other day.  They offer everything from cloud to core systems.  Their issue is that the competition wins every time.  Not IBM.  Not Accenture.  Not TCS.  Not FIS.  Not SAP.  Not any of…

  Here are our key posts for the past week … Do banks need a CIO? I was talking with a technology firm the other day.  They offer everything from cloud to core systems.  Their issue is that the competition wins every time.  Not IBM.  Not Accenture.  Not TCS.  Not FIS.  Not SAP.  Not any…

Here are our key posts for the past week … How the system crushes the poor Building on yesterday’s discussion of the digital divide turning into a human divide*, I find it intriguing how we talk incessantly about financial inclusion and how technology will bank the unbanked.  It is our dream.  But is it just…

Here are our key posts for the past week … Applying Blockchain to Clearing and Settlement I’ve talked a lot about blockchain, but not much lately about the use cases, of which four stand out in terms of real activity: Clearing and Settlement, Trade Finance, Payments and Digital Identity.  I thought I’d do a deeper dive…

Here are our key posts for the past week … Renewing core systems is like renovating the subways Someone recently equated banks and their systems and structures, to the underground in London.  It’s a lot of pipes, wires, cables and tunnels that were built in the Victorian times and are still operating today.  You have…

Here are our key posts for the past week … Looking for a live Unicorn I was chatting about Unicorns yesterday.  I won’t say which one we talked about, but one specific firm was being picked on as unsustainable and incorrectly valued.  I was particularly surprised to hear that their cost of customer acquisition is…

Here are our key posts for the past week … Need some #FinTech Education? I recently hosted the FinTech University – FU for short – for BBVA in Madrid. #FU @CIBBVA pic.twitter.com/RUqVEDgPgg — Chris Skinner (@Chris_Skinner) June 20, 2016 It was a grand day out full of BBVA companies and partners including Simple, Holvi, Atom, Eris,…

Here are our key posts for the past week … Machines that learn will decimate human jobs … or will they? I was having a debate yesterday where a bank executive was asking me about what the hottest things in FinTech are right now.  My answer was machine learning (AI) and blockchain.  There are others…