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I was thinking about not sharing this info but hey, as you are good enough to read my blog … here’s the bottom-line on digital disruption (ed: oh no, Chris said the D-word!). There’s a slide that’s been doing the circuit for a while.  It comes from Visual Capitalist, and charts the change in the world’s…

Had a really interesting chat about RegTech the other day.  We were debating how regulators have changed in recent times, not just in encouraging start-ups and innovation, but it looking forward rather than backward. For most of the time that I’ve dealt with financial services, regulators have always been in catch-up mode.  They regulate what…

The main blog posts this week were … Wouldn’t it be simpler just to launch a new bank? One of the commonest questions I’m asked is whether the bank should just launch another bank, rather than trying to be digital and convert the existing bank.  The idea is that the new bank will have no…

One of the commonest questions I’m asked is whether the bank should just launch another bank, rather than trying to be digital and convert the existing bank.  The idea is that the new bank will have no legacy, no constraints, can develop from a clean sheet of paper and be the bank’s very own challenger…

I’m always blogging about replacing core systems, open source the bank, change the leadership to one that gets it and just do it.  I’m saying it so much that I’m finding myself boring.  So let’s change tack.  Who’s the vendor? Not gonna name names, but I’ve had a few really fun discussions with banks in…

We had a really interesting meeting about digital identity, blockchain and the Calais Jungle at The Financial Services Club recently from Jaz and Nils O’Hara of the Worldwide Tribe. One member of  the Club, Nick Swanson of ObjectTech, was so taken with it that he blogged about it.  Thanks Nick and he’s kindly allowed me…

Talking about moving from proprietary to open, from controlled to marketplace and from internal to external focus, another key change is the very nature of technology itself.  It’s quite clear that a start-up today could launch with just a few thousand dollars, Amazon Web Services and a bright idea.  There is no need to build…

Here are our key posts for the past week … Do we really need to rip up the roads? In a discussion yesterday, I made a comment which resonated.  It was in comparing FinTech with transportation, and the idea that just because FinTech comes up with the idea of a self-driving car does not mean…

I often write some things that I don’t believe, such as yesterday’s blog about the fact that we don’t need to rip up the roads.  Of course we need to rip up the roads, because our mode of transport has changed dramatically.  A great example of this change is just the very nature of the underlying…

In a discussion yesterday, I made a comment which resonated.  It was in comparing FinTech with transportation, and the idea that just because FinTech comes up with the idea of a self-driving car does not mean that we have to rip up the roads, does it?  No.  The transportation system has a huge amount of…