Digital Bank

  After yesterday’s post, I felt inspired to write a poem about AI. Here goes:   Have we invented the technology to replace us? Have we thrown humanity under a bus? If technology can talk, what does it have to say? If technology can walk, how will it play? We have AI and robots today…

I recently hosted a meeting of C-suite bankers to talk about Artificial Intelligence (AI) in banking. It was a great discussion and my summary would be: it’s scary and exciting. As I blogged about the other day, AI may be our future or our doom. Which way do we look? The meeting had a theme…

When I wrote Digital Human, the book was partly inspired by Sapiens: A Brief History of Humankind by Yuval Noah Hariri. Yuval’s moved on since then, written several more great books, and is now focused upon artificial intelligence (AI). So, I just watched a fascinating presentation from Yuval at the Frontiers conference. Most of the…

European Union and United States diplomats are meeting today, for the fourth time, to work out how to regulate artificial intelligence (AI). The EU Commission expects agreement in the European Union this year on the first AI law, in what some see as a global race to manage these new technologies. The key is how to…

There is a huge debate around whether cryptocurrencies are securities or not. Should they be regulated by the Securities and Exchange Commission (SEC) or not? This has come to a head recently, as the SEC decided to tackle Ripple and Coinbase as deviants. Ripple Effects From SEC Suit Could Strengthen Coinbase Litigation Ripple v. SEC:…

I’ve written quite a lot about Revolut and Monzo, as well as many other challenger banks. Now, as we hit hard times with rising inflation, interest rates and a recession looming in so many markets what’s the state of the fintech nation? Well, it’s challenging for challengers. Some are doing well, but many are being called out for…

Some years ago, I was talking about corporate transformation and the move from command-control to coach-counsel organisations. Command-control are businesses that run in a military style. You do what I tell you to do and obey the rules. Coach-counsel was far more developmental. How can I help you achieve your dreams. Some described the former…

On the one hand we want order and control; on the other, we don’t want to be ordered or controlled. We want governance, but we don’t want to be governed. We appreciate structure, but we don’t want to have that structure tell us what to do. The issue is a basic one: how far can…

I did a search of “Jamie Dimon” the other day, and was intrigued by the results. It reached everything from how cryptocurrencies are dangerous to Jeffrey Epstein, the late sex offender connected to everyone from Prince Andrew to Jes Staley, formerly with JP Morgan and CEO of Barclays. The search made me realise how much…

I am getting more and more blown away by AI these days. Not only is ChatGPT able to write my blogs, but relationships are now run by deep fake robots. In a recent experiment, the US medical council did a blind test of patient treatments, where patient questions were answered by human doctors but, also,…