Grid

I joined a Clubhouse discussion the other day – Clubhouse? What? – and discussed Chinese FinTech and its impact on the rest of the world. I really enjoyed the conversation and it was nice that my friend Sophie Guibaud summarised it afterwards. I asked her if she would let me share it here on the…

The two perennial debates we have in banking are a future that is cashless and branchless. Cash is going down, but is not eradicated; branches are closing fast, but still here. Are they necessary? I raise this as I got two reports from strong and trusted sources in the past week, one that said branches…

The main blog headlines this week include … If you think the future is purely digital, are you nuts? Arriving at the venue, I spot a good friend. We shake hands and hug. Then I see another friend I’ve missed. We hug and kiss. 1999? 2019? 2022? The conference network disappeared in 2020, and it’s…

Building on this discussion, I got into an online argument with someone who accused my views of being generational, e.g. old people want face-to-face, young people don’t care. They argued that sex will be better in virtual worlds and no one needs to go out anymore. They believe we can live in a purely digital…

Arriving at the venue, I spot a good friend. We shake hands and hug. Then I see another friend I’ve missed. We hug and kiss. 1999? 2019? 2022? The conference network disappeared in 2020, and it’s now trying to come back. How I miss those networked days. Some say we don’t need them. Some say…

I got a couple of reports in my inbox at the same time about the same thing: cybercrime. Putting this in context personally, I got an email from British Airways saying that SITA had been hacked. Dear Customer, We take the protection of your data very seriously (really?). We have been notified of a data…

Bloomberg wrote the other day that “consumers in the world’s largest economies amassed $2.9 trillion in extra savings during Covid-related lockdowns, a vast cash hoard that creates the potential for a powerful recovery from the pandemic recession”. I was pretty riled about this paragraph and headline, as it’s a total mis-hit imho. First who has savings?…

I’d just written my two pieces last week about non fungible tokens (NFTs) … WTF is an NFT? NFTs show why banks must focus upon digital asset management … when I spotted a fellow blogger and colleague who I respect, Sebastien Meunier, had written about them too. In Sebastien’s case, he writes that they’re a…

The main blogs of this week were: WTF is an NFT? Watching the mainstream news show the other day, it finished with an item about NFTs, non-fungible tokens. It’s not the sort of thing that I would have expected most pensioners sitting having their night-time cup of cocoa watching the news would expect to see…

A lot of our history in the future will be digital Our future is digital. Just as we look back today and enjoy our physical inheritances of books, music and art, we will look back tomorrow at our digital inheritances of books, music and art. The only difference is today it is digital, not physical….