Future

I’m discussing a lot about digital currencies these days, and the future of CBDCs, Stablecoins and Crypto. The conversation generally goes along the lines of central banks issuing digital currencies is really unnecessary. No one wants them and no one trusts them. The whole thing is just a scam for governments to track and trace…

Discover how fintech is transforming small business, from mobile payments and AI tools to why the next unicorn might be run from home. I’ve run a small, independent business for almost 25 years. It’s been fun and most of it has been rewarding, except for the accounting, banking and paperwork. No one enjoys that behind-the-scenes…

Following the Swiss meeting, I was then honoured to moderate an opening panel at EBAday with representatives of JPMorgan and Deutsche Bank. We had a wide ranging discussion but, similar to the details of CRD VI, a lot of regulations came up as top-of-mind. MCiA, EUID, CRDVI, PSD3, EUAI etc and it did intrigue me…

I wandered back into the old world of EU regulations the other day in Switzerland, debating CRD VI and the demand that banks must have branches in every EU country when they offer full service banking, including deposits and lending. Well, that’s one interpretation. The whole thing is about the new Capital Requirements Directive, the…

The year is 2100. Earth is still here, but the Elon Musk vision is now delivered. What is that vision? Read on … Earth in 2100 is a place of automation. Everything is connected. Robots are everywhere. Self-driving aeroplanes and cars move goods and services. More than this, the world is run on a network….

I hate criticising other people’s work, but I do read some complete claptrap about the future. For example, I just got a report about the future of payments in 2040, that starts with a term Order-to-Cash cycle and then paints a scenario of someone buying an automated car. That was the first few paragraphs and,…

I just ran across an item from 1994 written by Carmen Hermosillo talking about cyberspace, the internet and the future. It is quite something but TL:DR, so here are a few highlights: Introducing Humdog: Pandora’s Vox Redux (1994) “When I went into cyberspace I went into it thinking that it was a place like any…

We talk a lot about AI these days or, as some call it, A1 or Al (yes, Betty, when you call me, you can call me Al) and we have now moved on to other terms including Generative AI, Agentic AI and AGI which stands for Artificial General Intelligence. The thing is that these terms…

Like the United States, Europe is trying to create a united region of cross-border trade that works. In America, this is 50 member states who work in a federated structure. My impression after the recent meeting on CRD VI (Capital Requirements Directive) is that Europe’s long-term aim is to achieve the same and, today, there…

As with all stages of constant change, there comes a moment of crisis. Many say that crisis means threat and opportunity based upon a Chinese legend. That legend is that crisis in China is a proverb which states that “crisis is an opportunity riding a dangerous wind”. It’s very true. Riding the dangerous wind (骑着危险的狂风)…