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This week’s Fintech Uncut

A major Global Bank registered a trademark this week for a “ChatGPT like” service to help clients with investment advice although global finfluencer Paolo Sironi thinks they aren’t taking “FU” into account in their algorithms. It seems our quizmaster Rik might have been spending a bit too much time with ChatGPT this week as he busts…

A poem dedicated to AI

  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…

Have we invented the technology to replace us?

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…

Reality is just the fiction in our own minds

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…

How to regulate AI?

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…

Are cryptocurrencies securities?

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:…

The Finanser’s Week: 21st May – 28th May 2023

This week’s main blog discussions include … Some challenger banks are challenged 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…

This week’s FU!

RIP Tina Turner – she might not have been the first to sing “Simply The Best” but she certainly was one of the greatest artists of all time in our books. Another great lady to hit the headlines this week was “The Darling of Starling” – Anne Boden, who announced she will be stepping down as CEO…

Question everything

I just had this chat on twitter, based upon my line: Question Everything! Question everythinghttps://t.co/jxovLjMuns pic.twitter.com/5Nz07Z0BmF — Chris Skinner (@Chris_Skinner) May 19, 2023 My friend Ajit asked WHY? My answer was: because, if you don’t, you accept everything as it is … which is not right when everything is changing around you. This reminded me…

Some challenger banks are challenged

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…

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