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 industry is built with a principle called uberrima fides rather than caveat emptor. Uberrima fides is…
As mentioned last week, the CIO’s role is changing from running an empire of maintenance engineers to organising a distributed development organisation. The change in the role is one from a hierarchical control structure, where everything is proprietary and internal, to a flattened organisation that is open and broad. Much of the developments will come…
I love the predictions of scientists, but they’re often wrong. The internet has a litany of stupid predictions from IBM’s President saying that there’s a worldwide market for about five computers to The Atlantic predicting that, by the year 2000, we would no longer be engaged in wars. The latest predictions are that, thanks to improvements…
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 such as contextual commerce, voice recognition and digital assistants, but machine learning and blockchain are top of mind. His response was…
The Bright Future The year is 2030. Europe grows from strength to strength, after the harmonisation agreements between the German Finance Minister, the European Central Bank and the European Parliament for the clearance for Quantitative Easing and bailout funds for Italy in 2018. This was a turning point in the Union as the clear support…
