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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…

I’ve met many FinTech founders and the one thing they have in common is youthful optimism (even those over 30), but I was taken with an article written by Arwa Mahdawi in The Guardian the other day asking why so many so many under 30-year-old founders face jail. You see the thing about youthful optimism…

As an advocate of digitalisation, I am finding myself more and more conflicted these days. Apps don’t work; settings change; updates mess up my services; processes break and cannot be repaired without a reset; I can’t make a payment as there is no WiFi or mobile data; I can’t get home as FreeNow and Uber…

The World Bank released a free report the other day titled: FinTech and the Future of Finance. It’s an interesting read and I was going to summarise it, when I discovered on LinkedIn that my friend Richard Turrin had already done the job. Here you go: “The World Bank” delivers a great read on fintech and…