I just got a summary of my new book from the publishers. It comes out in the summer but, for those interested, here are the key messages: Core Thesis The book argues that banking is entering its third great technological revolution: Mainframe era → automation and scale Digital era → connectivity, mobile, fintech, experience Intelligence…
Every year I visit the analytics engine to see which blogs got the most visits. This list is this year’s although, interestingly, the blog entry with the most clicks generally is the one I wrote about who invented WiFi. Regardless, the list this year is interesting as it is mainly about fintech firms like Klarna,…
Building on my post earlier regarding the arguments for and against digital identity, there is another argument around what they mean for privacy. Luckily, a friend of mine decided to send me a post they thought useful around those themes and I liked what they wrote so, here it is: How People Are Prioritizing Digital…
For many years, I’ve been among the fintech influencers arguing for a digital identity system. Most people reply that they don’t want one. Even an anonymous encrypted one. They fear that governments will find ways to track and trace them, and so it does not work. Their fears are slightly irrational as, if you use…
Every three months my accountant asks me to send them my bank statements to do the company’s VAT returns. It’s annoying but hey, no one can access my bank account except me. But then something happened recently. The company’s bank accounts are with Barclays, and they changed the interface or did something so that, when…
I was having an interesting debate the other day about how AI will impact banking longer-term. The most interesting angle was that AI will provide knowledge and blockchain (or distributed ledgers, if you prefer) will provide provenance, and that the two combined are a killer partnership. Thinking about it, this gets interesting. So AI can…
I spotted a quote this week: “All truth passes through three stages: first, it is ridiculed. Second, it is violently opposed. Third, it is accepted as self-evident.” — Arthur Schopenhauer My mind immediately moved to bitcoin and cryptocurrency and, specifically, Jamie Dimon. For years, Dimon has said that bitcoin is a scam and yet, now,…
Many years ago, I was presenting to a country suffering sanctions. No longer able to access the SWIFT network and pretty much excommunicated by most banks worldwide, they were suffering. Of course, they could do nested accounts, where you bury your bank in a pyramid of other banks, but that is pretty complicated, so I…
Jamie Dimon, the chap that runs JPMorgan, has just stirred up a big debate about debanking by accusing Trump Media, the folks that run Donald’s Truth Social platform, of ‘making up things’. What things are they making up? That they’ve been debanked by JPMorgan for their political affiliation. The thing is that Jamie then poked…
I just got an invite to invest in Spacecoin. What is that? SPACECOIN is a visionary cryptocurrency built for the space economy and designed to offer a decentralized, efficient, and secure platform for interplanetary trade investors and exploration. WTH? My initial reaction was the idea that this is launching a cryptocurrency for those who want…
