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Shaping the future of finance

The Finanser’s Week: 28th March 2022 – 3rd April 2022

This week’s main blog discussions included: Banks are funding $750 billion worth of fossil fuel projects EVERY YEAR The new Intergovernmental Panel on Climate Change (IPCC) Working Group III report has just come out. The report looks into the progress made in limiting global emissions and the available mitigation options across systems and sectors in…

The world’s most valuable bank changes CEO

In a surprise announcement the world’s most valuable bank, PJ Margon Choice (PJMC), has announced that their long-standing leader, John Demon, is standing down to be replaced by Tim Blomfjord, the founder of Mongo. In the press release there are some interesting nuances as Demon states: “I realised that now is the time to leave…

Banks are funding $750 billion worth of fossil fuel projects EVERY YEAR

The new Intergovernmental Panel on Climate Change (IPCC) Working Group III report has just come out. The report looks into the progress made in limiting global emissions and the available mitigation options across systems and sectors in the short, medium, and long-term, and follows fast on the heels of reports I and II. Working Group…

Crypto: tax it, regulate it, subsidize it

I was reminded the other day of a quote by Ronald Reagan: “If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” He said this in the 1980s about the government’s view of the economy, but let’s apply it to cryptocurrencies. Initially irrelevant but now mainstream, many…

11 realities of 2030

People talk about time travel a lot. Hollywood loves it. Going back in time or forward in time is really popular. Switching bodies between a young you and an old you is often a theme. Being able to jump time is great fiction. And yes, it’s a fiction but, if I could jump time and…

And being rich doesn’t necessarily make you happy

Following on from last week’s discussion of smarter people not necessarily being wealthier, the mind is a funny thing. What makes you tick? What makes you laugh? What makes you cry? When you reflect, you introspect. It can be dangerous. Who are you? Why are you here? What is your purpose? What do you stand…

The Finanser’s Week: 21st March 2022 – 27th March 2022

This week’s main headlines include … Is technology making life better or worse? We had a big debate in our NFI group the other day about whether technology is improving our lives or making things much more complicated. It used to be that you could walk around without a mobile or laptop and life wasn’t…

Is technology making life better or worse?

We had a big debate in our NFI group the other day about whether technology is improving our lives or making things much more complicated. It used to be that you could walk around without a mobile or laptop and life wasn’t bad. Today, we have to have WiFi and the network 24*7 or we…

Is it true that smart people are richer?

A natural thought is that if you’re smart, you’re more likely to be rich, but that’s not true. There are many smart people who are poor and many stupid people who are rich. Why so? Because wealth has nothing to do with intelligence. A study published in November 2016 in the Proceedings of the National Academy…

OpenBanking+

I’ve been looking at where we are in 2022, compared with 2012. In 2012, everyone was talking about FinTech disrupting and destroying the dinosaur banks; in 2022, banks are buying FinTechs and even launching their own start-up FinTechs Things have changed. I blogged a while ago about the phases of FinTech we’re going through, and can…

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