Grid

Apple is making a dent in the balance sheets of a few big banks while the US regulator thinks that open banking might increase liquidity risk for banks. In other news, will the UK’s Financial Services and Markets Bill help to make the UK a global hub for cryptoasset technology and investment? Links to stuff…

I shared an update the other day that has had a lot of reaction, so I’m sharing it here on the blog. The update is from Generative AI on what corporate players would look like if they were animals.   The CEO is a lion? HR is a monkey? Sales is a fox? Interestingly they…

I was thinking the other day: why do we have money? Why are we slaves to the system? Can we break free? It made me think about whether anyone can live without money. After Googling the idea, it amazed me how many people do live without money. There’s even books about it. For example, in Life…

I spotted a comment the other day that no matter how rich you are, you can never be satisfied. That’s humanity for you. It led to asking the question: why do multimillionaires still bother working? The answer is that, as a human, we always have to have something to do. We are a species that…

I often use this headline: An AI Completed 360,000 Hours of Finance Work in Just Seconds in my presentations. The story is about JPMorgan who automated the checking of commercial contract wording. The AI machine they deployed was so effective at saving time that they could layoff 1,500 lawyers. Is that a good thing? Equally,…

The banking industry has always been at the forefront of adopting new technologies to improve its efficiency, effectiveness, and customer experience. In recent years, Artificial Intelligence (AI) has emerged as a game-changer in the banking sector, transforming various aspects of banking operations, from customer service to risk management, and driving significant changes in the way…

This week’s main blog discussions include … Barry Banker and the Market of Doom I’ve been writing children’s stories for a while, and decided to try to apply my childish impishness to the seriousness of banking. That’s a true FinTech approach where we integrate the parent and child. So, here’s my attempt to create an exciting…

This week, Visa announced something for the USA that really is a non-issue in Europe – it shouldn’t be news, but it was – for Americans at least! Plus –  there were Zombies, (Swedish House) Mafia and a 78 year old bank robber along with big news about our favourite (non) sponsor Elon Musk and…

I’ve been writing children’s stories for a while, and decided to try to apply my childish impishness to the seriousness of banking. That’s a true FinTech approach where we integrate the parent and child. So, here’s my attempt to create an exciting moment in time: Barry Banker and the Market of Doom. Barry Banker had worked…

Some predict that, in the near future, the world will be run by AI robots, even Liverpool football team! The thing about AI is that it is only as good as the input it is given. For example, ChatGPT couldn’t give answers to any questions you ask it, without those answers being previously written by…