JPMorgan had their investors briefing on Monday. It was interesting, with lots of content (you can download all of the presentations here). I took a look at their briefing, and it is pretty mind-blowing tbh. A bank with 60 million active digital customers, processing USD$10 trillion a day with 40 billion security events a day….
I haven’t written much about Facebook’s digital currency Diem, as there’s not much to write about. A dead duck from day one, it would never succeed. I said so back when it launched in 2019: The bottom-line is that Facebook may have developed a stablecoin using blockchain to enable global payments within Messenger, Instagram and…
Four years ago, I was using this slide in my presentations. As I blogged at the time: “Those who recognise that banks are doing 1000 things average, will naturally come together to do 1000 things brilliantly.” The idea was that FinTech start-ups would start to align with each other to create global platforms. The first…
I have a few friends who are climate deniers. That’s fine, they are entitled to their views, but I cannot accept that view. There’s too much science that shows the world is changing. Their argument – those who believe this is not a climate emergency – is that it’s just Earth going through its’ regular…
After blogging about involvement in USA/China dynamics yesterday, I thought it pertinent to share a timeline of activities today that place context around the whole case. I could add more, but don’t want to bore you … 2007.2: Huaying (Huawei) bought Skycom. Ms. Meng was the Corporate Secretary of Huaying. 2007.11: Huaying sold Skycom…
I spotted two updates recently. The first is the half a billion dollar mistake at Citigroup. The second is how Amazon created Amazon Web Services (AWS). The two pieces go hand-in-hand. First, how could Citigroup make a billion dollar mistake? User Interface. The mistake was made by a worker in their offshore service centre, who…
Someone rightly pointed out that I talk a lot about Ant Group but not enough about other major initiatives like YONO, the mobile wallet of India. India is also a hotbed of innovation, with Google and Amazon fighting out the financial payments space alongside other players like PayTM and SBI, the State Bank of India….
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