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We must automate humanity

Building on yesterday’s blog, there was another interesting debate about the risks of humans in the network.  Humans screw up.  Humans cause problems.  Humans have emotions.  Humans are not welcome here. A good example of why humans are not welcome is that it is typically …

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Things worth reading: 10th February 2017

Things we’re reading today include … Trump’s bonfire of banking rules could burn us all China’s drive to reduce financial system risks is squeezing the nation’s banks Robust regulation needed for UK, says Bank deputy boss Boutique banks: at your discretion Bank of England hits …

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You can never automate humanity

I was in a long conversation about machine learning yesterday that will probably inspire a lot of blogging.  One of the key parts of the conversation was the integration of robotics and artificial intelligence.  When you can make love with a human being that doesn’t …

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Things worth reading: 9th February 2017

Things we’re reading today include … Which bank branches is TSB going to close? Rival branch closures boost Handelsbanken UK Young, savvy and poor: millennial men ‘earn £12,500 less than previous generation by 30’ Mervyn King: MPs’ attitude made Brexit inevitable Why is Greece back …

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Things worth reading: 8th February 2017

Things we’re reading today include … Biggest US banks holding $120bn of excess capital Brexit vote has ‘chilling’ effect on start-up investment Lloyds to review HBOS customer cases New India banks spark hopes of industry overhaul White House memo confuses Wall Street on fate of …

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Banks are extinct … oh no, they’re not

Curating the daily news yesterday, I was surprised to see an article published by Wharton Business School that irritated me. Wharton Business School is one of America’s Ivy League Universities up there with Yale and Harvard.  It should be publishing informed insights but this post …

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Things worth reading: 3rd February 2017

Things we’re reading today include … City fears German raid on Carsten Kengeter’s office could hit Deutsche-LSE merger Worldpay hires Santander exec as new UK boss  Ex-HBOS banker ‘sold his soul for swag’ Deutsche Bank results hit by legal costs Trump effect ‘has been good …

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Things worth reading: 2nd February 2017

Things we’re reading today include … After the Wells Fargo scandal, millennials deserve a ‘Netflix model’ for banking How Banks Can Keep Up With Digital Disruptors Dan Loeb: Trump will make hedge funds great again Derivatives ‘Big Bang’ catches market off guard SoFi adds to …

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B2B2C off!

So I’m in a conference that’s talking all the time about B2B2C models.  I guess that’s because there are a lot of FinTech startups focused on the B2B2C structures like Leveris, Thought Machine, Solaris, RailsBank, ClearBank, CBW and more.  But these are not B2B2C structures.  …

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Things worth reading: 1st February 2017

Things we’re reading today include … What the World’s Biggest Bank Bosses Say About Brexit Exodus How we nailed the crooked HBOS bank boss who cost us £11million Atom Bank has raised £100 million and will announce within weeks Deutsche Bank’s $630m Russia fine reflects …

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Things worth reading: 31st January 2017

Things we’re reading today include … Former HBOS manager found guilty of corruption and fraud Former top City regulator joins Standard Chartered JPMorgan in push to mine customer data Bank of England pumps £5bn into firms and £20bn into banks to keep interest rates down  …

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