Do you switch video on or not? 2020 has seen the big switch to video conferencing. Why didn’t we do it before? We’ve had video conferencing available on our phones and PC’s for years. Why is it we only switched this year? Because we are all distancing. Before March 2020, everyone would connect on a…
I’ve talked a lot about GloLo – the integration of local with global. This is where physical and digital come together, and has clearly been demonstrated during the pandemic. I’m local – locked in and not going anywhere – but I’m global – I’m video-calling every day to everywhere in the world. In the context…
I guess that Facebook caused many central banks to realise that if they didn’t issue digital currencies then others would. Hence, why most central banks are issuing them. But it’s not an either-or scenario. “We will see in the not-too-distant future a sovereign digital currency coming out.” Michael Corbat, CEO of Citi “There is absolutely…
The new word of focus, as proven by research, is omniaccess. Forget omnichannel. We just performed a short survey about the views of banks and FinTechs regarding the pandemic, sponsored by Oracle. The results are out today and here’s the summary: 48% believe the change from physical to digital is here to stay 47% believe we’ll…
I hadn’t realised the significance of Stripe’s recent press release until I stumbled over the Stratechery write-up over the weekend. Stratechery points out that Stripe has gone from a simple merchant checkout API to a platform of platforms. The significance of that? Well, think of the Amazon of finance: that’s Stripe’s ambition. So, what was…
I wrote the other day about machines becoming human, and said they would not be … but what if they were or, more importantly, what if machines stopped needing humans? This is the dystopian future of Terminator and more, where humans become redundant and we create our own destruction and replacement. I’ve always said that…
