A month ago, I discussed the American Security and Exchange Commission’s (SEC) case against Ripple, who are accused of trading securities with the question: are cryptocurrencies securities? Since then, the SEC has issued warrants against Binance and Coinbase, and seem to be in full flow to stand up against the crypto trading industry and bring…
This week’s main blog discussions include … Make my money matter … an interview with Richard Curtis I spotted an interview with Richard Curtis the other day about his campaign to change how pensions funds invest. The campaign is called Make my money matter and asks institutional investors, pension funds and banks to ensure that…
I spotted an interview with Richard Curtis the other day about his campaign to change how pensions funds invest. The campaign is called Make my money matter and asks institutional investors, pension funds and banks to ensure that they invest in a sustainable way. Discussing this in an interview with Akshat Rathi in the podcast…
I recently presented at the DIFC’s first Dubai Fintech Summit on the past, present and future of banking, finance and technology. It was fun, but with only twenty minutes, it was fast. So, here is that presentation and transcript if you are interested … Slides: Video: Transcript: Some of you may know me but,…
I often quote Bob Diamond, the former CEO of Barclays Bank, who states: “I can’t think of anyone who doesn’t believe that in the future a digital version of the dollar for institutional and corporate use isn’t going to happen and be far more efficient.” Bob is now a founder of Atlas Capital, and also…
I’ve written a lot about JPMorgan for over two decades, ever since Jamie Dimon took over the bank in 2004. Back then, it was notable that he made a decision to revoke a massive ten-year outsourcing contract with IBM. Industry watchers see Dimon’s fingerprints on Chase’s decision, announced Wednesday, to cancel the company’s $5 billion,…
Years ago (over fifteen to be exact), I talked about Banking-as-a-Service (BaaS). More than six years ago, I urged financial providers to become conductors and curators of the financial ecosystem. Now, we are in 2023, and there are a few examples of both structures in the fintech system, bearing in mind each structure is different….
This week’s main blog discussions include … How to regulate AI? European Union and United States diplomats are meeting today, for the fourth time, to work out how to regulate artificial intelligence (AI). The EU Commission expects agreement in the European Union this year on the first AI law, in what some see as a…
A major Global Bank registered a trademark this week for a “ChatGPT like” service to help clients with investment advice although global finfluencer Paolo Sironi thinks they aren’t taking “FU” into account in their algorithms. It seems our quizmaster Rik might have been spending a bit too much time with ChatGPT this week as he busts…
