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Our main stories of this week includes … The African Mobile Revolution, Part One Last week I chaired the inaugural Dot Finance Live conference in Nairobi, Kenya.  It is Africa’s premier FinTech event, drawing people from all over the countries of sub-Sahara Africa.  What struck me as I listened to lots of …

In a final post about African transformation through technology, I’ve covered the key themes: mobile financial inclusion, smartphone innovation through apps, digital currencies and blockchain identities.  One thing missed is a mention of the Water ATM. I hadn’t heard of automated machines for water being deployed before, although it started …

ValueWeb makes the contention that you cannot have an internet of things without a real-time and cheap internet of value.  A core part of this is focused upon building a cheap shared ledger structure for digital identity and digital currencies and guess what?  That cheap shared ledger is most likely going …

One of the gating factors to financial inclusion is the mobile network itself. It sounds simple to say that all of Africa can have access to mobile money, and they can, but if each telco has different wallet structures, charges and fees, then the ease of usage falls sharply. This …

I enjoyed much of the discussions at Dot Finance, especially the presentation from Kosta Peric of the Bill & Melinda Gates Foundation.  Kosta’s been a good friend for some years and features as one of the case study interviews in ValueWeb.  He was also responsible for getting Bill Gates to …

Last week I chaired the inaugural Dot Finance Live conference in Nairobi, Kenya.  It is Africa’s premier FinTech event, drawing people from all over the countries of sub-Sahara Africa.  What struck me as I listened to lots of keynotes about mobile innovation and mobile financial inclusion, is that Africa is …

Our main stories of this week includes … 20% of Europeans would bank with Google, Facebook or Amazon I got an interesting research report this week about consumer attitudes towards banks in Europe: More than a third of European consumers would move bank if they didn’t offer up-to-date technology to aid …

I got an interesting research report this week about consumer attitudes towards banks in Europe: More than a third of European consumers would move bank if they didn’t offer up-to-date technology to aid interaction Nearly a third are already embracing mobile payments, while a fifth are already using wearables and …

So there are some clear lessons we can learn as base foundation principles when reimagining banking for the 21st century: Everything is peer-to-peer networked It’s all in real-time globally Commerce is not just person-to-person but more machine-to-machine We are looking at the exchange of value between machines and individuals, not …

Another factor of reimagining finance for the internet age is the very nature of person-to-person connectivity and peer-to-peer networking.  These two factors are very different and also different in the nature of how people are connecting.  In the developed world, we have the viral connectivity of the smartphone; in the …

Our main stories of this week includes … Lessons banks can learn from YouTube (and others) I need a little time to think about my reimagined financial structure, but some of the basics are already in play such as the idea of thinking about value exchange rather than monetary exchange.  Value exchange …

As we start to reimagine the bank, it is obvious that focus on the platform design and user experience is key, as demonstrated by YouTube.  A second key factor is recognising that the world has changed thanks to the mobile network.  We probably go yea, yea, yea when we talk …

I need a little time to think about my reimagined financial structure, but some of the basics are already in play such as the idea of thinking about value exchange rather than monetary exchange.  Value exchange is based upon the ability to reach the world with a thought.  I do …

After writing about whether we are creating faster horses when we think of applying open sourced technologies to banking, some more thoughts occurred to me: Are we applying Blockchain to clearing and settlement, rather than reimagining the whole trade cycle from liquidity structures to collateral management using open source platform …

I launched ValueWeb in Singapore yesterday and my friend Vladislav Solodkiy, Managing Partner at FinTech VC Fund Life.SREDA, hosted the evening.  He was kind enough to share his speech with me, so I thought I’d copy it here and share with you.  Enjoy! From BaaS and neobanks to FINTECH-BANK Fintech is currently …