“There is an inherent link between money and violence”
The other day, UK police raided a property where they found £114 million ($150 million) of cryptocurrency. The raid was part of an AML investigation, but I was particularly struck by this comment from Deputy Assistant Commissioner (DAC) Graham McNulty “There is an inherent link between money and violence.” Of course, that’s obvious. You only…
Two tribes … what about the analogues?
After talking about Tribe One, the Digital Gang, yesterday, who use words like: Autonomous, intelligent and connected Democratised, distributed and decentralised Platform, ecosystem and open Reliable, resilient and robust Vulnerable, questionable and fragile Environmental, sustainable and renewable I’m moving on to Tribe Two today: the Analogue Gang. These guys are all about face-to-face, over-the-table, eyeballing…
When two tribes go to war …
I was struck the other day by how many words are bandied about so much that they become meaningless. Then realised that many of these words fall into buckets. Then listed the buckets and they fell into two tribes: digital and analogue. The list is non-exhaustive and misses some bits that should be in there,…
Why did HSBC dump their biggest corporate client?
Talking about HSBC often drags me into political controversy. For example, when I criticised the bank for not making a stand over the Hong Kong protests, I got a lot of pushback. Frankly, I don’t like to dip my feet into political waters unless forced to and, in the spirit of that thinking, I was prompted…
What does cashless really mean?
As we move from cash to cashless, turbo-charged by the pandemic, there is a fundamental challenge to ATM providers like NCR and Diebold Nixdorf. I had this view back in the 1990s. It’s just taken a quarter of a century to become a reality. In the UK Link, the largest cash machine network, said there…
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