Home / Future (page 2)

Future

Will you take the red or the blue pill?

What is time? Do you have any idea? What is the time right now? Does it exist? Einstein says ‘no’. “Time does not exist. We invented it.” Some guy called Albert pic.twitter.com/JS9JMfEyJk — Chris Skinner (@Chris_Skinner) August 28, 2021   Building on Einstein’s quote, I used to regularly present that the …

Read More »

Who owns the mandate?

I was intrigued by a new report from the IMF entitled: The Impact of Fintech on Central Bank Governance (you can download it for free). I was particularly intrigued by its opening: Central bank governance is a concept composed of four constitutive and interrelated components: a central bank’s (i) mandate, …

Read More »

Banking on the game

This is a guest post by Matthias Kroener, a Bavarian who created Fidor Bank and then disappeared into the depths of gaming. Banking on the game The difference between gaming and gamification in banking Back in 1994, when I founded Direkt Anlage Bank (the first European discount broker) with a …

Read More »

Welcome to the Finverse

Am I the only one fed up with catchphrases in tech to create the Next Big Thing (NBT)? Cloud, Big Data, Platform, Ecosystem, Kubernetes and more are regularly catching an ember to try to spark a fire. Sometimes it works – Digital and Banking-as-a-Service (I’m biased as I was there first) – …

Read More »

Design for a business on Mars

I just saw someone talking to their challenger bank about paying in a cheque. The bank asked: what’s a cheque? I feel the same. In fact, these days, it’s kind of getting challenging to imagine: what’s cash? In fact, these days, it’s difficult to consider: what’s paper? You might say …

Read More »

Human-first, NOT digital-first

In a conversation today, I started discussing digital transformation in depth and found we were talking about digital as though that was the point. It made me wake up, as digital is not the point. Business, connectivity, relationships is the point. When we discuss doing everything online, converting to open …

Read More »

Are auditors worth it?

Talking about enforcing the system, I’m reading the Financial Reporting Council’s annual report about auditors of banks. Yes, I am that sad. The report notes that, across the UK’s seven biggest auditing firms, almost 30% of all bookkeeping was below par. It makes you wonder how they get away with …

Read More »